WeWork’s Potential Bankruptcy: What Will Be The Effect On Office Vacancy Rates?
Allwork
AUGUST 22, 2023
percent in San Francisco, up from 10 per cent in late 2020, according to data from CBRE.” Office markets in European and Asian cities — excluding China, which has its own issues — are seeing more “normal” vacancy rates of around 9%, and healthier take-up of new or vacant second-hand space. This raises questions for U.S.
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