International 07 March 2012 13:31
Senior industry leaders gathered at the exclusive pre-MIPIM 2012 event hosted by CREOpoint CEO J.C. Goldenstein to share both their expectations for the week and their sentiments on the global real estate environment.
The mood among participants was mostly positive. After sitting on the sidelines for several years, yield-starved investors are eager to find new opportunities. Howard Roth, global real estate leader for Ernst & Young L.P., was “cautious but positive, even in Europe, thanks to the recent stimulus,” he said. “There’s plenty of equity looking for a home this year.”
Demitrios Louziotis, senior vice president of global real estate solutions at ARGUS Software, may have best summarized the mood. "This time last year, the champagne glass was half full,” he said. “When we got to the fourth quarter, we realized the bottle was empty. Now the question is where is the next bottle coming from -- and who's bringing it."
You May Also Like
WorldVentures expanded its global headquarters to 125,000 square feet at Legacy Tennyson Center, while Affinion Group signed a lease contract for 17,153 square feet.09 February 2018 15:45
Located at 9460 N. Virginia St. in Reno, Nev., Mary’s Gone Crackers, a Class A manufacturing and distribution center, was purchased for more than $29 million by LBA Realty. A partnership between Kidder Mathews and JLL Capital Markets represented the seller.28 November 2017 17:17
Eyzenberg & Co. arranged the construction loan for a 42,000-square-foot, oceanfront mixed-use complex located in Myrtle Beach. Several tenants are already lined up to for the development.13 November 2017 16:52
Rents continue to grow at a solid rate, thanks to steady job gains as the region’s economic cornerstone, the industrial sector, is surging.05 February 2018 16:42
Built in 2016, the two-story facility houses a 24,563-square-foot accredited ambulatory surgery center with five operating rooms and 20 prep and recovery rooms.24 April 2018 19:17