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
Continue reading →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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
From 2012 through 2016, developers completed an average of 225,000 new apartments per year, according to National Real Estate Investor (citing data from Multifamily Housing Council (NMHC) and the National Apartment Association (NAA)). To Also, Allopathic drugs in a form … Continue reading →