{"product_id":"high-rise-and-fall-9781138612419","title":"High Rise and Fall","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cem\u003eHigh Rise and Fall\u003c\/em\u003e tells the story of how the European commercial property industry transformed from a local, small-scale business to an international, financially sophisticated, multi-billion-euro industry that was ultimately devastated by the 2008 crash.\u003c\/p\u003e\u003cp\u003eDrawing on her experience as both former Editor of \u003cem\u003eEuroProperty\u003c\/em\u003e and Director at the European Association for Investors  in Non-Listed Real Estate Vehicles (INREV), Andrea Carpenter explains how the mid-1990s saw the arrival of a new style of property investing in the European markets. Seeking high returns, impervious to risk and with a seeming indifference to the buildings at the heart of the deals, US players such as Morgan Stanley, Goldman Sachs and Lehman Brothers conquered the European property markets with an audacity that both repulsed and intoxicated the locals. Fuelled by improving economic conditions in the early 2000s, European investors were keen to emulate all or parts of the US i\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\"\u003cem\u003eHigh Rise and Fall\u003c\/em\u003e takes a no holds barred view of the historically cyclical nature of the property sector to provide an invaluable perspective for any new entrant, particularly of the core financial markets that underpin and invest in property globally as a core investment class. When 75% of the world wealth is invested in global real estate this book gives a unique perspective on the financial backbone that make this one of the most exciting sectors to be involved with. A must read for \"the love of property\" on the \"revival and survival\" associated with a career in this great profession.\" \u003cb\u003eAmanda Clack is Executive Director, Head of Strategic Consulting, CBRE and is the Immediate Past President of RICS\u003c\/b\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003col\u003e\n\u003cli\u003ePrologue\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eThe arrival of the Americans\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eThe Americans bring 20% investing to Europe\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eThe Germans go international (1995 – 2001)\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eThe return of the locals (1998 – 2001)\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eProperty enters the financial markets (2001 – 2004)\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eExpansion of the European funds (2001 – 2004)\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eThe response from the Americans (2002 – 2004)\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eThe crisis comes early for German openended funds, as Americans pick up the opportunities (2004 –2006)\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eEurope overheats (2004 – 2007)\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eDenial, then crash (2007 – 2009)\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eFallout for the Americans (2008 – 2011)\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eFallout for European investors and lending (2008 – 2011)\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eRebuilding the business models, and trend towards the next cycle (2011 – 2017)\u003c\/li\u003e\n\u003c\/ol\u003e","brand":"Taylor \u0026 Francis Ltd","offers":[{"title":"Default Title","offer_id":50577835688279,"sku":"9781138612419","price":114.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781138612419.jpg?v=1746096880","url":"https:\/\/bookcurl.com\/products\/high-rise-and-fall-9781138612419","provider":"Book Curl","version":"1.0","type":"link"}