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Forecast: Global REIT Market to Reach $350.2 Billion by 2028

Forecast: Global REIT Market to Reach $350.2 Billion by 2028

by Phil Hall | Jan 24, 2025 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

The global market size for the real estate investment trust (REIT) is estimated to grow by $350.2 billion from 2024-2028 with a compound average growth rate of 2.87%, according to a new forecast from Technavio. The North American market is expected to account for...
Chinese Logistics Operators Account for 20% of New US Warehouse Leasing

Chinese Logistics Operators Account for 20% of New US Warehouse Leasing

by Phil Hall | Nov 5, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Chinese third-party logistics providers and e-commerce companies were responsible for 20% of net new warehouse leasing in the US during the third quarter. According to Wall Street Journal coverage culled from Prologis data, many of these companies are leasing space in...
Amazon Leases 2 Million SF of California Industrial Space

Amazon Leases 2 Million SF of California Industrial Space

by Phil Hall | Apr 12, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The e-commerce giant Amazon (NASDAQ:AMZN) has leased approximately 2 million square feet of industrial space across in two buildings in California. According to a Bisnow report sourced from Savills data. Amazon leased roughly 1 million square feet at a PGIM Real...

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