October 10, 2017
Urban Land Magazine
After predicting an uptick in U.S. economic growth and interest rates six months ago, real estate economists have tempered their forecasts, moving closer to the predictions of one year ago. While the April 2017 optimism could be attributed to proposals to reform the tax code, reduce regulatory burdens, and invest in infrastructure, little progress has been made on tax reform and infrastructure and the economy seems to be back to business as usual after the global financial crisis. As a result, real estate economists now have lower expectations about economic growth, employment growth, and interest rates than they had in the spring.
September 28, 2017
A recent study conducted by LaSalle Investment Management reinforces the important complementary relationship between publicly-traded global real estate securities (“GRES”) and global private real estate. The analysis, published in a recent whitepaper, highlights the benefits of GRES and global private real estate as well as the additional advantages investors can gain by combining the two strategies.
September 06, 2017
The Globe and Mail
Real estate is a great way to diversify your portfolio. But just as with equities and fixed-income investments, a domestic focus on real estate can be shortsighted.
September 05, 2017
Pensions & Investments
Hurricane Harvey and its sister storm, Irma — which is threatening the Southeast Coast — are beginning to shine a light on the risk the increased incidence of extreme weather is posing on investments. The exact toll Harvey will have on investor portfolios — especially in real estate, infrastructure and energy — will not be fully understood for a month or two. Managers are in the process of determining the damage now.
September 02, 2017
A Welcome Development: Foreign Immigration Supports Economic Growth & Real Estate Investment Success
Institutional Real Estate, Inc.
Donald Trump campaigned on an anti-immigration platform, and the first weeks of his presidency involved efforts to ban refugees and travel to the United States from seven Muslim-majority nations. In early August, Sen. Tom Cotton (R.–Ark.) and Sen. David Perdue (R–Ga.) introduced a White House–backed bill to cut legal immigration in half over the next 10 years. The Reforming American Immigration for a Strong Economy Act (or RAISE Act) would halve legal immigration from approximately 1 million people per year to 500,000, and it would institute a points-based system to prioritize high-skilled immigrants.
August 19, 2017
National Real Estate Investor
With the unemployment rate at 4.3 percent, the U.S. office market is enjoying a long expansion cycle. A dramatic shift in workplace preferences, however, has changed the way office tenants use space and elevated their expectations about building amenities. These changes are driving office owners and investors to reposition older assets to compete with new office projects coming to market.
NREI asked Rich Kleinman, Managing Director of Research & Strategy for LaSalle Investment Management, the fourth largest global office owner with 47,644,390 sq. ft. of office space, how the current office market is impacting LaSalle’s assets and what changes the company is making to attract tenants with a young workforce to its office buildings.
August 08, 2017
A broad array of environmental factors are expected to significantly contribute to the financial performance of real estate portfolios over the coming years, according to LaSalle Investment Management (“LaSalle”). The analysis, published in a recent whitepaper by LaSalle, suggests that an increased focus on a ‘green premium’ will yield higher returns.
July 20, 2017
Real estate market fundamentals in North America performed in line with expectations during the first half of 2017, with a few variations – primarily in the U.S. – stemming from the pace of change within the retail sector, the sharper-than-expected slowdown in transaction volume, along with the sustained political turbulence and slower-than-expected progress on key policy initiatives. According to LaSalle Investment Management’s Mid-Year Investment Strategy Annual 2017, the U.S. and Canadian real estate markets continue to attract investor interest despite these trends.
May 29, 2017
President Donald Trump’s election coincided with a slowdown in real estate demand and returns in late 2016 and into early 2017, as core real estate investment portfolios felt muted economic growth and higher interest rates in 2016, according to a recent report issued by LaSalle Investment Management’s Research & Strategy team.