Real Estate Investment Trusts

IKEA’s shopping center business, Ingka Centres, has purchased its first U.S. property, a mall in San Francisco. And they are looking to buy more, according to a report from Reuters. Meanwhile, stores from The Atlantic and The New York Times explore different ways working from home has created setbacks for some workers. These are among today’s must reads from around the commercial real estate industry.

Economists generally agree that low labor demand from employers, rather than low labor supply from workers, is the biggest driver of high unemployment:

Capital will be highly selective, which may create winners and losers among private equity fund managers who are able to capture dollars.

Companies had to promise not to reduce headcount below a pledge number, and use all the proceeds to pay salaries.

It is now possible to quantify and qualify a target audience more finely than ever before.

Brokers fees are being waived more often as rents fall and vacancies rise, reports The New York Times. Some California small businesses are forced to close, even as the state lets more businesses open, according to Reuters. These are among today’s must reads from around the commercial real estate industry.

A Dutch lodging brand backed by Singapore’s sovereign wealth fund plans to open tech-forward boutique hotels across the United States.

The lessons of the Financial Crisis and recent capital raising have helped prepare them for a downturn, analyst say.

Google is not cutting down on space but rather planning a new town-like tech hub, reports CNBC. The cost of living has risen during the pandemic, meaning inflation is higher than the numbers say, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.

Lorber discusses which markets are seeing downturns as a result of COVID-19.