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Author Archives: Ramin Seddiq

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CVS to Acquire Aetna

CRE Worldwide Posted on December 3, 2017 by Ramin SeddiqDecember 3, 2017

CVS Health plans to buy Aetna for $69 billion, according to The New York Times. The $207/share purchase will include $145/share in cash and the remainder in newly issued CVS stock. Therefore if you are searching for the anti-impotency solution … Continue reading →

Posted in US CRE | Tagged Government, Healthcare Real Estate, Retail

New Zealand Turns Insular

CRE Worldwide Posted on October 29, 2017 by Ramin SeddiqOctober 29, 2017

In an effort to stanch the rising cost of housing and cool pressure on existing infrastructure, New Zealand’s new coalition government intends to cut immigration and ban non-resident foreign buyers from purchasing existing homes in the country. According to the

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Posted in International CRE | Tagged Australia, Economy, Government, Housing Market, Investments, Pricing

Amazon’s New Sales Category

CRE Worldwide Posted on October 28, 2017 by Ramin SeddiqOctober 28, 2017

Seattle-based Amazon reported $1.27 billion in net sales under a new “physical stores” category on its Q3-2017 quarterly report. This number includes sales at the company’s physical bookstores and Whole Foods Market, which Amazon acquired on August 28 for $13.7 … Continue reading →

Posted in US CRE | Tagged Economy, Retail, Technology

Retail Cap Rates – Q3-2017

CRE Worldwide Posted on October 8, 2017 by Ramin SeddiqOctober 8, 2017

In Q3-2017, cap rates for retail properties decreased by 12 basis points to 6.11 percent – the lowest level for this sector since Q3-2016 when the rate was at 6.10 percent. The spread between asking and sold cap rates decreased … Continue reading →

Posted in US CRE | Tagged Cap Rates, Economy, Pricing, RE Sales, Retail

Walmart Acquires Parcel

CRE Worldwide Posted on October 4, 2017 by Ramin SeddiqOctober 4, 2017

Walmart has acquired last-mile delivery service Parcel for an undisclosed sum reported to be under $10 million, according to Retail TouchPoints. The Brooklyn-based startup, which currently operates in NYC providing Clomid) to stimulate the production of eggs viagra cialis on … Continue reading →

Posted in US CRE | Tagged Economy, New York, Retail, Technology

Trader Joe’s Expanding Further in DC

CRE Worldwide Posted on October 2, 2017 by Ramin SeddiqOctober 2, 2017

Specialty grocer Trader Joe’s is expanding further in DC. In addition to Foggy Bottom, 14th Street and Capitol Hill (which opened last Friday), the California-based retailer plans to open a fourth DC location at Union Market next year and recently … Continue reading →

Posted in Metro DC CRE | Tagged Development, Leasing, Multi-family, Retail

Positive Net Store Openings So Far in 2017

CRE Worldwide Posted on September 25, 2017 by Ramin SeddiqSeptember 25, 2017

Among chain retailers and restaurants with greater than 50 locations, net openings so far in 2017 total 4,080, according to an IHL Group report. Of this number, 1,326 are in core retail segments and 2,754 are restaurants. Grocery chains, discount … Continue reading →

Posted in US CRE | Tagged Development, Economy, Leasing, Retail

DC Council Bill Targets Diplomatic Properties

CRE Worldwide Posted on September 22, 2017 by Ramin SeddiqSeptember 22, 2017

The DC Council is considering a bill that would direct the city to prepare and make public every six months a list of dilapidated properties owned by foreign governments, according to The Washington Post. The bill aims to address citizen … Continue reading →

Posted in Metro DC CRE | Tagged Government, Legal, Taxes

Commercial Construction Index – Q3-2017

CRE Worldwide Posted on September 20, 2017 by Ramin SeddiqSeptember 20, 2017

The Q3–2017 commercial construction composite index score was 73, only slightly below the previous two quarters (76 in Q2 and 74 in Q1). The 0-100 index, based on a survey of contractors, looks at three leading indicators – backlog levels, … Continue reading →

Posted in US CRE | Tagged Construction, Development, Economy

Long & Foster Gets Bought and Buys

CRE Worldwide Posted on September 17, 2017 by Ramin SeddiqSeptember 17, 2017

HomeServices of America, an affiliate of the Warren Buffett conglomerate Berkshire Hathaway acquired the Mid-Atlantic residential brokerage house The Long & Foster Companies on September 7 for an undisclosed amount, according to The Washington Post. The acquisition includes Long & … Continue reading →

Posted in Metro DC CRE | Tagged CRE Profession, Housing Market

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