Hybrid Work Trends May Result in Office Space Demand Falling 38 Percent by 2030, Says McKinsey
A trend towards hybrid and remote work since the pandemic may cut $800 billion from office property values by the end of the decade, according to a recent study by consulting firm McKinsey. McKinsey said that employees continued to spend far less time working at the office compared to the pre-pandemic era, The survey, published on July 13, reviewed nine major metropolises, Beijing, ...
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