‘Sticky’ office rents still burden SMBs
CFO Dive
OCTOBER 6, 2023
While rents have resisted deflation, the broader drop in demand for office space gives tenants negotiating power, Capterra’s Max Lillard says.
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CFO Dive
OCTOBER 6, 2023
While rents have resisted deflation, the broader drop in demand for office space gives tenants negotiating power, Capterra’s Max Lillard says.
CFO Dive
MAY 2, 2023
office vacancy rate ticked up to a 30-year-high of 17.8% in the first quarter as hybrid work and recession fears weighed on demand, according to CBRE.
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CFO Dive
JANUARY 31, 2023
Trimming office space budgets has always been a quick cost-cutting solution for companies in recessionary times. Now hybrid work is complicating matters.
CFO Dive
JUNE 6, 2023
While office vacancies have soared due to the rise of hybrid work, office sale leaseback transactions ticked up to comprise 10% of the total sale leaseback transactions in the first quarter.
Speaker: Jamie Eagan
We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of the CFO: A review of today’s automation revolution within the finance department as it faces evolving internal and external challenges.
CFO Dive
APRIL 2, 2024
“There's been a Frankenstein from the pandemic that's been created, and we don't know how to stop it,” TD Bank’s Gregory Carlisle said last week.
CFO Dive
APRIL 18, 2022
While some companies have sought to dump office leases, others are looking to keep a lid on costs by quietly accommodating more hybrid workers in existing space.
CFO Dive
MARCH 22, 2024
An above-average amount of commercial real estate debt will soon mature and property owners will need to refinance at the highest rates in years, Moody’s said.
CFO Dive
JANUARY 31, 2022
office rents have fallen 13.3% and office vacancies have risen to a nearly 20-year high, according to Cushman & Wakefield. Since early in the pandemic, effective U.S.
CFO Dive
AUGUST 1, 2023
The office slump is giving budget-conscious tenants more clout as rents are softening — even in pricey markets like San Francisco and Boston.
CFO News
APRIL 8, 2024
Vikram Solar appoints Narayan Lodha as Chief Financial Officer, effective April 8, 2024. With over 20 years of financial expertise, he will drive financial strategy and support the company's expansion in renewable energy.
Navigator SAP
JANUARY 20, 2023
This is where the support of a fractional Chief Financial Officer (CFO) services can be a valuable asset. From securing funding to managing research and development costs, these companies need access to experienced financial expertise.
CFO Dive
DECEMBER 6, 2023
The short-term home rental company’s CFO will transition to a new role as Airbnb reaches an “inflection point” with plans to expand beyond its core business.
CFO Dive
OCTOBER 23, 2023
Generative AI could aid CFOs seeking to meet the wider demands and job creep that has expanded their strategic responsibilities, EY’s Daren Campbell says.
CFO Dive
MAY 10, 2023
CFO Roland Caputo announced his retirement from the company back in December 2022. Now, the company is looking to another long-time employee to fill his shoes.
CFO Leadership
OCTOBER 10, 2022
Varying levels of office subscription. In the current market for talent, employers have no leverage to bring their employees back full time to the office. Some experts say the world will never return to a five day “in the office” work week. Some experts say the world will never return to a five day “in the office” work week.
Private Funds CFO
FEBRUARY 22, 2022
This largely institutional market has seen a spike in enquiries from family offices and high-net-worth individuals, according to speakers at the Fund Finance Association Symposium.
CFO News
SEPTEMBER 19, 2023
Among the new members is Anil Agrawal, a 1988-batch IPS officer of Uttar Pradesh cadre. Agrawal earlier handled ecommerce and startup policies at the Department for Promotion of Industry and Internal Trade (DPIIT). The other two members are Sweta Kakkad and Deepak Anurag.
Generation CFO
JANUARY 28, 2022
The post James Owen, Global Chief Financial Officer, Profiles Division, Kantar appeared first on Generation CFO. But I think a modern equivalent would be Elon Musk – I don’t necessarily like the guy but my God, he inspires me in terms of the way he thinks, the stretching goals he sets and the way he goes about it.”. .
CFO Dive
MARCH 16, 2022
After embracing remote work, both employers and employees see social interaction as integral to satisfaction and performance.
CFO Dive
MAY 24, 2022
The proposal comes amid increased scrutiny of family offices in the wake of the Archegos Capital Management meltdown.
CFO News
MARCH 20, 2024
The back office was set up in 2015 in the City of Joy when Anundhati Bhattacharya was the chairperson of the bank. The back office works 22x7 to cater to customers in Sydney, Bahrain, Hong Kong, London and New York.
Business Credit Blogger
DECEMBER 1, 2021
Startup Office Solution Finding the right turnkey office solution for your startup can be a serious challenge. With traditional office space, not only do you need to find the right location and space, but you also have the hefty costs to consider.
CFO Dive
MARCH 31, 2022
CFOs can expose their in-house staff to the newest technology and best practices by augmenting their processes with managed services, consultants say.
CFO Dive
FEBRUARY 1, 2023
It’s becoming increasingly clear there is no “going back” fully to how we worked before the pandemic, Kathryn Kaminsky writes.
Private Funds CFO
FEBRUARY 25, 2022
Petra Funds arrives as the weight of back-office burdens is set to grow. Regulators are starting to roll out proposals aimed at making private markets more transparent and leveling the playing field.
CFO Dive
FEBRUARY 17, 2022
The money is often long term and can come with sector expertise, specialists say.
CFO News Room
DECEMBER 26, 2022
The combined superpowers of the Batman, Doctor Strange, the Minions, Maverick and Na’vi warriors couldn’t save Hollywood from a lackluster 2022 box office. billion in North America this year through Christmas, according to box office tracker Comscore. billion, Comscore said. billion, Comscore said. Source link.
CFO Simplified
JUNE 21, 2023
What happens when you combine an overworked CFO / office manager, a lack of assigned administrative responsibilities, and an old and complex equity distribution spreadsheet? Back-office duties were loose, with continual questions as to who was handling which administrative responsibilities. appeared first on CFO Simplified.
CFO Leadership
JANUARY 25, 2024
The current office market landscape is witnessing a pronounced downturn, primarily catalyzed by the pervasive adoption of hybrid work models, resulting in substantial disruptions across major central business districts (CBDs) in the United States. Vacancy rates are ascending, and rental rates are on a downward trajectory.
Future CFO
NOVEMBER 28, 2022
What it means specifically to a CFO or office of a CFO is, what are we going to do about the VUCA environment to manage the risk to our business so we can ensure that we can protect the business to survive through this environment? The office of the CFO has always been classically viewed as a back-office function. Erik Saito.
CFO News
APRIL 21, 2024
Savills India data reflects a shift towards premium spaces, while tech players like Tushar Mittal drive demand amidst a growing construction industry.
CFO Leadership
JANUARY 5, 2024
The current office market landscape is witnessing a pronounced downturn, primarily catalyzed by the pervasive adoption of hybrid work models, resulting in substantial disruptions across major central business districts (CBDs) in the United States. Vacancy rates are ascending, and rental rates are on a downward trajectory.
CFO News
DECEMBER 26, 2023
A central office is needed to make sure all these aspects are coordinated and aligned and that the transformation is accelerated," said Parijat Ghosh, managing partner at Bain & Company's India offices. There is an organisation question, there is an operations question and there is a business model question.
Global Finance
OCTOBER 17, 2023
Global Finance Magazine - Edwina Fitzmaurice, EY’s global chief customer success officer, speaks with Global Finance about technology, innovation and customer success.
CFO Selections
APRIL 18, 2023
People are asking, “How much office space do service providers need these days?” But perhaps it is more appropriate to ask, do service providers really need office space at all anymore? With that in mind, many services companies are left wondering if they even need their office space these days. What should your business do?
CFO News
DECEMBER 12, 2023
The changes made to the Special Economic Zones Act, 2005 (SEZ Act) on December 6, 2023, by the Department of Commerce, are anticipated to greatly decrease the vacant office spaces in major cities of India due to increased leasing activities. Flexibility to demarcate part area without significant cost implications is a positive.
CFO News
DECEMBER 8, 2023
A Cisco study on employee attitudes toward returning to the office in India reveals that while 76% of employees respond positively to their organization's return-to-office mandate, 82% express a desire to return to the office at least a few times per week.
CFO News
AUGUST 27, 2023
SN Gupta, Head of Technical Directorate of the Institute of Chartered Accountants of India, sends mail to the ICAI secretary making several allegations against Sanjeev Singhal including disregard to office procedures.
CFO News
APRIL 18, 2023
Profisolutions Pvt Ltd, which has its registered office in Karnataka and a branch office in Chennai in Tamil Nadu, had approach the Authority for Advance Ruling (AAR) seeking a ruling on whether the services provided to head office will attract GST.
CFO News
MARCH 22, 2024
Companies push in-office work due to constraints. Dell's remote work promotion halt reflects WFH-WFO shift. Market rebound may prompt job changes. Remote work value highlighted.
CFO News
NOVEMBER 14, 2023
India's tax inspectors have searched the office of British insurance giant Aviva's life insurance unit near New Delhi and seized documents as part of an investigation into alleged tax evasion.
PYMNTS
MAY 20, 2020
As the country starts lifting stay-at-home mandates and people head back to the office, Citigroup is considering a temporary relocation to the suburbs until it’s safe to return to Manhattan, according to a Bloomberg report on Wednesday (May 20) that cited sources familiar with the matter. Citigroup is not alone in its consideration.
CFO News
DECEMBER 5, 2023
The terminated office assets include 550,000 sq ft in Kalyani Tech Park in Whitefield and 70,000 sq ft in IBC Knowledge Park, people aware of the matter said. Both these assets were given up between 2022 and 2023.
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