2. Global Capital Sources
CEE SUMMIT   June, 2017
Global Capital Sources
Richard Divall Head of Cross Border Capital Markets EMEA for Colliers International
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3. Sovereign Wealth Funds

4. Global Insurance Companies/PF’s/Chinese SoE’s

5. Private Equity Funds

6. Family Offices

7. Cash Rich Developers & Global REITS

8. Global IM’s

9. Issues to Global Capital entering CEE
Small teams
‘Gateway Cities’
Fund into funds
CEE developing markets
Access by flights
Finance costs
Legal & tax transparency
Availability
Exit strategies
Contingency
Political uncertainty

10. CEE Investment flows in a healthy state 2016 flows at a cyclical high; Q estimated flows well ahead of Q1 2016
Historical CEE investment volume (€ bn)

11. The Changing of the Guard
2011’s regional volume split
2016’s regional volume split

12. The Asians Asian investment in CEE 2015 (EUR min)

13. Political uncertainty and Rand volatility

14. Reasons for overseas property investment
Diversification

15. Reasons for overseas property investment
Lack of suitable domestic opportunities

16. Reasons for overseas property investment
Attractive overseas markets
Risk
Reward

17. Who is investing? Traditional Investors Recent wave
Life and Pension funds
Prop Cos
HNW & U-HNW
South African Multinationals
Listed Real Estate Funds/Developers/REITs

18. Richard Divall Head of Cross Border Capital Markets EMEA for Colliers International