In a volatile year, the FTSE/NAREIT All REIT Index posted a modest total return of 9.3 percent in 2016, while the S&P 500 saw a total return of 12 percent. Real estate investment trusts (REITs) enjoyed a pleasant opening to the year, followed by a skittish second half as interest rate concerns applied downward pressure.
How can raising the quality of architecture add value to real estate developments?
An area adjacent to the North Branch of the Chicago River has been selected as the study site in the 15th annual ULI Hines Student Competition.
Ten grants totaling $100,000 have been awarded to ULI district and national councils through the Institute’s Urban Innovation Grant program.
By the time the first passengers boarded Cincinnati’s streetcar in September, its advocates had already been on a wild 15-year ride that included surviving two ballot initiatives to derail the project. The Cincinnati Bell Connector—the streetcar’s formal name, thanks to that company’s ten-year, $3.4 million naming-rights deal signed in August—began clanging through Cincinnati’s streets at a time when construction continues ramping up in the city center.
Ten innovative structural designs enhance the aesthetics and functionality of buildings and bridges.
ULI life trustee Bowen H. “Buzz” McCoy shared with Urban Land some key findings and insights from the ULI/McCoy Symposium on Real Estate Finance.
According to a report by JLL, U.S. construction spending reached $317 billion in the third quarter, a one percent growth increase year-over-year, compared to 7-10 percent increases for the same quarter in previous years. “The construction industry is cyclical and a national slowdown is to be expected,” said Todd Burns, JLL president, project and development services.
ULI will hold its 2017 Spring Meeting May 2–4 at the Washington State Convention Center in Seattle. A major focus for the 2017 gathering will be innovative development resulting from the influence of the technology industry, which is transforming cities across the United States. The Seattle urban region, which is the headquarters for Microsoft, Amazon, and a host of other major technology-related companies, is a prime example of this urban evolution.
Though next year could be a tough one for investors in Chinese real estate, the country’s economy is also more entwined with that of the rest of the world than ever before, speakers said at the 2016 ULI China Mainland Winter Meeting in Shanghai.