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Transactions | Sep 13, 2018
Columbia Property Trust has entered into an agreement to form a joint venture with Normandy Real Estate Partners to jointly develop 799 Broadway in Manhattan’s Midtown South.
Research | Sep 13, 2018
Occupancy rates at skilled nursing facilities across the United States continue to fall in urban and rural areas, hitting a new record low of 81.7 percent in the second quarter of 2018, according to the latest quarterly data from the National Investment Center for Seniors Housing & Care (NIC).
Research | Sep 12, 2018
Asia Pacific retailers are increasingly embracing overseas expansion, accounting for nearly one-third of new entrants in the region. Between 2014 and 2017, the proportion of new APAC retailers increased from 17 percent to 30 percent. Besides food and beverages operators, mid-range fashion and beauty brands are the most active players in the region, followed by luxury retailers, according to CBRE’s “Rise of APAC Retailers 2018” report.
Transactions | Sep 12, 2018
Heitman has acquired two sites in the United Kingdom and entered into an agreement to provide forward funding for two major residential developments in Manchester city center and Liverpool, in the Baltic Triangle. It marks Heitman’s first foray into the U.K. multifamily build-to-rent market.