Irish eyes are on the bigger picture.Indicative of the favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. office leasing market, the Permanent Mission of Ireland to the United Nations has extended its 15,895 s/f lease at One Dag Hammarskjold Noun 1. Dag Hammarskjold - Swedish diplomat who greatly extended the influence of the United Nations in peacekeeping matters (1905-1961) Dag Hjalmar Agne Carl Hammarskjold, Hammarskjold Plaza for an additional term of 12 years. The Mission opted to renew its long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. lease early to protect their tenancy A situation that arises when one individual conveys real property to another individual by way of a lease. The relation of an individual to the land he or she holds that designates the extent of that person's estate in real property. within the building and by doing so locking in an attractive rate. Matthew McBride of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. negotiated the lease renewal and extension on behalf of the government of Ireland. The ownership of One Dag Hammarskjold Plaza was self represented. "After an extensive market analysis and several space alternatives, we concluded that the best and most economically viable solution for the Permanent Mission of Ireland was to extend its lease term at the property, taking full advantage of the current tenant-oriented real estate market," said Mr. McBride. The Permanent Mission of Ireland to the UN will continue to house its diplomatic offices on the entire 19th floor of One Dag Hammarskjold Plaza. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion