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Hybrid-work trend may wipe out $800 billion from office property values by 2030, McKinsey study says (www.reuters.com)

submitted 2 years ago by [email protected] to c/[email protected]

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A shift to remote working is likely to wipe off $800 billion from the value of office buildings in major global cities by 2030, according to a study published by consulting firm McKinsey on Thursday.

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[–] [email protected] 10 points 2 years ago

If their asset managers are clued in they will divest before it becomes a problem.

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