this post was submitted on 06 Aug 2023
1326 points (99.2% liked)

World News

32394 readers
683 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago (2 children)

If Zoom is trying to get people back into offices, it may not be a real estate issue.

After all, are you going to argue that companies that are more than happy to outsource and offshore work overseas and sell off industrial assets are suddenly going to care about keeping their 4-year leases?

[–] [email protected] 7 points 1 year ago (1 children)

Zoom is beholden to the same investors trying to force everyone back to the office. They are likely required to use office space owned by one of their investors... That or poor leadership that hasn't adapted to the new environment

[–] [email protected] 3 points 1 year ago

Unless I'm invested in commercial real estate, why would I, as an investor, want to pay for commercial real estate?

What makes commercial real estate so precious compared to other capital investments?

[–] pelespirit 2 points 1 year ago

After all, are you going to argue that companies that are more than happy to outsource and offshore work overseas and sell off industrial assets are suddenly going to care about keeping their 4-year leases?

Yes