Larry Fink Sees More Remote Work Hampering Commercial Real Estate
- Work-from-home revolution could mean fewer employees in office
- BlackRock CEO also sees supply chain changes after coronavirus
Larry Fink
Photographer: Justin Chin/Bloomberg
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BlackRock Inc. Chief Executive Officer Larry Fink said the work-from-home revolution will have lasting effects, including pushing down demand for commercial real estate.
Fink said that after businesses were forced to run from mostly remote setups during the coronavirus crisis, many companies will choose not to bring all their workers back to the office even when it is safe to do so.