BOSTON residents face a sharp increase in property taxes or risk US$400mil of budget cuts if state lawmakers reject a plan to shift the burden to commercial buildings, mayor Michelle Wu said in an interview with Bloomberg News.The proposal would allow Boston to temporarily increase the tax-rate ceiling for commercial...
PETALING JAYA: UOA Real Estate Investment Trust (UOA REIT) expects the office rental market to remain challenging, amidst escalating cost of doing business and influx of new office supply. In a filing with Bursa Malaysia, the company said that while it endeavours to improve the occupancy rates for buildings with higher...