Commercial/Multifamily Briefs Oct. 18, 2021

S&P Global Ratings said it plans several initiatives about how it assesses environmental, social and governance factors across all sectors globally.

Office Outlook ‘Opaque’

Reonomy, New York, said the office sector has avoided the worst of the recession, largely due to underlying characteristics including tenant diversification and longer-term leases. But it called the sector’s outlook “opaque.”

Repurposing Retail After COVID-19

Reonomy, New York, said retail properties are being recycled and repurposed due to COVID-19 as retailers redefine the sales channels they use to reach consumers.