ULI has announced the two winners of the 2021 ULI European Leadership Awards as part of its ULI Virtual Europe Conference.

According to data provider Zonda, the U.S. New Home Lot Supply Index came in at 63.5 for the third quarter of 2020, representing an 8.9 percent drop year over year. Hear more about trends in U.S. housing policy and development at the 2021 ULI Housing Opportunity Conference.

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.

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.

ULI and Hines, the international real estate firm, have announced the opening of the 2021 ULI Hines Student Competition–Europe, a team challenge for university and business school students from across the region that tests their skills in applying their knowledge of all aspects of real estate and land use in a practical case study. Said Lisette van Doorn, chief executive of ULI Europe, “Creating and sustaining thriving communities is at the heart of ULI’s mission, and to successfully achieve this it is especially important that we attract and retain the best and most diverse talent to our industry to support us in what we do.”

CBRE has released the 2021 U.S. Real Estate Market Outlook, calling for a strengthened recovery of all U.S. commercial real estate sectors as the broader economy bounces back. The outlook anticipates that sectors like office, retail, and hotels will begin a slow recovery next year.

Two new reports released by ULI highlight the state of the real estate industry’s adoption of health and social equity practices and the need for the industry to better promote those already in existence. The protests for racial justice that spread throughout the United States and beyond during the summer, along with the ongoing COVID-19 pandemic, have elevated health and social equity as focus areas for real estate practitioners.

Project REAP (Real Estate Associate Program), which has been connecting multicultural professionals to the commercial real estate industry for 22 years, is launching its first 100 percent virtual program in collaboration with the Urban Land Institute—the ULI/REAP Fall Academy 2020.

ULI Global CEO Ed Walter discusses how the Fall Meeting will proceed in a new virtual format, which promises to provide our members with a world-class experience that we hope will be talked about for many years to come.