Commercial property

  • 08.12.2020
  • 240
  • www.cnbc.com
CBRE says the US needs more warehouses to handle record returns this holiday and in years to come.

$ 70.5 billion of holiday purchases are expected to be returned this year, CBRE predicts. The surge in digital orders has created increased demand for warehouse space in the United States so...

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  • 31.08.2020
  • 1918
  • everything-for-business.com
Norway's Wealth Fund Buys Property in Paris for $473 Million

Norway’s sovereign wealth fund agreed to buy an office property in central Paris for 415.5 million euros ($473 million) as it continues to expand its global real estate holdings.

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  • 21.08.2022
  • 253
  • wsj.com
The shopping boom in Brooklyn's trendy Williamsburg neighborhood is the latest sign that remote work is helping to revitalize retail real estate in New York City's residential neighborhoods.

Retail rents are rising and vacancy rates are falling in this trendy Brooklyn neighborhood as more residents shop locally.

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  • 31.08.2020
  • 2107
  • everything-for-business.com
Real estate developer in $240 million deal to buy Philadelphia refinery

Real estate developer Hilco Redevelopment Partners has entered into a $240 million agreement to purchase the Philadelphia Energy Solutions (PES) oil refinery, which was the largest and oldes...

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  • 03.01.2021
  • 169
  • worldpropertyjournal.com
In Hong Kong, sharp drop in office rents slows down in November

According to the latest real estate survey released by JLL this week, the drop in the office rental market in Hong Kong has eased in recent months as the initial phase of the sharp rent adju...

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  • 31.08.2022
  • 177
  • wsj.com
America's Office Surplus Began Decades Before the Pandemic

Office vacancy rates are highest in older buildings such as 100 East Wisconsin Avenue in Milwaukee.

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  • 31.08.2020
  • 1235
  • everything-for-business.com
Goldman Sachs, Wellcome Trust in joint bid for Network Rail's commercial property estate

Goldman Sachs and the Wellcome Trust charity have made a joint bid to buy the commercial property portfolio of Britain’s Network Rail, a spokeswoman for the Wellcome Trust said.

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  • 31.08.2020
  • 1090
  • everything-for-business.com
All real estate costs more than $ 280 trillion - study

The aggregate value of all real estate in the world as of the end of 2017 reached a record $ 280.6 trillion, according to a study by Savills World Research.

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  • 27.07.2022
  • 140
  • wsj.com
Apartment buildings in New York will be sold for $ 1.75 billion as part of a record deal on the pandemic

The multi-family portfolio deal is a sign of strength for the city's residential market, even as rising interest rates threaten commercial deals.

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  • 17.08.2022
  • 180
  • wsj.com
The historic project of affordable housing in Miami received a second wind

Built in the 1930s and inaugurated in 1937, Liberty Square is being rebuilt as a mixed-income development.

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  • 11.09.2022
  • 170
  • wsj.com
The Sunbelt Land Boom Brings Big Profits and Big Risks

The fast-growing cities of the Solar Belt are experiencing a land rush, forcing investors, tycoons and professional athletes to rush to buy empty plots, while raising the cost of land to ne...

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  • 09.09.2022
  • 202
  • bloomberg.com
Asia's office life revives in Hong Kong and Singapore

Employees return to the office in commercial centers, per shift from remote work

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  • 29.07.2022
  • 145
  • bloomberg.com
The end of tax incentives in New York jeopardizes the construction of apartments

The provision, which allowed for tax exemptions for relevant housing projects, expired in June.

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  • 08.08.2022
  • 155
  • wsj.com
The end of tax incentives in New York jeopardizes the construction of apartments

The tax provision, which allowed exemption from tax on relevant housing projects, expired in June.

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  • 22.07.2022
  • 139
  • wsj.com
Some prices for condominiums in the Miami area are under pressure a year after the collapse of the Surfside building.

Sharply lower sales prices reflect security concerns and the prospect of valuations that could reach hundreds of thousands of dollars to bring aging buildings into line with code.

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  • 16.08.2022
  • 138
  • bloomberg.com
Germany levies household tax to spread the pain of gas surge

The German government said households would face additional annual costs of about 290 euros ($296) to pay for natural gas as the burden of Russia's compression of energy flows to Europe is...

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  • 09.07.2022
  • 215
  • everything-for-business.com
Mortgage rates fell the most since December 2008 amid growing fears of a recession

According to data released by Freddie Mac on Thursday, a 30-year fixed-rate mortgage averaged 5.3% for the week ended July 7. This is 40 basis points less than in the previous week – one ba...

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  • 31.08.2020
  • 2307
  • everything-for-business.com
China's HNA lists property assets worth $11 billion for sale: documents

Chinese conglomerate HNA Group has put up for sale property assets worth at least $11 billion, according to documents seen by Reuters, accelerating a push to cut its large debt and restructu...

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  • 03.01.2021
  • 173
  • worldpropertyjournal.com
US Commercial Mortgage Debt Worth $ 3.8 Trillion In Q3

The Association of Mortgage Bankers' latest quarterly report on commercial / multi-unit mortgages shows that the level of outstanding debt on commercial / multi-unit mortgages in the United...

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  • 22.07.2022
  • 206
  • everything-for-business.com
Hilton hotel will reopen after sale, hastening a return to Times Square

Hilton hotel will reopen after sale, hastening a return to Times Square New owners are betting on a revival of the area as tourists return to New York City. The 478-room hotel near downto...

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