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London's future success hinges on CRE, other factors

May 18, 2012

Jones Lang LaSalle recently released a study which showed that over the next several years, London may need to make significant alterations to continue to be a power in the world economic scene, and this includes the commercial real estate market.

US CRE market susceptible to outside issues

May 17, 2012

While the commercial real estate market in the United States has picked up in recent months, the overall market may be impacted negatively by outside sources, according to The Real Estate Roundtable.

Blackstone purchases British property for $540M

May 17, 2012

American commercial real estate company Blackstone recently purchased Devonshire Square for $540 million, according to WorldPropertyChannel.

Canadian CRE experts confident about recovery

May 16, 2012

The Real Property Association of Canada released a joint report with FPL Advisory Group which explained that there is reason to be positive about commercial real estate recovery in the nation.

Government approves three green building certification processes

May 16, 2012

The U.S. General Services Administration noted that in a review of 180 Green Building Certification Systems that three options may be considered acceptable for use in energy efficiency standard measurement.

Commercial investment climate improving for REITs

May 16, 2012

Despite the residential housing industry struggling for many economic reasons, the commercial real estate industry has not experienced the same investment issues, especially real estate investment trusts, according to Reuters.

Population of China's urban areas to increase significantly by 2020

May 15, 2012

The urbanization rate in China is expected to skyrocket through the next decade, according to a report from the China Population and Development Research Center.

Tech sector absorbing CRE office space

May 15, 2012

A recent report from Jones Lang LaSalle showed that during the first quarter of 2012, commercial real estate office rent growth for tech companies increased significantlyin the U.S. and Canada.

Singapore's Hougang Plaza sold by CapitaMall for S$119M

May 15, 2012

Commercial real estate company CapitaMall Trust Management Limited recently sold Hougang Plaza for close to S$119.1 million (USD $95.7 million).

Office rents improve in Asia Pacific region

May 14, 2012

Commercial real estate office property rents rose in 13 Asia Pacific markets during the first quarter.

China aims for more green properties

May 11, 2012

A recent announcement by the Chinese government revealed that the country plans for a spike in new green properties, according to Xinhuanet.com.

Hong Kong sells highly-valued land for less

May 10, 2012

The government of Hong Kong recently sold some of its prime commercial real estate for much less than was expected, and some industry members are worried about the market, according to Bloomberg.

Minneapolis property purchased by Invesco and Zeller

May 09, 2012

A foreclosed commercial real estate property in Minneapolis was recently acquired through a joint venture between Zeller Realty Corporation and Invesco for a total of $110.7 million.

U.S. lending standards hurting CRE progress

May 08, 2012

The U.S. commercial real estate industry has experienced some recovery, but according to a report from the National Association of Realtors, issues with lending that could be hurting further improvement.

China CRE sales continuing climb

May 07, 2012

The Chinese commercial real estate market has surged in recent years, and this looks to continue, especially with the success of Shanghai and Beijing, according to Bloomberg.