"Flight to quality" has become the bird-watching theme for the difficult conditions of the office property market.
The theory is that as companies reconsider their office space needs in the face of hybrid work conditions, they are more likely to made changes, looking for office space that is modern, ready to suit their needs going forward, and hopefully attractive enough to entice employees to leave their slippers behind at home and come into work.
That's fine, but Cushman & Wakefield recently asked an important question: Is there enough appropriate office space to meet flight-to-quality demand? The answer is yes, for the immediate time, but pretty soon, not a chance.
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