Lecture examines effect of financial markets on real estate

Lecture examines effect of financial markets on real estate

A leading economist will give a public lecture tomorrow (Thursday, May 7) on the effect of global financial markets on real estate.

The University of Aberdeen Business School will welcome Professor Colin Lizieri from the University of Reading to give its annual property lecture.

Professor Lizieri is a real estate economist who has acted as an expert advisor to the UK and Norwegian Governments, the Corporation of London and the City of Toronto, as well as appearing as an expert witness on real estate matters.

His research focuses on modelling the development of world cities and office markets, and on innovation in real estate investment and finance.

His lecture is entitled Global Financial Centres, Office Markets and Risk, and will be held in the CPD Suite of the MacRobert Building at 1 pm.

Professor Lizieri said: "Global financial activity is heavily concentrated in a small number of world cities such as London and New York, where office markets receive significant flows of investment capital.

"But the growing specialization of activity in international finance corporations and innovations in real estate investment vehicles means the developer, occupier, investment, and finance markets end up locked together. This allows shocks from one office market to be transmitted throughout the system.

"International real estate investment strategies that fail to recognize this risk may fail to deliver the diversification benefits sought. Similarly, cities that follow growth strategies that focus on financial clustering may be vulnerable to periodic severe market downturns."

The lecture will take place in the CPD Suite of the MacRobert Building, King Street on Thursday, May 7 at 1pm. Students, staff and members of the public are welcome. For more information please contact Steven Devaney on 01224 272763.

ENDS

Search News

Browse by Month

2018

  1. Jan
  2. Feb
  3. Mar There are no items to show for March 2018
  4. Apr There are no items to show for April 2018
  5. May There are no items to show for May 2018
  6. Jun There are no items to show for June 2018
  7. Jul There are no items to show for July 2018
  8. Aug There are no items to show for August 2018
  9. Sep There are no items to show for September 2018
  10. Oct There are no items to show for October 2018
  11. Nov There are no items to show for November 2018
  12. Dec There are no items to show for December 2018