Uncertainty in most commercial real estate asset classes and especially office will continue at least until next year's spring and it's unclear exactly what things will look like once market recovery sets in, said an author and guest on CBRE Group Inc.'s The Weekly Take podcast.
Dror Poleg — whose new book, Rethinking Real Estate, published last October and is about technology's influence on real estate — spoke with CBRE Americas research and senior economic advisor Spencer Levy on the Weekly Take.
The coronavirus pandemic will accelerate the trends Poleg forecast in his book, including the reinvention of offices in a way that not all employees work full time at companies' headquarters but demand different types of space depending on what they are doing and when they are doing it, he said.
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Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
