CEO's Column
Europe’s summer of sport, with all its
highs and lows, will only provide a temporary distraction from the continuing
range of economic, banking and finance challenges facing the real-estate
sector.
Nevertheless, it was valuable for our members to assess the real-estate implications of London’s hosting of the 2012 Olympics at our recent summer conference. Drawing on the material presented at this session, ULI will publish an analysis of event-led regeneration using the London games as a case study, investigating whether the modern-era Olympics are primarily infrastructure projects with a sporting festival bolted on - and , noting that bids from Istanbul and Madrid are on the IOC shortlist for the 2020 games, reviewing the differing approaches cities are taking to securing long term real-estate and regeneration dividends from hosting such events so as to accelerate cities’ ability to learn and plan.
ULI’s commitment to learning continues through the summer with this month’s publication of Professional Real Estate Development: The ULI Guide to the Business, which is available at ULI bookstore. This wholly updated 3rd edition perfectly complements our forthcoming Young Leaders Summer School taking place next month in Cambridge and London under the leadership of Professor Andrew Baum. Do reserve a slot for your talented young professionals.
Finally, we are also delighted to welcome three new Guest Columnists in the shape of PwC’s John Forbes, Joseph Kelly of Real Capital Analytics and Dr. Stephan Bone-Winkel, CEO of BEOS AG. And George Kaburopulos, Chair of ULI Greece, asks if the real estate sector can play a part in solving the Greek crisis. All four articles make a stimulating read.
