Six data center real estate investment trusts are posting outsized returns this year. The sector has a market cap of $45.6 billion and year-to-date returns have totaled 13.06 percent, including a 3.01 percent dividend yield. Growth in data use and cloud computing is the driving force behind the sector’s expansion. Plus, interest rate survey data from Trepp.
Real estate developers around the world are responding to increased consumer interest in cycling and walking as preferred modes of transportation by building projects adjacent to trails, bike paths, bike-sharing stations, and other infrastructure that supports human-powered mobility, according to
Active Transportation and Real Estate: The Next Frontier, a new ULI report.
National Football League team owners in January gave their blessing to plans to return the Rams to Los Angeles after a 20-year hiatus in St. Louis. The City of Champions Revitalization Initiative, as it’s being called, is replacing Inglewood’s dated Hollywood Park racetrack with a sports-oriented, mixed-use development expected to create an immediate financial boon for the area.
The latest issue is now available for download in the Urban Land app. The cover package for this issue is titled “Philadelphia: A History of Innovation.” Other cover topics include: “Tokyo: Rising Values and Redevelopment,” “Janette Sadik-Khan: How Pedestrians Won Times Square,” and ” The New Comcast Center: A Vertical Silicon Valley.”
In an excerpt from her new book, Janette Sadik-Khan describes overseeing dramatic changes to New York’s transportation system, including building miles of bike lanes, creating public plazas across the city—and closing part of Times Square to cars.
Nate Silver, founder of the FiveThirtyEight website, is scheduled to deliver the closing keynote address at ULI’s Spring Meeting, which is being held in Philadelphia this week.
The Urban Land 40 Under 40 program first launched in 2014, recognizing and celebrating the best and brightest among real estate and land use professionals under the age of 40 from around the world. Here we take a moment and look back at three members of the inaugural class—one each from the Americas, the Asia Pacific region, and Europe.
Historian Despina Stratigakos’s book is a nuanced effort “to track an unfinished dialogue that has haunted architecture—in a cycle of acknowledging and abandoning its gender issues—for a long time,” as she writes in her introduction.
A community development corporation and a developer committed to affordability and sustainability team up to provide rental housing with top-notch energy efficiency.
A decade ago, the 2200 block of Grays Ferry Avenue, the one-third of a triangular intersection girding an inoperative 19th-century fountain, was mostly prized for the handful of parking spaces it offered. Today, the street is closed to vehicular traffic and festooned with planters, painted asphalt, café tables, and a bike-sharing station.