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...Finding a new tenant was likely to take at least two years, since the vacancy rate in Canary Wharf was more than 15 per cent, it said....
...Just over half of the site’s tenants were in the financial services sector, the company said in its annual report....
...The sportswear chain, which was ultimately a tenant of the bank, vacated the complex in Wigan, north west England, in 2019, taking advantage of a break clause in the 10-year lease it first signed in 2014...
...The commercial entity and its billionaire backers are distinct from PGA Tour Inc, the tax exempt organisation that administers golf events....
...AND Partners will also assist in identifying, and advocate and communicate with, “key US civilian and government personnel to advance [Troost’s] personal and commercial interests”....
...The ability to attract Citadel as a tenant delivers a boost to the Broadgate project at a time when British Land is exploring bringing in another investor in the joint venture....
...CWG, the landlord and manager of much of the Docklands financial centre, has been trying to keep big office tenants while diversifying beyond financial services by adding life sciences occupiers, housing...
...I believe that WBD is an anchor tenant,” he said. Max will have more than double the amount of content available on HBO Max....
...Price pressures also picked up, as services companies passed on higher wage costs....
...Canary Wharf has been working to add more residential properties on the estate, boost its food and retail offering and diversify the mix of office tenants beyond its traditional mainstays in financial services...
...Canary Wharf Group has been pushing to diversify the estate from its traditional focus on financial services offices by adding residential buildings, shopping and restaurants....
...services....
...They cannot all push through big enough rent increases to service buy-to-let mortgages. The number of UK properties available to rent is at a 14-year low....
...below featuring the most innovative legal teams in North America highlight examples of their work in the following areas: Legal team operations Outside counsel management Sustainability and impact Commercial...
...Some assets will struggle because they have been loaded down with too much cheap debt that needs to be refinanced, even if they have decent tenant demand and rents....
...The deal also confirms the appeal of law firms as tenants in the current market, according to some developers....
...The changes in how people work have already prompted a meltdown in commercial real estate....
...Flatt’s second-quarter letter to shareholders said (with our emphasis): Our real estate business continues to benefit from strong tenant demand for space in high-quality, well-located buildings and shopping...
...Boeing created a product and services safety group, also reporting to the chief engineer, and appointed Beth Pasztor, the safety, security and compliance vice-president for Boeing’s commercial plane business...
...It was the smallest of Citi’s five divisions behind US personal banking, trading, services and wealth management....
...And rising interest rates have hammered commercial property values across the market, reducing the value of the assets used to secure Signa’s loans....
...Full-service banks such as JPMorgan are built for scale — ie getting as many deals through the door as possible — so there’s only so much impact any one individual can make. That’s intentional....
...Meanwhile, another, which counts BlackRock and Facebook as tenants, is nearly full....
...Its terms required that PDT hand over 90 per cent of any dues it received, as the statutory harbour authority, from all ships or cargo handled by tenants or occupiers of the Teesworks steel site....
...More tenants in Shanghai’s Grade A offices terminated leases than signed them during the quarter ending in June, the first time this has happened since 2015, according to Savills, a British real estate services...
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