After attending a talk on the future of real estate investment management, Bull is in a reflective mood.
The pair conclude that the need for active asset management has never been so acute, especially as the real estate landscape is breaking up into different asset types, which require specialist operators.
However, the inexorable trend towards investment in operational (management-intensive) sectors will also force investment managers to adopt new models to harness operator expertise and deliver an enhanced level of customer service.
Enjoy your Bank Holiday Sunday.