Panelists at the recent ULI Japan Conference in Tokyo said that even a mature market such as Japan offers significant opportunities, due to a program of public/private partnerships designed to ease the burden on the state, but a $1 trillion “infrastructure gap” exists worldwide.
Mitigating the population issues facing Japan, and further developing its cities to meet the demands of the future, were discussed by panelists at the recent ULI Japan Spring Conference in Tokyo. Takeshi Natsuno, professor at the Keio University school of media and governance, said Japan’s government should cease spending in areas without a certain density of population.
Implementation of the Affordable Care Act has driven both health care–related job growth and demand for real estate in the United States. But health care REITs are not immune from external market challenges, and they have thrived in the current low interest rate environment. Plus, interest rate survey data from Trepp.
Japan welcomed just under 20 million visitors last year and is targeting 40 million arrivals by 2020, the year Tokyo holds the Summer Olympics. ULI members attending the event at the Tokyo Midtown conference center heard that the Japanese government is having trouble keeping up with the pace of change in the tourism industry. For example, due to licensing requirements, 99 percent of Airbnb apartment owners in Japan are breaking the law.
Free public wi-fi and charging stations are being deployed through outdoor public furniture and fixtures—benches, shelters, streetlight poles, trash cans, and other common features.
Improving energy efficiency in low-income households could create a ripple effect of health, economic, and environmental benefits for individuals, families, and communities, says a new report on low-income households in 48 of the largest U.S. cities.
Speaking at the ULI Spring Meeting in Philadelphia, William McNabb, chairman and CEO of Vanguard, shares his thoughts on systemic risk for financial institutions, two-factor authentication, and what keeps him up at night.
The White House Conference on Resilient Building Codes, held recently in Washington, D.C., is expected to raise awareness of the critical need for building codes to encourage urban development that is more resilient to the impacts of climate change. The event featured a discussion by Obama administration officials and public and private sector representatives of the key role of building codes in furthering community resilience.
In choosing the title for this book, Gabe Klein, best known as the former head of the city departments of transportation in Washington, D.C., and later Chicago, refers to the entrepreneurial mentality that public sector workers can bring to government.
Located in the southwestern Chinese city of Chengdu, the Sino-Ocean Taikoo Li Chengdu project is a large-scale, retail-led development consisting of an open-plan, lane-driven retail complex; the historic Daci Temple House; a boutique hotel with 100 guest rooms and 42 serviced apartments; and Pinnacle One, a Grade A office tower.