CRE Business

Both cities ended 2022 with a rising supply of space and leasing demand still far below historical averages, according to reports this week from brokerage CBRE Group Inc. In San Francisco, the office-vacancy rate soared to a record 27.6%, compared...

“There is no denying that climate change is driving losses from natural catastrophes,” Ernst Rauch, chief climate scientist at Munich Re, said in an interview. “Insured losses of more than $100 billion a year are the new normal.”

After hitting double-digits in the first part of 2022, the pace of annual rent growth slowed to 6 percent in December.

Higher interest rates and a potential recession may already be priced into REIT stocks and strong balance sheets have them positioned to weather any coming storms.

If Shopify and other companies truly want to tackle the corporate scourge that is meeting overload, they will need to go further.

Many lenders have stopped financing office assets, and those that do are offering less favorable terms and scrutinize deals closely.