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Important tax credits were preserved in the new federal tax law, but lower corporate rates shrink their value.

Berlin’s landmark luxury shopping center is being refreshed at a price in the hundreds of millions and with Rem Koolhaas at the helm.

A glut of liquidity in local capital markets is making life difficult for domestic and foreign investors alike.

Public policy experts and investors wave warning flags about the world’s most expensive housing market.

Panelists at a ULI Boston event in April said that a newfound purpose for technology is emerging in multifamily segments—fostering a sense of community within the buildings and their surrounding neighborhoods.

With more than $3.6 billion in investment taking place in its downtown alone, Indianapolis has been on the radar of many out-of-state investors. At a recent ULI Indiana event, panelists described the investment appeal of secondary cities.

Restaurants and coffee-shop chains increased their lead as the most active retail category for international expansion, capitalizing on a global effort by landlords to make their shopping centers more inviting by adding more experiential, internet-proof uses, according to a new report from CBRE.

Blackstone Group’s Stephen Schwarzman built a Rhodes Scholarship–type programme at Tsinghua University.

A ULI Advisory Services panel was asked to focus on Beijing’s Qianmen East, a 56-hectare (138 ac) hutongneighborhood, consisting of interlinked communities of low-rise courtyard homes aligned in sequence along narrow alleys.

Just as a century ago, when the arrival of the personal automobile fundamentally changed our society, the advent of AVs as our main mode of transportation will trigger another shift in people’s lives. To ensure that the changes will enhance the urban experience, cities and their private sector partners need to start planning for this new world.

In April, a team of ULI members on an Advisory Services panel traveled to Miami Beach to advise the city on its preparations for sea-level rise and to brainstorm about what could be done better. The group concluded that the city has made an admirable start, including investment in a $500 million program for stormwater management, but a more comprehensive and holistic approach needs to be taken.

The following ten projects in the Asia Pacific region—all completed during the past five years—include restored headlands, contaminated canals and marshes cleaned up to serve as wildlife habitats, and a row of parking spaces revamped as a piazza.

A sea change is taking place in the way companies use office space design, amenities, and location to attract the most talented employees to their firms. Speaking at a ULI Boston event in May, panelists said that while lease flexibility is key to attracting desirable tenants, so is the user experience of the building itself.

With the Tokyo Olympics and a Rugby World Cup approaching, Japan’s real estate community is considering how major sports events and venues can drive development, looking at best practices and examples both domestic and from around the world.

Panelists at the ULI Washington Trends Conference in April said having a more diverse staff benefits the bottom line and addressed some of the ways they are trying to attract talent to the industry. “If everyone around the table looks the same, it’s hard to get outside of that box,” said Jodie McLean, chief executive officer of EDENS and a ULI trustee.

While investment volumes in commercial real estate in Hong Kong were up strongly last year, flagship office buildings and prime development sites are beyond the reach of all but a handful of players. For most investors, more interesting opportunities lie in other, less-visible parts of the market. Rather than waiting for (and possibly missing) the next correction, investors who are willing to roll up their sleeves may find opportunities away from the spotlight.

ULI Young Leaders pitch ideas for a site being developed by Swire Properties in the Star Street neighbourhood in Wan Chai, Hong Kong—an area full of heritage and historic buildings.

In April, ULI Advisory Services presented recommended redevelopment possibilities for the 24-acre (9.7 ha) site of Bloomington Hospital—a campus in Bloomington, Indiana, that will move its operations in 2020.

The District’s government, a private developer, and community activists agree on the need to preserve affordable housing. But the details sparked a multiyear battle.

In 2017, ULI Foundation Governor Bruce Etkin pledged $100,000 to support four additional district council student scholarship programs, which began at ULI Colorado, supporting undergraduate and graduate students as they launch their careers in real estate and other land use professions. The funds for the expanded program will be competitively awarded over two years to district councils to support student memberships, networking and mentorship activities, and involvement with ULI at the local level.

Business improvement districts and other stakeholders are leveraging live music performances and other activities as a draw—both to prospective commercial tenants and to residents and visitors. Participants at a recent ULI Washington panel discussed both best practices and complicating factors when adding live-performance spaces to a neighborhood.

The challenge of developing and maintaining a competitive edge is important for cities around the world. In Italy, this issue is framed by distinct pressures and challenges posed by the country’s history and strategic role in Europe. ULI has published a report analyzing the international competitiveness of Milan and Turin, two of Italy’s major cities.

JLL’s head of research for Asia Pacific chats with the chairman of Global Logistic Properties—and outgoing ULI Asia Pacific chairman.

A prime spot for development is up for bids. Will existing rules yield the mix and vitality befitting such a prominent spot?

While it is estimated that 98 percent of the Dallas/Fort Worth region’s land mass is suburban-style development requiring the day-to-day use of a car, panelists speaking at a recent ULI North Texas event say most of what has been built in the current cycle has favored walkable urban places, whether in the downtown areas or in suburban corridors.

A recent ULI Advisory Services panel, funded entirely by the ULI Foundation, provided recommendations specific to the city of Los Angeles but adaptable to other metropolitan areas.

Though best known as the chief executive officer of fast-growing online shoe and clothing business Zappos, Tony Hsieh is also leading one of the largest urban regeneration projects in the United States in downtown Las Vegas.

Detroit’s bankruptcy marked a turn in the fate of the city. Along with the economic downfall came rare opportunities for investment, creation, and collaboration.

Artists and other creative types need small, affordable places—and patient capital, Detroit experts say.

The next-generation wireless telecommunications technology known as 5G, which will operate at vastly higher speeds and be able to handle many times more devices than existing 4G networks, is likely to have significant impacts on the real estate industry, a speaker said at the 2018 ULI Spring Meeting in Detroit.