Heading into 2025, shopping malls and developers are in a good spot. Desirable available real estate is limited and shopping centers are transforming retail square footage into other uses, heightening the competition from brands and retailers seeking to open stores and putting landlords in strong lease negotiating positions. While there is little opportunity for ground-up … Read more
A Midtown South boutique office building has been purchased by Williams Equities for little more than half of its most recent sale price, Realty Check has learned — but there might be more to understanding the deal than the price tag indicates. Williams paid only $147.5 million for 470 Park Avenue South, an historic, 300,000 … Read more
Happy New Year, readers and welcome to 2025! It’s that time of year when I get to predict what this year might bring in the world of commercial real estate. I have a high bar to reach since my 2024 crystal ball was, in fact, crystal. So what might 2025 bring? Let’s get our Nostradamus … Read more
Residential 19th century style residential buildings in historic center of Paris, France. Kolderal | Moment | Getty Images Europe’s real estate sector is poised for further recovery in 2025, as investment activity picks up and growth returns across key market segments, analysts have predicted. A gradual uptick in transactions in 2024 looks set to gain … Read more
Taiwanese prosecutors are investigating new corruption allegations against Ko Wen-je, the former leader of the Taiwan People’s Party, the island’s third party. Ko, whose party holds the balance of power in the legislature, has already been charged with fraud over a real estate deal he approved as mayor of Taipei as well as misusing campaign … Read more
The following is a listing of all home transfers in the Passaic area reported from Dec. 23 to Dec. 29. There were 4 transactions posted during this time. During this period, the median sale for the area was a 1,617-square-foot home on Anderson Avenue in Wallington that sold for $525,000. Passaic 41 Quincy Street, Passaic, … Read more
Bollywood actor Kartik Aaryan is expanding his impressive property portfolio by purchasing two high-end properties in Andheri, Mumbai. With his rising success in the film industry, the actor is leveraging his increased financial standing to make strategic investments in both residential and commercial real estate. Kartik Aaryan buys two new properties in Mumbai’s Andheri: Report … Read more
It’s year-end look-back time, folks. But rather than put you to sleep with statistics, we’ll share a bunch of our favorite fun facts and phenomena from the ever-entertaining world of commercial real estate. OFFICES REDUX. Confounding predictions that work-from-home and high interest rates would kill the market for good, Manhattan’s best buildings have so little space … Read more
Plans to build the contentious Jefferson Parkway toll highway through Broomfield and Jefferson counties — part of a conspicuously missing segment in metro Denver’s 83-mile beltway — are set to come back to life after years of delays, resistance and litigation. But don’t expect the earthmovers and asphalt pavers to roar to life anytime soon on … Read more
Dubai: The Dubai Land Department (DLD) is set to introduce the new Smart Rental Index in January 2025. The move aims to improve the real estate market by fostering transparency, trust, and confidence among landlords, tenants, and investors. The new index will also provide users with up-to-date information on rental prices and availability, utilising advanced … Read more
