Jay Olshonsky, President of NAI Global, stated, “We are proud to be represented in Mobile and Baldwin, Alabama by NAI Peebles and Cameron. This fine firm has been recognized among commercial real estate groups for more than 10 years and is highly committed to client service and provides outstanding representation. Their team is set to deliver regional, national and international services to clients in need of this specialized service. NAI Peebles and Cameron is now connected to the world and we are pleased to have such a fine company representing us.”

“Peebles & Cameron was looking for a highly enterprise oriented, global platform that could serve the commercial and industrial communities of South Alabama as well as provide an instantly recognizable brand to the ever increasing number of European and Asian prospects seeking opportunities in this market,” said John Peebles, President of NAI Peebles and Cameron, “We look forward to leveraging these uniquely powerful resources for the benefit of our clients and customers.”

NAI Global Executive Vice President, David Blanchard, who engineered the new relationship stated, “We are pleased to align our commitment to superior service with NAI Peebles and Cameron in Mobile, Alabama. This progressive, client-driven firm stands out in its commitment to service to both customer and community. As a leading full-service commercial real estate firm, their local knowledge, coupled with the NAI global platform, will result in a more meaningful presence to service clients throughout the Greater Mobile marketplace and the world,” Blanchard added, “this team also brings real insight and skills to our NAI Gulf Coast Energy Coalition which is important to the overall region and its economy.”

NAI Peebles and Cameron aims to deliver the highest levels of skill, professionalism and market knowledge to their clients and customers in their market area.

About NAI Peebles and Cameron and NAI Global
Peebles and Cameron is one of the most sophisticated full-service commercial real estate firms along the central Gulf Coast. Founded in 2002 and headquartered in Mobile, NAI Peebles and Cameron provides a broad array of commercial real estate services, including brokerage, site selection, consulting, market feasibility studies, forecasting and tenant representation.

NAI Global is an international real estate services organization with the institutional strength of one of the world’s leading property investment companies. Our experts are strategic and innovative, working collaboratively to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble and responsive structure enabling us to efficiently deliver superior results.

About Mauro Keller Sarmiento
Mauro has a Bachelors degree from Harvard College, and an MBA from Columbia Business School. As a son of an Argentine diplomat, he has travelled extensively, has lived and worked in various countries in Europe and the Americas, and speaks five languages fluently.

Mauro’s professional career has covered diverse international postings in investment banking, consultancy and management. His experience includes four years with JP Morgan in New York and Buenos Aires, three years with McKinsey &Co. in Spain, Italy and Portugal, and three years as manager of a business unit of oil-giant Repsol-YPF developing retail services throughout most of South America.

For the last 15 years Mauro has been active in corporate services and international Investments at NAI and C&W, one of the premier commercial real estate companies in Argentina, and a senior consultant to various private firms and investors active in South America and the Iberian Peninsula. Previously he spearheaded the international expansion efforts of the Insignia Group in both Europe and Latin America. His focus has been consulting and executing real estate transactions for leading corporations and investors.

On the economy of India, Linneman said it “continues to move forward based on long-term positive demographics. However, the political climate and corruption unearthed over the past two years have made it everyone’s favorite whipping child. The government has instituted a series of reform measures intended to attract foreign capital, and put forth a recent budget focused on controlling spending, loosening entitlements, and increasing taxes, with a view toward shrinking the country’s deficit.”

“Singaporean REITs were some of the globe’s best performing stocks in 2012, a trend that should continue in 2013,” stated Dr. Linneman, “Because the Singaporean government keeps tight restrictions on real estate development, there appears to be little risk of supply outstripping demand. Demand for office and industrial space should continue, while the prices of apartments will continue their current run of consecutive annual increase.”

As recent months passed, NAI Global welcomed three new member firms in Asia and is excited to be expanding. These new members include NAI Trinitty Partners (India), NAI Malaysia and NAI Tosei Japan.

Dr. Linneman went on to explain that in 2010 and again in 2011, with the exception of Russia, the growth in US dollars exceeded that of all the BRIC countries. “But growth for the sake of growth is useless; the real reason a country grows is to improve the standard of living of its population,” Linneman explained, “From a purely economic perspective, where would a nationality-blind consumer (or investor) choose to live (invest)? Would this consumer choose Brazil, Russia, India, China, or the U.S.? If given the option, most choose America. At the end of the day, the U.S. is a better place to put dollars to work in spite of high BRIC growth rates.”

On real estate assets in Europe, Dr. Linneman remarks, “Currently, there is a lack of quality (institutional grade) real estate assets in Eastern Europe, presenting an opportunity for an investor or developer to enter the market. Over the next few years, we expect more capital to be invested in this region.”

In his 2013 Global Economic Outlook white paper, he explains, “We expect commercial real estate values to continue to rise as pension and private equity funds, banks, and asset management firms move capital into alternative investments in search of yield. The return spread between the “Gateway” and secondary markets provides an arbitrage opportunity for prime core and secondary assets. While cap rates should remain for the most part unchanged, we expect multifamily rates in most markets to experience some upward pressure.”

Many in the audience raised questions about investment activity as well as mergers and Acquisition deals. “Increased investment activity in the real estate sector will extend into the REIT industry, where we can expect to see another mega-deal in 2013,” Linneman answered, “The large M&A deals seen towards the end of 2012, such as the Avalon Bay/Equity Residential takeover of Archstone from Lehman Brothers, serves as a precursor to more consolidation in 2013. Should economic uncertainty be resolved, REITs will take advantage of low interest rates and relatively easy access to capital to execute mergers and to acquire private portfolios.”

Located in Milan, Rome and Lugano, Switzerland, NAI Italy provides a range of services including valuation and advice, brokerage and leasing, corporate solutions, development, project and construction management, asset management, market research and tenant representation.

Giovanni Smaldone, Chairman of NAI Italy, says, “Despite the current economic climate, we foresee investment opportunities appearing in a variety of sectors which will deliver excellent results in the near future. By joining NAI, we are enhancing our service offering to bring more benefits to our clients, helping them to be more profitable and make the best real estate decisions.”

Paul Danks, Managing Director Europe of NAI Global, said, “This is a positive move for the clients of NAI Global as we continue to develop and expand our services across Europe. Italy is a key market for us and Giovanni and his team has exactly the broad range of diversified financial and real estate experience that our clients are looking for as the markets begin to recover.”

About NAI Italy and NAI Global

NAI Italy draws on the extensive knowledge of a management team of three, who have been active in the Italian market for over 20 years. The company’s impressive list of clients and partners includes major banks, pension funds, local authorities, fund managers, developers as well as private clients both local and international. Its work spans the commercial, industrial and logistics, retail, hospitality leisure and entertainment, residential and second home, land and mixed-use development schemes.

NAI Global is an international real estate services organization, comprised of over 5,000 professionals in 55 countries in more than 350 offices. NAI advisors work in tandem with our global management team to ensure our clients strategically optimize their real estate assets. NAI offices complete over $45 billion in combined transactions annually and manage 300+ million square feet of commercial space.

In his latest white paper, “2013 Global Economic Outlook: Where are the risks and opportunities?”, NAI Global Chief Economist, Dr. Peter Linneman, evaluates the state of the global economy in the Unites States, Europe, Asia and Latin America.

“With the U.S. economy subject to economic martial law and our political leaders unable to achieve a consensus, one cannot expect growth faster than the current pace,” said Dr. Linneman. “A failure on the part of government to arrive at meaningful spending cuts has left an environment of uncertainty for global financial markets.”
On the European economy, Dr. Linneman notes that “The Eurozone crisis will continue to hamper growth in Western Europe, as the European Central Bank, the International Monetary Fund, and a consortium led by Germany and France continue to plug holes in an increasingly leaky ship.”
In the white paper, Dr. Linneman asks, “From a purely economic perspective, where would a nationality-blind consumer (or investor) choose to live (invest)? Would this consumer choose Brazil, Russia, India, China, or the U.S.?” Please click here to find out more by downloading “2013 Global Economic Outlook: Where are the risks and opportunities?”

“I saw NAI Global’s commitment to grow the Asia Pacific real estate sector and its unique system of generating business between its offices around the world,” said Previndran Singhe Chief Executive Officer of NAI Malaysia. “It also has technology that can track all our transactions and communications that eventually lead to a deal. It gives us a lot of access to locations worldwide. So I can now service my clients on a global basis.”

Jay Olshonsky, President of NAI Global, stated, “Kuala Lumpur, Malaysia is now connected to the world and we are pleased to have such a fine company representing us.”

NAI Global worked with CEO, Previndran Singhe, on the new partnership and added, “Zerin Properties is not the largest property agency in Kuala Lumpur, but size isn’t what matters most in our industry. It is the quality of your staff and the ability to provide customized solutions to your client’s complicated and valuable property portfolios that matter most. Zerin Properties has a highly qualified team of professionals who all came from earlier international providers with multi-disciplinary skills in corporate real estate, investments, hospitality, retail, industrial and private wealth. The team at Zerin Properties in Malaysia gives NAI Global the ability to help multi-national companies with all of their real estate strategies, acquisitions, disposals and portfolio management across Malaysia. At the same time, we can now help Malaysian investors with acquisitions in overseas markets like London, New York, Tokyo and Jakarta. As there are no boundaries these days in the capital markets, Zerin Properties now has the global resources to tap into the best property investment opportunities around the world.”

“In the long term, we see greater reach in the corporate and commercial markets with major hotel and commercial investment sales, land acquisitions and seamless advisory services for lard commercial and mixed used developments as well as appointments on several major corporate accounts,” added Singhe.

About NAI Malaysia and NAI Global (www.naiglobal.com)
NAI Malaysia is one of the largest full-service commercial real estate firms in Malaysia. Founded in the 2002 and headquartered in Kuala Lumpur, MALAYSIA, NAI Malaysia provides a broad array of commercial real estate services, including brokerage, site selection, consulting, market feasibility studies, forecasting and tenant representation.

NAI Global is an international real estate services organization with the institutional strength of one of the world’s leading property investment companies. Our experts are strategic and innovative, working collaboratively to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble and responsive structure enabling us to efficiently deliver superior results.