Big Tech Companies Amass Property Holdings During Covid-19 Pandemic
Wall Street Journal, Sept. 28, 2021–Konrad Putzier (subscription)
The biggest U.S. companies are sitting on record piles of cash. They are getting paid next to nothing for holding it, and they are running out of ways to spend it. So they are buying a lot of commercial real estate.
https://www.wsj.com/articles/big-tech-companies-amass-property-holdings-during-covid-19-pandemic-11632821401