Tag: CBRE
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Nearly one-third of downtown London offices sit empty: Analysis
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Nearly one-third of all downtown London office space is empty as the city’s commercial vacancy rate continues to climb, newly updated figures show.
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Nexus Industrial REIT has bought an industrial building at 1005 Wilton Grove Rd., a 336,448-square-foot property for $55.8 million, which is home to Drexel Industries, a logistics firm offering shippi
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London’s industrial sector continues to attract attention from Toronto-area real estate investors, with the recent buyer of a $55-million parcel calling the city one of Canada’s hottest spots for industrial land.
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London office workers are migrating from downtown London to the suburbs, another blow to the core reeling from homelessness and the ongoing disruption from construction, say city officials.
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London office workers are migrating from downtown London to the suburbs, another blow to the core already reeling from homelessness and ongoing disruptions from construction, city officials say.
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Core office vacancy rate remains stubbornly high as companies shed space
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The number of empty offices in downtown London continues to climb with more than one in four vacant, because workers are not returning.
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Core office vacancy rate remains high as companies shift to hybrid work
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One in four office spaces in downtown London remains empty as the core continues to struggle with pandemic hangover, according to recent commercial realty reports.
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Calling all tech workers: New ranking puts London among top emerging markets
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London has been cited as an emerging market in the North American tech sector by a leading commercial realty firm.
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London’s downtown office market continues to struggle, even as pandemic eases
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London’s office market continued to struggle in the second quarter of this year, even as the impact of the pandemic eased, with more than a quarter of office space in the core remaining empty, states a report from CBRE, a commercial realty firm.
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London’s grim core office market may be turning corner: realty firm
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London’s downtown office market may have just bottomed out.
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London’s downtown office vacancy rate hits record high
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London’s downtown office vacancy rate hit a record high as businesses continue to move out of the core, new commercial real estate figures show.