The Stevens Group

Remote Work Estimated To Wipe Out $800 Billion in Office Value in These Nine Global Cities

CoStar News - Remote Work Estimated To Wipe Out $800 Billion in Office Value in These Nine Global Cities Behavioral changes sparked and accelerated by the pandemic, especially when it comes to where and how people work, threaten to have a “severe and lasting impact” around the globe that is estimated to wipe out some $800 billion in office value in nine cities by 2030.

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CoStar News - Show Me the Financials: Office Tenants Now Grilling Landlords Before Inking Deals Turmoil in the U.S. office market — which has triggered missed loan payments and foreclosure warnings — has meant prospective tenants are now taking a closer look at the financial health of property owners. The queries are an about-face for many office owners, which previously were the ones dema...