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Examples
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At the height of the market last spring, space at the most desired addresses reached an unprecedented rental rate of $123.00 p.s.f. High-paying hedge funds and other top financial firms were the primary drivers behind the need for trophy space.
Manhattan Office Trophies Lose Luster: Midtown Rents Off 24 Percent, Worse To Come 2009
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As the Finance Minister during Ling's tenure, he could be taken to court to answer whether he was aware of the valuation done under his Ministry and more importantly why the recommendation to acquire the land at RM10 p.s.f. was not taken up which would have saved the government more than a billion ringgit.
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Furthermore Lim Kit Siang has revealed that the Treasury and Attorney-General had recommended that the PKFZ land be acquired for RM10 p.s.f. but this was not accepted by the Cabinet which makes the case against Ling really weak.
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Price: $100.00 p.s.f. max, Prefer $40.00 to $80.00 p.s.f. Market: Improving fundamentals with maximum 20\% vacancy
BiggerPockets Forums 2009
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At the height of the market last spring, space at the most desired addresses reached an unprecedented rental rate of $123.00 p.s.f. High-paying hedge funds and other top financial firms were the primary drivers behind the need for trophy space.
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At the height of the market last spring, space at the most desired addresses reached an unprecedented rental rate of $123.00 p.s.f. High-paying hedge funds and other top financial firms were the primary drivers behind the need for trophy space.
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At the height of the market last spring, space at the most desired addresses reached an unprecedented rental rate of $123.00 p.s.f. High-paying hedge funds and other top financial firms were the primary drivers behind the need for trophy space.
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At the height of the market last spring, space at the most desired addresses reached an unprecedented rental rate of $123.00 p.s.f. High-paying hedge funds and other top financial firms were the primary drivers behind the need for trophy space.
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