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PLTA is proud to offer The Wall Street Journal Commercial Real Estate News Feed for visitors


The Wall Street Journal is one of the world's most trusted publishers of accurate financial news and business information in all media formats, including newspapers, newswires, databases and websites,  radio, TV/video and other multimedia programming. Dow Jones enriches the lives of millions worldwide as well as informs the decisions of corporate executives and professionals.


 

 

Investors Go Bargain-Hunting for U.K. PropertyOpen in a New Window

Global investors are on the hunt for U.K. property bargains, expecting that Brexit-fueled economic turmoil could weaken real-estate values. The drop in the value of sterling has only increased the appeal.

 

Big Chinese Developers Push Into Hong Kong MarketOpen in a New Window

China’s property developers are aggressively bidding for prime public land in Hong Kong as competition heats up in a sector where Asia’s wealthiest tycoons built their fortunes.

 

Arkansas Bank Fills a Lending VoidOpen in a New Window

Bank of the Ozarks has stepped into a void left by bigger banks that have pulled back from commercial lending in recent months amid softness in big markets such as New York and Houston.

 

Wells Fargo's Response to Brexit? Buying in London's Financial DistrictOpen in a New Window

Wells Fargo agreed to spend about $400 million on a new property in London and consolidate its operations there, a move that comes just under a month after U.K. voters chose to leave the European Union.

 

After East New York Zoning Change, City Pushes Job GrowthOpen in a New Window

An industrial tract in East New York is the linchpin of a plan by Mayor Bill de Blasio to bring more jobs and affordable housing to one of the city’s poorest neighborhoods.

 

Newmark Hires Fred Smith From Cushman & WakefieldOpen in a New Window

Newmark Grubb Knight Frank, has lured Fred Smith, an office leasing broker who had worked at Cushman & Wakefield for 31 years, to be a vice chairman in its New York office.

 

Opponents Seek to Stop Government's Sale of Plum IslandOpen in a New Window

The 840-acre island, just off the eastern tip of Long Island’s North Fork, is home to rare plant species, endangered birds and a few conspiracy theories.

 

Re-Imagining the Former Toys 'R' Us Store in Times SquareOpen in a New Window

Hidden behind a wooden construction wooden facade in Manhattan’s Times Square is the skeleton of the former flagship Toys “R” Us store, now being converted into locations for Gap and Old Navy.

 

Plenty of Room: Co-Working Office-Space Business Takes OffOpen in a New Window

The co-working business is mushrooming, with new locations popping up in old warehouses and new skyscrapers alike, as small and medium-size businesses opt for work spaces where members share common spaces.

 

Brexit Adds Chill to Slumping Commercial Property SectorOpen in a New Window

Wall Street is bracing itself for what could be a prolonged slump in the commercial real-estate-services sector, as Brexit’s repercussions ripple through the market.

 

Shoppers Are on Alert for More Than Bargains at MallsOpen in a New Window

Consumers and mall landlords are paying more attention to security issues amid the spate of shootings in public areas in recent months.

 

Mall Owners Push Out Department StoresOpen in a New Window

Once the linchpin of American shopping malls, department stores are being displaced by newer types of retailers that do a better job of driving shoppers to the centers and lifting overall mall sales.

 

Developers Turn to Materials of Old to Stand Out in Modern EraOpen in a New Window

Some developers in New York City are increasingly relying on terra cotta and other materials used extensively in the construction of buildings in the late 19th and early 20th centuries.

 

An Industrial Alley Gets New Life as Leafy LaneOpen in a New Window

Once a passageway for trucks, the gated walkway runs behind the Printing House condominium in the West Village.

 

In a Post-Brexit World, Will Ireland's Real-Estate Rush Fizzle?Open in a New Window

Ireland’s commercial-property market is suddenly looking more subdued after Brexit. Some of the negative impact will likely be felt by NAMA, the so-called bad bank formed to manage troubled real-estate assets.

 

Will Ireland's Hotel Boom Slow After Brexit?Open in a New Window

Ireland’s hotel industry is going through its biggest boom since the global economic downturn. But the surprise vote by the U.K. to leave the EU raises questions about whether conditions in the hotel industry will stay rosy.

 

Ireland's Thriving Retail Landlords Face Threat From BrexitOpen in a New Window

Ireland’s market for retail properties has been strong, with store sales and rents climbing amid a healthy economy, but the U.K.’s decision to leave the EU could hurt the sector.

 

A Silver Lining for Irish Office Sector Post-Brexit?Open in a New Window

The U.K.’s surprise vote last month to leave the EU will likely create a short-term slowdown in deal activity in Ireland’s office market, but analysts say that landlords and investors actually may benefit in the long term.

 

Standard Life Suspends Trading in U.K. Property Fund, Citing Brexit WithdrawalsOpen in a New Window

Standard Life Investments has suspended trading in the £2.9 billion Standard Life Investments U.K. Real Estate Fund and its associated feeder fund.

 

Brexit Vote Casts Shadow Over London Building BoomOpen in a New Window

Goldman Sachs’s London headquarters is one of at least 20 new buildings being built by foreign financial-services companies. While most say that they haven’t changed their mind on construction yet, their sites are a symbol of post-Brexit risks for the finance industry and for Britain.

 

Underground Library in Manhattan Rewrites Design RulesOpen in a New Window

The new public library on West 53rd Street in Manhattan might be mistaken for a SoHo boutique. The New York Public Library’s signature lion logo is the only giveaway that books are inside.

 

Larchmont Residents Rush to Save TheaterOpen in a New Window

With the 83-year-old Larchmont Playhouse up for sale, a group of residents of the town northeast of Manhattan are raising money and trying to find a way to keep the theater going.

 

Brexit Vote Roils Real-Estate MarketsOpen in a New Window

Investors are dumping property shares in Britain and developers are reassessing projects following the U.K. vote to leave the EU.

 

Chinese Buyers Look Again at U.K. PropertyOpen in a New Window

As turmoil continues to grip U.K. markets, some in China are beginning to eye British property for potential bargains.

 

GIC in Talks to Buy Owner of Manufactured-Home CommunitiesOpen in a New Window

Singapore sovereign-wealth fund GIC is negotiating to acquire Denver-based Yes Communities, an owner of manufactured-housing communities, in a deal valuing Yes at more than $2 billion.

 

Classic Waldorf Hotel to Be Gutted, Up to 1,100 Rooms Turned Into CondosOpen in a New Window

The Chinese acquirer of New York’s Waldorf Astoria is finalizing plans for an extensive overhaul that would shut the landmark hotel for up to three years and convert as many as three-quarters of its rooms into private apartments.

 

Appetite for Casual Restaurants Grows Among City Building OwnersOpen in a New Window

As fast-casual restaurants, juice shops and gourmet coffee bars have been expanding their presence in Manhattan, they are finding a receptive audience not only among consumers but also building owners.

 

A New Generation Takes the Helm at the William Kaufman OrganizationOpen in a New Window

After Robert Kaufman died earlier this year, his grandson, Jonathan Iger, took sole control of one of New York’s real estate dynasties.

 

Trump No-Show Earns City's Ire in Bench BattleOpen in a New Window

New York City officials fined Donald Trump $10,000 after his representatives failed to show up at a hearing to explain why a bench remained missing from the Trump Tower lobby.

 

Rising Supply Pressures Urban Rental BoomOpen in a New Window

After a five-year boom in which rents have jumped by about 20% nationwide, some of the nation’s biggest cities—New York, San Francisco, Seattle and Boston among them—are beginning to see slower increases.

 

IKEA Plans Upgrades, Expansion in RussiaOpen in a New Window

IKEA Centers Russia plans to invest about $2.1 billion to redevelop its portfolio of 14 properties in the country anchored by the namesake furniture retailer.

 

REIT Sector Gets Lower Marks on Pay PlansOpen in a New Window

The real-estate investment trust industry, which has gotten high marks in recent years for adopting compensation programs that investors like, has suffered a bit of slippage in 2016.

 

U.K. Property Market Braced for BrexitOpen in a New Window

If Britons vote to leave the European Union on Thursday, real-estate prices—from homes to London office towers—are expected to drop, but a weaker pound could spur a buying spree among foreign investors.

 

Rudin Family's New Firm Offers Tech to Run BuildingsOpen in a New Window

The Rudin family has launched a company called Prescriptive Data that offers an operating system designed to be a building’s “brain.”

 

Online Retail Gives Industrial REITs a LiftOpen in a New Window

Investors in recent years have been ho-hum about online shopping’s potential as a growth engine for companies that own warehouses and distribution centers. Now Wall Street is giving that a rethink.

 

Hong Kong Builders Embrace Art, DesignOpen in a New Window

Real-estate developers are seeking more flair to differentiate themselves in a crowded market.

 

Airbnb Will Collect Hotel Tax for Hosts in ConnecticutOpen in a New Window

Airbnb has reached an agreement with Connecticut to collect hotel taxes on behalf of people who rent their homes using the short-term rental business.

 

Malls Embrace High-Tech to Entice ShoppersOpen in a New Window

Some mall landlords are pouring money into technology, investing in mapping functions to help shoppers find parking spaces and navigate mall corridors.

 

Missing From Trump's New Hotels: the Family NameOpen in a New Window

Donald Trump has put his name on everything from bottled water and fragrances to airlines and vineyards—but don’t look for it on his new chain of hotels.

 

Wyndham Unveils Major Rebranding Plans for Its Hotel ChainsOpen in a New Window

Wyndham Hotel Group is expected to announce new marketing campaigns and decorating schemes on Wednesday for its brands, including Super 8 and Travelodge, to fine-tune each chain’s identity.

 

Real-Estate Magnate Faces Criticism on Proposed DealOpen in a New Window

Nicholas Schorsch, whose real-estate empire was rocked by an accounting scandal two years ago, has come under fire from an independent director who resigned from one of the companies Mr. Schorsch manages.

 

Countrywide PLC Offers Fixed-Rate Online ServiceOpen in a New Window

Countrywide PLC said it is launching a new fixed-rate online service as a response to the growing customer demand of managing the process of buying or selling a home at a smaller cost.

 

IRS Shuts Down Remaining Channels for REIT SpinoffsOpen in a New Window

The IRS shut down an apparent gap in a tax law that otherwise could have allowed companies across industries to continue spinning off their property holdings into tax-advantaged real-estate investment trusts.

 

Builder Riles Up Unions Amid Push Into NYC MarketOpen in a New Window

Gilbane Building, which has been making a big push into the New York City market, has become a lightning rod for construction workers battling to maintain the city’s status as one of the nation’s last union bastions.

 

Pacific-Rim Property Firms Hurt by Slowdown in China GrowthOpen in a New Window

China’s receding growth rate is taking its toll on listed real-estate companies throughout the Pacific Rim region.

 

Investors and Japanese REITS: A Love StoryOpen in a New Window

Japanese REITs have been a bright spot in Asia this year, helped by strength in the country’s real-estate market, negative interest rates, and direct buying by the Bank of Japan.
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