Commercial property values slide as office vacancies climb
Landlords in major financial centres face pressure as hybrid working becomes permanent.
By SKAAH Media Webdesk, Newsroom
· 2 min read
Office vacancy rates in several major financial centres have reached their highest levels in two decades, weighing on commercial property values.
Valuers say older buildings without modern energy standards are hardest hit, while premium space remains in demand.
Some cities are encouraging conversions of empty offices into housing.
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