Architectural and engineering (A&E) firms are having to recalibrate their real estate strategies to balance attracting the best talent against the cost of the best office space, according to new research from Savills.
The Equity Commonwealth Real Estate Investment Trust and Monmouth Real Estate Investment Corporation have entered into a definitive merger agreement that will see the former acquire Monmouth in an all-share transaction valued at approximately US $3.4 billion including assumed debt.