Connecting you to the world of investments to help you stay ahead. Expand your investing horizons with access to experts when you need them. Listen to FidelityConnects podcasts on the go, anytime, anywhere! Also, visit www.fidelity.ca to register for live interactive webcasts. Credits [in alphabetical order]: Anonuevo, Emily, Host & Producer. Multiple Episodes. FidelityConnects. 2023. Borzykowski, Bryan. Host. Multiple Episodes. FidelityConnects. 2023. Cheropita, Kyle, Host & Producer. Multiple Episodes. FidelityConnects. 2023. Goldman, Jay. Producer & Sound Mixer. Multiple Episodes. FidelityConnects. 2023. Leal, Jeremy. Producer & Sound Mixer. Multiple Episodes. FidelityConnects. 2023. Pennington, Matthew. Producer & Sound Mixer. Multiple Episodes. FidelityConnects. 2023. Raiff, Simon. Producer & Sound Mixer. Multiple Episodes. FidelityConnects. 2023. Ritchie, Pamela. Host. Multiple Episodes. FidelityConnects. 2023. Ruiz Ibarra, Daniel. Producer & Sound Mixer. Multiple Episodes. FidelityConnects. 2023.
Episodes
Friday Sep 15, 2023
Friday Sep 15, 2023
Despite high mortgage rates, growing demand has kept both Canadian and US real estate markets competitive through the first half of 2023. After a year of resilience, Asian markets posted losses this week after concerns over China's property sectors remain top of mind. Joining the show today to discuss the current global market landscape and share what themes he is evaluating for the remainder of the year is Steve Buller, portfolio manager of the Fidelity Global Real Estate Fund. Steve tells host Pamela Ritchie about the impact he has seen China's property sector have on the global real estate market, focusing especially on the indirect correlations through GDP growth. He explains that while there's no direct contagion, a prolonged downward trend in Chinese property could indirectly impact global GDP, and, subsequently, the demand for commercial real estate. Elaborating on commercial real estate, Steve discusses the evolving dynamics of the office space, considering factors like remote work, hybrid models, and the competition posed by co-working spaces. On a related note, he also touches on alternative real estate segments, such as data centers, which are seeing increased demand due to digitization and AI. Steve also talks us through the effect of rising interest rates on real estate segments, the role of balance sheets, and the potential value of education centers within cities. Throughout the discussion, Steve emphasizes that the fundamentals of real estate, including demand and supply dynamics, remain strong despite challenges and interest rate fluctuations.
Recorded on August 18, 2023
At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.
For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.