Data Center Market Shatters Leasing Records

North American data center leasing reached record levels last year, driven by demand from large cloud service providers and social media companies, reported CBRE, Dallas.

Hotel Recovery Likely to Continue

The hotel sector’s recovery that started last year will likely continue despite current operational hurdles, sector analysts said.

CBRE: Flex-Office Sector Positioned to Adapt

CBRE, Dallas, said the flex-office sector has grown more sophisticated during the pandemic and is helping employers accommodate changing office-use patterns.

CBRE: Record Global CRE Investment in 2021

CBRE, Dallas, reported global commercial real estate investment reached a record $1.3 trillion last year, up 55 percent from 2020 and 21 percent from 2019.

Analysts Upgrade U.S. Hotel Forecast

Underpinned by continued average daily rate improvement, analysts from STR and Tourism Economics slightly upgraded their U.S. hotel sector forecast.