‘A Relative Holding Pattern’ For Offices

The office market has seen less deterioration during the pandemic recession than it did during the Great Recession, but it’s not out of the woods yet, reported Moody’s Analytics REIS, New York.

Pandemic Reaching Office Market

The next 18 months could be a difficult period for the office sector, said Moody’s Analytics REIS, New York.

Office Vacancy Rate Could Reach 20% in 2022

The office sector saw downward pressure even before the COVID-19 crisis. Now, burdened with a shift toward remote working, it could be particularly hard hit in the coming years, said Moody’s Analytics.