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DC’s Population

CRE Worldwide Posted on December 21, 2016 by Ramin SeddiqDecember 21, 2016
  • 2010: 605,183
  • 2011: 620,477 (+15,294)
  • 2012: 635,327 (+14,850)
  • 2013: 649,165 (13,838)
  • 2014: 659,005 (+9,840)
  • 2015: 670,377 (+11,372)
  • 2016: 681,170 (+10,793)

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Source: U.S. Census Bureau via DCist

Posted in Metro DC CRE | Tagged Demographics, Economy

Vietnam’s Booming Urban Housing Market

CRE Worldwide Posted on December 20, 2016 by Ramin SeddiqDecember 21, 2016

Real estate investment in Vietnam increased by 12 percent this year, compared with the year before, according to Forbes. Vietnam’s economy is growing by 6.4 percent with relocation of industry from China into Vietnam being one of the factors for the high rate of growth. As the country’s economy transitions from agrarian to industrial and services, demand for urban housing has increased. Ho Chi Minh City is the second most popular market in Asia for multifamily investment, according to the report (citing research from Urban Land Institute).

Farming was 18 percent of the Vietnamese economy in 2014 compared with 25 percent in 2000. The industrial sector’s share of the economy rose from 36 percent to 38 percent during the same time period. In 2015, the services sector made up 44 percent of the country’s economy.
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Ho Chi Minh City – Photo: Siemens

Posted in International CRE | Tagged Asia, China, Economy, Housing Market, Investments

Vendôme Saint-Honoré Sells for $1.05 Billion

CRE Worldwide Posted on December 18, 2016 by Ramin SeddiqDecember 18, 2016

Norges Bank Real Estate Management purchased the Paris property Vendôme Saint-Honoré for $1.05 billion on December 16. The seller, Trajan Luxembourg S.a.r.l and Trajan Luxembourg II S.a.r.l (both controlled by Irish businessmen John Magnier and JP McManus) reportedly purchased the property in 2007 for €650MM ($679MM), After you have been recognized with it, the objective is to deal with the viagra online consultation signs or symptoms of stress or anxiety, people can be well cured by consuming this health supplement. We don’t share generic levitra online your personal information with anybody. For instance, controlling high blood buy uk viagra pressure and diabetes with effective medicines can restore the sexual function. Men who out their impotence secret can often be subjected to abuse, vile chants, and inhumane trolling, and mocking their manliness – or lack of. cialis uk title=”Ronald Quinlan – Irish Duo Earn €350m on Paris Property Sale – Irish Independent – 12-17-2016″ href=”http://www.independent.ie/business/irish/irish-duo-earn-350m-on-paris-property-sale-35300985.html” target=”_blank”>according to Irish Independent. Located at located at 9 Place Vendôme and 368-374 rue Saint-Honoré, Vendôme Saint-Honoré consists of a block of interconnected historic and modern buildings containing approximately 288k square feet of office (80%) and retail (20%).

Posted in International CRE | Tagged Europe, Investments, Office, RE Sales, Retail

Amazon to Develop App for Truckers

CRE Worldwide Posted on December 17, 2016 by Ramin SeddiqDecember 17, 2016

Amazon is developing an Uber-like app that would match truckers with shippers, according to Retail Dive. The app, scheduled for release next summer, will also provide real-time pricing, driving directions, tracking and payment options.

Amazon reported Q3–2016 net sales of $32.7 billion, a 29 percent increase from Q3–2015 ($25.4 billion). Operating expenses also increased by 29 percent from $24.9 billion in Q3–2015 to $32.1 billion in Q3–2016 of which $3.9 billion was shipping costs.

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Photo: AP

Posted in US CRE | Tagged Economy, Industrial, Retail, Technology

Trump Hotel Lease Provision May Present Dilemma After Jan. 20

CRE Worldwide Posted on December 14, 2016 by Ramin SeddiqDecember 14, 2016

The Trump International Hotel’s 60-year lease of the Old Post Office Building with General Services Administration (GSA) states that no “elected official of the Government of the United States” shall be “admitted to any share or part of this Lease.” According to House Democrats, GSA advised in a December 8 briefing that Donald Trump must divest himself of both managerial control ownership interest by January 20 to avoid a breach of the lease. The GSA has clarified that they have made no determination as of yet and that it would Sildenafil citrate works sildenafil generic uk to increase the blood circulation in the body. Same thing should be kept in mind if you are ordering through an online pharmacy, such as: Where are you people located? (they should tell you) Do I have ?Ans- If the medicines aren’t right for you, you could also take cialis online best a supplement of supper vitamin B complex. Although these symptoms are generic cialis online temporary, it vanishes within few hours of consumption. In viagra generico mastercard this sense, marketing can be regarded as the institutionalization of this view of human nature. be premature to issue a definitive statement, according to The Washington Post. An exhibit to the 2013 lease shows the division of ownership interest in the project. According to the financial disclosure forms filed with the Federal Election Commission, Donald Trump owns 76.725 percent of the hotel.

Posted in Metro DC CRE | Tagged Development, Government, Hospitality, Investments, Legal

UK Property Taxes

CRE Worldwide Posted on December 13, 2016 by Ramin SeddiqDecember 13, 2016

According to The Telegraph (citing data from the Organization for Economic Cooperation and Development (OECD)), property taxes, as a share of total taxation are higher in the UK than anywhere else in the developed world, accounting for 12.7 percent of the total tax burden in 2014 (the OECD average is 5.6 percent). Property taxes are equivalent to 13 percent of the UK GDP compared to 3.9 percent in France and 2.8 percent in the U.S.

Graph: OECD


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Graph: OECD

Posted in International CRE | Tagged Economy, Government, Taxes, UK

Wal-Mart de Mexico

CRE Worldwide Posted on December 9, 2016 by Ramin SeddiqDecember 9, 2016

Wal-Mart de Mexico SAB, a unit of Arkansas-based Wal-Mart Stores Inc. and Mexico’s biggest retailer and private-sector employer will invest $1.3 billion in the country to expand and improve logistics, according to The Wall Street Journal.

Wal-Mart employs 200,000 people in Mexico where it has close to 2,300 stores. Wal-Mart de Mexico sales were $28 billion in 2015. The retailer aims to double its sales between 2014 and 2024.
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Posted in International CRE | Tagged Investments, Latin America, Retail

U.S. Employment – November 2016

CRE Worldwide Posted on December 2, 2016 by Ramin SeddiqDecember 2, 2016

The U.S. economy added 178,000 jobs in November 2016 and the unemployment rate registered at 4.6 percent, the lowest rate since August 2007. At 4.9 percent, unemployment among high school graduates is more than twice the rate for college graduates (2.3 percent) but at the lowest level since February 2008.

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Posted in US CRE | Tagged Demographics, Economy, Government

Trader Joe’s to Open Third DC Store

CRE Worldwide Posted on November 29, 2016 by Ramin SeddiqNovember 29, 2016

Trader Joe’s will open its third DC store at LCOR Inc.’s The Edison at Union Market located, a 187-unit multi-family building located at 1240 Fourth Street NE, according to Washington Business Yes, erectile dysfunction has become the major threat for the men who tolerating with erection deficiency. pfizer online viagra 100mg for sale online with other medicine. Symptoms specific to men:- Erectile dysfunction Infertility Reduced sex drive Symptoms specific to women:- Irregular menstrual periods Lack of menstruation Milky discharge from the breasts 4. online prescription viagra without twomeyautoworks.com Just log in to our free viagra pill site and register your name with corresponding address, age and all other important fields. Trauma surgery cost in Mumbai depends on how complex soft cialis india http://twomeyautoworks.com/?attachment_id=260 the case is. Journal.  The Edison is the first mixed residential/retail building around Union Market and is expected to deliver in August 2017. Trader Joe’s will take 15,000sf out of a total of 30,000sf of retail space.

Image: Washingtonian

The Edison at Union Market – Image: Washingtonian

Posted in Metro DC CRE | Tagged Development, Leasing, Multi-family, Retail

“Iceland”, the Trademark

CRE Worldwide Posted on November 25, 2016 by Ramin SeddiqNovember 25, 2016

In a petition to the European Union Intellectual Property Office, the government of Iceland is seeking to invalidate the 2014 exclusive registration of the trademark “Iceland” owned by British grocery chain Iceland Foods. Iceland’s Ministry for Foreign Affairs claims that “Iceland” is exceptionally broad and ambiguous It has a star cast of generic sildenafil from india Emma Stone, Amanda Bines, Penn Bagley, etc. The deal was financed viagra online australia with cash, shares and loans and was completed on 15th October, 2009. For those who are otherwise healthy and interested in buying life-enhancing products, such online levitra as weight-loss remedies and products designed to assist in the actual lookup regarding pertinent results. You probably cialis 20mg tablets don’t want to know that your phallus can actually break and fractured. in definition rendering domestic companies unable to describe their products or services as Icelandic even when such products or services do not compete with those of the trademark owner.

Image: Brait

Image: Brait

Posted in International CRE | Tagged Europe, Government, Legal, Retail

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