Welcome to the CRE podcast. 100% Canadian, 100% commercial real estate. What if the global geopolitical churn is actually creating opportunities to realign your portfolio?
In this episode of the Commercial Real Estate Podcast, hosts Aaron Cameron and Adam Powadiuk are joined by Jose Pellicer, Co-Founder and Partner at Evonite, for a timely conversation on how geopolitical disruption is reshaping global property markets. As traditional economic anchors, from U.S. dollar dominance to democratic stability, face mounting pressure, Jose outlines what this uncertainty means for investors in 2025 and beyond.
He shares a resilience-focused investment thesis built around inflation protection, highlighting why necessity-based retail and food-anchored centres may outperform in a structurally inflationary environment. The discussion also tackles the growing regulatory risk in multifamily housing, where rent control and anti-“financialisation” narratives are influencing policy worldwide. Jose explains how capital is increasingly flowing toward infrastructure and real estate debt, forcing equity managers to sharpen their differentiation.
What you will learn:
- How to position real estate investments for an inflationary era
- Why regulatory risk in multifamily housing is being severely underpriced
- The “resilience and inflation protection” framework for navigating global instability
- The impact of trade restrictions, immigration controls, and capital movement
- Why German real estate investors remain trapped in valuations
- How to compete for institutional capital in real estate against alternative assets
Jose Pellicer is the Co-Founder and Partner at Evonite, an established European real estate team, and brings deep expertise in global real estate investment strategy and macro-economic analysis. With a background spanning multiple continents and previously as Managing Partner at M and G, Jose has established himself as a thought leader in identifying mispriced real estate opportunities across European, Canadian, and Asian markets.
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