The US prime property market has largely recovered from the impact of the pandemic, but data supplied shows some cities have fared better than others.
Commercial real estate
A survey from the Site Selectors Guild shows investment in new office projects is low as a result of the remote working revolution brought about by Covid-19. However, storage demand is on the up.
Real estate investment trust Gecina has completed the landmark green conversion of its entire debt portfolio. Finance head Nicolas Dutreuil explains the rationale and process of the first restructuring of its type in the property sector.
The Covid pandemic has left a wake of destruction on people’s lives and made a ghost town out of many a high street. So as nations start to get back on their feet, can temporary arts ventures help heal communities and save commercial spaces?
Many staff are reticent about going back to their workplaces after the pandemic. Tech leaders must develop flexible solutions to help.
"With news that nearly 50% of New Yorkers have received one vaccine dose and indoor occupancy restrictions are easing, we’re seeing a sizable – and heartening – uptick in activity as more people head back to their offices," says Bert Rosenblatt of Vicus Partners.
The Elite Traveler Data Team analysed more than 15,000 data points in the largest 100 cities in the US.