U.S. Office Market Remained Strong in Q3 Says Cushman and Wakefield
Demand for US office space continued to be strong in Q3 of 2018 with stable leasing volumes, rising asking rents, and solid absorption, according to […]
Jones Lang LaSalle Acquires ValuD Consulting
Global real estate company Jones Lang LaSalle (JLL) announced on October 3 an agreement to acquire ValuD Consulting, a leading provider of IBM software integration […]
Hyatt Acquires Two Roads Hospitality Group for $480 Million
Hyatt Hotels Corp. on Monday announced its intent to acquire boutique hotel company Two Roads Hospitality for a base price of $480 million, reported the San Francisco Chronicle. […]
Vacancy Rates at U.S. Malls Reach a 7-Year High
Vacancy rates in enclosed regional malls jumped to 9.1% in Q3 2018, the highest rate since Q4 2011, according to real estate research firm Reis […]
Swedish Company Creates the First Carbon-Positive Data Center
EcoDataCenter, a Swedish company dedicated to building energy-efficient data centers, created its first ever carbon-positive data center, which integrates with the surrounding energy ecosystem to reuse […]
Keller Williams and Reaology Join the iBuyer Fray
National real estate firm Keller Williams (KW) announced it was launching its own iBuyer program, which allows homeowners to list and sell their homes for […]
CBRE to Offer Valuation Services for Multiple Property Portfolios
Global real estate firm CBRE launched a new portfolio valuation service for clients with multiple properties in different geographies, reported GlobeSt.com. The new service will […]
Zillow Adds Canadian Listings and Enters a New Market with Instant Offers
Real estate web portal Zillow announced that it partnered with Canadian brokerage firm Right at Home Realty to send its direct listing feeds to the […]
Annual Hotel Key Performance Metrics Decline in September
Annual hotel key performance metrics declined in the U.S. during the week of 9-15 September 2018, according to data from STR. In comparison with the week […]
WeWork is Now the Largest Office Tenant in Manhattan
In a milestone development underscoring the growing demand for flexible office space, co-working company WeWork now is now the largest office space tenant in Manhattan, […]