For illustration, let’s assume a customer makes approximately 60 direct debit transactions per year – five each month, one for the rent, one for the energy bill, one for the telephone and one for the university of a child living abroad and one for the expenses of this child. If banks would charge e.g.
(slide) The global stock of commercial real estate is estimated at 31.2 trillion U.S. dollars as of 2011. About two thirds of global total stock is considered to be investable. The majority of investable stock is already invested and accounts for more than 12 trillion U.S. dollars. This part is in the primary focus of this workshop.