1. Goldman bets on warehouses with virus spurring online shopping (Bloomberg via National Real Estate Investor)
"Goldman Sachs is partnering with Dalfen Industrial to buy 46 “last-mile” industrial facilities valued at about $500 million."
2. As campus housing de-densifies, private student housing owners reap the benefits (Bisnow)
"The pandemic summer of 2020 has been busier than usual for student housing owners and operators. They are preparing their properties for student move-ins under strict cleaning protocols, adjusting amenities and common areas to the new realities and helping universities find student beds as they de-densify on-campus dorms."
3. Race for COVID-19 vaccine boosts real estate in life sciences hubs (Globe St)
"Hubs across the nation are looking to use real estate to boost productivity as the growth of the global prescription drug market is expected to surpass $1 trillion by 2022."
4. McDonald’s partners with Mayo Clinic for aid in coronavirus safety (CNBC)
"Under the arrangement, the medical center will review the company’s environmental health and safety precautions and some of its global standards."
5. Logistics real estate set for ‘brisk recovery’ in prologis report (Commercial Property Executive)
"The outlines of a projected V-shaped recession for industrial real estate appear in Prologis’ latest survey of logistics end users."
Related Stories
Market Data | Mar 25, 2020
Engineering and construction materials prices fall for first time in 40 months on coronavirus impacts, IHS Markit says
Survey respondents reported falling prices for five out of the 12 components within the materials and equipment sub-index.
Market Data | Mar 23, 2020
Coronavirus will reshape UAE construction
The impact of the virus has been felt in the UAE, where precautionary measures have been implemented to combat the spread of the virus through social distancing.
Coronavirus | Mar 20, 2020
Pandemic has halted or delayed projects for 28% of contractors
Coronavirus-caused slowdown contrasts with January figures showing a majority of metro areas added construction jobs; Officials note New infrastructure funding and paid family leave fixes are needed.
Market Data | Mar 17, 2020
Construction spending to grow modestly in 2020, predicts JLL’s annual outlook
But the coronavirus has made economic forecasting perilous.
Market Data | Mar 16, 2020
Grumman/Butkus Associates publishes 2019 edition of Hospital Benchmarking Survey
Report examines electricity, fossil fuel, water/sewer, and carbon footprint.
Market Data | Mar 12, 2020
New study from FMI and Autodesk finds construction organizations with the highest levels of trust perform twice as well on crucial business metrics
Higher levels of trust within organizations and across project teams correlate with increased profit margins, employee retention and repeat business that can all add up to millions of dollars of profitability annually.
Market Data | Mar 11, 2020
The global hotel construction pipeline hits record high at 2019 year-end
Projects currently under construction stand at a record 991 projects with 224,354 rooms.
Market Data | Mar 6, 2020
Construction employment increases by 43,000 in February and 223,000 over 12 months
Average hourly earnings in construction top private sector average by 9.9% as construction firms continue to boost pay and benefits in effort to attract and retain qualified hourly craft workers.
Market Data | Mar 4, 2020
Nonresidential construction spending attains all-time high in January
Private nonresidential spending rose 0.8% on a monthly basis and is up 0.5% compared to the same time last year.
Market Data | Feb 21, 2020
Construction contractor confidence remains steady
70% of contractors expect their sales to increase over the first half of 2020.