2020 wasn't the best year for high-rise living, but here we are one year later in 2021 on the road back to "normal", ready to jump into an elevator and soar to new heights.
International property broker Knight Frank's latest Global House Price Index is reporting that urban house prices worldwide are rising at their fastest rate since 2007 and of the 150 cities they track, 43 are now registering annual price growth above 10%.
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.
According to GlobalData, Dubai's construction sector is showing early signs of a long-awaited recovery in 2021. Government-controlled real estate developers are planning new projects in response to rising property prices buoyed by the emirate's recovery from the economic impact of the COVID-19 pandemic.
According to new research by international property consultant JLL, global commercial real estate transaction volumes declined by 13% year-on-year in the first quarter of 2021.
Posted on May 10, 2021
Posted on July 10, 2020
Posted on December 06, 2019