Middle East and Africa Commercial Real Estate News
Middle East and Africa Commercial
Global Cross Border Property Investment Explodes 60 Percent in Late 2021
According to new research by property consultant CBRE, following a pandemic-induced lull, cross-regional global capital flows to the Asia-Pacific region (APAC), North America and Europe jumped 60% year-over-year in H2 2021 to a record $77.5 billion.
Commercial Property Investors Worldwide Rethink the Value of Going Green
Expectations for new buildings - from amenities to environmental footprint - have increased significantly in recent years, reports global property consultant JLL. Sustainability continues to move up the corporate priority list and investors are rethinking value, making the threat of a "brown discount" more real than ever.
Global Commercial Investment Returns with a Vengeance in 2021
According to global property consultant CBRE, with vaccinations ramping up and economies reopening worldwide, global commercial real estate investment volume grew by 98% year-over-year to $260.4 billion in Q2 2021.
Exploding Global E-commerce Growth Requires 1.5 Billion Square Feet of New Distribution Space
With e-commerce penetration expected to grow to 26 percent of all retail sales by 2025, the U.S. will need an additional 330 million sq. ft. of distribution space just to handle the increase in online ordering in that timeframe.
