Going Global
Real estate investments with international assets are an important component of portfolio diversification because they are positioned to take advantage of growing economies in other parts of the world. Behringer Harvard’s new office located in Hamburg, Germany, is managed by a seasoned staff with more than 40 years of investment experience in Europe.
Behringer Harvard has established criteria for international investments that include the following:
- Assets are targeted in countries with favorable, transparent tax laws to the U.S. investor for the greatest tax efficiency possible.
- Assets are in developed and emerging markets in countries with stable growth opportunities.
- Assets are in countries with stable geopolitical characteristics.
- Acquisitions are in strategic locations, such as central business districts or in proximity to major transportation hubs or thoroughfares.
- Assets are in areas that align with the investment program's investment strategy and goals for income or appreciation.
Investor Benefits of Globalization:
- Greater portfolio diversification by leveraging opportunity in more and varied markets.
- While investing in solid real estate assets, the investor also participates in globalization. Globalization is expected to be the way of world commerce into the future.
- International investments often do not correlate to other types of investments.
Behringer Harvard acquires assets that meet strict requirements for expected appreciation, enhancement, or repositioning. Behringer Harvard examines international markets and acquires assets with a unique operational plan and strategic role within its family of investment programs.
Foreign real estate investment entails certain specific risks, including changes in currency rates, adverse political or economic developments, lack of uniform accounting standards, and changes in foreign laws.