Tag: CRE

London may need $43B in upgrades to prevent office space from becoming obsolete.

The global serviced office market, valued at US$140.7 billion in 2023, is expected to experience substantial growth, reaching US$222.1 billion by 2032.  This expansion is forecasted to occur at a ...

Around 18 months ago, McKinsey forecasted the potential long-term effects of the pandemic on commercial real estate. The firm has since revisited those predictions, and say the outlook for office ...

India’s flexible workspace sector reached a significant milestone in 2024, recording a gross leasing volume (GLV) of 12.4 million square feet (MSF), marking a 57.5% year-on-year (YoY) growth, according to ...

Commercial real estate company CBRE released a revenue report on Thursday showing strong growth.

The Central London office market wrapped up 2024 on a strong note, with a significant boost in leasing activity and investment, according to new findings from CBRE. Take-up in the ...

Amazon is expanding its presence in Manhattan by leasing an additional 112,000 square feet at 5 Manhattan West, a 1.8-million-square-foot office building owned by Brookfield Properties.  This expansion is facilitated ...

Trump’s administration directs GSA to cut 7,500 federal office leases in a downsizing effort.

National inventory hit 7,695 spaces at the end of 2024, up 2% from the third quarter when there were 7,538.

CBRE Group, Inc. has reached a deal to acquire Industrious, a leader in flexible workplace solutions. The acquisition, set to close later this month, will create a new CBRE segment ...