European Unrest Casts Shadow Over US Economic Growth

November 17, 2011 / Samantha Bartolata, Editor in Chief
European Unrest Casts Shadow Over US Economic Growth Employment and housing statistics indicate the state of the economy in the US is on the rise. Employment data from October shows that new applications for state unemployment benefits plummeted to their lowest point in the last seven weeks. According to the Labor Department there were 3,888,000 new claims, indicating a reduction of 5,000. Could this be the beginning to the end of the weak labor market? A CFO for one major manufacturer says economic... »

‘Recovery Continues for Logistics Real Estate’

September 12, 2011 / Elizabeth Buckley, Commercial Property Analyst
‘Recovery Continues for Logistics Real Estate’ Recovery in production, trade and inventories is gradually gaining strength as a positive net absorption globally is expected to rise to 400 million square feet next year. This was according to Prologis, Inc. (NYSE: PLD), an operator and developer of global industrial real estate, which announced the release of a research paper titled “Logistics Real Estate on Track for Continued Rebound.” The paper provides an update on the leading indicators of demand for logistics real... »

Lesser Debt Appetite Pushes Australian Real Estate Investment Trust Back to Basics

September 10, 2011 / Elizabeth Buckley, Commercial Property Analyst
Lesser Debt Appetite Pushes Australian Real Estate Investment Trust Back to Basics Commercial property firms in Australia rated by Standard & Poor’s are emerging from the global financial and economic crises with “stronger balance sheets and improved risk profiles” like many real estate investment trusts (REITs) elsewhere, according to an expert. “Over the past few years, the [real estate] sector has dramatically reduced its debt appetite, undertaken sizable equity raisings, adopted more conservative distribution policies, and reverted to ‘back to basics’ investment strategies and business models,” said... »

British Columbia Real Estate Market Dancing with the Stars Amid Economic Crisis

August 30, 2011 / Elizabeth Buckley, Commercial Property Analyst
British Columbia Real Estate Market Dancing with the Stars Amid Economic Crisis The British Columbia commercial real estate investment market has remained strong in the first half of 2011 after reaching record deal and dollar volume highs last year, according to Avison Young’s Mid-Year 2011 British Columbia Real Estate Investment Review. The semi-annual report tracks office, industrial and retail investment sales in BC greater than $5 million. The report complemented the CB Richard Ellis Special Report, which projected Latin America as an important destination for both investors... »

Strong Capital Value Growth Seen in Q2 2011

August 25, 2011 / Elizabeth Buckley, Commercial Property Analyst
Strong Capital Value Growth Seen in Q2 2011 A strong capital value growth in Asia Pacific of 24.2 percent year over year has lifted a global increase of 15.2 percent year on year during the second quarter of 2011, according to the CBRE Global Capital Value Index. “Investor preference gravitated toward prime markets and core assets during the second quarter, fueling value growth in the CBRE Office Value Index,” said Raymond Torto, CBRE’s Global Chief Economist. “In contrast, secondary and tertiary market capital... »

‘Strong’ Investment Results Await Real Estate Market Ahead

August 24, 2011 / Elizabeth Buckley, Commercial Property Analyst
‘Strong’ Investment Results Await Real Estate Market Ahead Investments in Greater Toronto Area’s (GTA) commercial real estate market has rebounded strongly from the market trough of two years ago, with solid property-market fundamentals and record sale volumes in the retail sector signaling the area is poised to achieve investment results never seen before by year-end 2011. This was according to Avison Young’s Summer 2011 Greater Toronto Area Investment Review, a semi-annual report that tracks GTA office, industrial, retail, land and multi-residential property sales... »

‘Growth and Opportunity in Commercial Real Estate Stronger in Latin America’

August 23, 2011 / Elizabeth Buckley, Commercial Property Analyst
‘Growth and Opportunity in Commercial Real Estate Stronger in Latin America’ Latin America has emerged as an important destination for both investors and corporate occupiers as commercial real estate conditions are strong in most of the region’s major markets, according to a new CB Richard Ellis Special Report, The Outlook for Latin America’s Commercial Real Estate Markets. The report, prepared by Lopez-Beltran and Asieh Mansour, CBRE’s Head of Americas Research, analyzes economic and real estate conditions in Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Panama. Meanwhile,... »

Growth Sustained by Office Rent Index in Q2 2011

August 19, 2011 / Elizabeth Buckley, Commercial Property Analyst
Growth Sustained by Office Rent Index in Q2 2011 The latest CB Richard Ellis Group, Inc. (CBRE) Global Office Rent Index showed that the office rentals have increased year over year by 7.4 percent during the second quarter of 2011, the fifth straight quarter the index has risen due to performance in Asia Pacific. “Although the global economy presented no shortage of economic headwinds during the second quarter of 2011, commercial real estate performed better globally than it did the previous quarter,” said Raymond... »

Risks in Commercial Real Estate Shaking Investors

August 10, 2011 / Elizabeth Buckley, Commercial Property Analyst
Risks in Commercial Real Estate Shaking Investors A new CB Richard Ellis Group, Inc. (CBRE) report has projected different reactions from investors who are mostly affected by the market turmoil in commercial real estate. The report called Americas Viewpoint, “US Deficits, Debt and Commercial Real Estate,” analyzes the effect on commercial real estate of the recent economic slowdown, the Standard & Poors’ downgrade of the U.S. credit rating and turmoil in the global financial markets. Asieh Mansour, CBRE’s Head of Americas Research,... »

Canada Beating US in Office Leasing Progress

August 05, 2011 / Elizabeth Buckley, Commercial Property Analyst
Canada Beating US in Office Leasing Progress Office leasing fundamentals in Canadian and U.S. markets are proceeding in their path toward recovery, with Canada outpacing the United States driven by employment growth that spurred a decrease in vacancy rates, while rates in the U.S. have stalled, relative to one year ago. These are some of the key trends noted in Avison Young’s Mid-Year 2011 Canada, U.S. Office Market Report. The annual report covers the office markets in 17 regions: Vancouver, Calgary, Edmonton,... »

Market Watch News

News for market watch includes major and recent changes in the real estate market and the economy today – sales rates, commercial real estate market’s increase and declines, and projections from real estate firms and economist in the U.S. and worldwide. It will help you make weighted decisions with good future outlook.