Physical Occupancy Of Manulife US REIT Falls To 32%

USA – The physical building occupancy of Manulife US Real Estate Investment Trust (REIT) has declined from 34 percent in April to 32 percent in May 2022, according to its latest business update that was...

Manhattan Office Leasing Volume Rebounds

USA – Data from Colliers showed that while the amount of office space rented out in Manhattan dropped month-on-month in April, it’s significantly higher on an annual basis, reported the New York Business Journal on...

Blackstone Signs Deal To Double Office Space In New York

USA – Blackstone has inked a lease to significantly increase its workspace in midtown Manhattan, making it one of the latest firms to bet on the recovery of New York’s office market as its headcount...

Pandemic Gave Commercial Property Tenants Upper Hand In Rental Deals

USA – Real estate experts revealed that the COVID-19 pandemic has taken some of commercial property landlords’ long-held advantage and given it to tenants, reported CBS News on Friday evening (25 March, SGT). Across the United...

Tech Firms Lead US Office Leasing Activity

USA – Office rental rates across the country turned positive for the time since the start of the COVID-19 pandemic thanks to 5.4 million sq ft of net occupancy growth, reported Computerworld magazine on Tuesday...

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