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News & Views
Ulster Bank Ready to Resume Lending for Commercial Real Estate Deals
Irish Independent (05/20/13) O'Donovan, Donal
Ireland's Ulster Bank is reportedly poised to re-enter the commercial real estate market with a limited appetite to advance new real estate loans and so-called vendor finance to bidders for the bank's own property-backed assets. The bank's U.K. parent, RBS, has signed off on allowing Ulster to make new loans for commercial property deals. It is the latest sign that lenders are attempting to resuscitate the market, partly due to the fact that banks themselves need an active market if they want to sell off their own boom era assets. Ulster Bank will... More
Abstract News © 2013 INFORMATION, INC.
Colliers International Strengthens, Integrates Global Corporate Solutions Platform
Wall Street Journal (05/16/13)
Colliers International has appointed Jeff Weidenborner to serve as its new executive managing director for its Corporate Solutions team in the Americas. Weidenborner will be responsible for regional and global business development, including collaboration with and support of Colliers brokers on joint pursuits. Colliers' Corporate Solutions platform has seen dramatic growth in the last three years. Scott Nelson, President, Corporate Solutions | Americas, remarks, "Since 2010, Corporate Solutions has won 32 contracts, and grown revenue by 300... More
Abstract News © 2013 INFORMATION, INC.
C&W Launches Legal Sector Benchmark Survey
GlobeSt.com (05/17/13) Morphy, Erika
Cushman & Wakefield late last week launched a benchmark survey for law firms that extensively queries them about their real estate needs and usage. The survey will eventually be used to track far-reaching trends. Sherry Cushman, executive managing director and head of C&W's Legal Sector Advisory Group, notes that the survey is following such eventualities as law firms that may go completely virtual. In the shorter term, the study can be expected to yield valuable information for more traditional – i.e. office occupying -- law firms looking to... More
Abstract News © 2013 INFORMATION, INC.
CBRE: Hong Kong Is Still the World's Most Expensive Retail Market, Followed by New York and London
Europe Real Estate (05/20/13)
CBRE Group Inc. confirms that Hong Kong continues to rank as the world's most expensive global retail market, registering prime rents almost 150 percent higher than New York and more than 400 percent higher than London and Paris. The firm's first-quarter 2013 survey tracked the top 10 most expensive prime global retail markets. It showed that strong demand from international retailers, in addition to a modest supply pipeline, has lead to record-high prime rental rates. Leading the pack is indeed Hong Kong, recording prime rates from January through... More
Abstract News © 2013 INFORMATION, INC.
Record €10Bn Raise in Progress for European CRE Debt - Preqin
Property Investor Europe (05/20/13)
Data group Preqin reports that investment managers are currently seeking to raise a record 10 billion euros for European real estate debt funds. That is more than quadfruple the amount they sought in 2012 and would account for 26 percent of the total raise for property... More
Abstract News © 2013 INFORMATION, INC.
Irish Independent (05/20/13) O'Donovan, Donal
Ireland's Ulster Bank is reportedly poised to re-enter the commercial real estate market with a limited appetite to advance new real estate loans and so-called vendor finance to bidders for the bank's own property-backed assets. The bank's U.K. parent, RBS, has signed off on allowing Ulster to make new loans for commercial property deals. It is the latest sign that lenders are attempting to resuscitate the market, partly due to the fact that banks themselves need an active market if they want to sell off their own boom era assets. Ulster Bank will... More
Abstract News © 2013 INFORMATION, INC.
Colliers International Strengthens, Integrates Global Corporate Solutions Platform
Wall Street Journal (05/16/13)
Colliers International has appointed Jeff Weidenborner to serve as its new executive managing director for its Corporate Solutions team in the Americas. Weidenborner will be responsible for regional and global business development, including collaboration with and support of Colliers brokers on joint pursuits. Colliers' Corporate Solutions platform has seen dramatic growth in the last three years. Scott Nelson, President, Corporate Solutions | Americas, remarks, "Since 2010, Corporate Solutions has won 32 contracts, and grown revenue by 300... More
Abstract News © 2013 INFORMATION, INC.
C&W Launches Legal Sector Benchmark Survey
GlobeSt.com (05/17/13) Morphy, Erika
Cushman & Wakefield late last week launched a benchmark survey for law firms that extensively queries them about their real estate needs and usage. The survey will eventually be used to track far-reaching trends. Sherry Cushman, executive managing director and head of C&W's Legal Sector Advisory Group, notes that the survey is following such eventualities as law firms that may go completely virtual. In the shorter term, the study can be expected to yield valuable information for more traditional – i.e. office occupying -- law firms looking to... More
Abstract News © 2013 INFORMATION, INC.
CBRE: Hong Kong Is Still the World's Most Expensive Retail Market, Followed by New York and London
Europe Real Estate (05/20/13)
CBRE Group Inc. confirms that Hong Kong continues to rank as the world's most expensive global retail market, registering prime rents almost 150 percent higher than New York and more than 400 percent higher than London and Paris. The firm's first-quarter 2013 survey tracked the top 10 most expensive prime global retail markets. It showed that strong demand from international retailers, in addition to a modest supply pipeline, has lead to record-high prime rental rates. Leading the pack is indeed Hong Kong, recording prime rates from January through... More
Abstract News © 2013 INFORMATION, INC.
Record €10Bn Raise in Progress for European CRE Debt - Preqin
Property Investor Europe (05/20/13)
Data group Preqin reports that investment managers are currently seeking to raise a record 10 billion euros for European real estate debt funds. That is more than quadfruple the amount they sought in 2012 and would account for 26 percent of the total raise for property... More
Abstract News © 2013 INFORMATION, INC.
The links at the end of each abstract are to the publisher, publication, or article. Some links may require registration or subscription. CoreNet Global and the content provider Information, Inc. are not affiliated with the referenced publications.
05/17/2013
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MSNBC.com: CoreNet Global outlines balanced work practices model in feature on Yahoo’s ending of telework.
- March 7, 2013
MSNBC.com: CoreNet Global outlines balanced work practices model in feature on Yahoo’s ending of telework. Combining heads-down knowledge work remotely with collaboration in the office is one of many approaches. ‘Virtual work won’t trump physical space,’ as Corporate Real Estate 2020 predicts. -
Wall Street Journal via Market Watch: CoreNet Global Survey Finds Companies Are Updating Workplace Strategies in Response to Hurricane Sandy
- February 12, 2013
Wall Street Journal via Market Watch: CoreNet Global Survey Finds Companies Are Updating Workplace Strategies in Response to Hurricane Sandy -
Did You Get Your Annual Bonus?
- February 7, 2013
Did You Get Your Annual Bonus? CEO Angela Cain featured in Globe Street.com exclusive highlighting CoreNet Global – FPL Associates’ 2012 Compensation Study results. -
American Cities Business Journals highlights CoreNet Global position paper
- January 18, 2013
American Cities Business Journals highlights CoreNet Global’s new position paper, ‘Let’s measure quality of life per square foot.’
- CoreNet Global partners with Tongji University - April 24, 2013 CoreNet Global partners with Tongji University to upscale development of strategic asset management skill sets in China. Formation of a new research and learning center for corporate real estate is one key objective of the alliance.
- CoreNet Global Announces Winners of 2013 Awards for Industry Excellence, Economic Development and Sustainable Leadership: - April 5, 2013 Judges select Fidelity, Google, Panasonic, Brick City Development Corporation and the San Francisco Center for Economic Development. Special commendations go to Louisiana Department of Economic Development, Perkins + Will’s Washington, D.C. studio, BASF North American HQ in Brigham Park, NJ, Paharpur Business Center in India, and Liberty Properties Office Building in King of Prussia, PA
- Soft Skills Take Center Stage at CoreNet Global’s Spring Forward Event, April 17-19 - April 3, 2013 NEW YORK (April 2, 2013) — More than 200 corporate real estate executives will meet April 17-19, 2013 in New York City for CoreNet Global’s Spring Forward conference on leadership development. The event will be held in East Midtown at the Convene conference center, 730 Third Avenue.
- INDIA’S YOUNG MIDDLE CLASS DRIVING ITS ECONOMIC TRANSFORMATION - March 27, 2013 INDIA’S YOUNG MIDDLE CLASS DRIVING ITS ECONOMIC TRANSFORMATION Corporate Real Estate Function Seen as Key Indicator of Increasing Business Sophistication
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CoreNet Global · 133 Peachtree Street NE, Suite 3000, Atlanta, GA 30303 · 1.404.589.3200
