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Tag Archives: Development

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Third Hotel Planned for Hong Kong Disneyland

CRE Worldwide Posted on February 17, 2014 by Ramin SeddiqFebruary 17, 2014

Hong Kong Disneyland will spend US$550 million to build a 750-room hotel, increasing the total number of hotel rooms at the resort by 75 percent. The “exotic locations” themed hotel is expected to open in 2017. The are currently two … Continue reading →

Posted in International CRE | Tagged Asia, China, Development, Government, Hotels, Multi-family

DFW Shopping Center Occupancy Rate at Highest Level in 10 Years

CRE Worldwide Posted on January 11, 2014 by Ramin SeddiqJanuary 11, 2014

The shopping center occupancy rate in the Dallas-Fort Worth area is at 90 percent – the highest number in 10 years, according to The Dallas Morning News. Net retail leasing in the DFW market added about 2.7 million square Those … Continue reading →

Posted in US CRE | Tagged Construction, Development, Retail, Vacancy Rates

Edens to Expand its Portfolio Following $1.5 Billion Investment

CRE Worldwide Posted on December 30, 2013 by Ramin SeddiqDecember 30, 2013

Retail real estate developer/owner Edens Investment Trust recently closed a $1.47 billion equity transaction that will allow the company to expand its portfolio from $4 billion to $7 billion, according to The Washington Post. Blackstone Group bought out the State … Continue reading →

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

MGM National Harbor

CRE Worldwide Posted on December 22, 2013 by Ramin SeddiqDecember 22, 2013

In a 5 to 2 vote, the Maryland Video Lottery Facility Location Commission awarded MGM Resorts International the state’s sixth and final casino license to build a $925 million casino resort at National Harbor in Prince George’s County, MD – … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Hotels, Retail

Washington Adventist Hospital Plans to Relocate to White Oak

CRE Worldwide Posted on December 15, 2013 by Ramin SeddiqDecember 15, 2013

Washington Adventist Hospital – a 252-bed acute care facility in Takoma Park, MD is making its second bid since 2006 to move to a 48-acre site which it purchased in 2007 off of Plum Orchard  Drive and Cherry Hill Road … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Healthcare Real Estate, Land, Leasing

Multifamily Rebound in Miami

CRE Worldwide Posted on December 3, 2013 by Ramin SeddiqDecember 3, 2013

Residential building permits are being issued at their fastest pace since June 2008. Recent U.S. Commerce Department data shows a 15 percent surge in multifamily permits nationwide with about one in three building permits issued this year being for the … Continue reading →

Posted in US CRE | Tagged Development, Investments, Latin America, Leasing, Multi-family, Pricing

Heightened Demand in Accra’s Commercial Property Market

CRE Worldwide Posted on December 1, 2013 by Ramin SeddiqDecember 1, 2013

Demand for commercial property is on the rise in Accra due in part to Ghana’s burgeoning oil industry. The average retail rent in Accra increased by 50 percent over the past year to about $5.60/sf, compared to $2.88/sf in Namibia … Continue reading →

Posted in International CRE | Tagged Africa, Development, Leasing, Multi-family, Office, Pricing, Retail

Office Conversions Gain Popularity in Central London

CRE Worldwide Posted on November 20, 2013 by Ramin SeddiqNovember 20, 2013

In response to rising demand, many town house office buildings in central London are being converted back into residential properties. The average cost of a home in London has increased by nine percent in the year to September and is … Continue reading →

Posted in International CRE | Tagged Development, London, Multi-family, Office, UK

George Washington University is Heavily Invested in DC Real Estate

CRE Worldwide Posted on November 17, 2013 by Ramin SeddiqNovember 17, 2013

George Washington University’s real estate investments have tripled over the past decade and appreciated by $20 million in the past year, totaling $813 million by Q3 2013, according to Hypnosis can not only deliver strategies to aid resolve the issue … Continue reading →

Posted in Metro DC CRE | Tagged Development, Investments

New Retail Project in the Bronx

CRE Worldwide Posted on November 16, 2013 by Ramin SeddiqNovember 16, 2013

The MTA is selling a 550,000sf site in the Pelham Gardens area of Bronx to a partnership of Grid Properties and Gotham Organization for $30.5 million,

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Posted in US CRE | Tagged Development, Government, Land, Leasing, Multi-family, New York, Retail

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