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A New Estimate: Office Could Lose $800B in Value by 2030
GlobeSt.com, July 14, 2023–Erik Sherman
A new McKinsey Global Institute report estimates that by 2030 across nine “superstar” cities — Beijing, Houston, London, New York City, Paris, Munich, San Francisco, Shanghai, and Tokyo — there could be a projected loss of $800 billion of office value in real terms. And that’s the “moderate” scenario.
https://www.globest.com/2023/07/14/a-new-estimate-office-could-lose-800b-in-value-by-2030/?