News

Deal for Office Space Near Big U.S. Cities Bets on Suburban Lifestyle, Remote Work

September 6, 2022

Article by:  Konrad Putzier

One of the world’s biggest sovereign-wealth funds and its U.S. partner are buying a majority stake in 53 suburban office buildings in a deal valuing the properties at $1.1 billion, a major bet that remote work will boost demand for workplaces close to residential areas.

Read the full article:  https://on.wsj.com/3wZ5xgL