DEVELOPMENTS
Westfield/CPPIB Joint Venture Signals Strong Interest in Fortress Malls
The Westfield Group’s sale of a 45 percent stake in its U.S. malls to Canada Pension Plan Investment Board (CPPIB) showcases once again institutional investors’ appetite for core retail assets in the United States....
Commercial Mortgage REITs: Less Risk, Same Reward?
According to backers, the newer commercial mortgage REITs operate more prudently than their predecessors and boast improved transparency....
No Danger of Overbuilding in Multifamily Sector Until 2013
Demand for new apartments will continue to oustrip supply in 2012....
Private Equity Funds May Splurge on Seniors
Private equity investors are turning their attentions to the seniors housing sector....
CBRE Secures Lease at Red Bank Office Building
CBRE represented The Sawtooth Group, in a 19,713-sq.-ft. lease transaction at 141 West Front Street, Red Bank....
VIEWS AND FEATURES
New York's Tall Tales
New York remains the crown jewel of the U.S. commercial real estate market. And as the recession recedes further into the rearview mirror, the city is experiencing a full-scale revival. ...
Are Institutions Ready for More Risk?
Pension funds, life insurance companies and private equity funds have been focused almost exclusively on purchasing core properties in a handful of top markets. That tunnel vision may start to expand in 2012 as institutions prepare to venture further out on the risk spectrum. ...
How PREI Views the Outlook for Commercial Real Estate
As one of the biggest buyers of commercial real estate, Prudential Real Estate Investors has a telling view of the market....
Core, Distressed, Debt and Opportunistic Private Equity Funds are Seeking CRE Investment Opportunities
A look at the top 25 private equity real estate funds still investing....
Developers Are Increasingly Pursuing Adaptive Reuse Opportunities
There are many reasons why developers are attracted to adaptive reuse today. There is an increased demand from cities, residents and tenants for renewed urban cores. Americans are regaining a taste for urban living and moving from suburbs back to redeveloped cities....
The Smart Grid is the Next Big Thing in Green Building. So Why Aren’t More Buildings Connecting?
Only 19 percent of buildings have any kind of automated connection to a smart grid....
Last Word: The World’s 10 Biggest Malls
Emporis, a global provider of information on building data and construction projects, revealed the ranking of the world’s 10 biggest malls, based on gross leasable area (GLA). It turns out nine of these malls are located in Asia, with the two largest located in China...