China’s “Belt and Road” development strategy must become a world initiative in order to truly succeed, says Vincent Lo, chairman of Shui On Land.
As competition for the dollars of vacationers and business travelers ratchets up, hotel companies are on a never-ending search for ways to differentiate themselves. Guests are looking for uniqueness, local flavor and history, and bespoke experiences that they can capture and share instantly through social media networks, according to a panel of hotel industry experts at the recent ULI Florida Summit in Miami.
Joseph Stecher is a member of ULI and has invested in real estate globally as a principal investor at General Motors Pension Fund, Goldman Sachs, and Morgan Stanley. Today he has his own capital placement agency, Candlewood Investors, and is also a senior adviser to RealConnex, a real estate technology startup. In this opinion piece, he shares how leaders of real estate firms can develop best practices to blend technology into current business practices
Located in the Amsterdam financial and business district Zuidas, the Edge has been awarded the highest rating ever by the Building Research Establishment, the global assessor of sustainable buildings. With a combination of existing and new innovative technologies, it has set a standard for future office development that will completely change the way people work.
Juxtaposing the modern with the historic, Jing An Kerry Centre represents a new mixed-use development in the dynamic Jing An district in Shanghai. Now recognized as a signature landmark of the area, this multiuse complex features two towers, podium retail space, a hotel with 508 rooms, an event center, and office amenities.
Three new master-planned communities—two in Miami and a third in Sunrise, a west Broward County suburb that skirts the Everglades—are among the most highly anticipated real estate projects in south Florida right now as business and civic leaders gauge consumer appetite for dense, walkable, and mixed-use urban lifestyles. In a state known for sprawling, single-family subdivisions, a move toward vertical, compact communities represents a new chapter.
Even as the broader equity markets fell, real estate investment trusts posted positive returns as economic uncertainty once again took center stage. The Federal Reserve Board’s decision not to raise interest rates this month was good news for REITs in terms of keeping their cost of capital low, but also reflected some weak economic news that could mean economic growth is faltering. Plus, interest rate survey data from Trepp.
Noted urbanist and author Richard Florida opened the recent 2016 ULI Florida Summit in Miami by reminding the audience that the creative class and the industries in which it works are the single most important economic drivers in the 21st-century economy. Naturally, some cities—moreover, specific neighborhoods—are better than others at attracting the creative class, mainly by being highly compact, transit-oriented, and walkable, according to Florida’s research.
Conversations are taking place among private developers, public sector leaders, nonprofit organizations, and academic institutions in south Florida on a shared, multifaceted approach to climate change. A panel on resilience and the real estate industry at the recent ULI Florida Summit in Miami described some of these emerging partnerships, which will be necessary to adapt to the new normal of sea-level rise as well as plan and pay for more resilient communities.
Golf course operators try to shave a few strokes off their water numbers.