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FTI Experts’ Hub: Brace Yourselves for a Full Return to the Office by 2028
Manage episode 380679459 series 3180111
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"I strongly believe within five years not only are we going to be back in office five days a week, but we’re going to be business attire. I'm talking suit and tie, Monday through Thursday, and it’s going to be business casual on Fridays," FTI Consulting Senior Managing Director Mark Dunec told Commercial Property Executive Senior Editor Laura Calugar during this special edition of the FTI Experts' Hub series. This prediction is rooted in Dunec's belief that businesses—including CRE ones—are suffering from the lack of face-to-face interactions and relationships. Not being in the office is also impacting the process of forming cohesion among colleagues. The non-stop learning environment in the office has faded and work culture is severely affected. Because of remote work, the office sector is under immense pressure, with office property valuations plummeting in the past few years.
In this episode, Dunec shares his CRE predictions, touching on what to expect for office valuations.
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