Tag: real estate



International Investment Hot Spots for 2013

Posted on 13 January, 2013 by Jodee Redmond under Industry News

The majority of respondents to a survey conducted by the Association of Foreign Investors in Real Estate (AFIRE) have indicated they would prefer to buy property in the United States this year. Turkey is expected to be another hot spot in 2013, while... Read More

Fall in UK Commercial Property Values Expected to Halt in 2013

Posted on 10 January, 2013 by Neil Bird under Industry News

The downward trend in UK commercial property values will bottom out this year according to Deloitte. Although the market will show little sign of improvement until later in the year, 2013 is expected to mark the beginnings of the long awaited... Read More

California Commercial Real Estate Market Showing Signs of Recovery

Posted on 8 January, 2013 by Jodee Redmond under Worldwide Property News

California's commercial real estate market, which has been feeling the pinch from high vacancy rates and low rents, now appears to have turned the corner and is moving towards recovery. Large institutional investors coming into the market have played a... Read More

Opportunities in all US Commercial Property Sectors in 2013

Posted on 5 January, 2013 by Jodee Redmond under Worldwide Property News

According to the fourth quarter PwC Real Estate Investor Survey, US commercial real estate offers a number of opportunities for investors across all sectors. Investors in the office sector are prepared to accept slower growth and are less apprehensive about... Read More

Canadian Market Will Get REITs Boost in 2013

Posted on 2 January, 2013 by Jodee Redmond under Worldwide Property News

A new report released by CB Richard Ellis Canada predicts that Real Estate Investment Trusts (REITs) will drive demand for commercial property this year. Pension funds and foreign buyers will also be responsible boosting the market in 2013. Alberta is... Read More

Carey Watermark Acquires Major San Diego Hotel

Posted on 26 December, 2012 by Jodee Redmond under Worldwide Property News

Carey Watermark Investors, a US Real Estate Investment Trust (REIT), has acquired the Courtyard San Diego Mission Valley Hotel for $85 million. The deal was brokered by Jones Lang LaSalle Inc.'s managing director John Strauss. The company's senior vice... Read More

Sacramento Enjoys End of Year Real Estate Rush

Posted on 24 December, 2012 by Jodee Redmond under Worldwide Property News

Sacramento's commercial real estate market has seen increased activity as 2012 draws to a close. The push is on to complete transactions before possible tax hikes come into effect in 2013.Valerie Baldo, president of Placer Title, has commented that her... Read More

Norway to Invest in US Real Estate

Posted on 7 December, 2012 by Jodee Redmond under Worldwide Property News

Norway's sovereign wealth fund is planning to invest approximately $11 billion in the U.S. real estate market. The fund will eventually put a full five per cent of its assets into commercial property. Yngve Slyngstad, chief executive officer of... Read More

US Commercial Investors Show Caution

Posted on 5 December, 2012 by Jodee Redmond under Worldwide Property News

US commercial real estate investors are responding to higher risks by being more cautious about the amount of money they are borrowing. They are also being realistic about the returns they expect on investments. Buyers have benefitted from the Federal... Read More

US Commercial Real Estate Recovery Possible in Late 2013

Posted on 2 December, 2012 by Jodee Redmond under Worldwide Property News

Economic uncertainty continues to have an impact on US corporate decision-making and, consequently, on the commercial real estate market. This is likely to remain the case until the latter part of 2013, according to a report released by Jones Lang... Read More