China Land Prices Fan Bubble Fears
August 5th, 2009Land prices are on the rise again in China, as easy credit helps reverse last year’s correction but also raises concerns of another bubble.
Property Funds Return to Deal Making
August 5th, 2009Investors are pouring money into Germany’s open-ended real-estate funds, which are flush with cash and on the prowl for acquisitions.
Retail REITs Report Positive Rent Spreads; Remain Bullish on Rent Relief Requests
August 5th, 2009Several major retail REIT’s reported second quarter results over the past two weeks, providing additional insight on current market conditions facing the nation’s institutional retail landlords. Though not unexpected, retail REIT executives were nearly…
Office and Industrial REITs Wheel and Deal With Tenants to Shore Up Occupancy
August 5th, 2009As the second-quarter earnings season draws to a close, office and industrial REITs report they expect to remain tightly focused for the balance of the year on assessing the damage to occupancy and rents wrought by the economy. At the same time, they…
REITs Wheel and Deal With Tenants to Shore Up Occupancy
August 5th, 2009As the second-quarter earnings season draws to a close, office and industrial REITs report they expect to remain tightly focused for the balance of the year on assessing the damage to occupancy and rents wrought by the economy. At the same time, they…
Takeovers & Tenancy: SPSS Soon to Be an IBMer?
August 4th, 2009Computer technology giant IBM said last week that it plans to acquire SPSS Inc., the analytics software developer, for about $50 per share. The deal, worth about $1.2 billion, is expected to close in the second half of this year.
The acquisition is…
REIT Rally Facing a Challenge
August 4th, 2009Commercial real estate likely has much further to fall, and that could snuff out a significant rally in real-estate-investment-trust stocks.
The Lease Up (Aug. 2-8): Verizon Wireless Keeps SoCal HQ in Irvine Spectrum
August 4th, 2009Editor’s Note: Expansions Relocations & Extensions is now The Lease Up. Here you will find news on companies that are bucking the trend of the recession by expanding, or taking advantage of the market by relocating. You will also find stories on businesses…
PA Budget Stalemate Threatens to Hurt Job Creation
August 3rd, 2009Pennsylvania Governor Ed Rendell said Monday that his office is providing incentives for grocery distributor ES3 LLC, to help the company expand its operations in York and create jobs. He also said that aiding such projects in the future might not be…
IN THE PIPELINE: CoStar Development and Construction News for Aug. 2-8
August 3rd, 2009In this week’s issue: A new report finds that stimulus funds aren’t saving or creating many construction jobs — at least so far. In Richmond, CA, the EIR has been released for a proposed $1.5 billion mixed-use casino-hotel project on San Francisco…
