In the letter, the House committee refers to a report on why NASA’s Psyche mission was delayed. The committee states concerns about potential project delays So I have no issue with NASA employees working remotely. It’s important to note that NASA Headquarters is majority a lot of traditional office work compared to sites like Johnson and Kennedy Space Center, which need their employees on-site to complete their work.Īlso, all of us here at 9to5 are remote and have always been so. In the letter, the committee members call for Nelson to answer why the move back to office work has been so slow at the headquarters and provide similar numbers for all NASA centers. The committee now wants answers because, unlike commercial business, NASA can’t close down its offices for fear of losing critical political support. However, a year since President Biden called for the return to in-person work for federal employees, according to the committee’s letter, only 31% of NASA headquarters staff showed up to the office. During the pandemic, the space agency continued launching important missions and conducting science while dealing with restrictions created by Covid. While the office world has changed and adapted to remote work, implementing hybrid schedules or closing down offices entirely, so has NASA. Many of us moved to work from home for what was thought to be only two weeks but many weeks later, we’re still here. Most of us are still remoteįour years ago, the world changed forever with the start of the Covid-19 pandemic. This change should have been reverted after President Biden announced an end to the pandemic. property market from equity purchase, their senior officials had said at the ASK 2016 Global Real Estate & Infrastructure Summit hosted by the Korea Economic Daily last week.The House’s Committee of Science, Space, and Technology penned a letter to NASA Administrator Bill Nelson asking why most NASA Headquarters staff is still remote. real estate prices sharply higher, however, the National Pension Service (NPS), Korea Post and Korea insurance companies are now shifting towards mezzanine debt investments in the U.S. Small and medium-sized Korean brokerage houses have been joining forces to chase overseas real estate assets, with an aim to sell down their stakes to domestic pension and savings funds which are keen to diversify into offshore alternative investments for better yields.Īfter intense competition drove the U.S. The office building has been used by NASA for 26 years. NASA is supposed to continue to rent the office building for the next decade, under its current leasing contract.Īccording to the Maeil Business Newspaper report, the South Korean companies will make a down payment later this month and close the deal around next January or February. If the acquisition goes through after due diligence on the property, the Korean asset manager is most likely to lease back the building to the National Aeronautics and Space Administration (NASA) for an expected annual return of around 5.5%.

The balance of 220 billion won will be borrowed from local financial institutions. Meritz Securities is known to pay the half of the equity purchase price.

Ltd., will put a combined 180 billion won into the transaction to participate as equity investors, according to investment banking sources on Oct. South Korea brokerage companies, including KTB Investment & Securities Co. property assets despite their recent price increase. on behalf of small-sized South Korean securities firms in a deal estimated at 400 billion won ($351 million), underscoring the growing interest of domestic investors in U.S. has been picked as the preferred buyer of the NASA headquarters building in Washington D.C.

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