Emerging Trends in Real Estate® 2014

http://www.pwc.com/us/en/asset-management/real-estate/publications/emerging-trends-in-real-estate-2014.jhtml

Emerging Trends in Real Estate® 2014

November 2013

At a glance

What are the best bets for investment and development in 2014? Based on personal interviews with and surveys from more than 1,000 of the most influential leaders in the real estate industry, this forecast will give you a heads-up on where to invest, which sectors and markets offer the best prospects, and trends in the capital markets that will affect real estate.

Download: Emerging Trends in Real Estate® 2014

http://www.pwc.com/us/en/asset-management/real-estate/publications/emerging-trends-in-real-estate-2014.jhtml

Yelp’s old-is-new San Francisco headquarters

http://www.marketwatch.com/story/yelps-new-offices-are-something-to-shout-about-2013-11-29

Nov. 29, 2013, 9:38 a.m. EST

Yelp’s old-is-new San Francisco headquarters
Commentary: Historic high-rise was once home to Baby Bell PT&T

By Therese Poletti, MarketWatch

SAN FRANCISCO (MarketWatch) — Word in the bubbly start-up community is that Silicon Valley has effectively moved to San Francisco, and Yelp Inc. is the latest example.

After a recent visit to the new headquarters of Yelp, it’s easy to understand why so many tech-sector employees and employers prefer to be based here instead of in the blander valley to the south — even as San Francisco rents soar and observers bemoan a new dot-com bubble.

Mesa West tops $752M fund goal

http://www.rew-online.com/2013/11/27/mesa-west-tops-752m-fund-goal/

Mesa West tops $752M fund goal
By REW Staff
8:22 AM, NOVEMBER 27, 2013

Mesa West Capital has closed its Mesa West Real Estate Income Fund III, LP with $752 million in equity commitments, announced principal Ryan Krauch.

Global Economic Outlook - 2014 - Four Seasons of Leverage

Global Economic Outlook - 2014 - Four Seasons of Leverage

■ 1# Bumpy growth relay from emerging to advanced

For the first time post-crisis, we expect advanced economies in 2014 to see an increased contribution to global growth as emerging economies deleverage. Commodity markets will sit at the heart of this dynamic - our strategists look for range-bound markets in 2014.

Turkey: Capacity utilisation rate retraces from a two-year high in November

Turkey: Capacity utilisation rate retraces from a two-year high in November
Emre Tekmen - Market Economics | 26 Nov 2013

Seasonally adjusted capacity utilisation rate fell 0.8pp to 74.9% in November, paring back last month’s increase of similar amount. As a result, capacity utilisation rate is now back at its June-September average, down from a two-year high of 75.7% in October. The decline in the capacity utilisation rate was mainly driven by intermediate goods production, namely manufacture of chemicals and plastics. Capacity utilisation rate in non-metallic mineral production, a strong proxy for construction sector, declined 1.5pp and trimmed the 2.5pp increase in October. Among export-oriented sectors, manufacture of textiles and basic metals were broadly flat whereas capacity utilisation rate in automotive production fell for the third consecutive month.

PRESS RELEASE:San Francisco Office Market Continues Strong Performance

http://nreionline.com/nreiwire/press-releasesan-francisco-office-market-continues-strong-performance

PRESS RELEASE:San Francisco Office Market Continues Strong Performance
Megan Dolan
Nov. 25, 2013

SAN FRANCISCO — On behalf of a large pension fund advisor, Jones Lang LaSalle’s Capital Markets experts announced 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.

High global investor confidence fuels plans to expand, particularly in 'safe havens'

http://www.colliers.com/en-us/insights/market-news/2014-property-investor-report

High global investor confidence fuels plans to expand, particularly in 'safe havens'

More than 500 global respondents reveal intentions, targets and strategies

Where will global property investors be buying in 2014? Surprisingly, despite recent economic uncertainty, investors are willing to look beyond political circumstances and invest in areas with strong property fundamentals. Overall, our new Global Investor Sentiment Survey finds optimism in the economic outlook for 2014, and with this increased confidence, many investors are planning to expand, especially in 'safe-haven' cities.

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)

Download [PDF]

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