The industrial sector vacancy rate declined by 21 basis points during Q3-2014 to 7.5 percent in the US and four percent in Canada, according to GlobeSt.com (citing research from Colliers International). Third quarter development Only a few people have gone … Continue reading →
Cap rates for net lease banks are at their lowest point in eight years, according to research by Calkain Companies. Net lease banks cap rates are averaging 5.93 percent so far in 2014, compared with 6.08 percent during the previous … Continue reading →
Vietnamese lawmakers have amended the law on foreign property ownership to allow foreign investment funds, foreigners with valid visas, international firms with operations in Vietnam and overseas Vietnamese to buy residential properties, according to Reuters. The law limits foreign property … Continue reading →
Moscow City (also known as Moscow International Business Center) is a 148-acre development in the Presnensky District of western Moscow (2.5 miles west of Red Square). Intended to be a financial district, Moscow City is the location of Mercury City … Continue reading →
The National Association of Realtors predictions for the CRE market in the coming year: Multi-family vacancy is expected to increase to 4.3 percent in Q4-2015 from 4 percent this quarter. Average apartment rents are expected to rise to rise by 4 … Continue reading →
According to a paper by Lisa Dettling and Melissa Kearney of the University of Maryland, short-term increases in MSA-level house prices lead to a decline in births among non-homeowners and a net increase among owners. A person suffering from impotence … Continue reading →
Detroit-based Shinola intends to open a permanent location in DC’s Midcity, according to The Washington Post. Launched by Fossil founder Tom Kartsotis, the company produces watches, journals, bicycles and leather goods, among other things with a mission to return manufacturing … Continue reading →
Since 2010, Canadian investors have purchased 1,530 commercial properties in the United States totaling $43.4 billion – four times as much as China. Canadians invested over $8 billion in the US CRE market during the first three quarters of 2014 … Continue reading →
As part of a plan to cut costs by $1 billion, Illinois-based Walgreen Co. recently gutted its real estate department and let go about 16 in-house real estate managers,
Continue reading →Commercial real estate sales totaled $97.5 billion in Q3-2014, up by 11.6 percent year-on-year, according to GlobeSt.com (citing research from Auction.com). The risk premium (Risk Adjusted Yield – Treasury Rate = Risk Premium) for most sectors remained flat save for … Continue reading →