Office
Institutional investors will not be abandoning real estate as an asset class in 2010. Instead, they will be retrenching, rethinking, and carefully dipping their toes back into the water.
Though London’s economy has been hit hard by the global recession, the city stands firm alongside New York City and Tokyo as one of three global financial centers and remains unrivaled as the business capital of Europe.
Three-dimensional airspace subdivisions can add value to real estate developments.
Atlantic Wharf, a mixed-use development scheduled to include a waterfront plaza, 30,000 square feet (2,787 sq m) of retail and public spaces, and a 31-story, 750,000-square-foot (69,677-sq-m) Class A office tower, is taking shape in the capital of Massachusetts. And in strong markets around the New York metropolitan area, retail development appears to be a bright spot. In neighboring Connecticut, the single-family home sector is expected to strengthen this year, and the office market in northern New Jersey is starting to gain traction.
In the current climate of economic distress,a common refrain among anxious observers is that the next shoe to drop will be commercial real estate, whose complex financing over the past decade has yet to be unraveled and, in the end, could send already fragile financial giants into a five-spiral crash.
Community benefit districts (CBDs) were first developed in Maryland during the 1980s, but business improvement districts (BIDs) date back to the early 1970s in the Canadian city of Toronto.
Yields are stabilizing in certain european office markets, but investor caution continues, particularly in eastern europe.
Prospects for maintaining U.S. real estate education programs appear to be weathering the crisis in real estate finance.
Owners facing the numerous problems in the commercial real estate market have several exit strategies for cash-flow problems before foreclosure or bankruptcy.
Ten renovation and retrofit projects transform existing buildings into showcases for sustainable strategies.