Global Real Estate Leasing Market Procurement Intelligence Report with COVID-19 Impact Analysis

Press release content from Business Wire. The AP news staff was not involved in its creation.


The Global Real Estate Leasing market will register an incremental spend of about $21 billion, growing at a CAGR of 5.25% during the five-year forecast period. A targeted strategic approach to Global Real Estate Leasing sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic . Request free sample pages

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SpendEdge has announced the release of its Global Real Estate Leasing Market Procurement Intelligence Report (Graphic: Business Wire)

Key benefits to buy this report:

  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints on category growth?
  • Who are the suppliers in
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Covid drives historic demand for life sciences real estate and these REITs, report says

  • Venture-capital investment in the life sciences sector grew to a record rolling annual total of $17.8 billion in the second quarter.
  • Covid-19 is accelerating an already growing demand for real estate in the sector.
  • “The biotech sector may be the single most attractive subsector within commercial real estate today,” said Spencer Levy, chairman of Americas research and senior economic advisor for CBRE.

a person standing in a room: Research associate Sachi Johnson works at Sorrento Therapeutics where efforts are underway to develop an antibody, STI-1499, to help in prevention of the coronavirus disease (COVID-19) in San Diego, California, May 22, 2020.

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Research associate Sachi Johnson works at Sorrento Therapeutics where efforts are underway to develop an antibody, STI-1499, to help in prevention of the coronavirus disease (COVID-19) in San Diego, California, May 22, 2020.

All the fundamentals are aligning for the life sciences industry, as Covid-19 accelerates already growing demand for real estate in the sector.


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Rents are rising for lab space, vacancies are plunging and research and development, and employment and new development are expanding further, thanks to strong venture capital investment. 

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Here’s where first-time homebuyers should look for real estate: report

First-time homebuyers should probably consider looking for their new place in Michigan, according to a recent report.

On Tuesday, personal finance technology company SmartAsset ranked the best U.S. cities for people who are buying their first homes.

Grand Rapids, Michigan, made it to the top of the list.


For its ranking, SmartAsset analyzed 185 of the largest cities in the U.S. using data from the Census Bureau and the Bureau of Labor Statistics.

The company compared the cities based on 12 measurements within four categories including home market favorability, affordability, livability and employment.


Grand Rapids ranked in first place because of how well

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WWE’s Brie Bella, Daniel Bryan Put Phoenix Home on Sale for $1.7M | Bleacher Report

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WWE Superstar Daniel Bryan and his wife, former WWE Divas champion Brie Bella, have placed their Phoenix home on the market.

According to TMZ Sports, Bryan and Bella listed their four-bedroom, 4.5-bathroom, 3,000-square-foot home for $1.695 million.

Their decision comes after Brie’s twin sister, Nikki Bella, placed her Phoenix home up for sale in August. Nikki lived next door to Bryan and Brie and only lived in the home for about three months before putting it on the market for $1.995 million.

Per TMZ Sports, Nikki has a contingent offer on the home, which she had built next to Bryan and Brie’s home, as seen on the most recent season of Total Bellas.

Both Nikki and Brie recently gave birth. Nikki and Dancing With The Stars performer Artem Chigvintsev had their first child, a boy named Matteo Artemovich Chigvintsev, on July 31. Just one day later

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Hawaii real estate agents report selling more homes sight-unseen than ever before

As a real estate agent, Catherine Pennell is used to taking a lot of phone calls. But since April, her phone has been ringing more often than during a typical year — she’s fielding two to three phone calls every day from people looking to move from the mainland U.S. to Hawaii.

“I think people are saying, ‘Life is short.’ It’s a lot of talk because they’re not here yet and they can’t get here yet, but I’ve done more sight-unseen sales than I’ve ever done during the pandemic,” said Pennell, who represents Kauai for KW Kauai Keller Williams. “I’ve done three in the last three months.”

Julie Peters, an agent with Island Boutique Realty on the island of Hawaii, said when wildfire season began in August, she was fielding at least one call each day from California residents wanting to escape the area due to smoke and fire danger.

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Report: Court intervention could prevent eviction wave

BOSTON (SHNS) – The Massachusetts judiciary should intervene to prevent a potential surge of tens of thousands of housing removals that could hit when the state’s temporary ban on evictions and foreclosures expires this month, a regional planning agency urged in a new report.

At least 80,000 households in Massachusetts, including both renters and homeowners, will struggle to cover the costs of both housing and basic needs this month, the Metropolitan Area Planning Council concluded after studying unemployment and Census Bureau data.

With the moratorium expiring on Oct. 17, it is likely too late for policy solutions such as increasing rental assistance, offering legal assistance to tenants, or implementing foreclosure protection for struggling landlords, the council representing 101 cities and towns in the greater Boston region said.

Instead, the group directed its message to the state’s Housing Court and to the Baker administration.

Judicial leaders should delay all non-essential eviction

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Chicago’s The Second City Is For Sale: Report

Comedy institution The Second City is going up for sale, according to a report by Variety, as the coronavirus pandemic continues to take a damaging toll on performing arts in Chicago and around the world.

a stop sign at night: The iconic Second City stays closed during the “stay at home” order amid the COVID-19 pandemic on April 21, 2020 in Chicago, Illinois.

© Getty Images

The iconic Second City stays closed during the “stay at home” order amid the COVID-19 pandemic on April 21, 2020 in Chicago, Illinois.

Variety reports that this is only the second time in The Second City’s 60-year history that the company has gone up for sale.


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The originally Chicago- and Toronto-based improv theater was an early training ground for “Saturday Night Live” players including John Belushi, Dan Aykroyd, Gilda Radner and Chris Redd, among other comedy stars such as Keegan Michael-Key, as well as the company-produced “SCTV” TV series in the 1970s and ’80s.

The Second City’s offerings have grown over the years to include online classes, a collaboration with

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Baton Rouge homeowners vulnerable to foreclosure, report says

Nearly 110,000 Louisiana homeowners were unable to pay on their mortgages in September—including some 15,000 in East Baton Rouge Parish—suggesting that the state could be on the brink of a foreclosure crisis when forbearance periods come to an end next year.

According to an analysis released today by national consulting firm Urban Footprint and the Baton Rouge-based Center for Planning Excellence, the mortgage gap in Louisiana—the difference between what is owed on monthly home loans and what mortgage holders are able to pay—is currently an estimated $140 million per month.

In Baton Rouge, as well as in Lafayette and on the Northshore, the gap is nearly $20 million.

In the Greater New Orleans area, which has the largest mortgage gap in the state, the amount is $34 million.

“The findings of this report put more numbers to a housing crisis that we knew was coming,” CPEX Executive Director Camille Manning

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Ontario reports 30 more students with COVID-19 in latest daily report

The number of new COVID-19 cases in public schools across the province has jumped by 37 from the previous day, to a total of 412 in the last two weeks.

In its latest data released Friday morning, the province reported 30 more students were infected for a total of 237 in the last two weeks; since school began there have been overall total of 263.

The data shows there are two more staff members for a total of 61 in the last two weeks — and an overall total of 84.

The latest report also shows five more individuals who weren’t identified for a total of 114 in that category — and an overall total of 137.

There are 318 schools with a reported case, which the province notes is 6.59 per cent of the 4,828 public schools in Ontario.

Three schools are currently closed, according to the Ministry of

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Two Toronto nursing homes are the hardest hit LTC facilities by COVID-19 in Ontario, according to latest report

Two nursing homes in Toronto appear to be among the hardest hit long-term-care facilities by a COVID-19 outbreak, in the latest numbers released by the province Saturday morning.

The 108-bed Fairview Nursing Home, near Dufferin Street and Dundas Street West, reported 42 residents and 12 staff members testing positive, making it Ontario’s largest active outbreak at an LTC home. Less than five deaths have been reported, although it’s not clear why there isn’t a more exact figure.

The 130-bed Vermont Square nursing home on Bathurst Street, north of Bloor Street West, reported an active outbreak with 35 confirmed cases — 25 residents and 10 staff. No deaths have been reported there.

The province has a total of 45 LTC homes with active coronavirus outbreaks, according to its latest data Saturday morning.

An active COVID-19 outbreak indicates that the home has at least one lab confirmed case of COVID-19 (in resident

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