McKinsey report highlights
commercial real estate crisis
Commercial real estate in the world’s major cities has not kept up with shifts in behaviour caused by Covid and the rapid growth in WFH-Hybrid-mobile working. "The cities’ vibrancy is at risk, and they will have to adapt. Hybrid work is here to stay. As a result, office attendance has stabilized at -30% below 2019 norms" McKinsey's report states. We analyse....
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