Commercial Real Estate, Rates & Renewables with Eugene McGrane

The Commercial Real Estate market is in trouble. High interests rates & low occupancy are stressing central business districts across the world. Meeting the demands of the energy transition is an added challenge. Retooling our energy infrastructure requires land for new grid infrastructure – often in urban coastal areas looking to import power from wind. However, this layer of deep complexity in renewables development is often overlooked, especially as European energy companies expand in the Americas. Today we look at the real estate angle of the energy & commodities world, as well as get an update on just how bad the commercial real estate sector is. Our guest is Eugene McGrane, MD at the global real estate firm Cushman & Wakefield, who heads the offerings to energy & renewables clients.