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.
IKAV to sell half of $4b California energy producer to CPP Investments by Released | Mar 1, 2023 Canada Pension Plan Investment Board (CPP Investments) will partner with international asset management group IKAV to acquire California energy producer Aera Energy.
Global demand for high-quality office space keeps prime rents stable by Released | Mar 1, 2023 Global prime office rents generally remained stable in fourth quarter 2022, according to CBRE.
Apartment sector fundamentals appear well positioned, despite recent moderation by Loretta Clodfelter | Mar 1, 2023 The multifamily sector has been one of the strongest property types in the post-pandemic era, though it showed some signs of moderating in 2022 compared with 2021.
Investcorp raises more than $1.2b for inaugural North America private equity fund by Released | Feb 28, 2023 Investcorp has held a final closing.
Available Power, Linxon unveil strategic partnership with 1GW battery energy storage project pipeline by Released | Feb 28, 2023 Available Power inxon, a joint venture of SNC-Lavalin and Hitachi Energy, announced a strategic partnership to scale the North American energy storage market.