RECKITT INVESTS UP TO $600 MILLION TO ACCELERATE U.S.-BASED INNOVATION, EXPAND ACCESS TO HEALTHCARE PRODUCTS, AND STRENGTHEN SUPPLY RESILIENCE
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
Aims to unite commercial and R&D in North American Campus Establishes science and innovation center to become global germ protection hub Expands initial investment for its largest OTC manufacturing facility by 50% NUT…
External link. Real Estate Trail does not republish source content.
More from the wire
No word when tenants of Loudon County apartment complex can go home
Gencom Buys Intercontinental Miami for $300M
Gencom , with White Bridge Capital, acquired the iconic InterContinental Miami, a 652-room waterfront hotel for $300 million (Bloomberg). The 34-story hotel is situated at 100 Chopin Plaza. It has a prominent waterfro…
A path to sub-7% mortgage rates is back on the table
As rates have fallen, housing demand has stabilized the last two weeks