News

SINGAPORE — Global real estate prices have largely held their own in the face of an unprecedented economic hit from the coronavirus pandemic, says Sean Darby, global head of equity strategy at Jefferies. “It’s been perhaps one of the most fortunate events for policymakers in that we’ve not really seen any significant declines in global

Even though we’re in the middle of a pandemic, BTI Partners, a developer based in Ft. Lauderdale, Fla., is still delivering new projects in need of retail tenants. For instance, the retail portion of the company’s Westshore Marina Landing At Westshore Marina District project in Tampa is slated to be completed early next year.   With

Dollar General has announced a new retail store concept, called popshelf, that is targeting a higher-income shopper. While part of the Dollar General corporation, popshelf will be a differentiated store and shopping experience, according to the company. In a release announcing the venture, the company said that each approximately 9,000 square-foot popshelf store will be

There has been a lot written and said about COVID-19 and teleworking friendly work policies sending urbanites permanently into the suburbs and even rural areas. But migration from cities is nothing new, according to urban planner Christopher Rhie, an associate principal with the Los Angeles office of global firm Buro Happold.  “Retirees and young families

The Netflix logo is displayed on a wall at the company’s Japan office in Tokyo. Kiyoshi Ota | Bloomberg | Getty Images LONDON – As the coronavirus forces some companies to scale back on their physical offices, Netflix is planning to triple the amount of office space it has in London and move into a

Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images The number of mortgages in active pandemic-related bailouts plunged in the past week as the first wave of forbearance plans hit the end of their six-month term. It was the largest decline since the

Research associate Sachi Johnson works at Sorrento Therapeutics where efforts are underway to develop an antibody, STI-1499, to help in prevention of the coronavirus disease (COVID-19) in San Diego, California, May 22, 2020. Bing Guan | Reuters All the fundamentals are aligning for the life sciences industry, as Covid-19 accelerates already growing demand for real

The special servicing rate hit its highest mark since May 2013, increasing 44 basis points to 10.48% in September, according to Trepp. In August, the rate was 10.04%. An increase in retail and lodging special servicing drove the surge in the rate, which sat at 3.10% a year ago. Trepp says both sectors produced their