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1500
employees in 31 markets
$85
billion
in assets
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The fastest growing tourism destinations over the next decade will be
in Asia, and there are predictions that China will emerge as the No.1
inbound tourism market within 10 years, overtaking France, Spain, and
the United States. By the end of next year, international visitor
arrivals into Asia are expected to more than double to 500 million
people.
Industry experts believe the short-term and long-term economic outlook
for most Asian countries is better than countries in other regions,
making Asia an attractive locale for hotel investment – both
development and acquisition.
Read Article
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Veteran commercial real estate professionals say the business is all
about relationships – building and maintaining relationships.
Yet
relationships often take a backseat to transactions during hot markets.
Today’s market – when leasing velocity is slow
across all
sectors and investment sales activity is close to nonexistent
–
provides the opportunity to focus on relationships, says Dave Marcum, a
management and leadership consultant with FranklinCovey Co., a leading
training and consulting firm based in Salt Lake City, Utah.
Read Article
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Financial services jobs are
being more
widely dispersed among the nation’s office markets, creating
opportunities for commercial real estate investment in new cities. Of
1990’s top 10 financial markets, three have been replaced by
new,
faster-growing markets, and four of the remaining seven now have a
lower concentration of financial employment than they had 18 years ago
(see chart below).
More...
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Nearly 60 percent of
Europe’s
largest banks are closed to new business and are not lending against
commercial real estate, according to a recently released survey from
Cushman & Wakefield. The remaining banks that are willing to
lend
to new clients have specific conditions, and they are only willing to
provide debt to established borrowers for well-leased, prime assets.
More ...
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