International Real Estate Expo reposted this
ADAX Fond firemního nástupnictví SICAV, a.s. | One Family Office | Investment Funds Professional | Consultant | Lecturer | Host
What is the role of family offices in real estate investments? This was one of the questions we tried to answer at the International Real Estate Expo 2024 organised by Ivana Brdarska and Armin Khani which was recently held at the Grandior Hotel Prague. In the panel in which I had the honor to represent ONE FAMILY OFFICE and in which Stefan Janke from austrian multi-family office KRONOS Advisory was also present with me (together with amazing host Michala Hergetova), we discussed, among other things, the differences between austrian and czech investors, the role of real estate in the portfolios of wealthy families, and also opportunities that real estate can bring for family offices in the future. The comparison of the different approaches of more developed markets, such as the austrian one and the markets of post-communist countries in relation to real estate investments, was particularly interesting. It is obvious that in the West real estate plays a more stabilizing role and investors are much more used to investing in other asset classes such as private equity or venture capital, while in the Czech Republic and other "eastern bloc" countries real estate is still extremely popular. In my opinion, the rising price level and falling yields for real estate will lead to a similar development as it was in the West, and even conservative Czech investors will increasingly diversify their portfolios and look for more attractive returns than that provided by investing in "bricks" under normal conditions. One of the roles of a multi-family office is to provide clients with comprehensive advice in relation to their property and investment portfolio and to present them with alternative ways of expanding theit portfolios and diversifying returns. Check the link beloow for the whole recording of our discussion. #realestate #multifamilyoffice #onefamilyoffice #familyoffice #investment #realestateexpo2024 #diversification #investmentportfolio