Speaking during REALX. Global recently, Barings Real Estate’s head of real estate research and strategy US Philip Conner said that in the short term there will be winners and losers in the US office market.
But, in a conversation with NAREIM CEO Zoe Hughes, he said that the bigger question is how working and meeting remotely will affect the long-term use of the office. Conner said that he is not in the “end-of-the-office-as-we-know-it”camp. Not everybody can work from home and not everybody that can work from home wants to. But change can be expected, he said, because the “work-from-home genie is out of the bottle”.
Click on the video to watch the full interview or listen via the podcast below.