Posts tagged economic growth
Gurgaon and Noida are key office locations in the Delhi NCR (National Capital Region) and are well differentiated real estate markets. Noida has considerably lesser stock, higher vacancy and lower rents as compared to those in Gurgaon. However, signs of convergence between the two markets are emerging.
Existing stock in Gurgaon is 33 million square feet, which is more than double that of Noida’s 13 million square feet. A relatively large development pipeline in Noida is set to increase its market size to more than 60% of Gurgaon in the next three years. This will help to bridge the gap between the two markets and provide strong impetus to developers and occupiers in Noida. More >
Whilst our previous labour prime minister preferred to “stay at home” over the summer months, our new Coalition Conservative Prime Minister David Cameron had a rather more exotic venue in mind. Cameron led a 150-strong trade delegation to India last week, a country with a population of 1.2 billion and with an economy expected to grow at 8% a year for the next 25 years.
Whilst Britain’s own economy is predicted, in a new forecast from Goldman Sachs, to experience a stronger recovery in 2011 at 2.9% as compared to the US, 2.4%, and the Eurozone, 2.2%, this almost pails into insignificant when compared to the prizes that await businesses that successfully penetrate the vast, growing Indian marketplace. More >
Robust Recovery in 2010 Will Just Return U.S. to Middling Economy, Says NAI Global Chief Economist Dr. Peter Linneman
Strong, steady economic growth over the next two years will just return the U.S. economy to a pre-2008 level, giving us back what we needlessly lost due to government-induced panic and poor lending practices, according to a new white paper from NAI Global Chief Economist Dr. Peter Linneman. The white paper examines the overall outlook for the job market and provides a forecast for the next three years. More >
Join NAI Global Chief Economist Dr. Peter Linneman for a discussion on how the European debt crisis will impact economic recovery in the U.S. and the rest of the world. Is our confidence shaken, or just stirred? Dr. Linneman will also be available to answer your questions during the event.
Dr. Linneman, widely recognized as one of the leading strategic thinkers in the real estate industry, was recently cited as one of the 25 most influential people in real estate by Realtor Magazine. He serves as the Albert Sussman Professor of Real Estate, Finance and Public Policy at the Wharton School of Business, the University of Pennsylvania, and Principal, Linneman Associates.
The Global Economic Outlook Web Conference will be held July 21, 2010 at 1:00 PM EDT. Participation is limited, so be sure to register early by clicking here.
It is interesting to read recently in the press (or perhaps not to read) about Mexico’s economic strength and recovery. All eyes have been on Brazil and it seems as though many people have gotten so bedazzled by the Carioca sun that they have written off Mexico as a competing Latin America doyen. Well, some very interesting news was announced recently that belies that chosen disregard. In April, the Mexican Treasury sold US$1 billion worth of 30-year bonds on the international market and they were snapped up like hotcakes. So much was the demand that the offering was apparently two times oversubscribed – this during a time when capital is supposedly tight and the owners thereof are being very circumspect about their investment targets. That is a lot of investment-sensitive people acquiring Mexican sovereign debt. And just prior to that in March, the Mexican government sold US$1 billion of 10-year bonds at 5.125% interest. And before that in January, when the global economy was just beginning to see signs of recovery, Mexico sold the same quantity of bonds – US$1 billion. More >