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REITs fall nearly 5% in February, but are up 5% year-to-date

by Loretta Clodfelter | Mar 7, 2023

U.S. equity REITs total return fell 4.8 percent in February, according to the FTSE Nareit Equity REITs Index. On a year-to-date basis, though, REITs are still in positive territory, up nearly 5.4 percent.

Bayou Bend expands carbon-capture project onshore in Southeast Texas

by Released | Mar 6, 2023

Bayou Bend CCS, a carbon capture and sequestration project located along the Texas Gulf Coast, announced an expansion of its carbon dioxide (CO2) storage footprint through the acquisition of nearly 100,000 acres onshore in Chambers County and Jefferson County, Texas.

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.

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.

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.
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