September 30, 2011
Even through the turmoil of recent events in the Middle East and parts of North Africa has caused some instability, commercial real estate opportunities rose in those regions
September 30, 2011
General Growth Properties and Canada Pension Plan Investment Board announced a partnership to acquire Plaza Frontenac and jointly own the Saint Louis Galleria. Both properties are major malls in the Saint Louis metropolitan area.
September 30, 2011
Savanna, a real estate private equity firm based in New York, acquired 31 Penn Plaza in Manhattan for just over $130 million and intends to spend approximately $26 million on renovations.
September 30, 2011
The high tech industry job growth rate has increased four times faster than the national average since February 2010.
September 30, 2011
DTZ Research revealed statistics that show an overall decrease in capital for real estate investments.
September 30, 2011
Tishman Speyer Properties has sold a 45-story office property in downtown Chicago to Multi-Employer Property Trust for $217.5 million.
September 30, 2011
MetLife announced that it closed a $300 million loan for Bank of America Center in San Francisco and a $250 million loan for Washington Square Building in Washington, D.C.
September 30, 2011
Foreign investments in the Australian commercial real estate market have reached a level the country hasn't seen since the 1990s, according to CB Richard Ellis.
September 29, 2011
Blackstone Group is selling its stake in Shanghai's Channel 1 shopping center for $229 million to Hong Kong's New World Development, The Economic Times reports.
September 29, 2011
The Blackstone Group will buy 36 United States shopping centers from Equity One for $473.1 million. Equity announced the sale on September 26.
September 29, 2011
For Britain, 2008 was an extremely rough year, as commercial real estate prices dropped 44 percent primarily due to the United States subprime mortgage crisis, Interactive Investor reports.
September 28, 2011
Hotels in Dubai, United Arab Emirates have consistently proven to be the most valuable assets to the city's real estate market because of the influx of tourism and high occupancy rate, based on a study by Jones La LaSalle.
September 28, 2011
Parkway Properties announced the upcoming sale of 111 East Wacker Drive in Chicago, Illinois for $150.6 million.
September 27, 2011
Major real estate agencies recently made bids for a 45-story commercial retail property in Midtown, New York.
September 27, 2011
Equity Real Investment Trust Saul Centers announced the purchase of three shopping centers in metropolitan Washington, D.C. and Baltimore.
September 26, 2011
Sam Zell, a billionaire and chairman of Chicago-based Equity International, stated at a press conference that the commercial real estate market could experience a lull over the next few years.
September 26, 2011
During the first half of 2011, U.S. commercial property sales skyrocketed and were being acquired at a rate 107 percent higher than the same period last year.
September 23, 2011
A new report shows that commercial and multifamily borrowing increased for the first time in nearly two years.
September 23, 2011
European lenders are holding back from investing in commercial property loans, forcing investors to look for other methods of financing, The Wall Street Journal reports.
September 23, 2011
Moody's Investor's Service reports that for the third consecutive month, U.S. commercial real estate prices rose due to a jump in the sales of smaller properties.
September 22, 2011
Demand for shopping center developments of the United Kingdom is projected to weaken, according to Cushman & Wakefield.
September 22, 2011
CommonWealth REIT announced its plans to sell 13 suburban commercial properties for $167 million.
September 22, 2011
American Realty Capital Healthcare Trust, Inc. announced the acquisition of three properties for $60.9 million from healthcare facilities. The acquisitions increase ARC Healthcare's portfolio to $68.9 million.
September 21, 2011
The partially nationalized British bank Lloyds is looking to sell a number of commercial real estate loans.
September 21, 2011
American Spectrum Realty. a Houston-based real estate investment agency, has sold 7700 Irvine Center, also named The Yardhouse Building, for $56.5 million.
September 21, 2011
According Cushman & Wakefield, suburban commercial real estate demand has increased within major Canadian markets.
September 20, 2011
The Polish State Railways announced three plots are now up for sale in the center of Warsaw, Poland, Cushman & Wakefield reports.
September 20, 2011
Although the second quarter of 2011 showed an increase in commercial real estate sales, the activity since July has stagnated. What was initially thought of as a rebound year, may be slowly leveling off, The Economic Times reports.
September 20, 2011
Homburg Canada Real Estate Investment Trust announced an agreement to attain a 100 percent interest of 29 neighborhood shopping centers, of which 24 are leased by Jean Couto Group.
September 19, 2011
AREA Property Partners has announced the sale of 33 Arch Street in Boston, Massachusetts to TIAA-CREF for $366 million.
September 16, 2011
The greater number of industrial real estate sales over the past year may be an indication of economic recovery in the United States, The New York Times reports.
September 16, 2011
The international real estate market is still reeling from global economic stagnancy, but this allows agencies to make low-risk, high-reward investments.
September 15, 2011
The National Basketball Association's Orlando Magic announced its plans to build a $100 million complex in downtown Orlando, the Orlando Business Journal reports.
September 14, 2011
Recent statistics from Vancouver, British Columbia show that multifamily real estate investments are on the rise, according to Avison Young.
September 14, 2011
The Meridian Group has sold Three Bethesda Metro Center to Brookfield Office Properties for $150.1 million.
September 14, 2011
Korean Teachers Credit Union, The Korean Federation of Community Credit Cooperatives and Gaw Capital Partners have purchased Three First National Plaza on 70 West Madison in Chicago, Illinois for approximately $349.3 million.
September 13, 2011
Based on increasing demand, DTZ's Asia Pacific value index rose from 65 in the first quarter of 2011 to 70 in the second quarter, DTZ reports.
September 13, 2011
During the second quarter of 2011, top-level office rents rose in Europe, in what may be an immediate sign of economic revival.
September 13, 2011
The largest insurance firm in Europe, Allianz, bought 80 percent of Skyline Plaza's mall in Frankfurt, Germany.
September 12, 2011
On behalf of 600 West Chicago Associates LLC., Holliday Fenoglio Fowler announced the sale of 600 West Chicago of Chicago, Illinois.
September 12, 2011
Two multifamily properties were recently sold in Atlanta, Georgia, which may be a sign of progress in a down market, GlobeSt reports.
September 09, 2011
Ten years after the events of 9/11, the building of a new World Trade Center will assuredly create a mass of interest among businesses looking to expand their commercial real estate footprint, The Street reports.
September 09, 2011
The Goodman Group recently hosted a topping-out ceremony to celebrate Interlink, a warehouse and export development center in the Tsing Yi port district in Hong Kong.
September 08, 2011
China HGS Real Estate has announced its intentions to construct a major residential real estate property in Southern China in continuation of its Mingzhu Beiyuan Project.
September 08, 2011
The economic rollercoaster over the past couple years made it unlikely that the real estate firm Hines could follow through on a high-rise office building near Bryant Park in New York City, The New York Times Reports.
September 08, 2011
Even though location may be everything in real estate, today's economy has businesses searching for ways to cut costs and prevent layoffs.
September 07, 2011
Washington Real Estate Investment Trust recently made three commercial property sales worth more than $235 million to AREA property partners and the Adler Group.
September 06, 2011
Ten years removed from the events of 9/11, workplaces across the country are still feeling the effects, according to a study by CoreNet Global.
September 06, 2011
A recent report finds multifamily rents in Dubai are beginning to show some stability as the rate of rent declines has begun to slow.
September 06, 2011
While the current global economic situation has had an impact on the commercial real estate market as a whole, a new report says prime retail locations are continuing to see strong demand.
September 02, 2011
An update to French property tax rules is making the outlook of the market increasingly favorable, PropertyWire reports. However, it doesn't come without some critiques.
September 02, 2011
Due to a large number of lease renewals anticipated to come to the market in the next five years, landlords left with vacant space would be advised to take the opportunity to improve the energy performance of their property.
September 01, 2011
Analysts say investor demand for distressed commercial properties increased sharply during the second quarter of the year.
