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As vacant space leaves the market, downtown landlords are feeling more confident and leasing prices are starting to creep up.
Under the proposal to open up those networks, which would not need parliamentary approval, regulators would determine leasing prices on the basis of cost.
Mr. Goldmacher said it appeared the landlord had been committed to the leasing prices it planned to charge when it acquired the building in 2010, and was using prebuilt offices and other concessions to avoid lowering rents.
But because Telecom Italia owns the only nationwide landline grid, AgCom has put limits on its ability to profit from the network by setting leasing prices that favor rivals and newcomers, a policy known as "asymmetric regulation".
Indeed, at annual leasing prices of roughly $25 a square foot — compared with about $20 downtown — 97percentt of the 1.4 million square feet of office space is occupied in the Arena District's three- and four-story brick buildings.
He suggested that Sotheby's could capture a "sell-high-buy-low moment" by selling at a peak price while taking advantage of leasing prices that are still relatively low at some developments in the city where the auction house would be welcomed as a prime tenant.
Similar(45)
That is not much more than the leasing price of one of Honda's top Acura line of luxury cars.
The investment costs including a 600 m2 area of land whose leasing price would have been 3,000 USD for an entire lifetime was granted by municipal government to the local Non-Governmental Organization (NGO) called Sevanatha who is running the compost project.
The cheap lease prices are built into this calculation.
Lease prices hinge on the degree to which professional traders can turn a profit.
Seat lease prices boomed with dot-com stocks in the late 1990's.
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