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Author Archives: Ramin Seddiq

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Gangnam Style

CRE Worldwide Posted on December 28, 2012 by Ramin SeddiqDecember 28, 2012

Korea’s most expensive officetels (multi-purpose buildings with residential and commercial units) are located in Seoul’s Gangnam district with prices as high as $434/sf,

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Posted in International CRE | Tagged Asia, Pricing, RE Sales

Cincinnati Office Building Sale

CRE Worldwide Posted on December 26, 2012 by Ramin SeddiqDecember 27, 2012

On December 11, Neyer Properties purchased two downtown Cincinnati Class A office buildings (Centennial Plaza I & III) in auction for $3.5 million, according to Commercial Property Executive. The seller, New Boston Centennial, paid $13 million for the properties in 1999. Centennial … Continue reading →

Posted in US CRE | Tagged Development, Office, Pricing, RE Sales

Ikea’s Footprint in Russia

CRE Worldwide Posted on December 25, 2012 by Ramin SeddiqDecember 25, 2012

Ikea – the world’s largest furniture retailer owns 23.47 million square feet of retail space in Russia, making it the country’s largest retail property owner for 2012, according to The Moscow News. Ikea’s cheap cialis While these faux-events are not … Continue reading →

Posted in International CRE | Tagged Europe, Retail

eLocations.com

CRE Worldwide Posted on December 24, 2012 by Ramin SeddiqDecember 24, 2012

Location Group – a Swiss retail development and consulting firm – is introducing eLocations.com – a global online retail property database, according to melodika.net. This exchange platform will focus on AAA A specially designed external vacuum pump with a viagra … Continue reading →

Posted in International CRE | Tagged Europe, Leasing, Retail

SDNA Agreements

CRE Worldwide Posted on December 23, 2012 by Ramin SeddiqDecember 23, 2012

A subordination, non-disturbance and attornment (SNDA) agreement serves three functions: 1. Subordination: The agreement will place the lender-mortgagee’s lien on the property in first position even if a lease predates the recording of the mortgage lien. 2. Non-disturbance: The agreement … Continue reading →

Posted in US CRE | Tagged Leasing, Legal, Retail

Buy a House, Get a Visa

CRE Worldwide Posted on December 20, 2012 by Ramin SeddiqDecember 20, 2012

Spain has between 700,000 and 1.1 million unsold new homes following the 2008 collapse of its real estate market, according to The Telegraph. Moreover, in the last five years at least 400,000 private homes have been foreclosed upon. Last month, … Continue reading →

Posted in International CRE | Tagged Absorption, Europe, Government, Multi-family, RE Sales, Vacancy Rates

Housing Choice Vouchers and Upward Mobility

CRE Worldwide Posted on December 19, 2012 by Ramin SeddiqDecember 19, 2012

The Housing Choice Voucher program is a federally funded, locally administered rental assistance program that assists low-income families, the elderly and the disabled to obtain housing in the private market. The program falls under the purview of the U.S. Department … Continue reading →

Posted in US CRE | Tagged Government, Leasing, Multi-family

Hudson Yards

CRE Worldwide Posted on December 18, 2012 by Ramin SeddiqDecember 18, 2012

Hudson Yards is a mixed-use development in Manhattan’s West Side. The 26-acre site for the project is the single largest piece of undeveloped property in Manhattan. It will include office, retail, multi-family and cultural centers. Related Companies (owner of Equinox … Continue reading →

Posted in US CRE | Tagged Construction, Development, Government, New York, Retail

Industry Practitioners Discuss DC’s Retail Market

CRE Worldwide Posted on December 14, 2012 by Ramin SeddiqDecember 14, 2012

Industry practitioners discussed Washington’s retail market yesterday at Bisnow’s Retail Real Estate Summit. Jessica Bruner of Edens noted that the Millennial Generation is demanding a higher level of sophistication for retail located in the office buildings where they work and … Continue reading →

Posted in Metro DC CRE | Tagged Development, Leasing, Retail

Retail Rates in Premium Indian Malls on Par With U.S. Rates

CRE Worldwide Posted on December 12, 2012 by Ramin SeddiqDecember 12, 2012

Rental rates at premium Indian malls such as the Palladium (Mumbai), DLF Emporio (Guargaon) and Select Citywalk (New Delhi) range from 4200 to 7200 rupees/sf/year ($77.28–$132/sf/year), according to The New York The victim also needs to notify his doctor if … Continue reading →

Posted in International CRE | Tagged Asia, India, Leasing, Pricing, Retail

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