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ULI Toronto and PwC hosted a trends event to present the latest findings for Toronto and the rest of the Canadian market, including a keynote by Andrew Warren, director of real estate research for PwC.

Commercial real estate lending markets remained on the upswing in Q3 2017 with rising equity prices, limited volatility, and tightening spreads, according to the latest research from CBRE.

While the $1.5 trillion tax-cut bill passed by the U.S. House of Representatives is widely seen as beneficial for commercial real estate, one provision would eliminate a municipal financing tool that has been essential for housing, infrastructure, and industrial development investment for decades.

In many ways, ULI’s history in Japan is the history of that nation’s institutional real estate market, setting up shop in 1997, following the first opportunity funds that came to buy nonperforming loans in the 1990s and has grown to the present day, when a new wave of foreign core funds have begun to invest in Asia’s largest real estate market.

Japan’s investment market is set fair for the future, with “the world’s most favorable borrowing environment” and increasing institutional demand for real estate. A panel of international investors discussed the 20-year outlook at the ULI Japan Fall Conference, which took place in Tokyo in November.

The Emerging Trends in Real Estate® Asia Pacific 2018report highlights the continued existence of excess liquidity in the region, with competition to buy prime assets in major Asian markets reaching “unprecedented levels.”

Soaring rents have seen London’s New Bond Street rise to become the world’s third most expensive retail street, according to a report by Cushman & Wakefield. The annual Main Streets Across The Worldreport, now in its 29th edition, tracks 451 of the top retail streets around the globe and ranks the most expensive in 68 countries by prime rental value using proprietary data.

Hong Kong has surpassed London’s West End as the world’s most expensive office market, according to new research from Cushman & Wakefield. Using proprietary data, the report ranks occupancy costs per workstation as well as workplace densities for newly developed or refurbished office space globally. At a global level, the average annual cost per workstation rose by 1.5 percent over the past 12 months.

While the latest Harvard University’s Joint Center for Housing Studies (JCHS) report on the state of rental housing in the United States. shows some positive signs for inventory, the overall trend persists that low- to moderate-income renters face significant cost burdens in most markets.

ULI Americas Chairman Trish Healy welcomed attendees to the 2017 ULI Fall Meeting with remarks affirming the Institute’s role as an industry leader. “Everything ULI is, everything ULI does is about member leadership. As a ULI member, each of you is de facto an industry leader, providing our communities access to the responsible land use expertise they need,” Healy said.