A Realistic Timeline for Office’s Recovery
GlobeSt
Despite bleak forecasts from some experts, the office sector will return to pre-pandemic levels—it’ll just take time, according to analysts from Cushman & Wakefield. The firm’s baseline scenario presented in a recent report on the asset class, has US office vacancy reaching an inflection point and beginning to improve in the second half of 2022, after which point it will “fall precipitously downward.”