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Weingarten completes U.S. industrial portfolio sale for $382M

May 31, 2012

Commercial real estate firm Weingarten Realty Investors recently announced it has sold a large industrial portfolio to DRA Growth and Income Fund VII.

Commercial real estate transactions on the rise

May 31, 2012

The National Association of Realtors released a report which showed that during 2011, commercial real estate transactions increased compared to the previous year.

Two VA multifamily properties change hands

May 31, 2012

A recent announcement from commercial real estate company Home Properties revealed the firm completed two transactions for apartment complexes in Virginia for $112.2 million.

European commercial investment increases to start 2012

May 30, 2012

A report from CBRE Group showed that partly due to an improved inventory of top office space in Europe, the region experienced increased investment demand.

Russian CRE investment expected to remain high

May 30, 2012

A recent report from Jones Lang LaSalle revealed that the Russian commercial real estate industry is improving and in 2012, it should remain higher than levels seen before the economic crash.

Green concrete CRE development underway in Singapore

May 30, 2012

A new residential commercial real estate property in Singapore will be built with "green concrete" by Amerald Land to keep in line with requirements for the Building and Construction Authority's Green Mark Platinum standards.

Blackstone purchases Motel 6 chain for $1.9B

May 30, 2012

Commercial real estate firm Blackstone Group recently announced that it will purchase Motel 6, for approximately $1.9 billion.

Dundee purchases interest in large Canadian office property

May 30, 2012

Dundee REIT recently revealed that it will purchase two-thirds of Scotia Plaza, a commercial real estate office property located in Toronto.

Chartwell to sell five New York CRE properties for $290M

May 29, 2012

A recent announcement from Chartwell Seniors Housing Real Estate Investment Trust revealed that the company will sell its Bristal Holdings portfolio, which includes five senior-focused commercial real estate properties.

E-commerce helping retail sales improve, walk-in stores downsizing

May 29, 2012

CBRE Group's report on e-commerce showed that online sales are driving the sector, while physical stores have experienced effects to their recovery.

JLL named to market iconic London hotel

May 29, 2012

A renowned commercial real estate property in London was recently listed to be sold and Jones Lang LaSalle will be in charge of overseeing the process.

Central, Eastern Europe to experience improved business potential

May 29, 2012

A recent program held by U.K. Trade and Investment and Jones Lang LaSalle revealed that both Central and Eastern Europe may be ripe for business investment.

CRE market making strides, capital still struggling

May 29, 2012

A recent announcement by Lawrence Yun, the chief economist for the National Association of Realtors, noted that the commercial real estate market in the United States is improving, but is suffering from a lack of capital.

Retail vacancies drop, recovery picking up

May 25, 2012

A report from commercial real estate services provider Cassidy Turley noted that the U.S. retail sector witnessed vacancy declines during the first quarter, which was the first time this occurred in five years.

Office rent in Manhattan highest in U.S., but space shifting to new areas

May 24, 2012

The Midtown South area of Manhattan has some of the highest commercial real estate rents in the United States, and this is due to an influx of technology companies entering that market, according to Bloomberg.

Refinances becoming difficult for UK commercial property investors

May 23, 2012

A recent study from De Montfort University showed that commercial real estate investors in the United Kingdom may have difficulty refinancing as anywhere between £72.5 billion to £100 billion ($158 billion) is expected to miss out on this

Puerto Rico receives first luxury shopping mall

May 22, 2012

A recent commercial real estate development project was named in Puerto Rico, as Taubam Centers is ready to start construction on a luxury shopping center in San Juan.

Cole purchases CA shopping center for $147M

May 21, 2012

Cole Real Estate Investments has added another major property to its real estate holdings, adding a California retail center to its portfolio.

Many Asian CRE markets experience improvements in price to start year

May 21, 2012

The Asia Pacific region experienced a 1 percent price rise for commercial real estate properties during the first quarter of the year when compared to the previous quarter, according to a report from Jones Lang LaSalle.

Oaktree founder purchases New York property

May 21, 2012

A duplex apartment on Park Avenue in New York was recently purchased by the co-founder of Oaktree Capital Group for $52.5 million, according to Bloomberg.

Hong Kong office tower sold for HK$4.88 billion

May 21, 2012

A recent commercial real estate transaction was completed in Hong Kong, as Agricultural Bank of China purchased the building, located at 50 Connaught Road Central, for HK$4.88 billion (USD $629 million).

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.

Capital & Regional purchases UK shopping plaza

May 04, 2012

A deal was recently completed by Capital & Regional to purchase the Kingfisher Shopping Centre, located in Redditch, England, according to a report.

Hotel expansion increasing in non-BRIC areas

May 04, 2012

The commercial real estate market has witnessed a notable amount of growth internationally, and it's not just in Brazil, Russia, India and China, according to Jones Lang LaSalle Hotels.

Griffin-American Healthcare purchases five medical buildings

May 03, 2012

A recent announcement from American Healthcare Investors and Griffin Capital Corporation confirmed that their joint commercial real estate trust purchased five office buildings in the United States.

Terra Firma purchases Four Seasons Health Care

May 03, 2012

Commercial real estate company Terra Firma recently purchased Four Seasons Health Care for £825 million (USD $1.3 billion).

CRE construction, development improving

May 02, 2012

The commercial real estate market in the United States showed improvement during 2011, and the effects are expected to continue for years, according to a report from NAIOP Research Foundation.

WTC once again the tallest building in New York

May 01, 2012

The new building being constructed in place of the former World Trade Center has been recorded as the tallest skyscraper in New York City, according to The Associated Press.