Commercial Real Estate Industry News
A collection of Commercial Real Estate latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The new rules of office space now that the 'genie is out of the bottle on hybrid'
Hybrid work has emerged as the preferred mode of work among the majority of Americans. That trend has sent a ripple effect across the commercial real estate industry. With 52% of U.S. workers now saying they are hybrid workers, according to a…
Boaz Weinstein's hedge fund Saba Capital has a new activist target - and has given it an ultimatum to adopt sweeping proposals
Saba Capital, the activist hedge fund led by Boaz Weinstein, has a new target: Workspace Group, a U.K. real estate investment trust (REIT). The New York-based fund manager is calling for a managed wind-down of the trust, which operates office…
Discussions under way for Australia's first Trump tower
Trump Organisation is in advanced discussions to develop a high-rise tower on Queensland's Gold Coast, nearly two decades after US President Donald Trump first signalled development interest in Australia. An initial deal between US President Donald…
Josh Brown: This real estate name on our Best Stocks list has seen a major transformation
(This is The Best Stocks in the Market, brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Not sure what stock to buy? A good starting point is to ask the question: 'what stocks are other people buying that…
Singaporean giant to recharge Vic energy heartland with $10b AI hub
Singaporean asset manager Keppel is planning a $10 billion data centre hub near Victoria's former Hazelwood power station, confident it can secure the power and water it needs to run what could become the largest site of the key artificial…
7 Luxury Home Sales in the DC Area
Sold by: Natalie Wilensky, executive vice president at Larry E. Wilensky Co., a commercial real-estate firm, and Robert B. Bellinger, president and CEO of the real-estate investment firm ASB. Bragging points: An early-1900s estate with six…
U.S. hotel results for week ending 10 January
ARLINGTON, Va. – The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar 's latest data through 10 January. CoStar is a leading global provider of online real estate marketplaces, information and analytics…
Ken Griffin's Florida takeover: Citadel founder shells out $180M for latest piece of Miami empire
Hedge fund billionaire Ken Griffin appears to be expanding his business presence in Miami, adding to his already sizable real estate portfolio. The Citadel founder partnered with Goldman Properties to purchase the 545Wyn office building for $180…
What You Need to Know Ahead of CoStar Group's Earnings Release
CoStar Group, Inc. (CSGP), headquartered in Arlington, Virginia, provides information, analytics, and online marketplace services. Valued at $26.9 billion by market cap, the company offers a subscription-based integrated platform for commercial…
Real estate deal for Fremont site may boost city's manufacturing push
41777 Boyce Road, an undeveloped parcel in Fremont, seen in 2020 FREMONT — A largely undeveloped site in Fremont that's across the street from a PG&E substation was bought by investors operating out of the Midwest in a deal that could…
Huge San Jose site once planned as tech campus lands Bay Area buyer
24-acre site in north San Jose, a property bounded by North First Street, Daggett Drive, Zanker Road and East Plumeria Drive, shown within the outline. Boundaries are approximate. SAN JOSE — A huge San Jose site once deemed to be a prime…
CoStar Group (NASDAQ:CSGP) Rating Increased to Hold at BNP Paribas
CoStar Group (NASDAQ:CSGP - Get Free Report) was upgraded by investment analysts at BNP Paribas to a 'hold' rating in a research report issued on Wednesday, Zacks.com reports. 2 Stocks That Could Rocket on a Fed Rate Cut A number of other equities…
Building Beyond Real Estate: Adel Sajan on Innovation, Leadership, and Dubai's Evolving Property Market
In an exclusive interaction, Mr. Adel Sajan, Managing Director, Danube Group shared his valuable inputs: 1 - You began your entrepreneurial journey while still at university and later revived a struggling business, Danube Buildmart, which was…
What's happening to Sycamore's under-construction Cotswold taproom
Cotswold should still get a family-friendly hangout where the troubled Sycamore Brewing was supposed to open — just not Sycamore. Why it matters: Customers were thrilled when the brewery announced in March that it was coming to Cotswold, an…
Housing activity weakens in latest Fed Beige Book report
Housing activity weakened across much of the country, emerging as one of the clearest drags on overall economic performance, according to the Federal Reserve's most recent Beige Book report. Most Federal Reserve districts reporting on residential…
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