OFFICE SPACE

What the Future of Work Means for CFOs’ Budgets
What the Future of Work Means for CFOs’ Budgets
May 03, 2024  |  CFO

Over $38 billion of U.S. office buildings face loan defaults, foreclosures or other distresses. At the same time, many companies are relocating or centralizing their headquarters. That’s why, for today’s CFOs,...

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As Hybrid Work Impacts Urban Retail, London Looks to Offer Rent-Free Shops
As Hybrid Work Impacts Urban Retail, London Looks to Offer Rent-Free Shops
July 31, 2023  |  Retail

During the pandemic, many fled the city to live the suburban life. Today, urban commercial real estate companies are struggling to fill their spaces with...

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Office Space Inventory in US Sees First Net Decline
Office Space Inventory in US Sees First Net Decline
July 27, 2023  |  Real Estate

The U.S. office market is in uncharted territory as the amount of office space has declined for what is likely the first time in history....

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Report: Malls Offer Preview of Commercial Real Estate Collapse
Report: Malls Offer Preview of Commercial Real Estate Collapse
February 19, 2023  |  Real Estate

Are malls the canary in the commercial real estate coal mine? A recent Bloomberg News report warns that the collapse of the American mall industry...

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CFOs Desperate for Data to Recalculate the Cost of Office Space
CFOs Desperate for Data to Recalculate the Cost of Office Space
November 08, 2022  |  CFO

When chief financial officers (CFOs) need to make decisions about a company’s utilization of physical space in today’s world of remote work, one thing they...

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Coworking Firm IWG, Instant Group Eye Creating Airbnb for Office Space
Coworking Firm IWG, Instant Group Eye Creating Airbnb for Office Space
March 15, 2022  |  Real Estate

IWG, a flexible-office operator, is looking into a $350 million venture with the Instant Group, which has an online listing site for office space, The...

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WeWork Heads Toward IPO With $47B Valuation
WeWork Heads Toward IPO With $47B Valuation
May 12, 2019  |  IPO

WeWork is now worth $47 billion as it gears up to go public in what could be the largest IPO of this year. WeWork is...

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Mall Space Finds New Life As Tech Company Workplaces
Mall Space Finds New Life As Tech Company Workplaces
January 10, 2019  |  Retail

Malls are finding new life as offices for tech companies, as developers are repurposing space formerly held by retail tenants into workplaces with high-end amenities...

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SoftBank Reins In Plans Of Additional $16B WeWork Investment
SoftBank Reins In Plans Of Additional $16B WeWork Investment
January 09, 2019  |  B2B Payments

SoftBank is — yet again — increasing its stake in New York-based workspace sharing company WeWork, though the investment is significantly smaller than what SoftBank...

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