Underpinned by continued average daily rate improvement, analysts from STR and Tourism Economics slightly upgraded their U.S. hotel sector forecast.
Tag: CBRE
Office Space Recovery Pauses
Office leasing activity slowed in December, reported CBRE, Dallas.
Commercial, Multifamily Briefs from Chatham Financial, CBRE and Project Destined
Chatham Financial, Kennett Square, Pa., will host its Semiannual Market Update for Real Estate on Wednesday, Feb. 9 at 11:00 AM ET.
Office Expansions Outpace Contractions in Large Markets
Companies stopped standing still last year when it comes to long-term real estate decisions, reported CBRE, Dallas
CBRE: Investor Interest in Commercial Real Estate Surpasses 2019 Level
Investor interest in commercial real estate remains strong despite increased uncertainty due to rising COVID-19 infections and a reduction in the Federal Reserve’s bond purchasing program, reported CBRE, Dallas.
CMF Briefs From CBRE, Lev Partners, AppFolio Investment Management
CBRE Group, Dallas, acquired occupancy planning and technology services firm Buildingi to meet growing occupier demand for holistic occupancy management services.
Hotel Performance Improving, But COVID-Variant Threat Persists
CBRE, Dallas, said average daily rate gains and a 35 percent year-over-year occupancy increase showed demand for U.S. hotels endured in Q3 despite the Delta variant.
CBRE: Commercial Real Estate Growth, Investment Will Likely Grow
Next year could set a record for commercial real estate investment amid economic and real estate recoveries, major fiscal stimulus projects and a rebound of big cities and downtowns, reported CBRE, Dallas.
Quote
“COVID-19 flareups still pose a risk, but governments and health authorities appear to have made progress in containment and treatment. We see this rising tide further buoying the capital markets, multifamily and industrial & logistics sector and aiding the burgeoning recoveries of the retail and office sectors.”
–Richard Barkham, CBRE Global Chief Economist and Head of Americas Research
CBRE: Hybrid Work Has Companies Facing New Set of Office Occupancy Challenges
CBRE, Dallas, said as companies bring employees back to the office, executives grapple with new complexities: tracking daily occupancy, managing seating assignments, finding the right balance of individual versus collaborative space.