Office values drop 22pc in two years. When will they bottom?
That is a big fall in defensive, long-life assets. It’s part working from home, part interest rates. It can’t continue forever, but it hasn’t slowed yet.
More than four years after the COVID-19 pandemic changed white-collar work practices, we still can’t escape the office debate.
Is the office dead? Is it back? Is three days a week in the office too much to ask? Can a new Sydney metro get more bums on office seats? Everyone has a view.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
