Commercial Real Estate News
Top Commercial Real Estate News
Hong Kong Office Buildout Costs Rebound 9 Percent in 2021
According to JLL's Asia Pacific Fit-Out Cost Guide 2021/2022, Hong Kong's average cost of designing and building office workspaces has rebounded 9% year-on-year and is now back to the level prior to onset of the Covid-19 pandemic.
Despite COVID, Manhattan's Office Market Enjoys an Uptick in October
Commercial property consultant CBRE is reporting this week that Manhattan ranked third among the 12 largest cities in the country for office market recovery in October 2021, with multiple measures of demand for space showing improvement.
Black Friday Shopper Traffic Spikes at U.S. Malls and Shopping Centers
Based on a new CBRE Retail Property Management survey at 16 of the malls and large-format retail centers that it manages across the U.S. found the following regarding results from this past Thanksgiving weekend.
Despite Supply Chain Issues, Multifamily Construction Sentiment Improves
According to results from the Multifamily Market Survey released this week by the National Association of Home Builders, confidence in the market for new multifamily housing in the U.S. improved in the third quarter of 2021.
