This report summarizes Q1 2015 trends in the US national office sector real estate market. It finds that the overall national availability rate rose slightly to 17.0% as new construction increased supply in many markets like Houston and Dallas. Asking rental rates continued to increase nationally and in major cities like New York City and San Francisco driven by new construction and tight supply. The report also discusses how companies are increasingly expanding to lower cost Sunbelt markets in the South and West for access to talent at a lower cost while pursuing the American consumer population growth in these areas.
This document provides a global office market forecast for 2014-2015 from Cushman & Wakefield. It summarizes office market conditions, trends, and forecasts across major global regions. In the Americas, the US recovery is gaining strength driven by technology and energy, while Canada faces oversupply. Latin America is mixed with Santiago outperforming. In Asia Pacific, growth will slow but modern supply outpaces demand. European markets show signs of stabilization with divergence between prime and secondary space. Workplace transformation is a key global trend driven by cost, talent, and organizational needs.
2014 business briefing_humancapital_finalGuy Masse
This document discusses how companies are facing challenges in finding and retaining top talent. Real estate can help by providing workspaces that foster collaboration and innovation. Locations that appeal to workers are important as employees demand certain elements in their work experience. Some markets like Austin and Seattle provide high innovation potential at below average costs, making them good options for companies seeking talent. Demographic shifts are also impacting the labor supply, intensifying the competition for workers.
- The document provides an overview of global real estate investment trends in 2015 and an outlook for 2016.
- Global property investment volumes fell slightly for the first time in 6 years in 2015, down 2.4% to $1.29 trillion, driven by a pullback in Asia, notably for development land. Excluding land, volumes rose 8.2%.
- Going forward, the focus will be on core assets that provide value to occupants. Investors will seek platforms for local intelligence and pursue opportunities such as modern flexible office, retail, and logistics space in gateway cities.
-U.S. Office Market Was Driven by the Tech
Sector in the Fourth Quarter of 2018
-Absorption exceeds construction completions, vacancy
declines and the pipeline grows
-Tech markets tighten
-Rents rise, but the pace slows:
The U.S. Tech sector’s new record high has brought back memories of the dot-com bubble. But unlike then,
today’s Tech sector is not propped up by fanciful talk. It’s led by companies that are truly transforming the
economy and our lives.
Retail Lives
Economic fundamentals continue to strengthen in the
U.S., a trend that is expected to endure through
mid-2019. With continued wage growth acceleration
and consumer confidence near an 18-year high, the
retail marketplace has registered solid spending.
Inflation-adjusted consumer expenditures show a
steady 2.5-3% year-over-year (YOY) growth pattern
since the beginning of 2016. eCommerce sales
accounted for approximately 11.5% of retail sales
(excluding auto sales) in 2017. While we expect that
penetration rate to climb to 14.0% by 2019, physical
stores remain vital to retailer survival in this evolving
retail climate. Despite what the media would lead you
to believe, the overall retail industry is still posting
gains even while it faces secular challenges.
Real estate investment in emerging Asian markets grew 49.3% in the first half of 2013 compared to the same period in 2012. Investment was driven mainly by increased land deals in China's tier 2 and 3 cities to support continued urbanization. While sentiment has improved, volatility remains from tapering risks and deficits. State-linked companies account for more investment in emerging markets than institutional investors due to a lack of grade assets. Overall, real estate investment in emerging Asian markets continues to evolve with ongoing assessment of transparency, access and political risks against long-term economic potential.
This document provides a global office market forecast for 2014-2015 from Cushman & Wakefield. It summarizes office market conditions, trends, and forecasts across major global regions. In the Americas, the US recovery is gaining strength driven by technology and energy, while Canada faces oversupply. Latin America is mixed with Santiago outperforming. In Asia Pacific, growth will slow but modern supply outpaces demand. European markets show signs of stabilization with divergence between prime and secondary space. Workplace transformation is a key global trend driven by cost, talent, and organizational needs.
2014 business briefing_humancapital_finalGuy Masse
This document discusses how companies are facing challenges in finding and retaining top talent. Real estate can help by providing workspaces that foster collaboration and innovation. Locations that appeal to workers are important as employees demand certain elements in their work experience. Some markets like Austin and Seattle provide high innovation potential at below average costs, making them good options for companies seeking talent. Demographic shifts are also impacting the labor supply, intensifying the competition for workers.
- The document provides an overview of global real estate investment trends in 2015 and an outlook for 2016.
- Global property investment volumes fell slightly for the first time in 6 years in 2015, down 2.4% to $1.29 trillion, driven by a pullback in Asia, notably for development land. Excluding land, volumes rose 8.2%.
- Going forward, the focus will be on core assets that provide value to occupants. Investors will seek platforms for local intelligence and pursue opportunities such as modern flexible office, retail, and logistics space in gateway cities.
-U.S. Office Market Was Driven by the Tech
Sector in the Fourth Quarter of 2018
-Absorption exceeds construction completions, vacancy
declines and the pipeline grows
-Tech markets tighten
-Rents rise, but the pace slows:
The U.S. Tech sector’s new record high has brought back memories of the dot-com bubble. But unlike then,
today’s Tech sector is not propped up by fanciful talk. It’s led by companies that are truly transforming the
economy and our lives.
Retail Lives
Economic fundamentals continue to strengthen in the
U.S., a trend that is expected to endure through
mid-2019. With continued wage growth acceleration
and consumer confidence near an 18-year high, the
retail marketplace has registered solid spending.
Inflation-adjusted consumer expenditures show a
steady 2.5-3% year-over-year (YOY) growth pattern
since the beginning of 2016. eCommerce sales
accounted for approximately 11.5% of retail sales
(excluding auto sales) in 2017. While we expect that
penetration rate to climb to 14.0% by 2019, physical
stores remain vital to retailer survival in this evolving
retail climate. Despite what the media would lead you
to believe, the overall retail industry is still posting
gains even while it faces secular challenges.
Real estate investment in emerging Asian markets grew 49.3% in the first half of 2013 compared to the same period in 2012. Investment was driven mainly by increased land deals in China's tier 2 and 3 cities to support continued urbanization. While sentiment has improved, volatility remains from tapering risks and deficits. State-linked companies account for more investment in emerging markets than institutional investors due to a lack of grade assets. Overall, real estate investment in emerging Asian markets continues to evolve with ongoing assessment of transparency, access and political risks against long-term economic potential.
The U.S. industrial market experienced strong net absorption in Q3 2018, with overall vacancy remaining at historic lows despite increased construction. Demand was broad-based across regions and product types, with the South and West leading in absorption. Rents continued rising above 5% annually in over half of markets as demand outstripped supply in a tight market. The development pipeline expanded but speculative construction remains concentrated in top markets, indicating limited overbuilding risk through 2019.
C&W Marketbeat - Canadian Industrial Report- Q2-2014 Guy Masse
This document provides a summary of industrial real estate market conditions across Canada in the second quarter of 2014. Key points include:
- The Alberta economy continued to outpace other regions, driven by growth in the oil and gas industry. This fueled record industrial real estate absorption in Calgary.
- Central Canadian markets struggled due to slow economic growth, though momentum was starting to improve in the second quarter.
- Strengthening US economic conditions are expected to increase demand for Canadian goods and services, benefiting industrial markets going forward.
Trump100 days- Implications for the Property Markets Guy Masse
PRESIDENT TRUMP'S ADMINISTRATION & ITS IMPLICATIONS FOR THE PROPERTY MARKETS
Measuring the success of a new Administration by its first 100 days is a tradition, and President Trump reaches his first key milestone with campaign promises to overhaul Washington and jump-start the economy. This special report provides a perspective on:
How key economic indicators (inflation, job growth) and commercial real estate are performing so far
The status of key policy proposals, including trade and defense
What to watch for beyond the first 100 days
This newsletter introduces a new publication called "EYE ON THE MARKETS" that will analyze macroeconomic trends, investment management, and equity market movements. The author argues that macro events have an overwhelming influence on stock markets, and periods of calm have been interrupted by market sell-offs due to crises in Europe, the US, and Asia. Investors need to carefully manage their portfolios and prepare contingency plans for different scenarios. Some positive factors are signs of recovery in corporate earnings, manufacturing, and technology, though continued global uncertainties remain.
The National Multifamily Index ranks major U.S. markets based on projected vacancy rates, rent growth, and employment gains. San Francisco and San Jose rank at the top due to strong job growth, low vacancy, and high rents. Markets in the Pacific Northwest and Northeast also rank highly. Atlanta and Riverside-San Bernardino moved into the top 20 due to improving economies and property performance. Midwest markets rank in the lower third despite favorable demand drivers. Supply growth will challenge some markets like Houston and Tampa.
U.S. MarketBeats provide an overview of quarterly CRE activity and trends, a snapshot of current economic and capital market conditions as well as market-level statistics on key metrics.
The U.S. economy in 2016 was characterized by steady growth in the face of uncertainty. The year began with steep declines in global equity markets in response to concerns about a slowdown in China, the Europe replaced Asia as the focal point of global anxiety after the Brexit vote. In the fourth quarter, the U.S. unexpectedly elected Donald Trump as President. Despite uncertainty, the economy continued to add an average of 180,000 jobs per month during 2016.
Transition in Asia – How to grasp opportunities & meet new challenges in a tr...Zubin Poonawalla
1. The economies of Asia are in a state of transition as technology, consumer behavior, manufacturing, and security have all affected daily operations. This transition presents both challenges and opportunities that must be considered.
2. Demand in Asia has remained constant despite the global economic slowdown. The recovery of the Indian economy is on track and signs point to continued growth in 2016. E-commerce is growing rapidly, especially in China and India, driven by increased internet connectivity and use of mobile devices.
3. Over the next decade, 500 million new middle-class households will emerge in Asia, further driving consumer demand. This will contribute to the tight labor market and income growth in the region. Technology is changing both consumer
The document provides an overview of Lee & Associates, a commercial real estate services firm with over 870 agents and $12 billion in annual transaction volume. It then summarizes national industrial market trends in the second quarter of 2016, including steady vacancy declines, strong net absorption, and rising rental rates. Finally, it offers a outlook for continued positive industrial market conditions in the short term, followed by a potential slowing of growth in 2017 due to global economic uncertainties.
For all those that missed out last month in Chicago, we’ve crafted a full round up of our 3PL Summit & CSCO Forum. There’s coverage of the major sessions at the event, as well as up-to-date market research on the latest trends set to impact the industry.
The document provides an overview and outlook of the 2018 used car market from Cox Automotive. It finds that positive economic indicators in 2017 such as rising stock prices, home values, and consumer confidence bode well for continued strong vehicle sales in 2018, especially used vehicles. However, risks include rising interest rates from Federal Reserve rate hikes and a potential increase in inflation. Cox Automotive forecasts used car sales will rise slightly to 39.5 million units in 2018 while new car sales will dip slightly to 16.7 million. The report provides insights into key factors that will influence the used car market in 2018 such as the economy, jobs, consumer spending, auto loans rates and the Federal Reserve.
WINNING IN GROWTH CITIES /ACushman & Wakefield Capital Markets Research Publi...Guy Masse
This report has been prepared by the Research and
Capital Markets teams at Cushman & Wakefield to
identify the winning cities in today’s international real
estate investment market. The executive summary
looks at the largest and fastest growing cities in
investment terms and the differences in pricing,
as well as demand and activity between sectors.
The document discusses key economic dynamics affecting corporate success in a globalized world. It notes that since the late 18th century, international economic bonds have strengthened through increased global trade, capital flows, and investment opportunities. This has opened new markets for corporations in places like Central and Eastern Europe, Latin America, and Asia. However, weaknesses in the US economy like a lack of competitiveness and protectionism have eroded its technological advantage relative to countries like Germany and Japan that maintain close industry-government cooperation. Macroeconomic indicators in the US like GDP, inflation, unemployment, and interest rates have also been negatively impacted by the global economic crisis. For companies to succeed in this environment requires prudence, expanding operations to benefit from economies of scale
This document provides an outline for a report on offshoring. Section I discusses reasons why companies engage in offshoring, including lower labor costs, advances in technology and telecommunications that allow work to be done remotely, and access to new markets. Section II covers different types of sourcing strategies such as offshoring, outsourcing, insourcing, and nearshoring. Section III discusses benefits of outsourcing, including cost savings, increased efficiency, risk management, and competitive advantages from flexibility and 24/7 operations. Section IV notes potential disadvantages like loss of control, hidden costs, quality issues, and cultural problems.
Colliers North American Industrial Highlights Q1 2013Coy Davidson
The industrial real estate market has seen strong performance for the past eight quarters, with declining vacancy rates and absorption outpacing new construction. However, the document warns of potential "blind spots" that could endanger the market's strong run. Low interest rates and high investor demand have compressed cap rates and driven up prices. While fundamentals remain sound, overheated conditions and a potential economic slowdown pose risks if not properly considered. The market will need robust job and GDP growth to sustain its gains into the future.
The document provides an overview and forecasts for office markets globally from 2014-2015. Key points include:
- Efficiency and quality workspace are driving trends as companies seek to reduce costs and increase productivity. Vacancy rates may rise short-term as new supply comes online.
- Rents are expected to rise modestly in most major markets. Demand will be strong in tech and energy sectors, supporting certain US and Asian markets, while Europe shows signs of stabilization.
- Workplace transformation is a growing priority to attract talent and encourage innovation, with factors varying by industry and region. Cost savings remain a key motivation but culture and collaboration are increasingly important.
Strong fundamentals drive US dealmaking despite macro-economic and political uncertainties. First-half activity remains on a par with 2016 as strong fundamentals continue to drive M&A.
Though US M&A faced challenges in H1 2017, the figures show that the market is active and vibrant. There were 2,413 deals worth US$588.5 billion recorded in H1 2017, up 0.5 percent by value compared to US$585.4 billion registered in H1 2016. If activity continues at its current level, US dealmaking is on track for another strong year.
This document provides an analysis of investment opportunities across various sectors, equities, and fixed income assets as part of a U.K. hedge fund portfolio. Specifically, it sees opportunities in consumer discretionary, technology, and communications sectors due to economic expansion. Individual stock picks highlighted for their growth potential include Amazon, SuperCom Ltd., Tesla, Netflix, and Disney based on factors like revenue growth, market opportunities, and financial ratios. The portfolio aims to outperform benchmarks like the S&P 500 through these cyclical and growing positions.
Keegan Dwyer is seeking a junior developer position where he can leverage his skills in technologies like Docker, AWS, Git, Java, C/C++, and MATLAB. He has internship experience with Workiva and Bunchball where he implemented automatic deployments using AWS, wrote Docker files, and assisted other developers. Keegan also has experience with school projects involving Android app development, data structures, algorithms, and database queries. He graduated from Iowa State University in December 2016 with a Bachelor's degree in Mechanical Engineering and a GPA of 3.22.
The U.S. industrial market experienced strong net absorption in Q3 2018, with overall vacancy remaining at historic lows despite increased construction. Demand was broad-based across regions and product types, with the South and West leading in absorption. Rents continued rising above 5% annually in over half of markets as demand outstripped supply in a tight market. The development pipeline expanded but speculative construction remains concentrated in top markets, indicating limited overbuilding risk through 2019.
C&W Marketbeat - Canadian Industrial Report- Q2-2014 Guy Masse
This document provides a summary of industrial real estate market conditions across Canada in the second quarter of 2014. Key points include:
- The Alberta economy continued to outpace other regions, driven by growth in the oil and gas industry. This fueled record industrial real estate absorption in Calgary.
- Central Canadian markets struggled due to slow economic growth, though momentum was starting to improve in the second quarter.
- Strengthening US economic conditions are expected to increase demand for Canadian goods and services, benefiting industrial markets going forward.
Trump100 days- Implications for the Property Markets Guy Masse
PRESIDENT TRUMP'S ADMINISTRATION & ITS IMPLICATIONS FOR THE PROPERTY MARKETS
Measuring the success of a new Administration by its first 100 days is a tradition, and President Trump reaches his first key milestone with campaign promises to overhaul Washington and jump-start the economy. This special report provides a perspective on:
How key economic indicators (inflation, job growth) and commercial real estate are performing so far
The status of key policy proposals, including trade and defense
What to watch for beyond the first 100 days
This newsletter introduces a new publication called "EYE ON THE MARKETS" that will analyze macroeconomic trends, investment management, and equity market movements. The author argues that macro events have an overwhelming influence on stock markets, and periods of calm have been interrupted by market sell-offs due to crises in Europe, the US, and Asia. Investors need to carefully manage their portfolios and prepare contingency plans for different scenarios. Some positive factors are signs of recovery in corporate earnings, manufacturing, and technology, though continued global uncertainties remain.
The National Multifamily Index ranks major U.S. markets based on projected vacancy rates, rent growth, and employment gains. San Francisco and San Jose rank at the top due to strong job growth, low vacancy, and high rents. Markets in the Pacific Northwest and Northeast also rank highly. Atlanta and Riverside-San Bernardino moved into the top 20 due to improving economies and property performance. Midwest markets rank in the lower third despite favorable demand drivers. Supply growth will challenge some markets like Houston and Tampa.
U.S. MarketBeats provide an overview of quarterly CRE activity and trends, a snapshot of current economic and capital market conditions as well as market-level statistics on key metrics.
The U.S. economy in 2016 was characterized by steady growth in the face of uncertainty. The year began with steep declines in global equity markets in response to concerns about a slowdown in China, the Europe replaced Asia as the focal point of global anxiety after the Brexit vote. In the fourth quarter, the U.S. unexpectedly elected Donald Trump as President. Despite uncertainty, the economy continued to add an average of 180,000 jobs per month during 2016.
Transition in Asia – How to grasp opportunities & meet new challenges in a tr...Zubin Poonawalla
1. The economies of Asia are in a state of transition as technology, consumer behavior, manufacturing, and security have all affected daily operations. This transition presents both challenges and opportunities that must be considered.
2. Demand in Asia has remained constant despite the global economic slowdown. The recovery of the Indian economy is on track and signs point to continued growth in 2016. E-commerce is growing rapidly, especially in China and India, driven by increased internet connectivity and use of mobile devices.
3. Over the next decade, 500 million new middle-class households will emerge in Asia, further driving consumer demand. This will contribute to the tight labor market and income growth in the region. Technology is changing both consumer
The document provides an overview of Lee & Associates, a commercial real estate services firm with over 870 agents and $12 billion in annual transaction volume. It then summarizes national industrial market trends in the second quarter of 2016, including steady vacancy declines, strong net absorption, and rising rental rates. Finally, it offers a outlook for continued positive industrial market conditions in the short term, followed by a potential slowing of growth in 2017 due to global economic uncertainties.
For all those that missed out last month in Chicago, we’ve crafted a full round up of our 3PL Summit & CSCO Forum. There’s coverage of the major sessions at the event, as well as up-to-date market research on the latest trends set to impact the industry.
The document provides an overview and outlook of the 2018 used car market from Cox Automotive. It finds that positive economic indicators in 2017 such as rising stock prices, home values, and consumer confidence bode well for continued strong vehicle sales in 2018, especially used vehicles. However, risks include rising interest rates from Federal Reserve rate hikes and a potential increase in inflation. Cox Automotive forecasts used car sales will rise slightly to 39.5 million units in 2018 while new car sales will dip slightly to 16.7 million. The report provides insights into key factors that will influence the used car market in 2018 such as the economy, jobs, consumer spending, auto loans rates and the Federal Reserve.
WINNING IN GROWTH CITIES /ACushman & Wakefield Capital Markets Research Publi...Guy Masse
This report has been prepared by the Research and
Capital Markets teams at Cushman & Wakefield to
identify the winning cities in today’s international real
estate investment market. The executive summary
looks at the largest and fastest growing cities in
investment terms and the differences in pricing,
as well as demand and activity between sectors.
The document discusses key economic dynamics affecting corporate success in a globalized world. It notes that since the late 18th century, international economic bonds have strengthened through increased global trade, capital flows, and investment opportunities. This has opened new markets for corporations in places like Central and Eastern Europe, Latin America, and Asia. However, weaknesses in the US economy like a lack of competitiveness and protectionism have eroded its technological advantage relative to countries like Germany and Japan that maintain close industry-government cooperation. Macroeconomic indicators in the US like GDP, inflation, unemployment, and interest rates have also been negatively impacted by the global economic crisis. For companies to succeed in this environment requires prudence, expanding operations to benefit from economies of scale
This document provides an outline for a report on offshoring. Section I discusses reasons why companies engage in offshoring, including lower labor costs, advances in technology and telecommunications that allow work to be done remotely, and access to new markets. Section II covers different types of sourcing strategies such as offshoring, outsourcing, insourcing, and nearshoring. Section III discusses benefits of outsourcing, including cost savings, increased efficiency, risk management, and competitive advantages from flexibility and 24/7 operations. Section IV notes potential disadvantages like loss of control, hidden costs, quality issues, and cultural problems.
Colliers North American Industrial Highlights Q1 2013Coy Davidson
The industrial real estate market has seen strong performance for the past eight quarters, with declining vacancy rates and absorption outpacing new construction. However, the document warns of potential "blind spots" that could endanger the market's strong run. Low interest rates and high investor demand have compressed cap rates and driven up prices. While fundamentals remain sound, overheated conditions and a potential economic slowdown pose risks if not properly considered. The market will need robust job and GDP growth to sustain its gains into the future.
The document provides an overview and forecasts for office markets globally from 2014-2015. Key points include:
- Efficiency and quality workspace are driving trends as companies seek to reduce costs and increase productivity. Vacancy rates may rise short-term as new supply comes online.
- Rents are expected to rise modestly in most major markets. Demand will be strong in tech and energy sectors, supporting certain US and Asian markets, while Europe shows signs of stabilization.
- Workplace transformation is a growing priority to attract talent and encourage innovation, with factors varying by industry and region. Cost savings remain a key motivation but culture and collaboration are increasingly important.
Strong fundamentals drive US dealmaking despite macro-economic and political uncertainties. First-half activity remains on a par with 2016 as strong fundamentals continue to drive M&A.
Though US M&A faced challenges in H1 2017, the figures show that the market is active and vibrant. There were 2,413 deals worth US$588.5 billion recorded in H1 2017, up 0.5 percent by value compared to US$585.4 billion registered in H1 2016. If activity continues at its current level, US dealmaking is on track for another strong year.
This document provides an analysis of investment opportunities across various sectors, equities, and fixed income assets as part of a U.K. hedge fund portfolio. Specifically, it sees opportunities in consumer discretionary, technology, and communications sectors due to economic expansion. Individual stock picks highlighted for their growth potential include Amazon, SuperCom Ltd., Tesla, Netflix, and Disney based on factors like revenue growth, market opportunities, and financial ratios. The portfolio aims to outperform benchmarks like the S&P 500 through these cyclical and growing positions.
Keegan Dwyer is seeking a junior developer position where he can leverage his skills in technologies like Docker, AWS, Git, Java, C/C++, and MATLAB. He has internship experience with Workiva and Bunchball where he implemented automatic deployments using AWS, wrote Docker files, and assisted other developers. Keegan also has experience with school projects involving Android app development, data structures, algorithms, and database queries. He graduated from Iowa State University in December 2016 with a Bachelor's degree in Mechanical Engineering and a GPA of 3.22.
El documento resume la evolución histórica de la educación física desde los tiempos antiguos hasta el Renacimiento. En la antigua Grecia y Roma, la educación física se consideraba indispensable para la salud y la supervivencia, y los griegos crearon los Juegos Olímpicos. Durante la Edad Media, el deporte dejó de practicarse debido a la influencia de la Iglesia, pero volvió a recomendarse durante el Renacimiento para promover la salud.
1) The media product challenges some conventions of horror films by setting most of the story in a family household rather than run-down or dark locations, and by having the main threat be an innocent-looking doll rather than a human villain.
2) It follows some conventions through its use of suspenseful music, quick cuts, and fade transitions in editing, as well as special effects like extreme close-ups and opacity that create an unsettling atmosphere.
3) Some unique aspects include using only one nursery rhyme music track throughout, intentionally making the video quality seem degraded with static effects, and ending with an additional teaser clip rather than showing the title.
Slideshare es un sitio web que permite a los usuarios subir y compartir presentaciones de PowerPoint, documentos de Word, PDF y portafolios de manera gratuita e either pública o privada. Los usuarios pueden aprender e inspirarse de las presentaciones subidas por otros o colgar sus propias presentaciones. Para crear una cuenta, el usuario debe registrarse proporcionando su nombre, correo electrónico y contraseña y luego confirmar la cuenta a través del correo electrónico. Una vez registrado, puede subir presentaciones de hasta 30MB que serán convertidas a formato
This document summarizes a study that used remote sensing to map reclaimed strip mines in the Mill Creek Watershed in Pennsylvania. Landsat 5 satellite imagery from 1984 and 2011 was analyzed using NDVI and image differencing in ENVI to detect changes in vegetation over time. Historic topographic maps from 1967-1969 were also digitized to delineate originally mined areas. The results identified over 2,000 acres that were historically mined, and that at least 27% of those areas showed extensive increased vegetation, particularly near Jones Run. The final product is a field map detailing reclaimed mine locations, historically mined areas, and areas of increased vegetation.
El medio ambiente se refiere al entorno que afecta y condiciona la vida de las personas y la sociedad. Incluye valores naturales, sociales y culturales como seres vivos, agua, suelo, aire y sus interacciones, así como elementos intangibles como la cultura. El medio ambiente está compuesto por factores físicos, biológicos y socioeconómicos externos como la geografía, clima, población humana, flora, fauna, ocupaciones laborales y urbanización que interactúan con los seres vivos.
The document describes some of the historic sites in the city of Leon, Spain. It includes photos and references to the old town of Leon, walking around the streets of Leon, the church of San Isidoro, the city hall building, and the Leon Cathedral, highlighting the cathedral as a beautiful landmark.
The Earth is the only planet that supports life, but it is now endangered due to problems like global warming, melting ice caps, and rising water levels caused by climate change. To save the Earth, individuals need to conserve water, plant trees, recycle waste, use renewable resources, and stop deforestation.
One shoulder bridesmaid dresses gudeer.comGudeer Kitty
The document is from a website called Gudeer.com that sells one shoulder bridesmaid dresses. It advertises their collection of high quality one shoulder bridesmaid dresses that are on sale. It shows pictures and prices for 4 different one shoulder bridesmaid dress styles available for purchase. Additional information is provided at the bottom about contact details, shipping policies and size charts.
Lee & Associates is a commercial real estate firm with 887 agents and $12 billion in annual transaction volume. It has offices across the US and Canada. The document summarizes key industrial real estate market trends in 2016, including declining vacancy rates, strong demand from e-commerce companies, record acquisition prices, and rising rents. It predicts the industrial market will continue expanding in 2017 due to a growing US economy and steady demand for distribution space.
The document discusses entering the US market and provides reasons why it is beneficial. It summarizes that the US has the largest economy in the world, consistently grows, and offers many opportunities. It then lists PSD Global as an expert consulting firm that can help companies enter the US market successfully and outlines their services and approach.
Paine Wetzel/TCN 2016 Q4 State of the Market: Central EditionMarc Hale
TCN Worldwide is a consortium of 1,500+ commercial real estate professionals providing services in over 200 markets worldwide. It manages approximately $38.8 billion in transactions and 80 million square feet of space annually. The US economy grew at a moderate 2.3-2.4% in 2017-2018 according to forecasts, with some fiscal stimulus in the short run under the new administration. Commercial real estate transaction volumes declined in the central US region in 2016, with office down 20.6%, industrial down 45.4%, and retail down 9.7% compared to the previous year.
The industrial real estate market has performed well for the past eight quarters, with declining vacancy rates and absorption outpacing new construction. However, the document notes some potential "blind spots" or risks to this strong performance continuing. Low interest rates and a weak economy could be artificially inflating real estate values. Additionally, compressed cap rates, increased construction levels, and a potential economic downturn could threaten the market's recent gains. While manufacturing and e-commerce are growing, continued subpar GDP growth could undermine long-term demand for industrial space if the economy does not improve.
The Houston industrial market saw 13 million square feet of new inventory added in 2019. Vacancy rates increased to 6.9% in the fourth quarter, though net absorption remained positive at 2.4 million square feet. Demand continues to be driven by logistics, distribution, and e-commerce users, though an oversupply of spec construction may challenge landlords in some submarkets. Overall, the Houston industrial market had a solid year with healthy absorption and job growth.
This document analyzes commercial real estate transaction and pricing trends in April 2015. Key points:
- Total commercial property sales were $29.5 billion in April, unchanged from the prior year. Apartment sales paused while other sectors grew.
- Cap rates are generally flat year-over-year except industrial, which increased 30 basis points.
- Portfolio and entity-level deals accounted for 28% of April volume, down from 37% in Q1 2015.
- The Moody's/RCA national composite price index was up 16% in Q1 2015 from a year ago, with prices now 8.5% above pre-crisis peaks on average. Price recovery has varied by sector and location
BoyarMiller Real Estate eBook August 2013 State of the IndustryBoyarMiller
The document provides an overview of the 2013 state of the real estate industry in Houston, Texas. Some key points:
- Houston added over 86,000 jobs in the past year and leads the state in job and population growth. Top industries driving growth are energy, healthcare, and foreign trade.
- Predictions for 2013 include Houston's population doubling in 25-30 years, residential and commercial real estate prices rising due to demand outstripping supply, and industrial vacancies remaining very low.
- The chairman of BoyarMiller, a law firm, introduces the publication and emphasizes the importance of understanding clients' industries to provide strategic guidance beyond just legal advice.
The document summarizes Houston's industrial real estate market performance in Q1 2020. It notes that vacancy increased to 7.9% from 6.9% in Q4 2019. Net absorption remained positive at 3.2M SF despite economic challenges from low oil prices and COVID-19. Rental rates increased slightly. The market faces short term uncertainty from the pandemic's economic impact, but the industrial sector is expected to outperform other commercial real estate over the long run due to growth in e-commerce, inventory stockpiling, and potential supply chain changes.
Cushman & Wakefield 2016 Capital Markets OutlookMatthew Marshall
The document provides an overview of global real estate investment trends in 2015 and an outlook for 2016. Some key points:
- Global property investment volumes fell 2.4% in 2015, the first decline in 6 years, driven by lower volumes in Asia, notably for development land. Excluding land, volumes rose 8.2%.
- The US saw the strongest growth at 25% and accounted for 39% of global volumes. Yields fell globally but recovery has been uneven by region.
- In 2016, core assets in major cities will remain popular. Demand will need to spread to new sectors and markets to find opportunities. Emerging markets may stabilize later in the year.
- Structural changes like
Welcome to the Cushman & Wakefield Atlas Outlook 2016,
an update on the International Investment Atlas that reviews
how the market performed last year and, more particularly,
what we should anticipate for the year ahead.
We have examined a series of questions when approaching this publication: what are the key forces
driving and transforming the global market? Who will be the winners in this volatile environment?
How should a subsequent investment strategy be most advantageously aligned?
Of course, in a highly uncertain but fast changing world, the need for insightful research is
increased – but the task of delivering a robust and well-considered view is made more difficult. By
bringing together expert opinion from across our capital markets, occupier and research teams
around the world, we have sought to answer this challenge and hope you agree we have delivered a
concise but thoughtful review of the state of the market and the outlook for the year ahead.
Naturally, any research can only be enhanced by further industry insight. To help us continuously
improve our Atlas Outlook, we would value your thoughts, comments or suggestions. Feel free to
share these via our Cushman & Wakefield social media
channels or by contacting our capital markets or research teams directly.
Karen Hanover - Commercial Real Estate - IRRKaren Wagner
Karen Hanover presents commercial real estate market analysis for 2017 by Integra Realty Resources. For more real estate investing tips and tricks, go to http://karenhanover.biz
2019 top us-markets-for-large-multifamily-investment-reportLane Kawaoka, PE
[I did not find this report one bit useful as I like secondary and tertiary markets that do better than these top tier markets... and cashflow] SimplePassiveCashflow.com/mfh
Corporate and shareholder sentiment towards MA has rebounded since the dark days of 2008. Low borrowing costs have coaxed many new buyers, including acquisitive Chinese conglomerates, into the market. The prices of prized assets have risen accordingly. It remains a sellers market in technology-driven deals, particularly in the consumer-goods, financial services, and media and telecommunications sectors.
The document provides a quarterly market report on the Houston retail sector in Q1 2020. It summarizes that the sector was healthy in Q1 but will be negatively impacted by COVID-19 going forward. Key statistics for Q1 2020 include a vacancy rate of 5.4% and 429,013 SF of net absorption. However, retail has been hardest hit by the economic shutdown, and vacancy is predicted to spike to over 12% with store closures. The future impact on the sector is difficult to predict due to the pandemic.
This report has been prepared by the
Cushman & Wakefiled Research team to identify the winning
cities in today’s international real estate investment market. The
report looks at the largest and fastest growing cities in investment
terms and differences in pricing, as well as crossborder demand
and activity.
Q1 - 2015 North American Industrial HighlightsCoy Davidson
The North American industrial vacancy rate declined 15 basis points to 6.7% in Q1 2015. Net absorption was strong at 63.1 million square feet, while 52.0 million square feet of new space was added. Healthy demand and a need for modern space has led to an upswing in construction activity in both the US and Canada. Tightening market conditions have pushed up industrial rents, with average US warehouse rents rising 2.2% to $5.16 per square foot.
The document analyzes real estate market cycles across five property types (office, industrial, apartment, retail, and hotel) in 54 metropolitan areas in the US. It finds that in the third quarter of 2018:
- Office occupancy increased slightly while rents grew modestly. Most markets are in the growth phase.
- Industrial occupancy was flat while rents increased. Demand is driven by e-commerce buildouts.
- Apartment occupancy increased slightly while rent growth was mild. Supply increases may be moderating.
- Retail occupancy was flat while rents grew slowly. Most markets are at peak occupancy.
- Hotel occupancy declined slightly while room rates increased. Over-supply risks exist in some markets.
International investment atlas 2014 pdf 13th marchLAZOVOY
The document provides a summary of global commercial real estate investment trends in 2013 and 2014. Some key points:
- Global investment volumes increased 22.6% in 2013 to $1.18 trillion, the highest level since 2007, as confidence and liquidity increased. However, the recovery remains uneven across regions and countries.
- Office and development sites were the largest investment sectors in 2013. China remained the top investment market due to land sales, while the US, UK, Japan, Germany, and Australia also saw strong growth. Emerging markets showed mixed results.
- Cross-border investment rose significantly as investors sought yield and diversification. Asian, Middle Eastern, and global investors increasingly looked outside their home regions
1. Savills Studley Report
National office sector Q1 2015
Savills Studley Research
National
SUMMARY
Market Highlights
AVAILABILITY NUDGES UP
As leasing slows in many of the largest
markets, and new construction activity
intensifies the national overall availability
rate rose from 16.9% to 17.0%. The rate
increased in seven markets and was
unchanged in four others. Houston, which
has the nation’s largest office development
pipeline, posted a 2.7 pp quarter-on-quarter
increase in its availability rate, rising to
20.5%. Dallas/Fort Worth’s availability
rate rose by 0.6 pp to 22.3%. Orange
County, down by 1.6 pp to 13.0%, was
the only market with a notable decline. The
national Class B and C availability rate was
unchanged at 15.8% but the Class A rate
rose by 0.2 pp to 18.1%.
ASKING RENTS CONTINUE INCREASE
The national overall rental rate rose for the
14th consecutive quarter, ticking up by
0.9% from the prior quarter. The national
average Class A rent jumped by 1.5% to
$36.52. New construction in several markets
including New York and a limited supply of
big blocks of quality space in others such as
San Francisco and Denver have contributed
to the steady growth. Class A rents posted
quarter-on-quarter increases of 3.6% in New
York City to $79.47 and 3.4% to $61.07 in
San Francisco.
“The unbridled pursuit of talent
by rapidly expanding tech and
media firms captured most of the
headlines in 2013 and 2014. Of
late, though, more businesses are
chasing the American consumer –
adding employees and office space
in lower-cost markets that have a
strong demographic upside.”
Keith DeCoster,
Savills Studley Research
2. 02
Savills Studley Report | National
Talent, Cost and Demographics
Talent has been appropriately heralded as the
new global currency. The unbridled pursuit of
employees with specialized skills, particularly
by TAMI companies, solidified the “most-
favored market” status of a handful of cities –
San Francisco, Manhattan, Boston and Austin.
With the exception of Austin, these are all
high-cost markets with exorbitant costs to hire
employees and lease space to house them. As
the U.S. recovery has gained traction in the last
several quarters, though, a wide cross-section
of businesses have started to follow the bread
and butter of the $14-trillion U.S. economy –
the American consumer. In turn, the markets
winning the biggest corporate site selections
in roughly the last four to eight quarters have
a relatively even mix of three key assets – they
have a deep pool of talent, lower costs and
promising demographics.
Sunbelt Markets Rebounding
Setting aside the weak March report, the U.S.
has added roughly 3.0 million new jobs in the
last year, the strongest stretch of job growth
since the 1990s. Household income growth is
still tentative and uneven but there are some
initial signs that wage growth is spreading
beyond a few specialized "skill-starved"
sectors such as tech. Households have been
spending more on durable goods such as
electronics, automobiles and of late, perhaps
housing. An extended period of gas prices
well below $3.00/gallon should provide even
more impetus to household spending. Sunbelt
markets such as Atlanta, Dallas/Fort Worth,
Austin, Phoenix and Tampa Bay/Orlando, as
well as the Mountain West, stand to gain most
from lower gas costs. They also have the
strongest upside in terms of population growth,
household formation and consumption.
As a percentage of inventory, net absorption of
office space is accelerating rapidly in many of
the aforementioned Sunbelt markets. Annual
net absorption as a percentage of inventory
averaged 1.7% to 3.0% in these markets, well
above the national average of 1.1%. Pent-up
demand in auto sales, household consumption
and housing sales has the strongest upside
in the South and West and these areas also
stand to benefit most from falling gas prices.
In contrast, most Northeast markets (with
the exception of Boston) and those in the
Midwest are lagging, with net absorption as a
percentage of inventory often falling short of
1.0%.
Auto Sales - A Good Road Map
The release of pent-up demand in auto and
housing sales has been the basis for optimistic
Source: Bureau of Labor Statistics
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
-6.0%
-5.0%
-4.0%
-3.0%
-2.0%
-1.0%
0.0%
1.0%
2.0%
3.0%
4.0%
25
26
27
28
29
30
31
Millions
National Office Emp. U.S. - % Annual Change
Office-Using Employment Trends
$31.77
$36.52
$24.84
$28.49
$0
$10
$20
$30
$40
1Q10 1Q11 1Q12 1Q13 1Q14 1Q15
($/sf)
Class A Class B & C
Asking Rent Trends
18.1%
20.8%
15.8%
17.6%
0%
5%
10%
15%
20%
25%
1Q151Q141Q131Q121Q111Q10
(%)
Class A Class B & C
Availability Rate Trends
3. savills-studley.com/research 03
Q1 2015
Tenant Sq Feet Address Market Area
US Marshal Service 332,964 1215 S Clark St, Arlington, VA Northern Virginia
Markit North America 141,832 5 Manhattan West, New York, NY New York
Harland Clarke Corp 141,332 240 America Pl, Jeffersonville, IN Louisville
Harman Professional Inc 128,974 8760 S Sandy Pky, Sandy, UT Salt Lake City
Sharp HealthCare 100,000 16909 W Bernardo Dr, San Diego, CA San Diego
New Advisory LP c/o PJT Partners LP 98,740 280 Park Ave, New York, NY New York
American Imaging Management Inc 93,678 540 Lake Cook Rd, Deerfield, IL Chicago
Apttus Corporation 90,128 1400 Fashion Island Blvd, San Mateo, CA San Francisco
US General Services Administration 84,606 250 E Street SW, Washington, DC Washington, DC
McGladrey LLP 83,200 80-100 City Sq, Charlestown, MA Boston
forecasts of stronger growth going back to
2012. Auto sales are now nearly even with
pre-recession trends and are expected to
push as high as 17.0 million vehicles in 2015.
A stronger auto sector is benefitting a lot of
different markets, supporting expansion at ad
and media agencies in expensive talent-laden
cities such as New York and Los Angeles.
Many carmakers are also renewing their push
to compete with Apple and Google in the race
to develop “connected car technology.” It is no
surprise that BMW and Tesla are basing some
of these R&D operations in Silicon Valley, but
they also have development groups in Chicago
and Detroit, respectively. Even some of the
most cash-rich companies are starting to show
concerns about costs, pushing them to tap into
deeper and less expensive talent pools in the
Midwest.
Sunbelt markets seem to be gaining the
most from resurgent auto sales though. They
have ample lower-cost talent and unlike the
Midwest, Northeast and Southern California, a
strong demographic upside. In Orange County,
Hyundai Capital recently leased 178,000 sf,
snaring one of the last big blocks in the Airport
Area. Mercedes Benz USA’s decision to move
its headquarters from Bergen County, New
Jersey to the Central Perimeter in Atlanta is
just the latest case of an automaker relocating
from a high-cost market to a lower-cost one.
Mercedes Benz's relocation, which is yet
another body blow for Northern New Jersey,
was motivated in part by Atlanta’s lower cost
of real estate and taxes, as well as proximity
to Mercedes' production plant in Alabama
and shipping in South Carolina. However, the
company's CEO ultimately highlighted talent,
saying the move would position them to be
competitive for the next 50 years.
Housing Still a Road Block
The auto sector is critical to the U.S. economy
– even to office markets – because of its
spillover effects on finance, advertising and
engineering. No sector has as potent a
spillover effect as the U.S. housing market
though. Moody's estimates that every new
home built creates two other jobs in fields that
feed off housing such as finance, home goods
stores and local retail. The U.S. housing sector
is still stumbling a bit. New homes sales rose
sharply in February to an annualized pace of
539,000 but this was still was less than half of
the pre-recession peak of 1.2 million per year.
Some Investors Stick to the
Straight and Narrow Path
While manufacturers of consumer staples and
durable goods are following the American
consumer, most institutional investors are still
a bit wary of many of these high-growth/low
cost markets. They continue to focus much of
their attention on the core gateway markets.
Investors acquired $120 billion in U.S. office
properties during 2014, but the so-called big
six metros (New York City, San Francisco,
Boston, Washington, DC, Los Angeles and
Chicago) captured $42 billion of the sales.
Buildings in these “most-favored markets"
are selling for $200 to $300/psf higher than in
nearly all other markets.
A bit of a shift could be at hand though as
more value-add/opportunistic investors buy
properties in markets that are seen as having
an upside. Rental rates – both asking and
effective – are back to their pre-recession norm
in only five of the 35 largest markets. There
is more room for rental rate appreciation in
the balance of the markets, creating a strong
upside for value-add/opportunistic investors.
Investors willing to take on somewhat more
risk are venturing out of the gateway markets,
and they are hoping to hit a trifecta. They want
to spend big, capture a higher yield and add
assets that align with shifting demographics.
The bigger the deal, the more interest it draws
from investors who need to get out a lot
more capital. Investors are showing strong
interest in specialty properties that offer higher
yields - a 7%-plus cap is a big deal in today's
environment. Investors are not only seeking out
assets with higher yields, but also properties
that align with demographic shifts. This made
multi-family the darling of investors (and
developers) early on in the cycle.
More recently, the vast increase in the number
of people over age 65 has investors targeting
medical office space and outpatient clinics.
It is estimated that in the next 10 years the
number of people over 65 in the U.S. will
increase by 17 million. Medical offices and
assisted living facilities often offer higher yields
and have the added advantage of aligning with
an aging U.S. population. Veritas paid $2.6
billion for a portfolio of medical and assisted
living properties that included 78 medical
offices and 46 senior living facilities. American
Capital Realty Trust sold the buildings at a
6.3% cap rate.
Availability Rate Comparison Rental Rate Comparison
Major Savills Studley Transactions
$70.53
$59.32
$49.53
$39.22
$34.57
$33.15
$31.02
$30.67
$29.65
$29.55
$27.84
$26.76
$25.88
$25.20
$23.95
$22.10
$21.54
$21.17
$0 $20 $40 $60 $80
New York City
San Francisco
Washington, DC
Silicon Valley
Chicago CBD
US Index
Los Angeles Region
Northern Virginia
Houston Region
San Diego
South Florida
Philadelphia CBD
New Jersey
Orange County
Denver Region
Dallas/Ft Worth Region
Atlanta Region
Tampa Bay
($/sf)
Overall Rental Rate Comparison
7.7%
10.6%
10.7%
13.0%
13.6%
14.3%
15.9%
16.3%
17.0%
17.4%
17.6%
17.8%
18.0%
20.5%
21.2%
22.2%
22.3%
26.4%
0% 10% 20% 30%
San Francisco
New York City
Silicon Valley
Orange County
Washington, DC
Philadelphia CBD
Chicago CBD
Denver Region
US Index
Tampa Bay
San Diego
South Florida
Los Angeles Region
Houston Region
Atlanta Region
Northern Virginia
Dallas/Ft Worth Region
New Jersey
(%)
Availability Rate Comparison