First REIT's net property income up 9.3% to $24m in Q1 Prominence office park getting $8M âextreme makeoverâ Commercial real estate boom reaches Baltimore DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG secures a further commercial property in Schwerin Traffic moving well in Appomattox today; battle re-enactmment now set for 3 p.m. Demand for Tech Workers Driving Office Market Momentum, Says New CBRE Report Ranking Top 50 U.S. âTech Talentâ Markets
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NEWS AND INFORMATION
First REIT reported that its net property income grew 9.3% year-on-year to $24.2m in the first quarter, on back of maiden contributions from its new hospital in Indonesia. First REIT's good results were supported by maiden contributions from the newly-acquired Siloam Sriwijaya in Indonesia, as well as step-up rental income from its existing properties.
Investors typically sink money into upgrading the commercial properties they buy, some more than others. In the latter category, Josh Edwards, vice president of Crocker Partners, is operating in the middle of the $8 million in renovations underway at Prominence in Baymeadows.
The jaw-dropping $121.5 million that an investor paid last month for Fells Point's Union Wharf apartments was the starkest example yet in Baltimore of how a booming national real estate market is pushing some firms to turn to smaller, riskier cities.
1115 a.m. update: While thousands of re-enactors get ready to show a crowd of spectators at the industrial park what it would have been like to fight in one of Gen. Robert E. Lee's final battles, a sm
Tech talent clustering is a growing driver of demand for office space in both large and small markets across the U.S., according to a new CBRE Research report, âScoring Tech Talent,â which ranks 50 U.S.
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First REIT's net property income up 9.3% to $24m in Q1
Prominence office park getting $8M âextreme makeoverâ
Commercial real estate boom reaches Baltimore
DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG secures a further commercial property in Schwerin
Traffic moving well in Appomattox today; battle re-enactmment now set for 3 p.m.
Demand for Tech Workers Driving Office Market Momentum, Says New CBRE Report Ranking Top 50 U.S. âTech Talentâ Markets