Topic
Topic covering commercial property markets—offices, malls, and hotels—including valuations, conversions, office-building rules, and branded-hotel towers.
Goldman Sachs economists say Treasury yields at a near-quarter-century high could cut US GDP growth by 0.2 percentage points next year. Several maturities set fresh multi-decade highs again on Monday, so the forecast is chasing a rate that is still moving.
Reality
London Property Alliance research found 76% of cycle parking in 21 London office buildings empty at peak, backing Sadiq Khan's plan to cut rack rules. The draft would free basement floorspace for other uses, though the evidence for it comes from the developers who pay to build those floors.
Reality
Green Street has survivor-mall values up 13% over the past year, the best of any major commercial real estate sector, while its own retail analyst counts roughly 250 of about 900 tracked malls actually benefiting.
Reality
Delivered units make conversion a real use for obsolete downtown offices. The resale prices underneath the trade are still distress prices, and by one banker's account only a fraction of empty buildings qualify.
Reality
Local cadres called Wuliangye old-fashioned and kept the liquor off a press tour, showing instead a 57-storey waterfront tower whose Westin flag is not due until 2027, which is the part of an industrial upgrade you can photograph.
Reality