Philip Blumberg, Founding Chairman and CEO of Blumberg Capital Partners, was featured as a Cityscape speaker in a 60 second interview with Cityscape Global this month. An excerpt follows:
Q. Whereare the best investment opportunities in global real estate today? USA, Europe, Asia or Middle East?
Opportunities lie in developments and acquisitions which respond to fundamentals and real end user demand, rather than speculation.
I would look to:
Affordable housing, triple net corporate facility investments, opportunistic acquisitions of heavily discounted but well conceived, located and executed commercial and office developments in developing and emerging markets.Down the road investment in European economies.
Q. How significant is speaking at the Global Real Estate Summit to you? What are your reasons for taking part?
Having the opportunity to speak and participate in this conference over the past 10 years has been a privilege and very enjoyable experience.
Watching this event grow into one of the preeminent real estate conferences in the world is a remarkable achievement, and a good use of the most precious resource: time.
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