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WeWork says it will renegotiate nearly all of its leases - and it's another sign that commercial real estate is in trouble
WeWork sees the widespread weakness in the commercial real estate market as an opportunity to reneg…
Matthew Fox
Domestic occupiers keep office space demand high in 2023
During the first three quarters of 2023, there was a 38 million square feet of gross absorption in …
From offices that look like Apple stores to private call booths, here are 5 ways your workplace is changing
The office landscape permanently changed after the pandemic, and, from the rise in hybrid work to a…
Tim Paradis
The office market is in trouble. Here's what real estate experts say all that space could be used for instead.
Faced with empty workspaces, creative office landlords are eyeing alternative uses for their buildi…
Yuheng Zhan
Meta spent billions to close offices and lay people off. Now we know why.
Mark Zuckerberg lost $16 billion on the Metaverse last year, but Meta investors are elated because …
Peter Kafka
Office-to-residential conversions have surged 357% since 2021 as billions in commercial mortgages come due
Pandemic work-from-home trends have left countless office buildings empty, crushing property values…
Phil Rosen
Embassy Office Parks REIT Q1 revenue up 10%; will raise debt up to Rs 1,600 crore
Embassy Office Parks REIT on Wednesday reported revenue from operations increased 10% to Rs 913.6 c…
PTI
It's not just Jeff Bezos Amazon's looking for office space in Miami, too
In October, Amazon founder Jeff Bezos snapped up a seven-bedroom mansion in Indian Creek, Florida, …
Huileng Tan
US office buildings are facing a 30% price drop as remote work continues to upend the sector, Morgan Stanley says
US commercial real estate is headed for a wall of debt maturities
Jennifer Sor
Office space supply up 6% in April-June 2023 led by Hyderabad, Bengaluru & Chennai: CBRE report
At the pan-India level during the April-June 2023 period, office space supply grew by 6 % and Hyder…
PTI
Flat demand keeps office rent stable in Apr-Jun even as new supply rises 32% across top 6 cities: Colliers
Average office rentals remained stable during April-June at ₹95 per square feet across six major ci…
PTI
Start-ups account for almost ⅓ flex place adoption, second only to technology sector
India's operational flexible office space (flex stock) is expected to double in size to reach 106 m…
Trump is in advanced talks to sell the leasing rights to his hotel in Washington, DC: report
The details of the deal are still unknown, but Axios reported that "Trump's representatives have be…
John L. Dorman
House Oversight Committee chair asks the federal government to consider terminating Trump's DC hotel's lease after his accountants dumped him
Terminating the hotel lease would "end, once-and-for-all, the grave damage this inappropriate lease…
Bryan Metzger
42 states still allow pet leasing — meaning Fido could get repossessed just like your house or car
A Massachusetts financial services firm paid nearly $1 million after allegations of illegal pet-lea…
Jason Lalljee
OYO joins the string of startups that are permanently leaving office spaces to reduce real estate costs
Indian hospitality unicorn OYO has just announced that it is permanently shifting to a hybrid workp…
Russian airlines may soon resort to 'cannibalizing' planes and creating a 'Frankenstein fleet' to keep Western-built planes flying
Experts say Russia's airlines may have to take extreme measures to keep planes in the air as the co…
Taylor Rains
Leasing by flex space operators hits a new high of 7 million sq.ft in 2022: Colliers
Leasing of flex spaces was reportedly the highest in 2022 as compared to previous years. According …
'We like to develop in Texas': Why the Lone Star State keeps building offices that remain vacant
Texas has high office vacancy rates, but that's not stopping developers. "If there's demand, why wo…
Jordan Pandy
Adam Neumann wants to regain control of WeWork. Here's why your office is still open despite the bankruptcy filing.
WeWork cofounder Adam Neumann is exploring an offer to buy it back or give it financing. Here's wha…