Five Business-Related Issues Trump Did Not Address In His First Press Conference
As President-Elect
At his first press conference as president-elect, Donald Trump tried to quell conflict of interest concerns by announcing he would hand over his company's management to his sons, but many questions about his business interests remain unanswered. Here are the five biggest:
1. Potential Breach Of The Old Post Office Building Lease
Neither Trump nor his attorney — who did most of the speaking about the future of the Trump Organization — addressed what would happen with The Trump Org's lease with the General Services Administration for the Old Post Office Building, which could…
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Toronto's Trump Hotel Is Officially For Sale
Speaking of President-elect Donald Trump, Trump International Hotel & Tower Toronto is officially on the block, with bids starting at $298M. Receiver FTI Consulting Canada, via CBRE, is handling the sale of 211 hotel and 74 residential units, along with…
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Miller Thomson Inks 10-Year Lease At KPMG Tower
SmartREIT and JV partner Mitchell Goldhar have inked law firm Miller Thomson to a 10-year lease (plus two five-year extensions) at KPMG Tower in Vaughan, the first building in the SmartCentres Place master plan development. The recently opened 360k SF…
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Toronto Absorbed 1M SF Of Class-A Office In 2016
Toronto office had another top-notch year in 2016, with more than 1M SF of Class-A space absorbed downtown — 116k SF in the final quarter alone, according to fresh figures from Cushman & Wakefield. Toronto, home to One York St,…
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Safe Bet: REITs To Remain Resilient In Midst Of Monetary Tightening, Interest Rate Hikes
The Federal Reserve is prepared to move short-term interest rates another two or three times this year, and experts anticipate REITs will remain a safe investment during this time.
REITs have been managing their balance sheets since the recession, the National Association of Real Estate Investment Trusts reports, creating resilient and diversified portfolios to withstand heavy hits from central bankers should a tightening in monetary policy occur.
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Clicks-And-Bricks: In Today's Culture, One Can't Function Completely Without The Other
The industry is nearing a point where retailers cannot thrive without establishing a strong online presence to engage with customers.
But don't let the bold headlines suggesting the death of brick-and-mortar fool you. Physical retail is far from dead, but the physical landscape has evolved. There's been a shift in the last few years in which e-commerce retailers have been opening physical stores, and CBRE head of retail research in the Americas Melina Cordero said that trend will only grow.
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