RealFoundations Opens European Headquarters in London; London Office Positions Real Estate Consultancy to Leverage Upcoming Changes in European Real Estate Markets.DALLAS Dallas, city (1990 pop. 1,006,877), seat of Dallas co., N Tex., on the Trinity River near the junction of its three forks; inc. 1871. The second largest Texas city, after Houston, and the eighth largest U.S. -- RealFoundations, the Dallas-based, full-service full-ser·vice adj. Associated with or offering complete service: full-service gasoline pumps; full-service banks. real estate consultancy, has announced the opening of its newest office in London London, city, Canada London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826. , England. Scott Morey leaves his post as Managing Director in Chicago to become Managing Director of European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. Operations in London. RealFoundations already provides organizational, process and technology services for leading property and real estate clients in the U.S., Europe and Asia. However, as more flexible financing fuels global investment, three specific factors prompted the decision to expand operations in London: --Legislative changes in several European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community countries allowing more dynamic property investment structures --A growing influx of international capital into European markets --Existing client demand for RealFoundations' services "Property and real estate have become a global institutional asset class, creating a unique environment for companies to focus on optimizing the performance of their investments," said Chris Shaida, RealFoundations' CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and founder. "Because our experience maps well into the needs of our European clients in the broader evolving market, we can guide them with innovative strategies to take advantage of new opportunities," he added. "Europe is the largest property and real estate market in the world", said Morey. "As the market consolidates and demands increased transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending. , property and real estate companies need to improve operations to attract both capital and customers--as well as to cost effectively position themselves for growth. RealFoundations is the firm to help them make this transition." Morey has nearly two decades of real estate experience providing strategic, organization, process and technology services to a number of leading property companies. He led RealFoundations' Chicago office for two years and also served as the company's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. liaison for European activities. Prior to RealFoundations, Morey served as Senior Vice President and Chief Information Officer for Equity Office Properties and as a Partner for Ernst & Young. About RealFoundations (www.RealFoundations.net) RealFoundations is a full-service management consultancy focused exclusively on comprehensive, creative solutions for corporate and commercial real estate. From homebuilders, owner/operators and construction to service providers and capital markets, RealFoundations offers innovative business intelligence, process analysis, improvement and solution implementation, strategic information, systems planning and integration. |
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