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Office market unlikely to bounce back before 2040: report

Por: The Hill Politics June 23, 2023

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Office buildings won’t bounce back from pandemic-related value reductions for nearly two decades, according to a new analysis . released Thursday found that office values won’t get back to pre-pandemic levels until about 2040, citing the move of people away from city centers and remote work. Office space use is under 50 percent occupancy nationwide, according to . Before the pandemic that figure was closer to 80 percent. The COVID pandemic... + full article



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