WSJ: Offices Around America Hit a New Vacancy Record
The 19.6% of office space that isn’t leased is the highest since at least 1979
(unlocked article here)
Bloomberg: There’s Finally Hope for the Office Real Estate Market
Brokerage JLL says more bidders are re-entering the market
Firm forecasts that property owners will need more equity
(unlocked article here)
FT: US office owners face $117bn wall of debt repayments
Pain likely to be widely spread as landlords struggle to refinance at current interest rates
(article here)
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