Topics
Capital Markets and Finance
While the success of Asia Pacific governments in containing the spread of COVID-19 has helped limit its impact on local real estate markets, concerns are growing that a correction may be in the cards next year, according to the Emerging Trends in Real Estate ® Asia Pacific 2021report. Singapore, Tokyo, and Sydney continue to rank as the top three markets for investment and development prospects in the region.
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.
Through the new Yield Chicago program, seasoned and emerging development professionals are joining to share industry knowledge, networks, and best practices.
Design & Planning
Washington, D.C.–area real estate investment trust JBG Smith has broken ground on two new outdoor placemaking destinations in Northern Virginia’s National Landing. The area will eventually be home to Amazon’s HQ2.
Rooftops designed to facilitate drone deliveries, whole floors in residential blocks dedicated to coworking or community spaces, and mobile supermarkets were among the futuristic concepts discussed at the 2022 ULI Singapore Annual Conference.
Attendees of ULI’s Spring Meeting will have the opportunity to tour San Diego’s ballpark and nearby developments that are recently completed, under construction, or in the works.
Development and Construction
Europe’s real estate leaders have set out a long-term vision for the industry. In this scenario the most successful firms have adopted “responsible capitalism,” the user is the center of attention, the cycle of demolition and development has been broken, mixed-use is the norm and multi-disciplinary and in-house teams deliver “space as a service” across a range of sectors, according to Emerging Trends in Real Estate® Europe 2023, the 20th annual survey of European real estate sector leaders’ expectations by ULI and PwC.
A confluence of economic and geopolitical trends is changing global supply chains and driving increased demand for industrial and logistics real estate in Southeast Asia, according to industry leaders at ULI Asia Pacific’s REImagine conference.
City Ridge will include 160,000 square feet (14,800 sq m) of office space; retail and restaurant space; and 690 rental apartments, including 56 affordable units.
Resilience and Sustainability
Social infrastructure, or the physical spaces communities use to gather and build relationships, are critical to building resilience to fires, storms, and other climate hazards, according to a recent report by the Urban Land Institute.
Decarbonizing real estate is crucial in fighting the climate crisis, and with the federal government encouraging building owners through the Inflation Reduction Act to do their part, the industry has many details to examine. he largest incentive opportunities can be leveraged for projects that include energy efficiency, electrification, EV charging, and renewable energy (including storage), and stacking of these incentives can bring overall project costs down significantly.
ULI is honored to announce two District Councils and three National Councils have been selected to participate in the third Net Zero Imperative Cohort.
Issues and Trends
Third edition evaluates top 30 global powerhouses report reveals world’s leading urban hubs rise in popularity post pandemic. Challenges include new economic conditions, rising costs, adaptation to hybrid work, innovation gaps, the climate imperative, and transition to social, mixed-use districts.
Guy Kawasaki—chief evangelist at Canva, former chief evangelist for Apple, and bestselling author—summed up insights gleaned from his years in tech and as host of the Remarkable People podcast, interviewing such luminaries as Margaret Atwood, Tony Fauci, Jane Goodall, and Steve Wozniak.
As congregations across North America grapple with shrinking membership and aging facilities, a new opportunity is emerging: transforming faith-owned land into affordable housing and community-serving spaces. At the 2025 ULI Fall Meeting in San Francisco, panelists in the session “Spiritual Brownfields: Declining Congregations and Opportunities for Housing on Faith-Owned Land” explored how churches and developers are partnering to bring mission-driven housing to underused sacred sites.
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