
Cathy Marcus | Global Chief Operating Officer and Head of U.S. Equity at PGIM Real Estate
Leading Voices in Real Estate
The Different Approaches to Office Leasing
There may be practices in how they look at office that if we brought to the states would open up how tenants and landlords deal with each other. In Europe, even the best office buildings can have three or five year lease terms. And that's considered normal and there isn't a huge discount whereas in the United States is a huge discount. There's many different ways to approach the idea of leasing space and occupying space around the world.
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