As obsolete offices are reborn, <i>Forum</i> looks at what's being done, who the tenants are and what they want.

LONDON—The three-year extension to HSBC's existing global facilities management agreement marks the third multinational contract JLL has signed in the past two months.

MINNEAPOLIS—The Chicago-based company has purchased several buildings in the suburbs here, but this is its first significant office buy in the CBD.

WASHINGTON, DC—Long-term incentives measuring performance over a multi-year horizon are the vehicle of choice for most of the largest companies, FTI Consulting says in its latest study of REIT compensation.