CoStar Insights

Chinese Investment in US Real Estate Raising Concerns in Washington, DC

by CoStar News | Jun 01, 2017

In case you missed it, here's our latest weekly roundup of top national commercial real estate stories, as reported by our plugged-in CoStar News team.

Chinese Investment in US Real Estate Raising Concerns in Washington, DC

As Chinese investors continue to splurge on U.S. commercial real estate, concern is rising in Washington D.C. over the potential implications this deluge might be having on national security. Three ranking members of the U.S. Senate, last week requested that the Government Accountability Office investigate how the Committee on Foreign Investment in the United States examines U.S. real estate transactions involving foreign investors.

 RECon RECap: Shopping Center Owners Shift Focus to Recaptured Store Spaces

About 37,000 retailers, retail brokers, investors and other retail professionals gathered in Las Vegas last week for RECon, the industry's largest trade convention, amid a tangible sense of frustration -- not so much about the retail real estate business, which remains uniformly good, but rather over the gloomy headlines and negative narrative regarding store closures and retailer bankruptcies that have dominated recent headlines.  

Growing Complexity, Changing Dynamics of Retail has Investors Taking Wait-and-See Approach

While capital markets pros pushed back vigorously at the lousy sentiment enveloping the retail sector, many acknowledge that the era of e-commerce and omni-channel marketing has complicated investment in the physical store space. Despite an abundance of available capital for well-located mall and shopping center properties, lenders continue to limit their exposure to lower-quality retail assets and centers hit by the loss of department stores and other anchor tenants.

Blackstone Launching $40 Billion US Infrastructure Fund with Saudi Arabia Public Investment Fund

Earlier this month while President Trump was making an official visit to Saudi Arabia, Blackstone and the Public Investment Fund of Saudi Arabia (PIF) signed an agreement outlining the framework for a new infrastructure investment fund to be launched with a $20 billion investment from PIF. Blackstone said it expects to raise another $20 billion for the program from other investors.

 
 

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