Commercial Real Estate News
Top Commercial Real Estate News
Hong Kong Class A Office Rents Continue to Downtick in Mid-Summer
According to JLL's latest Hong Kong Property Market Monitor report, vacancy rates of Grade A offices in Central and Hong Kong East improved in July 2024, but office rents continue to slip.
U.S. Office Landlords Tenant Concessions Decline for First Time in 4 Years
According to a new report from CBRE, the value of office-leasing concessions - like months of free rent - began to decline in the first half of 2024 in America, and may be near a peak.
U.S. Commercial Mortgage Originations Spike 27 Percent in Q2 Over Q1
The Mortgage Bankers Association's latest Quarterly Survey reports a 3 percent increase in U.S. commercial and multifamily mortgage loan originations in the second quarter of 2024 compared to the same period last year, and a significant 27 percent jump from the first quarter of 2024.
Phnom Penh's Commercial Office, Retail Markets Face Slowdowns in 2024
In the first half of 2024, Phnom Penh's commercial markets have faced a downturn, as reported by global property consultant CBRE. Both the office and retail sectors experienced declines in rent and occupancy rates in H1 of 2024.
