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Backed by Democratic majorities in the House and Senate, the new president will be in the clear to raise taxes and pursue a progressive agenda.
A $25bn fund in the latest relief package will bring needed aid to apartment owners and renters, but pandemic losses continue to mount.
PERE’s 10 most-read articles of 2020 reflect the industry’s desire to know how the pandemic would impact it.
Prolonged uncertainty about the US presidential race will not be enough to cause meaningful disruption to the country’s private real estate market.
The head of Brookfield Property Partners explains why the $550bn manager remains keen on retail and New York offices despite questions raised by covid-19.
The vehicle’s limited partners, including Azora and BNP Paribas Real Estate, are betting on technology to help them become better property investors.
Pricing
Real estate went against the trend, with the average top bid dropping from 81.04% of NAV to 79.88%, according to data from the intermediary.
The London-based manager has decided a market boasting 7% yields is worth buying into, despite its high vacancy rate and today’s general uncertainty towards the sector.
The region’s diversity of currency, regulations and valuation approaches are among the obstacles to making performance reporting more uniform.
For the industry groups spearheading the global initiative to standardize reporting, the pandemic has created new reporting requirements that may remain for the long term.
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