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Tag Archives: Economy

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The Rise of Branded Luxury Residences

CRE Worldwide Posted on May 25, 2025 by Ramin SeddiqMay 25, 2025

The demand for branded luxury residences is experiencing notable growth, driven by factors such as increasing wealth concentration, increasing mobility, and the rising demand and desire for luxury living experiences. Branded luxury residences are high-end private residential properties that are … Continue reading →

Posted in International CRE | Tagged Asia, Development, Economy, Hospitality, Hotels, Housing Market, Investments, Multi-family

VFOIA’s Broken Fee Structure Prices Out Many Virginians

CRE Worldwide Posted on January 21, 2025 by Ramin SeddiqFebruary 9, 2025

The Virginia Freedom of Information Act (“VFOIA”), located at § 2.2-3700 et seq. of the Code of Virginia, states in part that “[b]y enacting this chapter, the General Assembly ensures the people of the Commonwealth ready access to public records … Continue reading →

Posted in US CRE | Tagged Economy, FOIA, Government, Investments, Legal, Technology

Rappi’s Rapid Rise

CRE Worldwide Posted on October 27, 2024 by Ramin SeddiqOctober 27, 2024

“Rappi is a Latin American super-app offering a variety of digital consumer services that began with food delivery and has since expanded to provide e-commerce, travel, and banking services[,]” according to an analysis published by Contrary Research which states further … Continue reading →

Posted in International CRE | Tagged Economy, Industrial, Latin America, Retail, South America, Technology

Strip Centers Experience a Revival

CRE Worldwide Posted on October 6, 2024 by Ramin SeddiqOctober 6, 2024

According to the International Council of Shopping Centers (ICSC), a strip center is an “[a]ttached row of stores or service outlets managed as a coherent retail entity, with on-site parking usually located in front of the stores. Open canopies may … Continue reading →

Posted in US CRE | Tagged Cap Rates, Economy, Healthcare Real Estate, Investments, Leasing, Retail, Vacancy Rates

Luckin Outpaces Starbucks and Leads in China’s Burgeoning Coffee Market

CRE Worldwide Posted on May 26, 2024 by Ramin SeddiqMay 26, 2024

China’s overall coffee sales will rise at an 8.7 percent compound annual growth rate (CAGR) during the 2022–27 time period, with hot coffee outpacing sales of ready-to-drink coffee drinks, according to GlobalData. Xiamen-based Luckin Coffee Inc. (“Luckin”) has tapped into … Continue reading →

Posted in International CRE | Tagged Asia, China, Economy, Investments, Leasing, Retail

Chinese EV Maker BYD Seeking Sites for a Production Facility in Mexico

CRE Worldwide Posted on May 21, 2024 by Ramin SeddiqMay 21, 2024

Reuters reports that Chinese electric auto maker BYD is evaluating locations in Mexico for a production facility. The report cites Americas head Stella Li as stating that the plant will be built in central Mexico and will take two to … Continue reading →

Posted in International CRE | Tagged Absorption, Asia, Brazil, China, Development, Economy, Europe, Government, Industrial, Investments, Latin America, Legal, South America, Taxes, Vacancy Rates

Argentina Attempts To Overcome Perónism

CRE Worldwide Posted on December 26, 2023 by Ramin SeddiqDecember 26, 2023

Perónism has ruled Argentina for over half the time since Juan Perón’s first presidency in the 1940s. To this day, Perónists are politically powerful, particularly in the trade unions and political classes. The Justicialist Party (“PJ”) has been the largest … Continue reading →

Posted in International CRE | Tagged Absorption, Development, Economy, Government, Housing Market, Industrial, Interest Rates, Investments, Latin America, Leasing, Legal, Multi-family, Office, Pricing, Retail, South America, Vacancy Rates

Outback’s Brazil Portfolio Is Its Shining Star

CRE Worldwide Posted on September 28, 2023 by Ramin SeddiqSeptember 28, 2023

Tampa-based Outback Steakhouse has done extraordinarily well in Brazil. According to CNBC, in the first half of 2023, Brazilian sales rose by 61 percent, foot traffic increased by 42 percent and the average check increased by 19.2 percent compared with … Continue reading →

Posted in International CRE | Tagged Brazil, Demographics, Economy, Latin America, Leasing, Restaurants, Retail, South America

Nearshoring Elevates Laredo’s Prominence as a Logistics and Trade Hub

CRE Worldwide Posted on September 20, 2023 by Ramin SeddiqSeptember 20, 2023

Google/Oxford Languages defines nearshoring the “practice of transferring a business operation to a nearby country, especially in preference to a more distant one.” High shipping rates, political tension between the U.S. and China, global geopolitical uncertainty and USMCA advantages have … Continue reading →

Posted in US CRE | Tagged Canada, China, Development, Economy, Government, Industrial, Investments, Latin America, Leasing, Vacancy Rates

Study: Working Hours for the Average Worker Have Decreased Dramatically Over the Last 150 Years

CRE Worldwide Posted on September 4, 2023 by Ramin SeddiqSeptember 4, 2023

Source: https://ourworldindata.org/working-more-than-ever

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Posted in International CRE | Tagged Demographics, Development, Economy

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