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PREMIUM from the FT: Office space vacancies in US and London reach 20-year highs
Large multinationals are hold off committing to real estate deals as working patterns remain in flux with work-from-home becoming more entrenched - watch out landlords
Large multinationals are hold off committing to real estate deals as working patterns remain in flux with work-from-home becoming more entrenched – watch out landlords
By Akila Quinio of The Financial Times
Demand for office space has slumped further, with vacancies reaching at least 20-year highs in the US and London, as people continue to work from home despite companies' attempts to get staff back in the office after the Covid-19 pandemic.
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