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Events
Investing in Infrastructure Asia 2008
June 9-13, 2008
Singapore
More Info
Developing Master-Planned Communities: Denser, Closer, Smarter
June 12-13, 2008
Washington, D.C.
More Info
Property Derivatives World 2008
June 17-19, 2008
Paris
More info
Multifamily Trends 2008
June 23-24, 2008
San Francisco
More info
Real Estate Investment World Asia 2008
June 23-26, 2008
Singapore
More info
CPN's Houston Property Opportunities
June 25, 2008
Hyatt Regency Houston
More info
CPN's San Francisco Property Opportunities
June 26, 2008
Grand Hyatt San Francisco
More info
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Employs ~2,000 professionals
45 offices across 31 markets
5,000 customer relationships
$87 billion in total assets
$104 billion in served assets
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Room at the Inn:
Demand from foreign travelers keeps U.S. hotels afloat
For the U.S. hospitality sector, this economic downturn is different from previous recessions and is not expected to have such a severe impact.
"Everyone seems to agree that we're in a recession, but it's different from the recessions in 1991-1992 and 2001-2002," says Greg O'Stean, executive vice president & managing director of hospitality for GE Real Estate's North America lending group. "During those recessions, hotels were empty. This time around we still have plenty of heads in beds."
Read Article...
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Poland Grows Up:
Emerging market matures after joining EU
Just a few years ago, most commercial real estate investors considered Poland to be an emerging market with significant economic and political risks. Today, after four years as a member of the European Union, the Central European country is no longer viewed as a high-risk market, but an established, proven market with strong economic growth and stable demand across all real estate sectors.
Read Article
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Game On:
Olympics push Beijing to expand
From infrastructure improvements and sustainability initiatives to newly constructed Olympics-related venues and new supply of commercial and residential development, the Beijing that will be showcased in August is vastly different from the old Beijing.
Read Article
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Canada's five largest cities have posted the lowest vacancy rates in the first quarter of 2008 outranking the 10 largest central and suburban office leasing markets in North America, according to Cushman & Wakefield.
Vancouver, Toronto and Montreal saw their vacancy rates trend down through 2007, while Ottawa and Calgary trended up. The sharpest drop in vacancy was seen in central Montreal, where the year-over-year rate dropped 3.5 percentage points to 5.8 percent on strong absorption and a lack of new supply, narrowly bumping Midtown Manhattan from the top five with its 6 percent vacancy rate in the first quarter.
More...
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Corporate governance standards in listed property companies diverge widely across Europe, according to a study released by the European Public Real Estate Association (EPRA).
The study reports an EU corporate average ranking of 9.73 out of a possible top mark of 16. "You could say European property companies just about get a pass based on a minimum standard of achieving 60 percent of our criteria," says EPRA CEO Philip Charls.
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Corruption is a growing problem for businesses and executives, but anti-corruption enforcement has become stronger around the globe over the past five years, according to Ernst & Young's 10th Annual Global Fraud Survey.
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