Over the last year and a half, São Paulo vacancy has jumped 3.1 percentage points for all CBD class A properties. Historical analysis of vacancy rates show that 15% is the market’s equilibrium point, so in second quarter 2014 São Paulo officially became a tenant’s market.
‘Global Real Estate’ Archive
Following the economy’s slowdown in 2013, when the GDP grew 1.2%, the consensus of analysts estimate that the Mexican business environment will accelerate and GDP will grow close to 2% in 2014; this as a result of increased external demand following the recovery in the U.S., increased government spending with emphasis on infrastructure and a […]
Southeast Texas, specifically the Houston-Baytown-Sugar Land 10-county region, has been one of the most consistently productive and growing metropolitan areas in the country for several years. Since the end of 2011, year-over year (YOY) job growth has remained above 3.0% (often exceeding 4.0%), and ended 2013 with an annual increase of 82,000 jobs. This accounted […]
Today’s employment report was positive in a number of ways. It indicates that the slower growth experienced in December and January was likely an anomaly caused by the unusually severe weather and not indicative of a slowdown in the general economy. For the real estate sector, this report is particularly encouraging and strongly supportive of […]
Trying to follow a trend that isn’t clearly defined is challenging. We’ve read about the tech boom for a couple of years now and all the catchy names that have cropped up to delineate tech areas in numerous cities; however, the questions remain: Who is the creative user? What is the creative office? How do […]
As we enter the home stretch for 2013, indicators of business and consumer sentiment reflect growing optimism that 2014 will be a better year than 2013 in every region. In Europe, the transition from recession to recovery continues with mixed results depending on the country. In the Asia/Pacific region both Japan and China continue to […]
Europe’s early summer gains appear to be consolidating as we head towards the run in to year-end, with August seeing a 3.3% increase in the EU’s Economic Sentiment Indicator and a near 12% increase on the year. What is more this is broadly based: 22 out of the EU’s 28 countries saw a step up […]
As the economy improves, interest rates will rise. The good news is, the reason for the increase is a healthier economy and that is good for everyone.
It’s finally time to start talking about interest rates again. For the past five years interest rates have not even been in the economic conversation. But recent events in Europe, Asia and the US have brought interest rates and the interest rate policies of central banks around the world back to the forefront. Rising interest […]
The Current Conditions component of the Index of Consumer Sentiment is one of the better indicators of consumer spending. It is suggesting that consumers feel wealthier and better off in general today than they have in many years…If they begin to increase their spending more rapidly, it will boost the entire US and global economy.