London’s Prime Residential Rents Jump 9.7% Over Last Year

Robert Bartlett According to London-based Chesterton Humberts’ London Prime Residential Lettings Market Snapshot report, prime London residential lettings market has experienced a healthy start in Q1, 2012. Report highlights include: Q1 Prime London residential rents increased b
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Year 2020: Corporate Workplaces, Property Portfolios Undergoing Radical Shifts

Within the next eight years, companies expect to deploy sophisticated data platforms and revamp facilities to support a new generation of tech-savvy employees who will make full use of the virtual office and other alternative workplace strategies. These and other business imperatives
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New Home Sales in U.S. Slightly Dip in February, Yet Up 11% Over Last Year

David Crowe According to new data released today by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), sales of new single-family houses in February 2012 were at a seasonally adjusted annual rate of 313,000. This is 1.6 percent (±23.9%) below the revised
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Beijing’s Office Rents Explode 41% Over Last Year

Beijing, China According to a new report by Jones Lang LaSalle, rent of Grade A office and warehouse property increased throughout the whole of 2011: Office – Continued strong demand and ongoing limited available space has significantly boosted rents. Retail – Strong deman
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Value of Miami’s Top 20 Luxury Residential Sales in 2011 Spike 24% Over Last Year

13 Star Island, Miami Florida According to Miami-based luxury real estate firm Zilbert Realty Group, Miami’s upper-end real estate market enjoyed a significant lift in 2011. Mark Zilbert, President of Zilbert Realty tells the World Property Channel, 2011’s 20 most-expensiv
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Audi CEO: Auto industry faces tougher year in 2012 (Reuters)

Reuters – The automotive industry faces a tougher year in 2012 than it has done this year, Audi Chief Executive Rupert Stadler told Reuters in an interview for release on Sunday. Yahoo! News: Business News
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Santa rally puts S&P 500 up for the year (Reuters)

Reuters – The S&P 500 turned positive for the year and closed out its third week of gains in four on Friday as equities extended their rally after a string of unexpectedly strong economic data. Yahoo! News: Business News
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U.S. Hotel Construction Pipeline Drops 10% from Last Year

According to the July 2011 STR/McGraw Hill Construction Dodge Pipeline Report, the total active U.S. hotel development pipeline comprises 2,990 projects totaling 323,070 rooms. This represents a 10.1-percent decrease in the number of rooms in the total active pipeline compared to July
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