Cushman & Wakefield Releases 2020 Global Office Impact Study
(WorldNews Environment)

Study predicts office sector recovery to be slow, but full recovery expected despite work-from-home trend CHICAGO--(BUSINESS WIRE)-- Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today released its first-ever Global Office Impact Study, projecting that the world`s office leasing fundamentals will be significantly impacted by the COVID-19 recession and the work-from-home trend, but they will ultimately begin to improve in 2022 and will fully recover 2-3 years later. The full recovery timeline is consistent with what was observed during the Great Recession, but at a slight lag due to...