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ULI Global Chairman Tom Toomey closed the record-breaking 2018 Spring Meeting by outlining advancements in ULI’s new strategic direction. In a general session presentation, he announced the appointment of longtime real estate executive Edward (Ed) Walter as the new global chief executive officer for the Institute, and the approval of a member-created Global Strategic Plan to guide ULI’s growth and leadership going forward.

Companies may be starting to see that squeezing more employees into less space is starting to be counterproductive, but panelists at ULI’s 2018 Spring Meeting agreed that expansive offices were largely a thing of the past, especially with wireless communications and cloud-based applications increasingly allowing employees to get much of their work done off site.

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.

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.

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.

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.

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.

We are late in the current cycle, and real estate investors are focusing on the potential risks as much as, if not more than, the rewards on offer, according to investors and investment managers discussing global capital markets at the 2018 ULI Asia Pacific Summit in Hong Kong.

Land use and urban planning experts representing ULI will be making recommendations to the Virgin Islands Housing Authority on creating a long-term plan for rebuilding the territory’s St. Croix district to increase the resilience of the built environment, revive the district’s economy, and reinforce its appeal to residents as well as visitors.

Prices are high but opportunities abound in China’s growing real estate market, especially in its first-tier cities, a panel of experts and investors said at the 2018 ULI Asia Pacific Summit in Hong Kong.