Commercial News Edition | WORLD PROPERTY JOURNAL

A Digital Newspaper for the Global Real Estate Industry

Real Estate Investment from High Net Worth Individuals on the Rise in U.S.

Real Estate Investment from High Net Worth Individuals on the Rise in U.S.

demand for U.S. commercial real estate assets from High Net Worth Individuals (HNWI) -- those with more than $1 million in liquid assets -- rose in 2016 to $10.3 billion. This marks the highest level since 2013. Read More »


E-Commerce Growth Gives Rise to Taller Warehouses in U.S.

E-Commerce Growth Gives Rise to Taller Warehouses in U.S.

The rapid growth of e-commerce fulfillment networks in recent years has resulted in a steady increase in the height and volume of warehouses and distribution centers. Read More »

China's New Ping An Finance Center Now Fourth Tallest Building in the World

China's New Ping An Finance Center Now Fourth Tallest Building in the World

The Council on Tall Buildings and Urban Habitat (CTBUH) is pleased to announce that Ping An Finance Center is officially complete according to CTBUH criteria. Read More »

Over $1.7 Trillion of 'Dry Powder' Available for Global Property Investment in 2017

Over $1.7 Trillion of 'Dry Powder' Available for Global Property Investment in 2017

According to CBRE's new released Global Investor Intentions Survey for 2017, stronger economic growth, the availability of debt capital, and a more positive outlook from investors is expected to drive global capital flows in 2017. Read More »


Commercial Property Spotlight

Vertropolis Towers - (Riyadh, Saudi Arabia)

Vertropolis Towers - (Riyadh, Saudi Arabia)

Like a bouquet of colorful flowers blossoming among the desert dunes, the three towers of the Vertropolis complex reach toward the Riyadh sky. Read More »


Regional Commercial Real Estate News

Last Updated March 30, 2017 9:04 AM ET

North America

demand for U.S. commercial real estate assets from High Net Worth Individuals (HNWI) -- those with more than $1 million in liquid assets -- rose in 2016 to $10.3 billion. This marks the highest level since 2013.

The rapid growth of e-commerce fulfillment networks in recent years has resulted in a steady increase in the height and volume of warehouses and distribution centers.

According to CBRE's new released Global Investor Intentions Survey for 2017, stronger economic growth, the availability of debt capital, and a more positive outlook from investors is expected to drive global capital flows in 2017.

On the heels of yesterday's decision by the Federal Reserve to raise short-term interest rates by 25-basis points, yet while expected, many in the real estate industry around the world still took notice.

According to the Mortgage Bankers Association's most recent Commercial/Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans remained low in the fourth quarter of 2016.

The prospect of increased U.S. economic growth combined with less regulation, means that investor sentiment for commercial real estate investment is marginally more positive than last year.

Last Updated May 3, 2016 9:01 AM ET

Latin America

A vast majority of real estate investors intend to increase their property acquisitions in 2016.

London's West End is the world's most expensive office market for the third consecutive year, retaining its title ahead of runner-up Hong Kong.

The property division of Carrefour Argentina has opened Terrazas de Mayo, a new shopping centre valued at $29 million,

Money will continue to flow into real estate from across the capital markets worldwide, but investors should be increasingly concerned about getting caught late in the cycle

Fundamentals are improving across many office markets in The Americas, Asia Pacific and Europe as we head into 2015.

Puerto Rico's commercial real estate market continues to go through a bumpy recovery in 2014.

Last Updated March 21, 2017 9:31 AM ET

Europe

According to global real estate consultant Knight Frank, fears that London is set to lose swathes of bank jobs now look overblown, but finance has been shrinking in importance for the capital's economy and property market for some time.

According to Knight Frank's latest U.K. Regional Office Market Report, regional office investment was buoyed by overseas buyers in 2016, with international money accounting for 45% of all investment into offices across the ten U.K. cities tracked.

According to JLL, 2016 has been another strong year for office demand in Dublin, with 2.7 million square feet of office space occupied in the last 12 months across 232 deals.

The owners of London's iconic Burlington Arcade, Thor Equities and Meyer Bergman, have announced plans to sell the renowned global luxury retail destination, and have selected global property advisor CBRE to market the property.

According to analysis from Knight Frank, competition for office assets in Madrid Spain is pushing yields to record low levels. Over €1.1 billion ($1.15b USD) has been invested in Madrid in the first nine months of the year, with Knight Frank predicting investment in 2016 could total €2 billion ($2.1b USD)

According to JLL, the vacancy rate in main Moscow high-street corridors dropped by 2.8 pp to 10.2% in Q3 2016. Myasnitskaya Street and Patriarshie Prudy stayed at the top.

Last Updated March 28, 2017 9:00 AM ET

Asia Pacific

The Council on Tall Buildings and Urban Habitat (CTBUH) is pleased to announce that Ping An Finance Center is officially complete according to CTBUH criteria.

Hong Kong is the world's highest-priced office market while European office markets showed the most consistent growth in prime office rent, mostly due to a lack of supply. Belfast (up 25 percent year-over-year) led the way among the 121 cities surveyed.

Asia Pacific real estate investors will be motivated by fundamental investment objectives, including favorable yield spreads and adopting higher risk/return strategies.

Despite office leasing activity slowing around the lunar New Year holidays, the Grade-A office market still recorded a number of notable transactions in January 2017.

Asian outbound real estate investment was dominated by Chinese property investors in 2016, accounting for nearly half of total investment.

Shanghai became the top city for real estate investment in Asia Pacific in Q4 2016. Thanks to a steady stream of transactions at the end of the year.

Last Updated February 2, 2017 8:00 AM ET

Middle East and Africa Pacific

According to international real estate consultant Cluttons, the global economic anxiety and growth slowdown across regional markets has played a significant role in the decreased demand for industrial real estate in Dubai.

According to CBRE Group, Middle East investment in the global commercial real estate sector reached nearly $10 billion in the first half of 2016.

The impact of the softening global economy continues to hamper the UAE's office market as redundancies in the oil and gas, finance and banking sectors have stifled demand for office space across the emirates.

According to international real estate consultancy Cluttons, market demand for office space in Dubai has receded in the past six months.

According to international real estate consultancy Cluttons, demand in Dubai's commercial market remained buoyant in the first six months of 2016.

According to a new report from Transwestern, the Greater Boston office market -- which had a slow start to the year -- closed the second quarter in positive territory.

×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

Sign up now to receive the latest local & global real estate news in your inbox.

GO