According to a new special research report from the JLL New York Research and Hotels teams, New York is the most liquid hotel market in the world. 2015 marked the city’s highest volume of transactions and highest-priced transaction on a per-room basis. Hotel performance will be under pressure in 2016 and 2017, given the city’s elevated supply pipeline, economic volatility in major source markets and the impact of home-sharing sites, but New York is… Read More
Corporate real estate directors are constantly challenged to balance the opportunities of a dynamic capital markets environment with the operational and financial goals of their companies.
Many organizations follow a traditional course and have ownership or leasing strategies driven by longstanding financial policies. Some have implemented proactive strategies for selected properties—such as sale-leasebacks of owned assets or acquisitions of short-term leased assets—to take advantage of the current capital markets environment.
Historically these decisions have been driven by chief… Read More
It’s time to focus your workplace productivity strategy where it matters most.
Increasingly, companies are turning to the workplace to find the key to improving employee and business productivity, with many firms investing heavily in strategies designed to better support the work their people do. However, what many companies are failing to consider is whether the work being done actually creates the… Read More
For law firms, cutting-edge design is all about flexibility.
JLL’s new paper, “Perspectives on Law Firms,” explores the notion of flexibility – what it looks like for law firms and how it can be utilized to make spaces more productive. In fact, JLL notes that firms that adopt the latest available technology and modernized workplace strategy have the potential to recapture underutilized space and even shrink occupancy by more than 15%.
In “Perspectives on Law Firms,” JLL… Read More