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NY Fed purchases building for $207 million

February 29, 2012

The Federal Reserve Bank of New York recently purchased its current commercial real estate building in New York City for approximately $207.5 million, according to an announcement.

Office space demand projected to drop significantly by 2017

February 29, 2012

CoreNet Global recently released a report showing that the average commercial real estate office space could drop to as low as 100 square feet per employee by 2017.

Busy cities have better CRE returns

February 29, 2012

A recent report from Hugh Kelly, a professor at the NYU Schack Institute of Real Estate noted that cities which do not stop typically have a more significant return on investment than those that operate during normal business hours.

Rentals key to Manhattan investments

February 29, 2012

With continued tight lending practices abounding, commercial real estate investors may benefit from getting involved in multifamily rentals in Manhattan, according to Bloomberg.

Israeli real estate market showing improvement

February 29, 2012

Commercial real estate in Israel is witnessing some significant improvements, according to a report in fDi Magazine.

Vacancy rates getting better in the U.S.

February 28, 2012

The commercial real estate industry is witnessing improved vacancy rates and this could get better as the year goes on, according to the National Association of Realtors.

Digital Realty Trust purchases Dallas-area property for $123M

February 27, 2012

Commercial real estate company Digital Realty Trust recently announced a purchase of a property in Lewisville, Texas, for close to $123 million.

Global CRE market still improving despite obstacles

February 27, 2012

A report from Cushman & Wakefield showed that the international commercial real estate industry is getting better despite economic issues affecting markets worldwide.

GGP purchases 11 Sears properties for $270M

February 24, 2012

Commercial real estate company GGP recently purchased 11 Sears "anchor pads" for approximately $270 million, according to a company announcement.

Russian office market improved in 2011

February 24, 2012

The commercial real estate office property market witnessed an improvement in Russia during 2011, and Moscow is now the fastest growing market in Europe, according to a report from Cushman & Wakefield.

UK energy standards could hurt CRE values

February 23, 2012

The valuations of many commercial real estate assets in the United Kingdom may take a hit, as 40 percent of commercial properties in the country could fail new energy standards laid out by the government, according to a report from DTZ.

CRE giant Hines to expand UK influence

February 23, 2012

Texas-based commercial real estate company Hines recently announced plans to spend as much as £1 billion (USD $1.6 billion) on properties throughout the United Kingdom, according to The Wall Street Journal.

Equity Residential increases Archstone bid

February 23, 2012

Equity Residential, a commercial real estate company owned by Sam Zell, recently increased its bid for a stake in Archstone to approximately $1.5 billion, according to Bloomberg.

Retail investment to improve in 2012

February 22, 2012

A recent report from Colliers International suggested that the retail sector of commercial real estate could be set for an improvement in 2012.

Grubb & Ellis selling off majority of assets

February 22, 2012

BCG Partners now owns a majority of the assets from Grubb & Ellis after a bankruptcy protection filing and sale from the commercial real estate advisory firm.

Healthcare Trust of America purchases Michigan office for $51.3M

February 21, 2012

A recent commercial real estate office purchase occurred in Novi, Michigan, for close to $51.3 million.

U.S. retail property has impressive 2011, high hopes for 2012

February 21, 2012

Commercial real estate investment firm Marcus & Millichap recently released a report showing that the U.S. retail property sector witnessed a strong year during 2011, and there should be much of the same in 2012.

CBRE: Many important themes in current CRE

February 21, 2012

A recent report from CBRE Econometric Advisors showed that there are some key commercial real estate trends occurring around the world in 2012.

Hong Kong retail rents higher than NYC prices not dissuading tenants

February 17, 2012

The commercial real estate retail rents in Hong Kong are now among the highest in the world due to the high tourism in the area, according to Bloomberg.

Chicago office building sold for $126M

February 17, 2012

The Civic Opera Building was recently sold by commercial real estate company Tishman Speyer Properties for approximately $126 million, according to ChicagoBusiness.com.

Russian CRE witnesses its highest investment volume ever in 2011

February 17, 2012

Commercial real estate investment in Russia witnessed a more than 200 percent increase from 2010 to 2011, according to a report from CBRE.

Dutch CRE manager fails to repay loans

February 16, 2012

Netherlands-based commercial real estate property manager Uni-Invest recently did not pay a ?602 million (USD $791 million) loan which is now due, according to Bloomberg.

Partnership to launch billion-dollar development at UK's Victoria Circle

February 16, 2012

A joint commercial real estate partnership between the Canada Pension Plan Investment Board and Land Securities Group PLC will develop Victoria Circle in London, which will cost approximately £1 billion (USD $1.57 billion).

CBRE says firms accepting risks present in emerging markets

February 16, 2012

More corporations continue to be willing to invest in emerging markets, despite the continued economic and civil issues that plagued the world during 2011, according to a study from CBRE.

Brookdale purchases $121M in senior living units

February 15, 2012

A recent purchase was completed by Brookdale Senior Living, which consisted of more than 1,000 commercial real estate property units in nine senior-oriented communities.

Owners of Empire State Building to file IPO

February 15, 2012

The Empire State Building's owners have decided to raise $1 billion through an initial public offering, and become a commercial real estate investment trust in the process, according to Bloomberg.

CRE values drop in the UK in January

February 15, 2012

January witnessed a slight decline in commercial real estate values in the United Kingdom, according to a report from IPD.

Chicago CRE property could be seized by NorthStar

February 14, 2012

The John Hancock Center, a commercial real estate building in Chicago with office, retail and residential space may be seized by NorthStar Realty Finance Corp., from its current owners, according to Bloomberg.

Banks starting to lend again for CRE in U.A.E

February 13, 2012

The United Arab Emirates is witnessing its banks increasing their confidence regarding commercial real estate lending, according to The Wall Street Journal.

JW Marriott Marquis Dubai to be tallest hotel in the world

February 13, 2012

A new hotel is set to be completed in Dubai this year, which will be the tallest building of its kind in the world.

Blackstone purchases UK CRE portfolio for $335M

February 13, 2012

Prologis, a commercial real estate company which owns property across the world, recently announced a large sale of British assets to Blackstone.

CRE boom occurs in Beijing, Asia

February 10, 2012

The Asia-Pacific region, with Beijing at the forefront, is witnessing a commercial real estate office market boom during 2011, furthering the region as a force in the industry, according to Cushman & Wakefield.

Trump to develop Washington, D.C. hotel for $200M

February 10, 2012

Donald Trump recently outbid Hyatt and other hotel companies in order to redevelop a Washington, D.C. landmark into a hotel.

Commercial real estate could be a wise investment

February 10, 2012

Despite the current uncertain future of the economy in many parts of the world, the commercial real estate industry is faring well, and it could be a good bet for investors, according to a joint report completed by the National Association of Realtors, Real Estate Research Corporation and Deloitte.

Winthrop Realty Trust purchases mortgage note for $128M

February 09, 2012

A recent announcement from Winthrop Realty Trust showed the company purchased a mortgage loan for a Chicago property as a part of a joint venture with Elad Canada.

Asian retail property could improve in 2012, says Pacific Star

February 09, 2012

Pacific Star, a commercial real estate investment company located in Asia, recently projected that the Asian retail property market could be successful in 2012.

BioMed Realty Trust to purchase $119M Boston-area property

February 09, 2012

Commercial real estate investment trust BioMed Realty recently announced its plan to purchase Boston-area Cambridge Place for approximately $119 million.

Rental increases continually improving around the world

February 08, 2012

The commercial real estate industry witnessed a strengthened amount of rental activity during the fourth quarter of 2011, according to a report from Jones Lang LaSalle.

Maturing non-bank U.S. commercial debt down in 2012

February 08, 2012

The amount of commercial real estate or multifamily debt held by investors and other non-banks which is set to mature in the United States will be lower in 2012 than it was in 2011, according to the Mortgage Bankers Association.

Commercial mortgage originations to continue rising through 2015

February 08, 2012

Commercial real estate and multifamily mortgage originations are projected to have a strong improvement in 2012, and the increases are expected to occur through 2015, according to a report from the Mortgage Bankers Association.

Boston CRE property to be developed after extended idle period

February 07, 2012

The former site of Filene's will finally be developed in the Downtown Crossing area of Boston, according to the Boston Globe.

Korean Teachers' Credit Union prepares to purchase London office building

February 07, 2012

A commercial real estate office property in London is set to be purchased by the Korean Teachers' Credit Union, according to Bloomberg.

UK CRE prices stall to end 2011

February 07, 2012

The IPD UK Quarterly Property Index showed commercial real estate in the UK struggled to finish 2011.

Knickerbocker Hotel purchased by FelCor for $115M

February 06, 2012

FelCor Lodging Trust Incorporated recently purchased a commercial real estate hotel in New York City for $115 million.

SL Green purchases Fifth Avenue location

February 06, 2012

A commercial real estate building in New York City was recently purchased with a financing plan that included a 5-year $120 million floating rate mortgage for a joint venture that includes SL Green Realty Corp. and Jeff Sutton.

New York witnesses $3.5 billion in hotel transactions last year

February 06, 2012

New York City set a record for the highest value of hotel transactions in a year during 2011, according to a report from commercial real estate analysts Jones Lang LaSalle Hotels.

London shop to pay highest retail rent in country

February 03, 2012

A luxury shoemaker is on the verge of paying the highest retail rent in the United Kingdom for a commercial real estate property, according to Reuters.

Minneapolis CRE improves slightly

February 03, 2012

The Minneapolis/St. Paul area experienced a slight improvement in its commercial real estate market in 2011, according to a report from Cushman & Wakefield/NorthMarq Real Estate Services.

Johannesburg CRE witnesses slow end to 2011

February 03, 2012

A report from commercial real estate services firm Jones Lang LaSalle showed that the office and industrial sectors in Johannesburg experienced a slightly improved end to the year.

CRE investment figures improving in Russia

February 02, 2012

Russian commercial real estate witnessed an impressive year in 2011, as total investments gained 70 percent, according to the S.A. Ricci real estate consulting company.

Office space demand drops in Washington, D.C. as spending falls

February 02, 2012

The Washington, D.C., area has witnessed a lack of demand in the office space market, according to a report from commercial real estate advisory firm Cresa.

Brandywine lists 1M sq ft of leasing deals from Q4

February 02, 2012

Commercial real estate company Brandywine Realty Trust recently announced its completion of a series of leases that equal more than one million square feet of space.

Silicon Valley CRE to continue impressive growth

February 01, 2012

The Silicon Valley area commercial real estate marketis expected to witness an improvement this year, as demand is increasing, according to the Contra Costa Times.

Asian CRE market expected to slip in 2012

February 01, 2012

Commercial real estate services firm Cushman & Wakefield recently projected that most of the CRE market in the pacific region of Asia, as well as Hong Kong will struggle in many commercial facets in 2012.

Abu Dhabi to restart many CRE projects

February 01, 2012

The government of Abu Dhabi is planning to resume a series of commercial real estate projects worth billions of dollars, according to The National.