It is well known that the commercial real estate industry, and most particularly the office sector, has been reeling from the double whammy of remote work combined with a 525 basis point increase in...
Remote working is still upending the office property sector. In an article I wrote for Real Estate Issues in 2021, I considered the early evidence that working from home and hybrid work arrangements...
Workplaces have changed significantly recently. In 2020, the COVID-19 pandemic led many companies to send their employees home until governments deemed it was safe to return. Some thought remote work...
The Pre-COVID Decline
Prior to the COVID-19 pandemic, the U.S. office real estate market had been subject to contraction for approximately a decade as businesses tried to lower overhead by...
While the Japanese real estate market is expected to remain stable and attract global investors’ attention in the first half of 2023, the second half of the year will require careful investment...
The labour market continued to grow in most sectors, increasing by just over 104,000 new positions in December 2022 with this occuring despite economic uncertainties dropping to 5.0%. The Canadian...
The Outlook for the US Economy, Commercial Real Estate, and Housing
Executive Summary
Economic and geopolitical uncertainty resulted in significant volatility for a wide variety of data...
Labor Shortage Strain was listed as the #6 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.
“The implications for property markets are mostly...
Hybrid work was listed as the #3 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.
“Current decentralization pressures and the potential for...