Global Outlook For Real Estate In 2005

Several prominent commercial real estate firms publish their combined outlook for commercial property in 2005.

1 minute read

February 2, 2005, 11:00 AM PST

By Chris Steins @planetizen


"Overall commercial real estate worldwide will continue to perform well as an asset class during 2005. The strong demand for retail space in good locations by retailers and investors will intensify.

The industrial market, especially distribution facilities and long term net leases to single tenants, will continue to see strong investor demand. The office market will recover, in patches, worldwide with certain high demand cities like the Washington D.C. area, London's West End, Hong Kong and Johannesburg's decentralized northern areas topping office demand on their respective continents", accordindg to the report published by Grubb & Ellis, Knight Frank and Avison Young.

Thanks to Chris Steins

Monday, January 31, 2005 in Research Worldwide

courses user

As someone new to the planning field, Planetizen has been the perfect host guiding me into planning and our complex modern challenges. Corey D, Transportation Planner

As someone new to the planning field, Planetizen has been the perfect host guiding me into planning and our complex modern challenges.

Corey D, Transportation Planner

Ready to give your planning career a boost?

View of dense apartment buildings on Seattle waterfront with high-rise buildings in background.

Seattle Legalizes Co-Living

A new state law requires all Washington cities to allow co-living facilities in areas zoned for multifamily housing.

December 1, 2024 - Smart Cities Dive

Times Square in New York City empty during the Covid-19 pandemic.

NYC Officials Announce Broadway Pedestrianization Project

Two blocks of the marquee street will become mostly car-free public spaces.

December 1, 2024 - StreetsBlog NYC

'Vertical canyon' on glass-clad residential high-rise in Denver, CO.

Denver's New High-Rise Integrates Vertical Canyon in Architectural Design

Unlike other new builds in Denver, Colorado, a new high-rise reveals a unique “sculptural canyon” running vertically through the facade to foster a sense of community and connection to nature.  

November 29, 2024 - designboom

Close-up of black electric bike with person resting one foot on ground and holding blue helmet.

California E-Bike Rebate Program Launches — Again

After a series of fits and starts, CARB says the program will begin accepting applications this month.

December 5 - Streetsblog California

Vintage multi-story brick apartment building and modern concrete and glass apartment building separated by a steep public stairway in Los Angeles, California.

Analysis: Localized Upzoning Less Effective

Changing zoning rules for a small number of parcels can increase land values and housing costs without boosting the housing supply.

December 5 - Governing

Acela Amtrak train in station in New Haven, Connecticut.

Amtrak Breaks Ridership Record in FY 2024

More Americans than ever rode the rails last year, also bringing the agency its highest ticket revenue.

December 5 - Smart Cities Dive

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.