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Research | Jan 2, 2018
The Washington, D.C., metropolitan region posted another year of strong job growth, adding over 54,000 net new jobs year-over-year, 50 percent above the historical average, according to Cushman & Wakefield. The regional unemployment rate remains one of the strongest in the country among major metro areas sitting at 3.6 percent, 50 basis points below the national average.
Transactions | Dec 29, 2017
Gazit Brasil, a subsidiary of Gazit-Globe, has entered into a binding agreement to acquire 70 percent in a 829,000-square-foot shopping mall in the northern part of metropolitan São Paulo, for R$937 million ($281 million).
Investors | Dec 28, 2017
Summit Industrial Income REIT has entered into a joint venture partnership with Urbacon Montreal Limited Partnership to develop, own and operate high-yielding, state-of-the-art digital data centers in key markets across Canada.
Research | Dec 27, 2017
Net office space leasing fell by 7 percent to 30.57 million square feet in India’s top eight cities during 2017 on lower supply and concerns about protectionist policies of some countries at the beginning of the year, according to Cushman & Wakefield.