Renovated townhouses, with 2-3 additional stories, have become a largely unwelcome trend in Washington D.C., according to a Washington Post article. The townhomes, nicknamed “pop-ups,” due to their being significantly taller than the surrounding townhomes, are considered by many to be an eyesore. But with the high demand for housing in D.C., oftentimes the only
Despite continued political unrest, retail real estate development in Cairo is booming, an article in the Wall Street Journal says. Many of the retail projects are large shopping centres, the latest being Mall of Egypt. The new shopping centres are being built not only as retail centres, but as social centres as well, featuring facilities
There are many ways of measuring office spaces, and they don’t all come up with the same end result. According to a Wall Street Journal article, a new international coalition of real estate organizations wants to change that. Over the last year, they have worked to come up with a standardized way of measuring leasable
Old jail cells in Germany will no longer be for inmates, according to an article in the Wall Street Journal article. With a decrease in Germany’s prison populations, along with demand for new housing, many developers are converting old prisons into apartments. The phenomenon is particularly common in larger cities where housing is particularly tight,
Some luxury buildings in New York are causing a stir by excluding rent-regulated tenants from accessing amenities, according to a New York Times article. Tenants in buildings where this is happening see it as a tool for developers to encourage tenants paying the lower rent rates to move elsewhere, allowing them to rent out more
Converting older office buildings into new apartments may not be a new idea, but it’s one that is starting to spread, according to an article in the Wall Street Journal. The trend has being going on for years in New York City, but has just recently started appearing in other American cities. Most of the
The move towards smaller living spaces has inspired innovations in increasing the functionality of small spaces, as seen in a 420 square foot studio apartment featured on CNNMoney. The main room of the apartment features a rolling wall that contains cabinets, drawers, and a standing desk. The wall can also be rolled out to create
The population surge of millennials in Washington D.C. has caused local developers and architects to start changing how they make living spaces, according to an article in the Washington Post. Millennials are, as a rule, more concerned with amenities than square footage, leading developers to design buildings with smaller living spaces and more amenities. Those amenities
Hotel builders are poised to profit off the estimated 10,000 workers coming to harvest natural gas in Palma, Mozambique, according to a Wall Street Journal article. Nearly four years ago an American company discovered one the of world’s largest untapped natural gas reserves off the coast of the small village, which not only had no
Real estate expert Peter Linneman has some predictions for commercial real estate in 25 years, and some of them may surprise you. The full list, based on an interview with Linneman conducted by Robin Micheli, can be found on CNBC, but one prediction that stands out is that shopping malls will be extinct, replaced by