today's office space market, the sudden popularity of telecommuting and new organizational modes, inherited from the Covid-19 pandemic and the massive adoption of remote working technologies, have prompted companies consuming office space to review their real estate strategies. In France, where more than half of all companies allow their employees to work from home, usually for a day or two a week, the need for office space is bound to decrease. And all the signs point to a lasting paradigm shift rather than a passing fad...
BIG 204 - Change in the era
For a long time, office property has been a favorite in real estate portfolios. Generating stable, inflation-indexed cash flows, the asset class made it possible to deploy capital on a large scale, securely and with the conviction that continued capitalization rate compression would deliver attractive long-term returns. That was the world before...
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IN THIS ARTICLE
- Companies
- Fondation Palladio
Professional, Scientific, and Technical Services
- Contacts
- Marc-Antoine Jamet
Secrétaire général groupe - Directeur immobilier, LVMH Hotel Management
- Bertrand de Feydeau
Président d'honneur, Fondation Palladio
- Thierry Lavit
Maire, Mairie de Lourdes