In the wake of the pandemic, companies are finding they need to reevaluate their commercial real portfolios. This is the second in a series of three articles looking at some accounting advice from Deloitte. The first article can be found here.
Perhaps nothing changes, but allocation of resources could well change after a review. Maybe businesses decide they need less office space with people working at home, or perhaps a company has people working remotely and chooses to obtain distributed temporary or flexible space rather than single large buildings for hundreds or thousands of employees.
The changing nature of the pandemic, with the surge in the Delta variant, has set some companies pushing back their office reopenings. More operational issues, and real estate implications, continue to be up in the air.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
