Interview with Greg Smith regarding Affordable Office Space

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PrivcapRE produced a digital magazine focused on the office property sector globally, with a special insight into US markets, looking at office performance, rental growth and expectations for performance and returns in the future.

Summary of interview
NYC was highlighed as a case study to talk about the themes of increasing density of employees in office spaces, the impact that has on supply and demand of a location, where the growth in demand is coming from and how that’s shaping investment decisions and portfolio construction. NYC’s tech and media industry has been the high-growth sector for office take-up, however what does that mean for buying in midtown east-west/downtown? How do the changing dynamics of demand and density impact the way how institutional investors look at any given market? Click the link to watch the interview.