CommercialEdge, Santa Barbara, Calif., reported Q1 office sales fell to $5.4 billion, 17% below the 2023 first-quarter result.
Tag: Office
Urban Land Institute: 2024 Will Continue to See Challenges, but Optimism Ahead
The Urban Land Institute, Washington, released its Real Estate Economic Forecast for Spring 2024. Among the major takeaways–while 2024 is seeing a solid economy, high interest rates continue to weigh on the industry.
Fitch: Office Property Performance to Worsen Amid Rising Market Pressures
Office loan performance will likely continue to weaken as market pressures build, reported Fitch Ratings, New York.
CBRE: Hybrid Work Has Companies Facing New Set of Office Occupancy Challenges
CBRE, Dallas, said as companies bring employees back to the office, executives grapple with new complexities: tracking daily occupancy, managing seating assignments, finding the right balance of individual versus collaborative space.
Reimagining Office While Working from Home
How companies and their workforces will use office going forward is an increasingly popular subject in 2020. There are questions around existing buildings and how landlord business plans and those of their lenders will perform.
Reimagining Office While Working from Home
How companies and their workforces will use office going forward is an increasingly popular subject in 2020. There are questions around existing buildings and how landlord business plans and those of their lenders will perform.
Office Sector Woes Continue
Analysts say the pandemic shutdown and millions of job layoffs are weighing heavily on the office sector.
Most Employers Favor Phased Return to Workplace
Most companies plan a gradual, cautious approach to bringing employees back to their workplaces as governments begin to lift restrictions tied to COVID-19, said CBRE, Los Angeles.
Tech Industry’s Office Leasing Share Tops 20%
CBRE, Los Angeles, said the tech sector is claiming a growing share of major U.S. office-leasing activity as indicators point to continued momentum for the sector over the next two years.