(Featuring Cedrik Lachance, EVP, Director of Global Research, Green Street)

The demand for urban space continues to rise as the promise of a post-vaccine world emerges on the horizon.

https://www.afire.org/podcast/afirepodcast26newreality

With light now at the end of the tunnel, the trend of rapid urbanization in core markets continues to accelerate, despite the emerging challenges from the pandemic.

Accepting a new reality is part of that challenge. Working from home has led to rethinking the needs for office sector environments. As employers become more flexible, it is important to review tax, infrastructure, and budget deficits to determine how much space is actually needed.

Cedrik Lachance, EVP, Director of Global REIT Research at Green Street, discusses how the office sector is affected, and why it's transforming the real estate market.