Topics
Capital Markets and Finance
Investors will be facing an environment wherein slower economic growth is expected in the coming years, explained Lawrence Lennon, director, capital markets at CBRE Vietnam, who spoke at a mid-November workshop during ULI Asia Pacific’s REImagine 2024 in Vietnam.
Canada’s real estate market is in the midst of a pivotal shift as the Bank of Canada (BoC) rolls back what has been “higher for longer” interest rates. Yet despite welcome relief on financing costs, real estate leaders are still moving somewhat cautiously amid uncertainty and fluid market dynamics.
Georgetown’s M.S. in Global Real Assets, a collaboration between a top-ranked business school and a premier center for global real estate, prepares you to address challenges at the intersection of real estate, infrastructure, and sustainability.
Design & Planning
Shenzhen’s Nantou Ancient City project represents a groundbreaking approach to revitalizing China’s historic urban villages in a way that preserves their cultural heritage and community fabric. After China’s government designated Shenzhen as a Special Economic Zone in 1980, the city’s more than 400 urban villages grew rapidly to provide informal housing for an influx of migrant workers. The result: high-density residential areas that maximized rental income but often compromised on fire safety and hygiene standards.
In late September 2019, 7,300 commuter students were settling into their routines at the University of Southern Maine (USM) in Portland, where the academic year had just begun. Then, at the end of the month, a fire main broke beneath the repurposed industrial building serving as the student center, flooding it with six inches of mud. City officials declared the building uninhabitable, leaving the school without a student center.
In the Belgian municipality of Edegem, just a 20-minute bike ride from Antwerp’s city center, a brownfield site that once stored camera film has become a biodiverse, sustainable mixed-use residential and commercial neighborhood.
Development and Construction
Optimism is often misunderstood as wishful thinking or blind positivity. In reality, fearless positivity is a leadership strategy—one that allows organizations to not only endure change but leverage it as a catalyst for innovation. Research shows that organizations led by optimistic leaders outperform their peers. Optimistic leaders foster more engaged teams, make bolder strategic decisions, and create cultures that embrace adaptability rather than resist it.
According to CBRE’s “North America Data Center Trends H2 2024" report, the overall vacancy rate in primary markets fell to a record-low 1.9 percent at year-end. Only a handful of facilities with 10 MW or more are slated for delivery in 2025 and are not yet leased, reflecting the scarcity of large-scale available inventory.
In the July-August 1967 edition of Urban Land, Thurston H. Ross delivered a speech on high-rise schools, the abandonment of the front and backyard concept, and a return to the town meeting type of government in the future.
Resilience and Sustainability
In a world increasingly driven by environmental concerns and economic realities, the movement for sustainable commercial real estate has only gained momentum, despite shifting political tides.
A professional self-certification program could dramatically boost the recovery effort
Issues and Trends
In the journey toward embedding racial equity in real estate development, the 10 Principles for Embedding Racial Equity Development report, published by Urban Land Institute, serves as more than just a set of guidelines—they are seeds of transformation. When thoughtfully planted in the soil of our companies, projects, and communities, these seeds have the potential to grow into something profound: stronger, more equitable systems that uplift everyone.
A group of experts representing ULI visited Buffalo, New York, last November to make recommendations for reviving the city’s Jefferson Avenue Corridor, the main thoroughfare of a historically black area that has suffered a decline in commercial, social, and civic activity and engagement as the result of decades of disinvestment and a recent racially motivated shooting.
Launched in 2022 with the release of its foundational report, Homeless to Housed: The ULI Perspective, ULI’s Homeless to Housed (H2H) initiative aims to address the U.S. housing and homelessness crises through real estate–driven solutions that emphasize a new degree of affordability and necessary connections to supportive services. The early work reflected in the report brought to light the real estate development community’s ability to deploy expertise and resources in addressing homelessness in the communities where ULI members live and work.
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