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Ten-X Commercial Surpasses $20 Billion Property Sales Mark

Ten-X Commercial Surpasses $20 Billion Property Sales Mark

Irvine, Ca-based Ten-X Commercial announced this week that they have handled over $20 billion in commercial real estate transactions since the platform's inception. Read More »


Chicago's Expanding Tech, Financial Jobs Driving Multifamily Sector

Chicago's Expanding Tech, Financial Jobs Driving Multifamily Sector

According to a new Yardi Matrix report indicates that Chicago is living up to its financial hub status and continues to add high-earning jobs, driving multifamily rent growth. Read More »

As Mid-term Elections Approach, U.S. Economy Builds Steam

As Mid-term Elections Approach, U.S. Economy Builds Steam

Based on Transwestern's latest edition of THE BRIEFING, the U.S. economy has continued to thrive throughout the second quarter of 2018, a theme that will continue to play heavily during midterm elections. Read More »

Multifamily Builders, Developers in U.S. Remain Positive as Demand Continues

Multifamily Builders, Developers in U.S. Remain Positive as Demand Continues

According to the National Association of Home Builders, confidence in the U.S. multifamily housing market remained positive in the first quarter of 2018. The MPI remained unchanged from last quarter, coming in at a reading of 53, while the MVI remained essentially unchanged at 42. Read More »


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Commercial Property Spotlight

Art-Topia - (Qingdao, China)

Art-Topia - (Qingdao, China)

With the National Art Museum of China's first satellite location, Art-Topia will offer visitors even more opportunities to explore their artistic impulses. Read More »


Regional Commercial Real Estate News

Last Updated June 21, 2018 8:05 AM ET

North America

Irvine, Ca-based Ten-X Commercial announced this week that they have handled over $20 billion in commercial real estate transactions since the platform's inception.

According to a new Yardi Matrix report indicates that Chicago is living up to its financial hub status and continues to add high-earning jobs, driving multifamily rent growth.

Based on Transwestern's latest edition of THE BRIEFING, the U.S. economy has continued to thrive throughout the second quarter of 2018, a theme that will continue to play heavily during midterm elections.

According to the National Association of Home Builders, confidence in the U.S. multifamily housing market remained positive in the first quarter of 2018. The MPI remained unchanged from last quarter, coming in at a reading of 53, while the MVI remained essentially unchanged at 42.

This past week the Council on Tall Buildings and Urban Habitat announced the winners of the 16th Annual CTBUH Awards Program, which competed for winning distinctions at the 2018 Tall + Urban Innovation Conference.

According to Transwestern, Miami-Dade County's office market continued to reflect near record-low vacancy in first quarter 2018, posting at 12.3 percent.

Last Updated September 29, 2017 9:03 AM ET

Latin America

The recent 7.1 magnitude earthquake that stunned Mexico City (and surrounding states of Mexico, Morelos and Puebla) is now having a strong impact on Mexico's commercial real estate market.

A vast majority of real estate investors intend to increase their property acquisitions in 2016.

London's West End is the world's most expensive office market for the third consecutive year, retaining its title ahead of runner-up Hong Kong.

The property division of Carrefour Argentina has opened Terrazas de Mayo, a new shopping centre valued at $29 million,

Money will continue to flow into real estate from across the capital markets worldwide, but investors should be increasingly concerned about getting caught late in the cycle

Fundamentals are improving across many office markets in The Americas, Asia Pacific and Europe as we head into 2015.

Last Updated May 10, 2018 8:17 AM ET

Europe

£765 million ($1.04 billion USD) of real estate transactions took place in the West End in the first quarter of 2018 compared to £2.13 billion ($2.89b USD) in Q1 2017 -- a 64 percent annual drop.

According to a new report JLL, despite trade tensions and elevated stock market volatility, investors are still seeking value in real estate with global investment in the first quarter of 2018 hitting the highest Q1 level in 10 years at $165 billion.

Investment volumes into the UK's specialist property sector have significantly increased to reach an unprecedented £17.7 billion, a 40% increase on last year, and will continue to increase.

According to JLL, Russia's real estate investments reached $728 million in Q1 2018, down 8% Year-over-Year from $792 million invested in Q1 2017.

According to the latest research from global property adviser Knight Frank, European commercial property investment hit €231.8 billion in 2017 after €80.7 billion was transacted in Q4, resulting in an 8.4 per cent increase on last year.

According to JLL, Moscow office take-up was recorded at 508,000 square meters in Q4 2017, a record high since the beginning of 2013.

Last Updated June 8, 2018 9:00 AM ET

Asia Pacific

According to JLL's latest Property Market Monitor, rents in Hong Kong's office markets grew at their fastest pace in more than two years amid a tight vacancy environment and an active leasing market.

The rise of e-commerce is expected to post significant growth and disrupt the local retail market in next few years.

According to JLL, Hong Kong remains uniquely globally-oriented within China's system of cities. The Special Autonomous Region (SAR) continues to act as a linking point between Mainland China and the world.

According to JLL's latest Property Market Monitor report, strong leasing momentum driven by tenant decentralization and sustained expansionary requirements from PRC occupiers has pushed rents up in the office market as a whole.

Cities in Asia Pacific and worldwide are getting smarter, but they must be ready for the Cyber security risks that accompany the growing adoption of tech-enabled real estate and infrastructure.

Increased interest in self-storage facilities, data centers, student accommodation, education and aged care as investors chase yield

Last Updated November 8, 2017 8:00 AM ET

Middle East and Africa Pacific

With positive government interventions to bring in more investors and diversify Bahrain's real estate market, retail remains a significant area of growth in the Kingdom's property sector.

The recently announced Emirates Towers Business Park is set to become Dubai's most defining commercial development in over 10 years.

Dubai's vision to diversify its economy further and establish itself as a thriving global business hub has accelerated business activity in a number of innovative industries, in turn spurring a new stream of demand for industrial space.

A slowing rate of decline across all sectors of the Dubai real estate market suggests increasing stability and the expectation of the market 'bottoming out' before the end of 2017, but the planned introduction of VAT on January 1, 2018 is already causing nervousness amongst existing commercial tenants.

According to international real estate consultant Cluttons, the global economic anxiety and growth slowdown across regional markets has played a significant role in the decreased demand for industrial real estate in Dubai.

According to CBRE Group, Middle East investment in the global commercial real estate sector reached nearly $10 billion in the first half of 2016.

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