‘Gold Rush’ in Artificial Intelligence Expected To Drive Data Center Expansion The rapid adoption of new artificial intelligence apps and an intensifying bid for dominance among tech giants Amazon, Google and Microsoft are expected to drive investment and double-digit growth for the data center industry in the next five years. A “gold rush of AI” […]
White House closely tracking commercial real estate -White House economist WASHINGTON, April 18 (Reuters) – The White House on Tuesday said it is closely tracking developments in commercial real estate after recent strains in the banking sector, given that many smaller and mid-sized banks have “non-trivial” holdings in commercial real estate. Jared Bernstein, a member […]
Restaurants Struggle to Find Affordable Space for Their Expansion Plans Investors in real estate with a restaurant component are finding themselves in a glass half-full, glass half-empty kind of environment. On the one hand, strong demand for retail space from the food and beverage sector is pushing up rents. On the other hand, a shortage […]
Commercial Property Cap Rate Expansion Likely to Continue in 2023 According to a new CBRE survey, U.S. capitalization rate expansion is likely to continue in the short-term for most real estate asset types, but could peak later this year and should decrease in 2024 as the end of the Federal Reserve’s rate-hiking cycle is anticipated. […]
Companies still have way too much office space, and they can’t sell it A few things we know about corporate real estate: it’s a focus of cost-cutting for companies, but it’s also probably the last asset you want to sell now in a soft market. How soft? According to Elizabeth Ptacek, senior director of market analytics at […]
US Markets Continue Their Price Discovery Journey Colliers sees the global real estate market “taking hold” by mid-2023. Inflation and higher interest rates are among the factors that will continue to weigh on investor decision making in 2023 as the US market continues a journey of price discovery, according to the latest Colliers Global Investor […]