Posts Tagged ‘India’
The Llenrock Poll
The results are in from our latest poll! Clearly, perceptions of government stability are a major factor in international CRE funding…
See our previous polls here.
Top 10 Most Densely Populated International Cities
Here are the Top 10 Most Densely Populated Cities Worldwide:
10. Kolkata (Calcutta), India (71,935 people/square mile)
9. Kamarhati, India (74,323)
8. South Dumdum, India (75,069)
7. Delhi, India (75,512)
6. Pateros, Philippines (76,392) Read the rest of this entry »
Commercial Real Estate Week in Review
Week in Review for November 26-December 2:
-The National Retail Federation reports a successful Black Friday weekend, which brought in $52.4 billion (over last year’s $45 billion)
-CapitaLand (CATL.SI) mulls transferring $5.3 billion of China development projects into new REIT
-Alexandria Equities (NYSE: ARE) prepares to acquire 15 hospital properties in India
-Private REIT to acquire part of downtown Atlanta data center, formerly a Macy’s
-Private equity firm Penzance purchases infamous Watergate property in Washington, D.C. for $76 million
(Cautiously) Optimistic about the Future
- Globally, population growth is entirely urban. All future population growth will be absorbed by cities and require massive property development.
- The greatest urban population growth is in the three largest countries — China, India and the United States.
- Europe is not a good place for investors because its demand is based simply on replacement. There is no real growth. Every new building must be matched by demolition. (quoted in IREI Monthly Insights, Nov. ’11)
Lachman also noted something the commercial real estate industry has already figured out: Asian cities are the fastest-growing markets in the world, with some of the most promising opportunities for investment. It’s no surprise that J.P. Morgan (NYSE: JPM) and others are investing heavily in India, China, and other rapidly growing Asian markets. Read the rest of this entry »
Commercial Real Estate Week in Review
Week in Review for November 19-25
-Black Friday crowds a good sign for the retail sector
-Pennsylvania Real Estate Investment Trust (NYSE: PEI) plans to redevelop Moorestown Mall in New Jersey in response to reversal on local liquor sales ban
-DivcoWest buys San Francisco tech district office complex from RREEF for $77.5 million
-J.P. Morgan (NYSE: JPM) to invest $40 million in Indian CRE development
-Western firms invest millions in Chinese mixed-use and retail projects Read the rest of this entry »
Land for Sale!
Land speculation can have one of the best returns in all of commercial real estate. Unfortunately, it is also one of the riskiest bets that one can make, as there is no guaranteed ROI and you may never be able to get your money back. However, some investors have been incredibly good at speculating where markets are going to grow, such as suburbs outside large metro areas as young people tend to move from larger cities to suburban settings to start families.
As investors look for larger returns, one of the most obvious choices is to look for emerging markets and opportunities there. This recent Wall Street Journal article talk about companies acquiring land in Africa for a number of reasons. Primarily speculation is focused on fertile land and forest projects will become necessary in the future. In markets that are almost exclusively undeveloped such as those in Africa, the potential returns on investment are exponential, but at risk is the long turnaround time.
One of the safer bets in terms of land speculation is in emerging markets like the BRIC (Brazil, Russian, Indian, China) countries, or the relatively new CIVETS countries. With growing urban and suburban populations in large major cities in the BRIC countries, surrounding empty land is poised to be a relatively safe investment so long as it is priced comparatively. The CIVETS, short for Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa, also have quite a bit of potential for large ROI over the next 5-10 years.
However, some markets that have seen raw land speculation have increased regulation to combat this type of investment. For example, Argentina has introduced legislation that will limit the amount of property a foreign investor is able to hold to 1,000 hectares as well as total Argentine property held by foreign investors to 20%. Look to see these types of laws and protectionism pop up as countries like China and India look for additional national resources to support their burgeoning populations.
Commercial Real Estate Week in Review
Commercial Real Estate Week in Review for the Week of April 2nd to April 8th
- A Slow Week for US CMBS Trading.
- Wednesday’s AIG Bond Sale Fully Successful.
- Pebblebrook Hotel Trust Raises $226 Million in Second Offering.
- Highest Mall Vacancy Rate in Decades.
Commercial Real Estate Week In Review
Commercial Real Estate Week in Review for the week of March 5th to March 11th
- Chesapeak Lodging Trust Raises$212 Million from 12.5 Million REIT Shares.
- Will China, India and the US stimulate an Increase in Global Construction of 70% by 2020?
- The SEC Eliminates Rating Agencies’ Responsibilities and Liabilities.
- The REIT 1/3rd Recommended for Pension Fund Portfolios. Read the rest of this entry »
Top 10 Most Expensive Real Estate Markets
Today we are returning to our series of top ten lists, relating to real estate. Below, we have excerpted People’s Daily Online lists the most expensive real estate markets in the world, from Mumbai to Monte Carlo.
10. Mumbai, India
851 U.S. dollars per square foot. Same amount of land+ growing population = high rent.
9. Rome, Italy
851.50 U.S. dollars per square foot. “Mi scuzi, but thassa one high rent!”
8. Singapore
901 U.S. dollars per square foot. If you don’t pay your rent on time, your landlord can legally beat you in public.









