More major banks and large companies are mandating that employees be in the office at least four days each week, with many smaller firms expected to follow suit. This is leading to increased optimism among office building owners and managers.
City Office REIT (CIO-N) has a definitive agreement to merge with two entities of U.S.-based MCME Carell and be taken private in a deal which values the Vancouver-based office properties owner and operator at approximately $1.1 billion.
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