Looking ahead to 2023, the global economy continues to face many challenges and threats, from the lingering effects of the COVID-19 pandemic to high inflation and rising interest rates, to geopolitical tensions and the dangers of a global recession. Loretta Clodfelter, senior editor of Institutional Real Estate Americas, recently asked a collection of industry experts […]
Competition in the industrial market has been robust through the first half of the year, with fundamentals across the board continuing to break records as the construction pipelines grow. JLL’s second-quarter United States Industrial Outlook notes much of the tenant movement is due to the influx of inventories being delivered following the supply-chain crisis earlier […]
As most real estate markets are either in or heading for a downturn, all eyes are focused on the capital markets. After all, capital markets move first. But that gets everyone thinking each downturn is the same. They’re not; each downturn is unique in its own way. And that speaks to the opportunity sets that […]
Inflation has turned out to be far stickier than many initially thought and soared to a 40-year high in June 2022. To combat inflation, the Federal Reserve has raised interest rates, including a 75 basis point rate hike in June — the highest increase since 1994 — with additional 75 basis point bumps in July […]
Global economic losses from natural catastrophes such as floods, hurricanes and wildfires reached $270 billion in 2021, according to an annual report published by reinsurance giant Swiss Re. Though less than half of those losses ($111 billion) were actually insured, the figure equaled the fourth-largest payout since the Swiss Re Institute, the insurer’s research arm, […]
The full scope of the REIT sector’s contribution to global carbon emissions has not been fully quantified, which could affect the valuation of listed REITs that aren’t keeping pace with recent advancements in emissions reduction programs. In addition, the World Business Council for Sustainable Development’s Greenhouse Gas (GHG) Protocol Initiative definitions do not translate well […]
Where do we go? That’s the question paramount on many institutional investors’ minds these days. Oil and related energy costs may have peaked, signaling a potential end to the latest inflation cycle. The economy has been slowing but still appears to remain relatively strong and sustainable. But the massive U.S. federal debt that has been […]
With many Americans delaying homeownership — given low supply, high pricing and rising interest rates — that has in turn created a growing demand for rental housing. This is contributing to rising rents and presenting opportunity for investors to capitalize on the abundance of new renters, increased competition and demand that is outpacing supply, says […]
September’s rising inflation and solid job gains will keep pressure on the Federal Reserve to maintain its course, with additional increases in the target federal funds rate. The Consumer Price Index rose 0.4 percent in September, according to the Bureau of Labor Statistics, and was up 8.2 percent year-over-year. In addition, the U.S. economy added […]
A majority of U.S. CEOs are confident about growth over the next three years and the resilience of their companies in the near term, as they have been preparing for a recession by implementing new strategies to drive efficiency and expansion, according to the KPMG 2022 U.S. CEO Outlook, which features insights from more than […]