Sixty percent of those surveyed plan to increase their investment in U.S. commercial real estate in 2021. That compares to just 17 percent who plan to increase their investment in European real estate and 9 percent who plan to increase their investment in Asia Pacific properties.
AAA anticipates a 60 percent uptick in Memorial Day travel this year compared to 2020, reports The Associated Press. Macy’s plans to spend more than $230 million on improving the Herald Square area and it plans to bring in a new skyscraper above its flagship store, according to The Gothamist. These are among today’s must reads from around the commercial real estate industry.
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