Comment by Rastonbury
Comment by Rastonbury 3 days ago
One is near retail and footfall, coffeeshops, restaurants etc. But it's the government that cares about that and I don't think there are many place where gov has meaningfully intervened in private company policy
I don't see how real estate companies can influence companies/tenants, they don't hold much power here since everyone is shrinking or cancelling their leases
Where I work, RTO is partially Finance driven, bean counters just don't like seeing seats they paid for go empty
I work in Finance and we recently decided to sell our building and just rent office space catered toward meeting rooms since hybrid has worked so well for us. I think it just depends on the company's culture and the pragmatism of its leadership.