Market Data

International Beat(4)

Australia’s Big Deal

The Indigenous Land Corp. purchased the Ayers Rock Resort for US $300 million from GPT Group in one of Australia’s largest single-asset transactions. The resort is the country’s biggest hospitality asset, comprising six hotels, a lodge, a campground, the town of Yulara, the Ayers Rock Airport, and more than 24,000 acres of land.

2011: Direct

Commercial Real Estate Investment
Projected at more than $350 billion, 2011 global direct commercial real estate volumes will be the highest since 2008.
Source: Jones Lang LaSalle

Markets to Watch

EMEA — Retailers plan to expand into 38 countries by year-end 2011; Germany, Poland, France, Spain and the U.K. are their top five targets, according to CB Richard Ellis. However, more than 25 percent of retailers surveyed also picked Russia, Czech Republic, Italy, and Austria as potential retail locations.

2011: CBD Office Rental Increases


+20 to 10%

+10 to 5%

+5 to 0%

0 to -20%

Hong Kong

Moscow, Singapore, Tokyo, London, New York, San Francisco, Washington, D.C.

Shanghai, Sao Paulo, Paris, Toronto, Sydney

Mumbai, Frankfurt, Amsterdam, Brussels, Chicago, Los Angeles

Mexico City, Madrid, Dubai

Source: Jones Lang LaSalle

“Overall, during the past year, the vacancy rates for [Moscow] warehouse space declined from 18 percent to 7 percent. By the end of 3Q10, class A rents rose from $100 per square meter to $110 psm annually.”
— Vladislav Ryabov, Colliers International, Moscow


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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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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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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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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