From: Stewart Oldfield
Sent: 11/1/2016 9:29:33 AM
To: Darlene Zong
CC: Andrew King
Subject: PM: DB REIT Researc i I
Classification: For Internal use only
Any thoughts here? Thanks
From: Richard Kahn [mailto:
Sent: Monday, October 31,
To: Andrew King
Cc: Stewart Oldfield
Subject: Re: DB REIT Research
thanks for views however we would also like investment ideas
thanks
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
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On Oct 31, 2016, at 5:15 PM, Andrew King wrote:
Richard,
I hope this message finds you well. I thought I'd send a quick note as Stew indicated that you were
interested in our views on REITs, and which REIT sub-sectors we favor in the current environment. I've
attached two DB publications which should be useful.
In the first piece (US REIT 3Q16 Earnings Preview) our colleagues from DB Markets Research provide
their outlook for REITs and their views on several REIT sectors.
In addition, I've attached the US Mid-Year Real Estate Outlook from Deutsche Asset Management. While
this report primarily focuses on private real estate, it provides a good overview of their expectations for
real estate investments moving forward, and the rationale behind their current real estate sector
weights.
We'd be glad to discuss these views with you in greater detail. Please let us know when would work
best.
Best regards,
Andrew King
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