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Brett Widness

Brett Widness is the managing editor of Urban Land. Previously, he worked in online editorial at the Washington Post, AARP, and AOL, now part of Yahoo!

ULI Europe has officially launched ULI Denmark, its 15th national council. Jesper Bo Hansen, head of corporate finance at Catella, will be the chair, serving a two-year term on a voluntary basis, and will be joined by an executive committee of local industry leaders.
ULI full member Christopher Coes has jointly published a multimedia essay through the Brookings Institution titled “The Great Real Estate Reset,” which cites the cyclical nature of the U.S. real estate industry as a whole and the opportunity to think differently in the year ahead given the current economic situation.
There is still time to register for ULI Europe’s flagship event, the ULI Europe Conference, taking place February 8–10, for the first time as a virtual event. Keynote speakers participating in the conference include Lord Norman Foster, founder of Foster + Partners; Carlos Moreno, associate professor at Sorbonne University Paris and a leading proponent of the 15-minute city; Peter Frankopan, professor of global history at Worcester College, Oxford University; Philippe Close, mayor of Brussels; and Ric Lewis, executive chairman of Tristan Capital.
A new publication from ULI and Singapore’s Centre for Liveable Cities calls on cities worldwide to recognize their common challenges in building climate resilience. It sets out a strategy for mobilizing individuals—whether in business, government, or civic organizations, or as residents—to act as global citizens and take steps toward making their cities more climate resilient.
The U.S. industrial real estate market finished 2020 with a remarkably strong quarter, much of its resilience hinging on the acceleration of e-commerce, according to data from Cushman & Wakefield. The fourth quarter was the strongest for absorption ever, accounting for 89.8 million square feet (83.4 million sq m).
In fall 2020, Allen Matkins and the ULI Center for Capital Markets and Real Estate held a roundtable discussion, in two parts, featuring several industry leaders. Each speaker shared insights regarding the effect that COVID-19 has had on capital markets, mainly in real estate, as well as their forecasts for the coming year.
The Villages, a retiree-focused community northwest of Orlando, in 2020 once again topped RCLCO’s listing of the 50 top-selling U.S. master-planned communities. Total new home sales among the communities were 20 percent higher in 2020 than the previous year, RCLCO reported.
Over the last 100 years, more than 4,200 buildings have been converted into office space through adaptive use across the United States, according to a report from data provider Yardi’s Commercial Search. Primarily, those conversions were from industrial space (61 percent), followed by retail (19 percent) and residential (5 percent).
Real estate investors are increasingly targeting the life sciences sector, according to JLL, a bet that the critical role it has been playing during the pandemic is set to continue.
While the success of Asia Pacific governments in containing the spread of COVID-19 has helped limit its impact on local real estate markets, concerns are growing that a correction may be in the cards next year, according to the Emerging Trends in Real Estate ® Asia Pacific 2021report. Singapore, Tokyo, and Sydney continue to rank as the top three markets for investment and development prospects in the region.
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