José Pellicer, Founder Partner of Evonite – De-Globalisation, Contrarian Bets & The Next Decade of Real Estate

What happens when the global order that shaped real estate for decades begins to fracture?

This week, I sat down with José Pellicer, Founder Partner at Evonite, to unpack how de-globalisation, contrarian bets, and a smarter approach to thematics will shape the winners of the next 5–10 years.

José brings a sharp, historically grounded perspective on risk pricing, macro shifts, and how to identify real opportunities in a noisy market. From railway mania in the 1840s to data centres today, he explains why blindly following themes isn't enough — and where nimble managers can still find edge.

We explore how the investment landscape is changing, who stands to win, and the mindset required to build conviction in a fragmented world.

⸻

Key Topics Covered In This Episode:

✅ De-Globalisation — The end of the "safe seas" era and why it matters for real estate

✅ The Next Decade — Who wins as global power dynamics shift

✅ Thematics vs Bottom-Up — Why real opportunities aren't found by following the herd

✅ Contrarian Bets — Where pricing risk correctly can create outsized returns

✅ Blackstone & Bad Emperors — Lessons from history and market cycles

✅ Opportunity for Real Estate — How nimble managers can thrive in polarised markets

⸻

Oh, and one last thing…

In every episode, I ask each guest: Who are the People, what Property, and which Place they would invest in if they had £500m at their disposal?

José's answer did not disappoint 👌

Got any thoughts or questions about this podcast? Drop them in the comments — I'm always up for a chat!

And if you're enjoying what I'm putting out, don't forget to hit subscribe and turn on the notification bell so you never miss an episode.

The People Property Place Podcast is powered by Rockbourne – Recruiting Leadership & Future Leadership hires for Real Estate Funds, Owners, Investors & Developers.

🔊 LIKE ➡ SHARE ➡ SUBSCRIBE

👉 http://peoplepropertyplace.com/