Real Estate in Europe
I was thinking about starting my real estate company in Europe. I know it's a bit off, but I think Europe is more exotic, What do you guys think? Should I start it? Or it's only a waste of money and time?
It would heavily depend on what you are trying to do. Since there are a lot of countries, languages, and legal environments in Europe, there is no generic answer.
If English is your native language you'd probably be more comfortable in the UK and IE, initially. If you are more on the corporate side of things and want to work across the entire continent, then I'd have to speak to our REIT guys to get a feel for what's going on.
Sounds sexy and fun in theory but in practice is probably a nightmare with legal complexities, tax issues, credit risk, less liquid lending opportunities, and fragmented local markets. Better off to build an operating platform/get rich here in the US and then go live in Europe.
Why limit yourself, talk to Elon and start it on Mars.
Completely depends on what you want to do. On the developing side the EU single market is really not single at all. For investing it's a global market market as long as you are willing to pay and have the right connections. Europe can be quite old-fashioned in the sense that connections and who-knows-who are definitely important.
Do you have a strategy you think it interesting? If so I'd love to hear it.
Check out the Berlin market right now. Just heard the German MD of Hines give a solid lecture yesterday. German markets seem like they’re doing very well.
Eos inventore voluptatibus ea quia nemo non hic. Est ipsa veritatis dolore delectus tempore illo nostrum. Cupiditate ea aliquam sit dolores asperiores.
Omnis veniam sit ut qui sapiente deserunt repellendus. Consectetur hic a omnis dolore. Voluptatem vel voluptas maxime illo modi libero nihil.
Vitae quo rem quisquam labore eaque rerum laboriosam. Qui nam possimus blanditiis rerum eveniet fugiat ea. Vitae recusandae suscipit quidem nemo excepturi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...