CapitaLand Integrated Commercial Trust (CICT)

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#51
Dont think whichever company that takes over wework Singapore subsidary will maintain the 14 locations. I have been to wework/spaces/justco and what I can say is that the takeup area for their avaliable spaces has worsened since the days of 2022 when i went to meet a vendor who uses hot desking space to meet the extra projects dished out to them.

With so much vacancies, I do not think business is profitable as well. Am expecting if Wework singapore survives, it will only continue leasing a much fewer number of locations.
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#52
An update to the Gallileo property in Frankfurt, where Commerzbank is giving up the lease, but the English Theatre Frankfurt's status was uncertain.

This looks like a happy ending for everyone.

Also unconfirmed, it sounds like the ECB may be taking up the lease that Commerzbank is giving up.

https://adragonhoard.blogspot.com/2024/0...perty.html
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