Business | 2010.03.12
Fitch U.S. CMBS Newsletter: Office Properties Slow to Recover
NEW YORK--(BUSINESS WIRE)--Though vacancies on office properties are stabilizing, the benefits of office expansion will not be evident for the foreseeable future, according to Fitch Ratings in its latest weekly U.S. CMBS market trends newsletter. Due to the long-term nature of office leases, rental declines and subsequent drops in net operating income are often the last to rebound when markets begin to recover. \'Further rental declines coupled with drops in net operating income will translate to
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