WMRE Daily
 
WMRE Daily

OCTOBER 20, 2022

Top Story

Office Sales Volume Declining In-Step with Interest Rate Hikes

Office sales volume trends down as investors confront rising cost of capital, fears of recession and lackluster leasing trends.

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Now Available: The 2022 Multifamily Research Study

The scorching pace of rent growth will slow, but solid fundamentals mean the outlook for multifamily investment remains bullish even amid some concerns about the availability of capital.

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How One Hedge Fund Manager is Navigating REIT Volatility

Harbor Group International’s David Rosenberg sees an investment opportunity thanks to a disconnect that’s developed between REIT equity prices and underlying net asset values.

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WMRE Wire

Property Funds to Sell Assets to Help Stricken UK Pensions

The sales are the latest sign that the turmoil that has rocked the U.K. pension industry in recent weeks is still reverberating through financial markets. Pensions have been dumping stocks, bonds and collateralized-loan obligations as well as pulling money from almost any fund that will give it back.

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U.S. Plans First Sale of Offshore Wind Rights Off California

The U.S. Interior Department said Tuesday it will auction five leases spanning 373,000 acres (151,000 hectares) off central and northern California, enough space to install turbines with more than 4.5 gigawatts of capacity.

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12 Must Reads for the CRE Industry Today

Vox analyzes how although supply chain pressures have eased, the underlying issues that contributed to backlogs have not been addressed. Insider released a series of pieces profiling the overall state of the U.S. logistics and warehouse market. These are among today’s must reads from around the commercial real estate industry.

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