Despite holding record levels of dry powder, private equity real estate fund managers are hoping to see investors move off the sidelines so they can recapture fundraising momentum.
Economists generally agree that low labor demand from employers, rather than low labor supply from workers, is the biggest driver of high unemployment:
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, stories 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.
