Population Growth in Downtown DC
Sixty-two percent of DC’s new residents over the past decade chose to live in the downtown area, according to the
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CRE Market Growth in Russia
CBRE expects the Russian commercial real estate investment market to grow to $4.5 billion in 2012, according to SA Commercial Prop News. In 2011, CRE investment transactions totaled $6.4 billion. Over 3.4 million square feet of industrial space was delivered … Continue reading →
Polish Retail Market
Close to 2.8 million square feet of retail space was delivered in Poland during the first half of 2012, according to PropertyEU. The 19 new projects include 10 new shopping centers, four extensions, three stand-alone retail warehouses and two retail … Continue reading →
August 2012 CCRSI
The CoStar Commercial Repeat Sale Indices (CCRSI) are based on 854 repeat sales in June 2012 and more than 100,000 repeat sales since 1996. The CCRSI offers the broadest measure of commercial real estate repeat sales activity. Some highlights of … Continue reading →
Distressed Commercial Property-backed Loans in Korea
A report from the Bank of Korea states that the delinquency rate on commercial property-backed loans in Korea has risen to 1.44 percent – the highest level in three years, according For those individuals who do not want to venture … Continue reading →
Rio Towers
Bulgarian real estate developer MRP International is leading a consortium that plans to develop Rio Towers – six fifty-story waterfront office buildings in Rio’s central port district, according to The Wall Street Journal. The project will add 3.47 million square … Continue reading →
Recovery in the CRE Market
The Wall Street Journal reports that a new survey expected to be released by KPMG LLP is expected to show a resurgence of caution by commercial real estate executives in regards to the recovery. The survey shows that a majority … Continue reading →
Five Factors Driving the Industrial Sector Revival
1. Strong supply and demand characteristics: National vacancy rate has declined by 90 basis points since Q1 2011 to 9.1 percent – a level last seen in 2009; Eight consecutive quarters of positive net absorption; Vacancy in the big box … Continue reading →
Investing in REITs
Since October 2011, the MSCI U.S. REIT index has gained 30 percent (excluding dividends) compared with a 22 percent gain for the Standard & Poor’s 500-stock index, according to The Wall Street Journal. The article indicates that residential REITs may … Continue reading →
Top Cities for Foreign CRE Investment
London was the top city for overseas commercial real estate buyers in the second quarter of this year, according to Bloomberg. Foreign CRE investment rose 32 percent to $8.67 billion for April through June 2012. Paris came in second with … Continue reading →