The current unprecedented pandemic has impacted many facets of the real estate landscape, and the office sector will be no exception.
The severity and direction of these implications will vary based on the time horizon (short-, medium-, or long-term), location (strong micro-location vs. fringe, urban vs. suburban), building quality, building age, and many other factors that define the attractiveness and value of an office building.
The current discussion about the future of office demand is mainly based on surveys or anecdotal evidence like statements from business leaders or a small sample set of actual lease decisions, and even those decisions may be short-term in nature.
Click here to read the complete article from Tal Peri | Jul 07, 2020, National Real Estate Investor
