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New York PostSublease space in Manhattan dropped to less than half its late-2022 peak. Technology and AI companies accounted for most of the absorption through new leases signed in the first half of 2026.
New York PostLuxury sports car manufacturer McLaren Automotive is in advanced talks to lease the remaining retail space at 550 Madison Avenue. The move would complete the building's leasing after a multi-year redesign.
FortuneCBRE generated more than $3 billion in infrastructure-related revenue in 2025 and nearly $950 million in the first quarter. The company manages about 1,300 data centers globally and is expanding training programs for technical workers.
South China Morning PostInvestment in commercial real estate across Asia-Pacific climbed to US$51.1 billion in the first quarter of 2026, up 22 per cent from the same period in 2025. Hong Kong transactions jumped 367 per cent to US$1.8 billion while mainland China led the region with US$13.4 billion. Da…
South China Morning PostLondon’s Bond Street now commands the highest rents globally at £19,228 per square metre per year, according to Savills’ ninth Global Luxury Retail report released on 11 May 2026. Hong Kong’s Tsim Sha Tsui retained its position as Asia’s most expensive strip. Luxury rental growth…
ForbesThe Office of the Comptroller of the Currency released its Spring 2026 Semiannual Risk Perspective on May 7, stating the federal banking system remains sound and resilient. The report highlights elevated risks across commercial credit, operational threats and geopolitical factors…
SemaforJohn Ray III, CEO of the bankrupt cryptocurrency exchange FTX, stated at Semafor World Economy that a large volume of debt in private credit and commercial real estate could lead to failures among regional banks. He noted that larger banks are likely to remain stable, while small…