Commercial News for 3/7/14
WSJ.com: Commercial Real Estate
Turkey's Turmoil Puts Property Market at Risk
Political and financial turmoil in Turkey is threatening to snap a critical pillar of the government's economic policy: real-estate development.
Turkey Mall Owners Get Tested
Many retail landlords in emerging-market countries have become experts in marketing, pricing, leasing and even public relations as they grapple with sharp currency devaluations or spikes in interest rates.
Turkey's Hotel Sector Forges Ahead
Turkey's currency is tumbling, investor confidence eroding and interest rates soaring amid a stalling economy, splashy corruption headlines and a volatile political situation. But hotel development is booming.
Providence Reclaims a 'Link' to Its Past
The relocation of a one-mile strip of Interstate 195 has opened up its previous path to real-estate development in downtown Providence, R.I.
Plots & Ploys
North Dakota's housing market isn't without risk; Jones Lang LaSalle thought long and hard about changing its name; West Hollywood gets its first new hotel in decades.
Italian Fund Plans Food Theme Park
Eataly and Bologna, Italy, will develop a theme park dedicated to food, as businesses and local governments in the country seek to kick-start several tourism and entertainment-related ventures to help the economy.
CBRE and Jones Lang: Outpacing the S&P 500
The stock market has gotten off to a bumpy start this year, but you'd never know that from the performance of the two biggest commercial real-estate firms, CBRE and Jones Lang LaSalle.