Major International Markets Face Looming Office Space Crisis, Must Retrofit to Survive
Allwork
OCTOBER 26, 2023
markets, which are estimated to face a supply deficit of 75% — or 57 million square feet — by 2030. According to JLL’s report, the demand for low-carbon, eco-friendly workplaces is expected to increase in the coming years as more leases expire, and this could pose challenges for occupiers who might find themselves with limited opportunities.
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