Office sector’s seeds of change weren’t sown overnight

Uncertainty breeds hesitation — and a cloudy economic and remote-work environment continues to obscure a clear path to recovery for the U.S. office sector. Leasing activity remains subdued as employment and office-usage expansion plans are put on hold until more clarity emerges. In the third quarter of this year, net absorption across the sector was […]

International Investments: Germany

Real estate has an enormous influence in Germany, accounting for 20% of the nation’s economic output and 10% of its jobs. But higher interest rates, soaring construction costs and even proximity to the Russia-Ukraine war have taken a big bite out of Germany’s domestic property market. Reuters reported that construction starts for residential and commercial […]

Office-space conversions are running into many roadblocks

There have been endless stories about adaptive-reuse plans for the nation’s growing supply of zombie office buildings, hotels and motels that stand empty or close to it. Across the country, developers and city officials are making plans, some quite ambitious, to remake parts of city centers by converting high-rise office space into apartment buildings. Other […]