Research

Research

Our market-leading research capability allows us to incorporate strategic insights into every stage of the investment process.

Top-down forecasts of global markets and economies mean we can offer strategic advice to our international clients while local market forecasts and thematic recommendations help drive performance at the portfolio level.

We have an excellent team of experienced researchers, all with different areas of expertise, covering Europe, Asia and the US. Each has a substantial level of depth and breadth across the property market and, most importantly, a proven history of accuracy. Rather than follow consensus, the team try to get ahead of the pack, giving our investment teams the earliest advice possible. The team produces detailed macro and micro level forecasts on a quarterly basis whilst also updating our investment teams on changing market conditions and risks every week.

Read our latest research

 
Alice Breheny

Alice Breheny

Global Head of Research

Alice's biography
We have an experienced and fully integrated research team, which constantly strives for innovation in analysis to ensure our research and advice remains as commercially relevant as possible.
Alice Breheny

Alice Breheny

Global Head of Research

With over 18 years’ experience in property research, Alice is Head of the Global Real Estate Research team. She manages a team of several analysts devoted to researching the direct property market in Europe, the US and Asia.

+442037278122 More about Alice
Angela Goodings

Angela Goodings

Associate Director of Research

Angela is an Associate Director of Research, focussing on global retail markets. She is responsible for forecasting out of town retail property markets across the UK and Europe, and also specialises within the outlet mall sector. Angela advises fund managers on major retail acquisitions, disposals and development opportunities. She has progressed through the Research team since joining the company in 2003.

+44 (0) 20 3727 8122 More about Angela
Michael Keogh

Mike Keogh

Director of Research

As Director of Research, Michael is responsible for forecasting economic and property markets across the world, analysing long-term property trends, investment and economic cycles to project future performance and output.

+44 (0) 20 3727 8160 More about Mike
Andy Schofield

Andy Schofield

Director of Research

Andy has over 16 years of experience in real estate research. He advises fund managers on acquisitions, disposals and developments, with particular responsibility for the office sector across all markets.

+442037278203 More about Andy
Torsten Steiner

Torsten Steiner

Research Associate

Torsten delivers research on our German strategies, particularly in the office sector. He is also involved in advising German clients on cross-border investments.

+442037278248 More about Torsten
Harry Tan

Harry Tan

Head of Research, Asia-Pacific

Harry is responsible for providing strategic advice to the corporate business and clients, with respect to the Asia-Pacific market.

+6569140027 More about Harry
Haoran Wu

Haoran Wu

Research Analyst

Haoran models real estate and economic data to build global views of real estate market and forecast performance. A large part of her role is supporting the head of Asian Research as this area of the business grows.

+442037278231 More about Haoran
Stefan Wundrak

Stefan Wundrak

Head of European Research

With over 10 years’ experience in real estate research, Stefan specialises in global logistics and is regionally focused on all sectors within Italy, Germany, Austria, the Nordics and CEE markets, as well as Japan.

+442037278226 More about Stefan
Title Region Sector Author Abstract
THINK Poland: Retail - An opportunity near East? Europe Retail Torsten Steiner Poland’s dynamic consumer environment has translated into heightened activity in the retail market, from occupiers to developers and investors. In this report, Torsten Steiner (Research Analyst) discusses how the retail industry is evolving in Poland and the repercussions on these various groups.
The Langham Hall Real Estate Fund Structuring Summit 2015 Press Office Mike Sales (Head of TH Real Estate) met with leading law firms and professional services companies to discuss trends in the European real estate market.
THINK Global Logistics: The impact of global megatrends on the logistics market Industrial Stefan Wundrak In our latest research report, we consider potential impacts on the future of the logistics sector.
THINK Global: Offices Asia-Pacific
Europe
UK
US
Office Andy Schofield In our latest research report, we consider potential office market investment locations in emerging economies by 2030. Based on a realistic assessment of developing market transparency and factoring in scale and growth potential, the research concludes with a relatively short list of potential future target markets.
Popular density is critical for cities to realise advantage and avoid decline Press Office The new report from ULI and TH Real Estate highlights that well-executed densification enables cities to adapt to global imperatives and avoid falling behind competitors.
Think Global: Risk and return, the changing context of real estate returns in a globalised world Press Office In its latest research report, TH Real Estate presents a framework to understand relative real estate market risks in a global context.
THINK Europe: Retail Europe
UK
Retail Alice Breheny In our latest research report, we provide a summary of the European retail property market and explore the opportunities that the sector offers investors across the UK and the Continent.
THINK China: An overseas investor’s guide to the risk and opportunities Asia-Pacific Press Office In its latest research report, TH Real Estate provides a flavour of the real estate investment climate in China and highlights the leap in risk appetite required by overseas institutional investors seeking to penetrate the market.
THINK US: Investing in education US Multifamily residential Not too long ago, the student housing sector was considered a niche sector, dominated by mom-and-pop operators with local or regional footprints.
Think Japan: Time for reanimation? Asia-Pacific Stefan Wundrak Stefan Wundrak investigates Japan’s investability for long-term real estate investors from a demographic point of view.

We have adopted an innovative, two–pronged approach to top-down analysis, capturing both structural megatrends and tactical real estate fundamentals, to identify "future-proof" cities. This process has involved analysing cities' data, which can be explored in the map below.

Cities analysis