CPE’s Top 5 June Posts
- Jul 02, 2018
The property will encompass 3.8 million square feet of retail, entertainment and office accommodations at Skycity, a 60-acre commercial development at Hong Kong International Airport.
Development firms leading the Year-End 2016 CPE-MHN Top Developers ranking posted robust construction growth and geographic and property-sector diversity.
The Bernstein Cos. and Boston Properties are developing the project, which will bring both the hospitality company’s headquarters office and a Marriott hotel to downtown Bethesda, Md.
Just as corporations are competing in the war for talent, office owners are striving to attract top-quality tenants by bringing hospitality-like amenities and services to their buildings.
Commercial real estate transaction volume has declined from its 2016 peak, but remained relatively strong in 2017 and the beginning of 2018 compared to the early years of the current cycle.
Image courtesy of New World Development Co. Ltd.