Chinese Looks to Assert Presence in the Middle East with Oman Industrial City (6 mins)

Inside the Gulf – Part 3 – This series of articles will explore several major projects taking place in the Persian Gulf countries. As the United States takes more of an “America First” approach towards foreign policy, China is looking to step in to the potential void left by the US as the dominant world… Continue Reading Chinese Looks to Assert Presence in the Middle East with Oman Industrial City (6 mins)

PropTech 101: Intro to Disruption in Commercial Real Estate (4 mins)

The pace of innovation in real estate has continued to grow as industry actors, entrepreneurs, and VC funders search for the next true “disruptor.” In 2017, VC funding jumped 200% to $12.6bn, up from $4.2bn in 2016[i], a testament to the potential that the VC community sees in real estate. As tech innovation continues to… Continue Reading PropTech 101: Intro to Disruption in Commercial Real Estate (4 mins)

Frenemies: Is Vertical Integration the Answer to OTAs?

The relationship between hospitality companies and online travel agencies (OTAs) has widely fluctuated over the past two decades. The industry’s responses to the threat of OTAs have thus far had limited impact. This article explores a more drastic solution: vertical integration. When OTAs emerged in the late 90’s, many hospitality companies held a positive outlook… Continue Reading Frenemies: Is Vertical Integration the Answer to OTAs?

Office investment activity in India

When I was working at Deloitte, many of our clients that were US based real estate investment management companies approached us to help structure exits for their investments in India. The regulations laid down several restrictions on foreign investors. The added layer of complexity was the absence of a mechanism for absorption of stabilized product.… Continue Reading Office investment activity in India

Shanghai’s Retail Space: Too Much of a Good Thing

Shanghai’s Pudong Skyline. The city will be the 2018 international real estate case trek destination for students of the Baker Program. Photo Credit: Commons Shanghai is often observed as a benchmark for China’s consumer and retail trends.  In 2017, Shanghai’s population exceeded 25 million people, a staggering record even for the largest city in the… Continue Reading Shanghai’s Retail Space: Too Much of a Good Thing

With a Price Tag of $500 Billion, Saudi Arabia Plans World’s Most Ambitious Mega-City

On Tuesday of last week, to a packed audience at a conference in Riyadh, Saudi Crown Prince Mohammad bin Salman announced the conception of a new mega city to be built in Saudi Arabia. Neom, which means “New Future” is an ambitious attempt by the Kingdom to propel itself upon the world stage by creating… Continue Reading With a Price Tag of $500 Billion, Saudi Arabia Plans World’s Most Ambitious Mega-City

Sustainability in Industrial Real Estate

When Al Gore’s “An Inconvenient Truth” debuted in 2006, the concept of “sustainability” and “green” initiatives became more commonplace in both individual and corporate environments. The main idea behind it was that, as humans, we had a responsibility to care for our environment and minimize environmental damages. In real estate, the first concepts of renewable… Continue Reading Sustainability in Industrial Real Estate

One On One: WeWork

One on One with WeWork It is with great pleasure that the Baker Program in Real Estate and the Cornell Real Estate Council will host WeWork Vice Chairman, Michael Gross (SHA ’97) as the Morning Keynote Speaker at the 34th Annual Cornell Real Estate Conference. To learn more about WeWork and the real estate industry,… Continue Reading One On One: WeWork