A few months ago, I warned all to Watch As Near Free Money To Banks Fails To Prevent Nuclear Winter For European CRE. This warning was an offshoot of the extensive research that I did on the European banking sector, sovereign debt and CRE.
Most businesses use some kind of commercial real estate. Leasing property has been a bargain in the past year. Prices for buyers are very favorable, though commercial mortgages are still subject to pretty tight underwriting. Many commercial tenants have renegotiated their leases to lower their rents. Going forward, though, good deals are going to be more difficult. 2011 is the year to lock in current rents. If you are going to need more space in the future, you might want to commit this year while landlords are still feeling desperate.
We’ve been skeptical of the private equity land rush to snap up single family homes for rentals. They’ve been a big enough force in the housing market nationwide to lead some commentators to question how solid the housing “recovery” is. Yet the combination of rising enthusiasm for housing and a richly-valued stock market is leading a raft of PE firms to ready IPOs as a way to take profits and establish valuations for their profit participations.
It’s another first for Toronto’s real estate market – leading in energy efficient office buildings.
A study from Oxford Properties, a subsidiary of the Ontario Municipal Employees Retirement System and one of the largest landlords in Canada, finds the city is leading the pack in LEED certified buildings.
Leadership in Energy and Environmental Design is the new standard in office buildings with ratings given based on site sustainability, water efficiency, energy and atmosphere, materials and resource, indoor environmental quality and the innovation and design process.
Every retailer has its own specialty when it comes to holiday mashup decorations. At Hobby Lobby, it’s beautifully decorated evergreen trees with a fall theme. Target has settled on a holiday specialty, and that is “Nightmare Before Christmas” displays that combine elements of the two holidays. We’re pretty sure that it’s accidental, but maybe it’s not.
ByElephant Analytics:Sears Canada (OTCPK:SEARF) is an example of what many people hope that Sears Holdings (SHLD) can do with its American assets. Sears Canada has sold many of its leases and real estate assets, and issued special dividends to its shareholders with the proceeds.
By Dividends4Life: A multitude of self-made millionaires (and billionaires) made their fortunes in real estate. Often through the development of large-scale projects such as shopping centers or planned communities. On a smaller scale, there are many landlords with one or more rental properties earning them a monthly income.
TORONTO • Edward Lampert is taking a page out of Richard Baker’s playbook, and it’s one that could pave the way for U.K. fast fashion retailer Primark to enter Canada.
The chairman and CEO of Sears Holdings Corp. struck a leasing deal Monday that will see the Dublin-based retailer open stores inside seven of the distressed department store chain’s U.S. outlets in the northeast, including a plum spot at one of the most productive A-list shopping centres in the U.S., the King of Prussia Mall near Philadelphia.