We have learned as fact what many suspected in theory. The question now is what to do about it. The pandemic changed nothing. It accelerated and decelerated depending on how the shock of global lockdowns were felt. The return of most things to pre-pandemic trends is either complete or mostly underway. The scarring effects will last longer, and it is this that I want to talk about today, in the context of commercial property. Recent stories of large developments failing, constructions being shelved, offices being repurposed, cities hollowing out, and large debts being rolled up suggest a need to push,…
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