Office Leasing to Recover by 2025, Cushman & Wakefield Report Predicts

Originally published by Gail Kalinoski on September 25, 2020.

The study expects office sector recovery to be slow, but employment will eventually help spur improvements in absorption, vacancy, and rental rates.

A new report from Cushman & Wakefield examining the global impacts of the pandemic on commercial real estate predicts office leasing fundamentals will be significantly affected for years to come with increasing vacancies and decreasing rents. Vacancy will peak in the U.S. in the second quarter of 2022 and return to pre-crisis levels by 2025. The work-from-home trend, which will continue and permanently double, is expected to slow recovery more than recent recessions.


Click Here to Read More


Share this post: