With ever-increasing amounts of day-to-day activity taking place online, even more so under the COVID-19 pandemic, demand from large and small companies is driving robust growth in the data center segment. That’s making it an increasingly attractive investment play for real estate buyers looking for stability and yield.
The UBS Asset Management arm has published its latest Real Estate Outlook edition, outlining the impacts of the pandemic on global and U.S.-based real estate investment. Here are seven takeaways from the report.
Some of the largest real estate investors are walking away from debt on bad property deals, even as they raise billions of dollars for new opportunities borne of the pandemic.
New York’s attorney general is investigating whether President Donald Trump’s company inflated the value of his assets to secure favorable terms for loans and insurance coverage tax benefits, according to filings in a lawsuit brought by the state on Monday to enforce subpoenas in the matter.
The National Multifamily Housing Council rent payment tracker found 90 percent of apartment households made a full or partial rent payment by August 20. Big-box retailers are emerging as winners while small businesses struggle amid the pandemic, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.