Cushman & Wakefield estimates that the average yield on top-quality City offices has widened from 4.25% to 5.25%. At constant rates, that implies a price fall of 23%. The Times
Over 87% of international firms said that less than half of their current corporate real estate portfolio would qualify as ‘green’ or ‘sustainable’, according to a new report from Knight Frank.
Prologis has acquired a 150,000 sq ft unit in Park Royal, London, in an off-market purchase and leaseback for approximately £70m.
New York, Paris, London, Berlin and Frankfurt are expected to be among the fastest-transitioning cities to hybrid working.
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