Good morning! We compiled three commercial real estate articles for you today. They cover the ICS Conference in New York, the announcement of Amazon Go and a forecast on the effects of Trump’s presidency on real estate.
Interviews with professionals at the ICSC Conference lead to a few insights about the commercial real estate world, including luxury brand’s expected comeback, a greater focus on retail stores in urban locations and the necessity of data in deal-making.
Yesterday, Amazon debuted their first check-out free store. Customers merely sign-in to their Amazon app, shop for whatever they need and then are charged when they walk out of the store. Bloomberg argues this move should be enough to make traditional retailers sweat.
What do we expect from a Donald Trump presidency? Uncertainty. Early sign though show a 3.4% gain in the DOW and interest rates have climbed from 1.75% to 2.30%. A scaling back on Dood-Frank would also be good for the commercial real estate, the author argues.