Office landlords have been heavily impacted by the pandemic and now face uncertainty as tenants evaluate their needs in hybrid working environments.
Senior Analyst Alec Overby reviews the current state of the sector, including the changing work-from-home landscape, our outlook over the near and long term, as well as how we see valuations and potential for opportunity.
ABOUT THE AUTHORS
Alec Overby, CFA, Vice President, is a real estate securities managing analyst covering the office and regional mall sectors.
FURTHER READING
The Real Estate Reel: Private real estate turns positive for first time in two years
The increase in total returns for private real estate was modest, but we think it is notable for several reasons.
What could a second Trump presidency mean for real assets?
Market reaction indicates investors are expecting higher inflation, deregulation, lower taxes and winners and losers in key sectors such as energy and infrastructure.
The Real Estate Reel: A closer look at Q3’s historically strong listed REIT returns
Listed REITs returned nearly 17% in the third quarter, handily outperforming equities, as lower real rates took hold in markets.