Tag Archives: Commercial Development

High Risk for High Reward? Real Estate Investors Turn to Africa

Market Analysis – Africa: Forecasts for 20-per-cent net annual returns from investing in shopping malls, office blocks or industrial complexes in countries from Zambia to Kenya are drawing in new investors, despite fundamental concerns… http://ow.ly/3pRvM1 More Market Analysis NEW! Follow … Continue reading

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Dubai’s Largest Developer Profits up 29%

Dubai *Market Analysis: DUBAI – Dubai’s largest developer Emaar Properties reported a 28.6 percent rise in second-quarter net profit on Monday, marginally beating forecasts, but revenue from property sales in the emirate dropped. ow.ly/2Ld3eF Carlisle Mitchell Insider Tips for Real … Continue reading

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Lennox Pre-Leases 190,000 Sq Ft at NW Houston Development

HOUSTON – Lennox International (NYSE: LII) will anchor Phase 1 of Denver-based DCT Industrial Trust’s (NYSE: DCT) Northwest Crossroads Logistics Center after pre-leasing 190,000 square feet at the northwest Houston development. Currently under construction, Phase 1 is a 362,000-square-foot, single-story … Continue reading

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Construction Spending Rises but Less Than Projected

WASHINGTON — U.S. construction spending rose less than expected in May, which could prompt a further downgrading of second-quarter economic growth estimates. Construction spending edged up 0.1 percent to an annual rate of $956.1 billion, the Commerce Department said Tuesday. … Continue reading

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Houston’s City Centre is a Hit

HOUSTON – CityCentre is an upscale mixed-use development in Houston, Texas. It was originally known as Town & Country Mall, competing with the then upscale West Oaks Mall and neighboring Memorial City Mall. It was supposed to surpass the older … Continue reading

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