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Real Estate & Construction News Round-Up (11/09/22) – Fractional NFTs, Infrastructure Lobbying, and Experimental Retail | Pillsbury – Gravel2Gavel Construction & Real Estate Law

This week’s roundup dives into NFT fractionalization and its potential benefit of increasing accessibility in real estate investments, lobbying efforts around Infrastructure Investment and Jobs Act (IIJA) funding, experimental retail spaces, and more.

  • Fractional NFTs, an iteration of NFTs that allow multiple investors to own a piece of a single token, lower the barrier to entry for investing in real assets. (Anthony Clarke, Cointelegraph)
  • The real estate sector is increasing its focus on the resilience of assets, following the market’s unpredictability over the last few years and the deepening risk spectrum. (Kalin Bracken, The World Economic Forum)
  • The passage of the Infrastructure Investment and Jobs Act, along with the billions of dollars it made available for competitive grants, started one of the biggest lobbying drives in years. (Alex Daugherty & John Hendel, Politics)
  • Experimental retail is on the rise as consumers demand more versatility in their shopping experience and move away from traditional brick and mortar locations. (Nathaniel Mallon, Property Weekly)
  • The share of new homes on the market rose to record levels last quarter as mortgage rates rose to a 22-year high, forcing builders to offload homes with steep incentives and at lower prices to attract prospective buyers. (Jonathan Ponciano, Forbes)
  • With real estate driving approx. 40% of global carbon emissions and unsustainable buildings facing increasing devaluation, decarbonisation of the sector has become a key priority for developers. (Kalin Bracken, The World Economic Forum)
  • In an effort to support struggling developers and ease liquidity problems, China has expanded a key financing support program aimed at private firms, including real estate companies. (Bloomberg)

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