The future of office real estateSubscribe
Surprised to not see a thread on this yet, but is anyone here worried about the future of office real estate? Especially pure play office landlords, there is basically 0 acquisition activity going on right now, banks and investors are terrified of the asset class. In my opinion, just underwriting 0% rent growth for the next year or so isn't going to cut it. The typical office is going to look completely different post-Covid.
I know the argument "cities aren't going to just disappear", which I agree, lots of tenants are locked into long-term leases as well... would just like to get some opinions on what this community thinks the future of office landlords looks like