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Research | Aug 24, 2020
Office landlords granting more concessions to secure tenants during pandemic
Office building owners provided more free rent and larger tenant-improvement allowances in the second quarter to secure new office leases and renewals amid a general slowdown in leasing activity due to the pandemic, according to CBRE.
Investors | Aug 24, 2020
Oxford Properties Group and Delancey secure a further €465m from Allianz
Oxford Properties Group and Delancey Real Estate Asset Management announced DOOR has raised further commitments of £260 million (€288 million/$340 million and £150 million (€166 million/$196 million) from Allianz Real Estate acting on behalf of several Allianz group companies, and Local Pensions Partnership, respectively.
Secular demand drivers will help Asian real estate rebound amid coronavirus pandemic
While the COVID-19 pandemic has put pressure on the various property classes in Asia during the past several months, investment professionals remain confident that certain demand drivers will help activity in the region rebound.
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