Our people are all under pressure to perform. I'm confident that they will.

NEW YORK CITY-According to its SEC filing, the 20 million shares are expected to move for an estimated $9 to $11 per share. After going public, you can also expect a change in strategy.

CANNES, FR-Last week's Mipim conference gave analysts from around the world the opportunity to place their bets on the hot spots and cool locations among international real estate centers.

CANNES, FR-A French investment firm, with its roots stretching back to the Napoleonic wars, is ready to boost city centers in need of rehabilitation. In other Mipim news, LandAmerica officially unveiled its Euro offices.

CANNES, FR-While Hines Italia awaits the next round of approvals on its $621.4-million Garibaldi Repubblica, Apollo, in joint venture with Rida, unveils its $870-million purchase of retail centers throughout Poland.

CANNES, FR-As more than 15,000 real estate executives from around the globe descend on this resort town, executives from King Sturge reveal to GlobeSt.com that the firm has just inked a deal for an alliance in Mexico.

Talk about your contrarian views. Peter Linneman thinks a jobless recovery is not only necessary, it's normal. And he thinks that real estate types who bemoan the horrors of the recent recession and the attendant loss of jobs to places like India are displaying twin lapses of memory and imagination.

When you're going into South America, look at all the issues and adjust your return requirements accordingly.