Global Real Estate Monitor
A Monthly Newsletter
Exclusively for Commercial Real Estate Executives
SubscriptionContact Us
Sponsored by GE Real
Estate - Produced by National Real Estate Investor Magazine September 2007 VOL. 2    

Archives
 
In This Issue
>   Self Storage Strategies:
Development opportunities dwindle
>   Arden’s Game Plan:
Former REIT drafts new playbook
>   China Logistics:
Industrial development moves inland
Briefs
>   Investment Notes
>   Foreign Exchange
>   Did You Know?
 
 
Events

Global Real Estate Institute European Summit 2007
September 10-11, 2007
Paris
Learn More

ICSC Research Conference
September 16-18, 2007
Toronto
Learn More

California Mortgage Bankers Association 10th Annual Conference
September 24-26, 2007
Las Vegas
Learn More

 
GE Real Estate

1,900 employees

45 offices, 28 countries

$59 billion in assets

$78 billion served assets

Learn More
 

Self Storage Strategies: Development opportunities dwindle

The great era of self storage development in the United States is over, and investors should focus on acquiring existing properties and squeezing every bit of upside out of them. Self storage construction activity is slowing down across the nation because it's tougher and tougher to find good dirt to build on. Instead, many investors are buying older facilities that are a little worn. Read Article ...

Arden’s Game Plan: Former REIT drafts new playbook

With more than $5 billion in deals closed over the past 15 months, Arden Realty Inc. has become one of the most active buyers and sellers of commercial real estate in the U.S., which is a big change for the Los Angeles-based company. Today, Arden has a capital recycling program that is reshaping its portfolio to include growth-oriented real estate that complements its existing core properties. Read Article ...

China Logistics: Industrial development moves inland

China's logistics activity has long been concentrated in the country's coastal regions. But, the future is inland China, as evidenced by ProLogis's move into five inland markets. While export activity supports existing coastal logistics hubs, the emerging inland hubs are developing in response to the rapid expansion of the domestic economy. Read Article ...
Briefs

Investment Notes

Commercial loan originations were once again strong in the second quarter, according to the Mortgage Bankers Association's (MBA) Quarterly Survey. Second quarter originations were 40 percent higher than compared to the same period last year. The increase was seen across most property types and investor groups.

Increases in total commercial/multifamily mortgage originations were led by increases in commercial mortgage-backed securities (CMBS) conduit loans. The strong second quarter included heavy volume driven by REIT privatizations and continues a trend of second-quarter-over-second-quarter increases going back to the beginning of MBA's survey in 2001. More...

Foreign Exchange

India, Russia and China are the best new markets for retailers, according to A.T. Kearney's Global Retail Development Index™ (GRDI). Several other countries, including the United Arab Emirates and Vietnam, also are noted as emerging retail markets.

Now in its sixth year, GRDI identifies exciting new markets where retailers can make new investments. The Index ranks the top 30 emerging countries for retail development using 25 macroeconomic and retail-specific variables. More ...

Did You Know?

Asking rent for prime office space increased in 10 major global business centers during the 12 months ending June 30, with five cities posting increases in excess of 20 percent, according to new research from CB Richard Ellis Group Inc. Vacancy rates declined virtually across the board and remained in single digits in all 10 markets.

Of the 10 markets surveyed, the West End of London – the most expensive office market in the world – experienced the sharpest rent increase, rising 37 percent to an average of $243.73 per square foot. Rent has not grown this rapidly in London’s West End in 19 years. At mid-year, vacancies in London’s West End dropped to 2.5 percent – the lowest since mid-year 2001. More ...

GE

For questions concerning delivery of this newsletter, please contact our Customer Service Department at: Customer Service Department
NREI Magazine
A Penton Media publication US Toll Free: 866-505-7173
International: 847-763-9504
Email:globalrealestate@pbinews.com

Penton Media
249 W. 17th Street
New York, NY 10011

GE Disclaimer: Click here

To unsubscribe from this newsletter go to: Unsubscribe

Copyright 2007, Penton Media.. All rights reserved. This article is protected by United States copyright and other intellectual property laws and may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without the prior written permission of Penton Media.