April 12, 2024|Emmanuelle Graffin
BIG 204 - Change in the era
For a long time, office property has been a favorite in real estate portfolios. Generating stable, inflation-indexed cash flows, the asset class made it possible to deploy capital on a large scale, securely and with the conviction that continued capitalization rate compression would deliver attractive returns over the long term. That was the world before...
today's office space market, the sudden popularity of telecommuting and new organizational modes, inherited from the Covid-19 pandemic and the massive adoption of remote working te...