Business Process Outsourcing (BPO) accounts for 80-90 percent of the office space rented in the Philippines, according to South China Morning Post. This booming industry, which is fueling one of the fastest growing economies in Asia, is expected to double … Continue reading →
The top three Eastern European cities for new retail space construction are Moscow (11.14msf), Kyiv (3.81msf) and Sofia (2.23msf), according to a Q3 2012 report by Colliers International. The cities included Open up communication Erectile Dysfunction cialis rx condition can … Continue reading →
Between 2007 and 2011, total retail space in Hong Kong increased by 3.9 percent (6.2 million square feet) while total retail sales in that city grew by an annual average of 13.1 percent, according to South China Morning Post (quoting … Continue reading →
Within a few years, new accounting standards – agreed upon by FASB and IASB and aimed at increasing transparency – may require landlords and tenants to include operating leases on their balance sheets as either assets or liabilities – a … Continue reading →
Bloomberg reports that retail properties in the Netherlands generated returns of 7.6 percent last year – the highest in the Dutch commercial real estate market. Dutch pension group APG Algemene NV – the third largest pension fund in the world … Continue reading →
The Basel III rules, which take effect next year, require European banks to hold more capital against loans secured by commercial property. As a result, banks are expected to sell more commercial loans and distressed assets, according to The Wall … Continue reading →
On September 14, Indian Prime Minister Manmohan Singh’s cabinet allowed overseas retailers like Wal-Mart and Carrefour SA to take majority stakes in retail stores and minority stakes in local carriers. Singh lost the support of Trinamool Congress – his largest … Continue reading →
The Greek government intends to market 40 of its islands for lease in an effort to raise revenue, according to The Telegraph. The Hellenic Republic Asset Development Fund is charged with raising 50 billion Euros by 2020 to meet the … Continue reading →
The London Inter Bank Overnight Rate (LIBOR) is set by a panel of 18 banks that report daily estimates of what interest rate they would need to pay to borrow money for three months from other banks. The top four … Continue reading →
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 →