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...He will join the bank in October in Düsseldorf, replacing Norbert Reis who retired from the bank last month....
...By contrast, the investment and leasing markets in most of the rest of the country have remained flat – until recently....
...Even so, Jeremy Moss, director of leasing for Silverstein Properties, remains confident....
...Peter Bensen, chief financial officer of McDonald’s, said the company has been shifting away from its previous strategy of leasing properties in favour of owning as the recession has led to increased distressed...
...New figures from Reis, a property research firm, show that the office vacancy rate in the US rose from 15.9 per cent at mid-year to 16.5 per cent in the third quarter, also a five-year high....
...Philadelphia, Boston, Chicago and Dallas are all facing credit constraints that are a drag on building and leasing....
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