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CURRENT NEWS AND INFORMATION
The global economy may still be in dire straights, but if demand for rental office space is any signal, things could be looking up. Asian cities saw particularly strong growth, most notably in China where a housing and construction bubble continues to be one of the main economic drivers.
Research and Markets has announced the addition of the "United Kingdom Real Estate Report Q1 2012" report to
You'd think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven't grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get worse before they get better.
Wake County taxpayers have been paying more than $20,000 a month to maintain three vacant Raleigh office buildings that school officials have had limited success in trying to sell.
Apple has taken out a new lease for space in a neighboring city that will hold some 400 of its employees ahead of when the company's new headquarters in Cupertino, Calif., takes shape.
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