Happy Friday! In today’s commercial real estate news – we’ll look at the Internet of Things (IoT) as a new competitive advantage for CRE, Brexit and Chinese capital controls and their effects on London’s crowded CRE market, Houston’s sudden labor crisis, and more.
Whatever business you are operating inside a commercial building, if you aren’t collecting, storing, using, and learning from data, then you are not doing your job.
Brexit Flight and Chinese Capital Controls Are Freeing Up London’s Crowded Commercial Real Estate Market
Australia’s largest pension fund is looking to acquire more overseas assets and part of its revamped portfolio could come from British real estate investments.
Even before the storm and the crackdown, Texas faced a shortage of concrete workers, electricians and wall-board installers, according to a survey by the Associated General Contractors.
Industrial real estate currently offers the greatest value compared to price of all commercial property sectors, according to Situs RERC President Ken Riggs.
In the following slideshow, NREI reveals the 10 most active office tenants from August 2016 through July 2017, based on the amount of square footage they leased.