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San Francisco Office Market Shows Signs of Life
Sales are slowly materializing as some sellers are finally accepting much lower prices. Source link
A Mall Owner’s About-Face: Bet on America’s High-End Malls
Updated Sept. 12, 2023 12:16 am ET Listen to article (2 minutes) The European owner of Westfield malls is pulling back from its aggressive plan
WeWork Taps Directors With Bankruptcy Chops After Board Resignations
WeWork has brought in a slate of new board members experienced in restructuring troubled companies through bankruptcy to succeed three directors who resigned because of
WeWork Raises Doubt About Its Survival
WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and a dwindling cash pile amid
Local Malls, Stuck in 'Death Spiral,' Plunge in Value
Crystal Mall’s cut-rate sales price shows how rapidly the value of America’s regional malls has deteriorated in recent years. Source link
Virgin Galactic to launch second commercial space flight next month By Reuters
© Reuters. FILE PHOTO: Virgin Galactic (SPCE) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) as the
Convera selects Temenos to offer fast and secure commercial payments
Temenos (SIX:TEMN) today announced that Convera, a non-bank global B2B payments provider, has selected Temenos Payments Hub running in the Temenos Cloud to modernize its
London's Canary Wharf Takes Brunt of Real-Estate Pain
Empty offices, remote working and corporate tenants fleeing to buzzier parts of the U.K. capital are all hitting the 30-year-old business district. Source link
Next Wave of Remote Work Is About Outsourcing Jobs Overseas
The idea came to Johnny Taylor Jr. early last year, after one of his employees made a case that her technology position could be done
Investors Retreat From Commercial Real Estate Bonds
Markets Credit Markets Office vacancies, rising rates have investors demanding greater yields for commercial-mortgage debt Source link