The WPJ

Ecuador

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.

Despite Coronavirus, Worldwide Home Prices Uptick 5.6 Percent in 2020

International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.

Global Commercial Property Investment Fell 26 Percent in 2020

Global property consultant CBRE is reporting that worldwide commercial real estate investment increased by 84% quarter-over-quarter in Q4 to $290 billion but was down by 20% from Q4 2019.

Turkey Top Ranked Market in Latest Global House Price Index

According to Knight Frank's latest Global House Price Index for Q2, 2020, Turkey leads the annual rankings with prices up 25% year-on-year.

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