Consumer preferences continue to evolve in far-reaching ways by Andrea Zander | Mar 6, 2023 In the first survey of its kind, CBRE polled more than 20,000 people worldwide last year — from baby boomers to Gen Zers — to determine how they will live, work and shop in the future and how this will impact the retail real estate sector.
Realty Income announces $1.5b sale leaseback of convenience store properties from EG Group by Andrea Zander | Mar 6, 2023 Realty Income Corp. has signed a definitive agreement to acquire up to 415 single-tenant convenience store properties located in the United States from EG Group, an independent convenience retailer based in the United Kingdom.
Palmetto closes $150m investment from TPG Rise Climate by Released | Mar 6, 2023 Palmetto, a technology-enabled, clean-energy platform, has raised $150 million to continue spurring the adoption of clean energy and access to residential solar across the United States.
San Francisco metro area pandemic recovery among worst in U.S. by Andrea Zander | Mar 3, 2023 The Bay Area Council Economic Institute, in partnership with commercial real estate services company CBRE and its Tech Insights Center, in its The Regional Economic Recovery Index, a new first-of-its-kind regional tool for tracking the Bay Area’s pandemic recovery against that of other major metropolitan areas across the country. This is the first of three reports that will track and compare the Bay Area’s progress across five key categories: jobs, people, investment, economic activity and affordability.
EPC consortium to build 1.2GW Power plant near Bridge City, Texas by Released | Mar 3, 2023 A consortium to build the Orange County Advanced Power Station (OCAPS).
Looming multifamily oversupply likely will be short-lived by Released | Mar 3, 2023 CBRE forecasts that delivery of a near-record 716,000 new multifamily housing units over the next two years will push the sector’s overall vacancy rate above equilibrium from 4.6 percent to a peak of 5.2 percent by year-end.
Global hotel construction pipeline hints of slowly trending upward by Denise Moose | Mar 3, 2023 Lodging Econometrics (LE) has released its fourth quarter 2022 Global Construction Pipeline Trend Report.
Armada ETF Advisors, Arialgo announce merger by Released | Mar 3, 2023 Armada ETF Advisors and Arialgo have plans to merge companies to deliver leading technology-driven solutions to REIT investors.
Global CBRE survey finds environmental and social features have an impact on perceived building value and transactions by Released | Mar 2, 2023 Companies are favoring environmental, social and corporate-governance (ESG) factors more heavily in their decisions on which buildings to lease or buy, with many prioritizing green-building certifications and features that reduce energy consumption or generate renewable energy.
Broad-based spending gains backstop retail sector’s favorable outlook by Andrea Zander | Mar 2, 2023 All brick-and-mortar categories record monthly increases, according to Marcus & Millichap.
Hotels on hiring spree with better wages, benefits, flexibility by Released | Mar 2, 2023 As nearly 80 percent of hotels experience staffing shortages, hoteliers are offering potential hires a host of incentives to fill vacancies.
EQT Corp. buys $3b digital infrastructure property owner by Andrea Zander | Mar 2, 2023 EQT Active Core Infrastructure Fund, managed by EQT, and Canada’s Public Sector Pension Investment Board have plans to acquire Radius Global Infrastructure in a transaction valued at a total enterprise value of approximately $3 billion.
NASCAR speedway land sells for $543m for industrial development by Andrea Zander | Mar 2, 2023 NASCAR has sold land surrounding the Auto Club Speedway in Fontana, San Bernardino County, Calif.
European ultra-wealthy recorded biggest drop in 2022 by Andrea Zander | Mar 1, 2023 Although four in 10 ultra-high-net-worth individuals (UHNWIs) saw their wealth increase in 2022, the overwhelming trend was negative.
Private market investors rethinking risk, favoring established investment partners amid uncertainty by Released | Mar 1, 2023 Respondents believe private markets are more resilient than their public market counterparts, especially in times of heightened short-term uncertainty and risk.
