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US supply chains will shift away from an over-reliance on China to include more expanding Asian and European markets, which will establish new national distribution models that will particularly benefit regions such as Houston.
Anglophone companies dominate the top 10 in the real estate services company's biennial survey, while Singapore, Hong Kong and Japan jockey for the title of Asia's most transparent market.
Hotel transactions internationally dropped by half in this year's first five months and by 87% in the second quarter compared with the same time frames last year.
Operating company investment specialist, John Kropke has been appointed to lead and rebuild Principal Global Investors' US and European real estate operating capabilities as managing director.
The number of terminated contract deals as a percentage of closed transactions has risen from 2.1% in April to 2.9% in May—seven times the average percentage of deals falling through between 2015 and 2019.
The fund secured total equity of $878.5 million that breaks down to $362.5 million in investment and two co-investment commitments, one for $150 million and another for $366 million.