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 Overview · News Releases · Member News · Features · Media Backgrounder · CRE Logo and Graphics Standards Arthur Pasquarella, CRE U.S. Real Estate Executive Calls for More Transparency in Investment Instruments to Help Rebuild Confidence in Real Estate Investment FOR IMMEDIATE RELEASE - March 02, 2009 (Chicago, IL-USA) – March 2, 2009 – Arthur Pasquarella, CRE, Executive Vice President and Chief Operating Officer of U.S.-based BPG Properties, Ltd. and speaker at the MIPIM 2009 Conference in Cannes, France (March 10 – 13), says investment in real estate will rebound when investors regain confidence in the quality of properties and the integrity of investment vehicles offered to them. Mr. Pasquarella is the 2009 Vice Chair and will be the 2010 Chairman of The Counselors of Real Estate, an exclusive international organization of highly experienced real estate executives. Predicts Real Estate Investment Will Increase in Popularity as Economy Recovers Pasquarella, who oversees a $6.0 billion (USD) real estate investment portfolio that includes office, multi-family, retail and industrial properties, says investment managers must go “back to basics” in structuring and underwriting to instill investor confidence. He predicts that investment real estate, which has long been acquired and operated in a transparent format, will increase in popularity as investors move away from complicated packaged investment instruments. Investment in U.S. Real Estate Remains Strong “Investment interest in the United States real estate market remains strong,” Pasquarella says. “Non-U.S. investors and investment funds recognize the potential of U.S income-producing real estate and continue to show interest in investing in the U.S. market because of the opportunity for capital appreciation as the economy rebounds,” he continues. “Real estate remains an excellent hedge against future inflation; and a reasonable diversifier in an institutional investment portfolio.” Participates in “Green” Panel at MIPIM Conference Pasquarella will address a key element in reenergizing the real estate market -- sustainability and green building -- at the MIPIM conference. The panel discussion titled “Green, Mean and Lean. How Important and Affordable is Sustainability Today?” is scheduled on Wednesday 11th March from 11.00 to 12.00 in Esterel Auditorium, Level 5 of the Palais des Festivals, Cannes, France. Mr. Pasquarella is a Counselor of Real Estate (CRE), a member of an exclusive, distinguished group of real estate executives who are deeply experienced in providing trusted and unbiased counsel on matters of real property. Only 1,200 of the world’s top real estate executives hold the CRE credential awarded by The Counselors of Real Estate organization, an international invitation-only executive organization. » VIEW ALL NEWS RELEASES
The Counselors of Real Estate, established in 1953, is an international group of high profile professionals including members of prominent real estate, financial, legal and accounting firms as well as leaders of government and academia who provide expert, objective advice on complex real property situations and land-related matters. Membership is selective, extended by invitation only. The organization’s CRE (Counselor of Real Estate) Designation is awarded to all members in recognition of superior problem solving ability in various areas of real estate counseling. For more information, contact The Counselors of Real Estate, 430 N. Michigan Avenue, Chicago, IL 60611; 312/329.8427; http://www.cre.org
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For more information contact The Counselors of Real Estate. |
