Office

Groupama Immobilier sold the building, located 150 meters from the Arc de Triomphe, to a new fund, Cheval Paris. The price tops the previous record of 613 million euros paid for a building on the famous street.

With job vacancies at almost double the number of job seekers, conditions have tilted toward workers in a way unseen in decades.

A recent article in the San Francisco Standard predicted an “epic crash” for the city’s office sector. Here’s what our CRE experts say about its claims.

The loan will be used to repay existing debt, fund future leasing costs and capital upgrades for wellness and lifestyle amenities.

Yet when demanding a return to the office, leaders should be honest about the flexibility they have enjoyed themselves.

Backers for the 5 Times Square loan, which runs through May 2026, include Morgan Stanley, Apollo Global Management Inc. and American International Group Inc. RXR and its partners have invested another $300 million to help renovate the site.

Demand for space in the skyscraper and across Dubai is surging as the emirate attracts more wealth and expats due to its nimble response to the pandemic and relatively easy access to visas.

The company has “no issue” when employees need to work from home from time to time, though it wants senior bankers to be coming in to motivate their junior counterparts, according to a memo to staff. The memo follows similar moves from banks...

Members received an email announcing the closure of its six remaining locations, according to a message reviewed by Bloomberg News. In the note, the company cited both pandemic-related closures and “increasing global economic challenges” as...

Madrona Venture Group, a fixture of the Seattle tech scene since the dot-com days, is opening its first office in California.