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John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
CANNES-There is some thinking expressed at MIPIM that the REIT structure is slow to take off in Europe and exists only on a country-by-country basis. Wait a while for a unified REIT.
CANNES-In an exclusive MIPIM interview, David Atkins lays out the European retail picture . . . and explains why Hammerson, unlike other Euro investors, has no interest in growing in the US.
CANNES-London Mayor Boris Johnson is feeling his oats after his town's Olympics win. He told an SRO crowd at MIPIM that he intends to build on that momentum
MIAMI BEACH-Douglas Elliman luxury sales director Chad Carroll says the letters after the name don't really matter. Not as much as the training and skills he gets from those designations.
NEW YORK CITY-According to Trepp, the rate last month—61.8%--is well above the 12-month average. But it's also the fifth time in six months that the rate has exceeded 60%.