When it’s time to go back to the office, will it still be there?

‘In a late-April survey among corporate real estate users by the trade group CoreNet Global, 94% of respondents said employees will spend more time working remotely even after the pandemic is over. And 69% said firms will use less real estate in the future as a result of remote work, up from 51% in March... “The supply and demand for office space may change significantly,” Warren Buffett said earlier this month at Berkshire Hathaway Inc.’s annual meeting. “When change happens in the world, you adjust to it.”

Read here (Wall Street Journal, May 16, 2020)