High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Retail  | 

RCA Report: Global Cities Price Growth Slows in 2018

Global commercial real estate gateway cities continued to experience slowing in annual price growth. New research by Real Capital Analytics (RCA) shows a fourth consecutive quarter of the deceleration trend. The Global Cities Composite of the RCA CPPI rose 6.1% in the fourth quarter from a year prior, down from a 10.6% pace at the end of 2017.

RCA’s Elizabeth Szep writes, “Boston, Washington D.C. and Toronto all registered modest price declines in 2018, and the pace of growth slowed in nearly every other American market compared to 2017. San Francisco is still posting annual gains in the double digits, but again this is a slower pace than last year. The trend of price softening in North American gateway cities has been ongoing since mid-2017.”

Price growth in European markets continues to cool, amidst political uncertainty and concerns about slowing economic growth. The pace of price growth in Asia Pacific cities is still well above the Americas or Europe, but Szep also points out increases have been slowing throughout 2018.

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Connect With RCA’s Szep

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action
New call-to-action
New call-to-action
New call-to-action