Office

Strong growth prospects and less intense competition is leading cross-border investors to secondary and tertiary markets.

Florida-based CP Group was an early vaccine mandate adopter. But the firm spent time on addressing employees’ concerns and educating them about vaccine safety.

The building is anchored by Peloton Interactive and Lyft and is more than 75 percent leased.

Norges Bank Investment Management has a “good pipeline” for deals on its unlisted real estate, indicating greater recovery in the property market.

Shifted return timelines, hybrid work policies and vaccine mandates are all part of the picture as real estate companies set rules for their own employees.

More employers and universities are issuing vaccine mandates as the FDA approves Pfizer BioNTech shot.

The U.S. labor market is still about 5.7 million jobs below where it was before the pandemic. 

Based on lessons learned in the past 18 months, companies are planning to use the office much differently than in the past.

In spite of the pandemic, cities continue to hold appeal, especially for young people.