CRE

The overall retail vacancy rate has risen to 13.9% in the second quarter of this year.

Cushman & Wakefield study shows that there is a growing recognition of sustainability as a value-adding factor in commercial properties.

Habitat for Humanity Great Britain launches a new initiative after successfully converting two vacant commercial properties into social housing.

The most common energy saving measure already in place is setting waste management targets, with 31% of landlords implementing them.

Study suggests that by 2030, the demand for office space in nine major cities including NYC, London, and Beijing will be 13% lower than it was in pre-pandemic 2019.

The Federal Public Works Department in Canada unveiled a plan to reduce its office space footprint by up to 50%.

Top commercial property values in the city have seen a 25% decline in the last year.

New York City office vacancy rates surged to an all-time high of 16.1% in the first quarter of 2023.

The commercial real estate sector isn't doing so well, and banks may be seriously impacted.

What's going on:   San Francisco Mayor London Breed and Board of Supervisors President Aaron Peskin are hoping to transform San Francisco's offices into homes, with newly implemented legislation that...