Posts tagged NAI
I am often travelling to large Russian regional cities where we manage office properties and shopping centers, and I always feel how different these markets are in comparison to the Russian capital. Because they are much smaller than Moscow, they are often disregarded by foreign investors and developers. More >
After approximately two years of reluctance for logistic properties, Germany’s investment market has been recovering in that sector in 2010. More >
While it has been fun to talk about iPads and Nano chips, the next series of blogs will focus on technology implementation and support at the basic fulfillment level. I will try to keep it in plain English vs too much tech-speak, which is endemic to everyone in this technology world. More >
Retail analysts are watching the A&P bankruptcy very closely. A&P, which operates supermarkets under the A&P, Super Fresh, Pathmark, Waldbaum’s, Food Emporium and Food Basics, filed for Chapter 11 bankruptcy on Monday. The corporation currently operates nearly 400 supermarkets across the northeast U.S.
What happens to those hundreds of locations now? How many will go dark and close, be sold to competitors or redevelopers? What impact will all these changes have on the other grocery brands (i.e. Shop Rite, Albertsons, etc) as the available markets come into play?
A&P owners contend that they will reorganize and emerge from bankruptcy as an ongoing concern. But with millions in debt, an expensive workforce and declining profits, the next step is clearly unknown.
According to the Moody’s REAL Commercial Property Price Indices (CPPI), US commercial real estate prices have declined 42.7% since the market peaked in October 2007. However, in September the index posted the largest one month price increase in the index’s nine-year history, a 4.3% increase. Since bottoming out in the third quarter 2009, the index has generally flattened out with monthly volatility partly based on economic uncertainties and a lack of sales volume. The lack of sales volume is partly due to the lack of available mortgage funds. More >