The Central Business District (CBD) in Madrid, Spain had the lowers office vacancy rate in the first quarter of 2024.
From a net registration perspective, there is still significant demand for office space in these four major cities. It's important to note that lower-tier cities with high office vacancy rates, such as Changchun, Wuxi, Nanchang, Hohhot, Guiyang, Changsha, Tianjin, Xi'an, Harbin, and Dalian,...
The article reports on the rise of office building construction in Indianapolis, Indiana due to the improvement of its economy. There are 1.6 million square feet space for office buildings under construction. Office vacancy rates has declined by 18.1% in the suburbs while 15.1% in the central ...
Dead Leung Ban statistics show that over the past year, the vacancy rate of the overall office market in the first tier cities across the country has risen to the highest level in nearly 10 years, with an average of around 10% now. The average vacancy rate of office buildings in second ...
According to data from Moody's Analytics, as of the fourth quarter of 2023, the vacancy rate of office space in major US cities reached 19.6%, up from 18.8% in the same period last year, the highest level since 1979.The translation is provided by third-party software. The above content...
Vacancy rates across the office real estate sector in the U.S. increased during the coronavirus pandemic. Before 2020, the quarterly vacancy rate was around 12 percent, but as the pandemic unfolded, it climbed to above 15 percent. In the fourth quarter of 2023, about 16.9 percent of office...
Office Building Capitalization Rates: The Case of Downtown Chicago renovated, a reduction in the vacancy rate in the downtown Chicago office market, and an increase in employment in the financial sector of the ... JF Mcdonald,S Dermisi - 《Journal of Real Estate Finance & Economics》 被引...
Growth Spurt in Area Office Space Risks Sparking Rise in Vacancy Rates The metropolitan Washington market is leading the nation in constructing office space, according to Smithy Braedon/Oncor International, a real estate firm based in the District. V Reath 被引量: 0发表: 0年 Rise in Vacancy Ra...
A report out on Thursday from the Boston Consulting Group warns of thecoming wave of "zombie" office buildings, with vacancy rates and utilization under 50% — it says many buildings across the U.S. are already at that mark. Its analysis matches the 61% plateau cited by REBNY: "Assum...
2009. Office Building Capitalization Rates: The Case of Downtown Chicago, Journal of Real Estate Finance and Economics. 39, 472-485.McDonald, J. F., and S. Dermisi. (2008b) "Office Building Capitalization Rates: The Case of Downtown Chicago." The Journal of Real Estate Finance and ...