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Article content Property investors are about to discover just how much the global fallout from the coronavirus pandemic has spread from deserted and cast-off buildings to their bottom lines. Hundreds of corporate executives tracked in earnings calls around the world in the past five months addressed the urgency to cut real-estate costs, according to an AI model trained by Bloomberg to scour transcripts. Tactics include cutting office space, accelerating branch closures, renegotiating rents on warehouses and even shutting data centres. We apologize, but this video has failed to load. Try refre...

The World’s CFOs Have a Dire Message for Real-Estate Investors Dec 18 2020, 4:03 PM December 18 2020, 10:30 AM December 18 2020, 4:03 PM (Bloomberg) -- Property investors are about to discover just how much the global fallout from the coronavirus pandemic has spread from deserted and cast-off buildings to their bottom lines. (Bloomberg) -- Property investors are about to discover just how much the global fallout from the coronavirus pandemic has spread from deserted and cast-off buildings to their bottom lines. Hundreds of corporate executives tracked in earnings calls around the world i...

Property investors are about to discover just how much the global fallout from the coronavirus pandemic has spread from deserted and cast-off buildings to their bottom lines. Hundreds of corporate executives tracked in earnings calls around the world in the past five months addressed the urgency to cut real-estate costs, according to an AI model trained by Bloomberg to scour transcripts. Tactics include cutting office space, accelerating branch closures, renegotiating rents on warehouses and even shutting data centers. In 4,767 global earnings calls between July 21 and Dec. 8, about one in...

Property investors, this is the bad news A global index of real-estate shares has shed more than 10% in 2020 as a gauge of all types of stocks surged about 13% 18 December 2020 - 11:03 Jack Sidders Picture: EVERGREEN London — Property investors are about to discover just how much the global fallout from the coronavirus pandemic has spread from deserted and cast-off buildings to their bottom lines. Hundreds of corporate executives tracked in earnings calls around the world in the past five months addressed the urgency to cut real-estate costs, according to an AI model...