Commercial News for 7/8/15
WSJ.com: Commercial Real Estate
No Crisis of Interest in Greek Islands
Vacation properties on the Greek island of Mykonos are drawing interest from global investors, but sales remain subdued.
In Nature We Trust: Conservationists Aim to Buy Private Islands
A number of conservation nonprofits and governments are stepping into the market to scoop up private islands and protect the pristine properties from developers.
Home Developer Five Point Files for IPO
California residential developer Five Point Holdings made a preliminary filing for an initial public offering, signaling that the IPO market has warmed to home builders have a year-plus lull.
Poland Lures More Major Warehouses
Poland is attracting more major distribution centers now that transport links with the rest of Europe have been upgraded.
Office Market Is on a Slow Roll
Employers took on 8.2 million square feet of additional office space in the second quarter, one of the stronger periods since the recession but a relatively tepid expansion by historical standards.
Eccentric European Hotel Chain Says Hello to Hollywood
A French boutique hotel brand known for outrageous flourishes is hoping its risqué formula can translate across the Atlantic, starting with the opening of its first U.S. property in Los Angeles.
In Warsaw, Changes in Altitudes
A new wave of office construction is altering the skyline of Poland?s capital as the city goes through its latest surge of development.