Most mega leases were renewals – 68% last year vs. 58% of the largest 100 leases in 2023. CBRE said the increase in renewals is likely due to cost and a slowdown in office construction that has ...

The real estate investment trust focused on UK life sciences properties let 17,200 square feet at building 1020 to 42 Technology Ltd under a 10-year lease. 42T pays GBP25.50 per square foot in rent, ...