#occupancy rate

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#occupancy-rate
therealdeal.com
3 months ago
LA real estate

Mall Owner Macerich Posts 3,600% Profit Jump in Q4

Macerich reported a net income of $62.2 million in Q4 of 2023, a significant increase from the previous year.
Macerich closed refinancing deals on some of its debt and had a high occupancy rate in its portfolio at the end of 2023. [ more ]
therealdeal.com
3 months ago
LA real estate

Kilroy Realty Won't Start Any New Developments This Year

Kilroy Realty has no plans to start new developments in 2024.
The company's occupancy rate and revenues have declined in 2023. [ more ]
New York Post
4 months ago
San Francisco

San Francisco mall loses fifth store in a month as occupancy plunges to just 25%

San Francisco Centre is losing another store, marking the fifth closure in the past month and bringing the occupancy rate down to 25%.
Major retailers, including Madewell, J. Crew, Aldo, and Lucky Brand, are closing their locations in the mall. [ more ]
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Business Insider
6 months ago
Remote teams

Workers in Seoul have ditched remote working. Now the capital has the strongest office market in the world.

South Korea's office real estate sector is the strongest in the world.
The high occupancy rate and rising rental prices in Seoul suggest a cultural preference for returning to the office.
Government restrictions and construction disruptions have also contributed to the shortage of office space in South Korea. [ more ]
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