The ‘2024 CCIM International Real Estate Conference’, hosted by the CCIM Korea Association, will be held on Monday, November 25 from 3:30 to 6:00 pm at the Rose Room on the 5th floor of Grand InterContinental Seoul Parnas. This event is a place to discuss the latest trends and strategies in the global real estate market, and domestic and foreign industry experts will gather in one place to share in-depth insights.
CCIM Korea Association is Korea’s leading global and commercial real estate investment expert organization, providing overseas real estate investment information through regular CCIM education and international conferences.
At this conference, experts from major real estate markets such as the United States, Japan, and Taiwan will present market trends and investment strategies for each country. The conference will be conducted and sequential interpretation will be conducted by Cushman & Wakefield Deputy Director Jeon Hye-won (former SBS CNBC reporter).
In particular, in-depth analysis of changes in the U.S. commercial real estate market and the growth potential of the data center industry is expected to have significant implications for participants.
Program highlights:
U.S. commercial real estate market overview
D’Etta Casto-DeLeon (2024 CCIM Institute Chairman, CBRE Houston Director) will appear as a presenter and analyze the impact of U.S. policies on the global commercial real estate market and provide in-depth insights through comparison with the Korean commercial real estate market. am.
Data center market trends and domestic potential growth rate
John Pritchard (Cushman & Wakefield Director, Data Center Advisory Team) discusses global trends in the data center industry and growth potential in the domestic market.
Japanese real estate market trends
Keiichi Kojima (2026 CCIM Japan Chairman, K’S Signature Co., Ltd CEO) introduces major issues and investment opportunities in the Japanese real estate market.
Taiwan real estate market trends
Jack Huang (2017-2020 Chairman of CCIM Taiwan, Representative of ERA TAIWAN Master Franchise) presents the unique structure and investment strategy of Taiwan’s real estate market.
In addition, Q&A and networking sessions provide opportunities for participants to communicate with experts from each country.
The participation fee is 30,000 won for CCIM regular members and 50,000 won for associate members and the general public. Applications can be made by email (admin@ccimkorea.com) or by phone. When applying, you must include your name, employer, and position, and pay the participation fee to the association account provided after applying.
Heungsik Min, Chairman of CCIM Korea Association, said, “This conference will be an important opportunity to share the latest information on the global real estate market and discuss the possibility of cooperation between industries,” and requested great interest and participation from members and industry experts.
Hankyung.com Newsroom open@hankyung.com
Thank you for joining us today for this exclusive interview on the upcoming 2024 CCIM International Real Estate Conference. We are pleased to have with us Ms. D’Etta Casto-DeLeon, Chairman of the 2024 CCIM Institute and Director of CBRE Houston, and Mr. Jack Huang, Representative of ERA TAIWAN Master Franchise and former Chairman of CCIM Taiwan.
Ms. Casto-DeLeon, please share with us your insights on the current U.S. commercial real estate market. How have recent policies impacted its global standing? Could you also give us a comparison between the U.S. and Korean commercial real estate markets?
Ms. Casto-DeLeon: Thank you for having me here. The U.S. commercial real estate market has been stable in terms of fundamentals, but there are certainly concerns regarding the impact of rising interest rates and inflation. The CCIM designation provides members with a global perspective, and I’m excited to share insights on how these changes are affecting both domestic and international real estate markets. In terms of comparisons between the U.S. and Korean markets, we’ll be discussing factors such as capital flow, investment opportunities, and market trends during my presentation.
Mr. Huang, could you tell us about the unique features of the Taiwanese real estate market? How do these differentiate it from other markets in Asia?
Mr. Huang: Of course. Taiwan has a unique real estate market structure that combines elements of both Western and Eastern investment approaches. Investors here tend to focus on mid-to-long-term returns and stable cash flows rather than quick profits. The market is also heavily regulated by the government, which helps maintain stability but can make entry more difficult for foreign investors. We will be exploring these factors in depth during the conference.
Moving on to the data center market, Mr. Pritchard, what are the current global trends and potential growth rates for this sector? How does this relate to the domestic market in Korea?
Mr. Pritchard: Data centers have become increasingly important as we rely more on technology in our daily lives. The growth rate for this sector is expected to continue, driven by factors such as