Market Data

International Beat

Poland’s Big Deal

Amazon is coming to Poland: Panattoni Europe is set to deliver more than 200,000 sm to Amazon in two distribution centers located in Poznań and Wroclaw, Poland. “The distribution centers are the biggest contract in the history of Poland’s real estate market,” according to Robert Dobrzycki, managing partner for Panattoni Europe. Each center will employ up to 2,000 people, a definite boost to the local economy.

English Workers Gain Space

While space reduction in U.S. offices puts the squeeze on traditional office size, all this talk of 175 sf per worker is the music to the ears of U.K. office workers. Typical U.K. offices allocate 100 to 125 sf per worker, according to Knight Frank. Of course, personal office size probably won’t increase, but the addition of collaboration rooms and other interactive spaces will up the square footage of leases in U.K. office buildings.

“At $259 psf per year, London Central (West End) has replaced Hong Kong (Central) as the world’s most expensive office market. - CBRE

Markets to Watch

The 2014 FIFA World Cup and the 2016 Olympics have put Brazil on the map for hotel chains, which are hoping that domestic and regional tourism will fill the vast number of rooms they are currently planning and constructing in secondary and even tertiary markets, according to Brazil currently has 180 hotels comprising more than 30,000 rooms in the active pipeline, with Best Western, Wyndham Hotel Group, Accor, and the Four Seasons in the planning and building stages.

Spain looks much better than Italy,” says Joe Valente, European head of research for real estate at J.P. Morgan Asset Management. “Even though both countries will continue to battle strong headwinds, rental and capital values look as though they have reached the floor in Spain. In Italy, the downturn in values will run on for another year.”


Building Progress

Fall 2020

Moody's Analytics Reis Chief Economist Victor Calanog, Phd, CRE, outlines how construction in many sectors will fail to meet expectations for 2020.

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This Is the Altered Normal

Fall 2020

Esri’s data on consumer behavior, demographics, and employment can help real estate adapt in the COVID-19 world.

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Market Trends in Commercial Real Estate

Summer 2020

Office Renters Change Priorities in Wake of Pandemic | Recreational Real Estate on the Rise | Case Study: COVID-19's Impact on Eastern PA Big-Box Market | Hospitality Owners Have Reservations as Occupancy Drop | Seniors Housing Responds to Mounting Pressure from Pandemic | Mixed-Use Developments Can Keep It Local | Supply Chain Reacts to Social Distancing | Self-Storage Weathers Early COVID-19 Storm

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The CMBS Stress Test

Summer 2020

The commercial mortgage-backed securities market is particularly vulnerable amid the COVID-19 pandemic, with borrowers and lenders looking for creative solutions to unprecedented problems.

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