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Akiko Matsuda






    Paramount, Vornado and Other Office Landlords Face Long Road Ahead
    Issue

    A long road ahead for office landlords

    Manhattan’s Paramount Group received an unsolicited takeover bid early last month for about two-thirds of what the company was worth prior to Covid. Just a few weeks later, the real estate investment trust’s board...

    A long road ahead for office landlords
    Mark Gabbay and Jeff Jacobson (LaSalle, iStock)

    LaSalle CEO Jeff Jacobson stepping down

    Change is coming to one of commercial real estate giant JLL’s subsidiaries. LaSalle Investment Management announced this week that CEO Jeff Jacobson will step down effective Jan. 1. Jacobson, who has been in the...

    LaSalle CEO Jeff Jacobson stepping down
    CBRE CEO Robert Sulentic (iStock)

    CBRE lowers SPAC IPO valuation target to $350M

    CBRE Acquisition Holdings, a blank-check company formed by CBRE Group, has lowered the target deal size for its upcoming...

    CBRE lowers SPAC IPO valuation target to $350M
    Clockwise from top left: Boston Properties' Owen Thomas; Empire Real Estate Trust's Tony Malkin; Equity Commonwealth's David Helfand; Columbia Property Trust's Nelson Mills; SL Green's Marc Holliday; Vornado Realty Trust's Steve Roth; and Brookfield's Brian Kingston (Getty)

    Office unease: Tenants are paying up but staying away

    A pattern has emerged among office landlords reporting their third quarter results: The vast majority of tenants kept up...

    Office unease: Tenants are paying up but staying away
    CBRE CEO Robert Sulentic (Getty, iStock)

    CBRE latest real estate firm to hop on SPAC bandwagon

    Another major real estate firm is hopping on the SPAC bandwagon. CBRE, the world’s largest real estate services firm,...

    CBRE latest real estate firm to hop on SPAC bandwagon
    Cushman & Wakefield CEO Brett White and CFO Duncan Palmer (Photos via Cushman & Wakefield)

    Cushman reports $37.3M loss in Q3

    Cushman & Wakefield reported a net loss of $37.3 million in the third quarter, its second consecutive quarterly loss this year. The commercial real estate giant recorded $1.9 billion in revenue in the third...

    Cushman reports $37.3M loss in Q3

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