The Evolution of International Real Estate Markets and Opportunities in the Business World (III)

The CORFAC meeting discussed the evolution of real estate markets internationally, the opportunities in the post-Brexit business world, and the streamlining of collaboration between regional and international markets.

Russia

The most important real estate markets in Russia are Moscow and St. Petersburg. The market is stable, the leading players moving and expanding being almost exclusively the existing companies in the market and only occasionally new companies entering the market. There is a growing appetite for domestic investors to invest in European markets.

United States

In the US, the real estate market is at full swing and is expected to continue at this rate.

In many regions, against the background of the increased appetite of investors, “the products available in the market become limited. 2018 has brought a higher number of sales transactions, and we believe that this trend will continue in 2019 “, according to Andrew Jaffe, President of CORFAC International.

“In some markets, such as Arizona, Phoenix, rents have increased by up to 25% in the last two years. The selling price of residential products was also appreciated amid rising costs of construction materials and working force due to declining available workforce in construction, a situation encountered in many American states “, says Andrew Jaffe.

Mexico

Mexico, the second-largest economy in Latin America, after Brazil, managed to attract foreign investment growing by 19% in the first quarter of 2018.

“Mexico’s manufacturing market is one of the most competitive internationally, with the automotive industry being the strongest segment of the economy,” said Miguel Cavazos, Managing Partner of Citius Capital | CORFAC International.

With a population of 124 million in Mexico and 40 million in the United States, with an annual increase of about 2% and an unemployment rate of 3%, “Mexico is a healthy market, next to a huge market (United States),” Miguel Cavazos believes.

Despite the delay in concluding the NAFTA agreement’s renegotiations and the upcoming presidential elections, the real estate market is in continuous development, both in the office space segment and in the industrial one.

If you would like more information about the real estate market in Romania and especially the office market in Bucharest, please contact the ESOP team by filling this brief form, or by phone (+4) 0723.26.61.97 or (+4) 021.528.04.40. We’ll promptly answer your inquiry!


Maria Neda

PR & Media Coordinator, PR & Media Consultant, with background as a journalist in the economic press and experience as a consultant in Urban Development.



0% Tenant fee!
Thumb
337 - 6.095 sqm

Sema Parc Bucharest

Grozavesti, Bucharest
  • 12,50 - 15€/sqm, negotiable
0% Tenant fee!
Thumb
2.100 - 32.000 sqm

Iuliustown Ubc 0

Central, Timisoara
  • Price on request!
0% Tenant fee!
Thumb
600 - 10.916 sqm

Elegant Business Centre to Let

Splai Bahlui, Iasi
  • Price on request!
0% Tenant fee!
Thumb
670 sqm

AFI Park Brasov

Central, Brasov
  • 14€/sqm, negotiable

Postari similare

Inauguration of Japan’s Tallest Office Building, Azabudai Hills Mori JP Tower


Located in the heart of Tokyo’s Toranomon business district, Azabudai Hills is a mixed-use complex that aims to be much more than just another skyscraper project. Azabudai Hills was developed by Mori Building, a real estate developer famous for creating popular urban developments such as Roppongi Hills, Toranomon Hills, and Ark Hills. Mori’s vision was […]


Read more

From Energy to Adrenaline: CopenHill – Copenhagen’s Revolutionary Power Plant and Ski Slope


CopenHill is a modern energy plant that burns the waste produced by the residents of Copenhagen to generate both electricity and heat. This approach allows partial recycling of municipal waste, significantly reducing the amount that ends up in landfills. Also, the heat produced is used for heating homes in the city. CopenHill therefore contributes to […]


Read more

In Amsterdam, the City Hall Abolishes Car Parks, Replacing Them With Bicycle Parking and New Green Areas


Amsterdam City Hall wants to reduce 11,200 car parking spaces by 2025 by reducing the number of accredited parking permits. In this city, only 22% of residents use their car to go to the office every day, most of them using bicycles. As a result, there is always a need for new bicycle parking spaces […]


Read more