San Francisco Office Market Continues Strong Performance

http://www.joneslanglasalle.co.za/Pages/NewsItem.aspx?ItemID=29670

San Francisco Office Market Continues Strong Performance

JLL closes $80 million sale of landmark Monadnock Building in South Financial District

SAN FRANCISCO, Nov. 21, 2013 — On behalf of a large pension fund advisor, Jones Lang LaSalle’s Capital Markets experts announced today the $80 million sale of the Monadnock Building, a 204,625-square-foot office building located at 685 Market Street in the heart of San Francisco’s South Financial District, to Brookfield Office Properties.

Property Performance Monitor, Fourth Quarter 2013

http://www.rreef.com/research/research_6917.jsp

Property Performance Monitor, Fourth Quarter 2013

Quarterly Highlights:

■ The NCREIF Property Index (NPI) returned 2.5% during the fourth quarter 2013 and 11.0% for all of 2013. Fourth quarter 2013 returns were modestly lower than second and third quarters, and on par with first quarter returns.

■ Both the retail and industrial sectors outperformed in 2013. Cap rate compression and NOI growth together gave a boost to the appreciation returns for these sectors.

■ Energy and tech based MSAs continued to have higher returns and drove sector performance. Properties in Dallas, Houston, San Francisco (ex. industrial) and San Jose outperformed almost across the board. Properties in Washington in all four sectors were a drag on total returns. (see page 3 for more information)

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http://www.rreef.com/research/research_6917.jsp

Advice, Italian Proverb

Flag
of Italy

After the ship has sunk, everyone knows how it might have been saved.

- Italian Proverb

MAIN STREETS ACROSS THE WORLD 2013-2014

http://www.cushmanwakefield.kr/en-gb/research-and-insight/2013/main-streets-across-the-world-2013/

MAIN STREETS ACROSS THE WORLD 2013-2014
Published Date : 13/11/2013
Martin Mahmuti

The following is a summary
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Cushman & Wakefield is at the centre of retail, providing value added real estate services to our clients globally. We monitor the evolution of the industry as well as global retail trends and practices to ensure our clients can best position their businesses to capitalise on future trends.

Logistics data shows where the real risks in moving oil reside

Logistics data shows where the real risks in moving oil reside

Based on virtually all metrics of safety, whether environmental, occupational or residential, movement of oil and gas is safest via pipeline, less safe via rail and still less safe via roadway

http://www.biv.com/article/20131112/BIV0108/311129867/-1/BIV0108/logistics-data-shows-where-the-real-risks-in-moving-oil-reside

By Kenneth Green
Tue Nov 12, 2013 12:01am PST

US housing: the price is becoming right (A. Markowska)

US housing: the price is becoming right (A. Markowska)

As housing goes, so goes the economy. Today, this is as true as ever. The Fed hit a pause button on tapering after mortgage rates rose sharply, and it awaits more evidence of sustained progress. While some housing indicators softened in recent months, we remain optimistic on demand. We explain why below.

Turkey: C/A deficit deteriorates further

Turkey: C/A deficit deteriorates further
Emre Tekmen - Market Economics | 13 Nov 2013 10:54

At USD 3.3bn, September's current account deficit was higher than the market’s expectations (USD 2.7bn) and our above-consensus forecast (USD 3.0bn). In addition, January-August current account deficit was revised up by a total of USD 1.4bn, mainly due to lower tourism revenues. As a result, 12-month cumulative c/a deficit reached USD 59.1bn in September, from USD 58.5bn in August. Non-energy current account deficit also widened by USD 0.8bn to USD 9.3bn, on a 12-month cumulative basis. Turkey was a net gold importer in September as well, contrary to last year, and 12-month cumulative net gold imports reached a record high of USD 7.3bn. At the same time, we also note that seasonally adjusted current account deficit excluding gold and energy has been widening gradually since the start of the year.

Advice, Mark, New Testament, Bible

Take care what you hear. The measure with which you measure will be measured out to you, and still more will be given to you. To the one who has, more will be given; from the one who has not, even what he has will be taken away.

- Gospel of Mark 4,24-25

http://www.usccb.org/bible/mark/4

Endeavor, Western Proverb

He that will thrive, must rise at five.

- Western Proverb

U.S. COMMERCIAL REAL ESTATE INDUSTRY

http://www.pwc.com/us/en/press-releases/2013/emerging-trends-in-real-estate-forecast-press-releases.jhtml

U.S. COMMERCIAL REAL ESTATE INDUSTRY REACHES INFLECTION POINT IN 2014 WITH INVESTORS RETURNING TO SECONDARY MARKETS, ACCORDING TO PwC US AND URBAN LAND INSTITUTE’S EMERGING TRENDS IN REAL ESTATE® FORECAST

San Francisco Once Again Top Ranked City for 2014;
Industrial Sector Becomes Investor Favored Property Type
Report Highlights Potential “Best Bets” for Investors in 2014

CHICAGO, November, 7 2013 – The U.S. real estate recovery is set to continue into 2014, with investors increasingly looking beyond some of the traditionally popular markets to secondary markets in search of higher yields, according to Emerging Trends in Real Estate® 2014, co-published by PwC US and the Urban Land Institute (ULI).