ULI Fills Lend Lease's Shoes on Emerging Trends Report

WASHINGTON, DC-The Urban Land Institute has stepped in to replace Lend Lease Real Estate Inc. as PricewaterhouseCoopers partner in publishing the annual Emerging Trends in Real Estate forecast. The highly touted report has served as a guideline for commercial real estate investors for the last quarter century. The information that real estate industry players find so invaluable in Emerging Trends includes a study of what markets are likely to provide the best investment opportunities, based on an analysis of several cities’ economic status, employment outlook, and a bevy of other relevant factors.

Lend Lease’s exit from its longstanding partnership with PricewaterhouseCoopers comes amid several months of rumors hinting at Lend Lease’s decision to gradually phase out involvement in its real estate investments in the US and several European operations, as reported by GlobeSt.com on May 29. PricewaterhuseCoopers’ new publishing partner claims it is equal to the task of picking up where Lend Lease left off last. “ULI prides itself on providing the most timely, useful, complete industry information available, and no single report is better at this than Emerging Trends,” ULI president Richard M. Rosan says. Interested parties will have their first opportunity to peruse the jointly developed report at ULI’s fall meeting in San Francisco at the end of October.