By Peter Grant
Office market shows signs of stabilizing as one-third of companies require workers in five days a week
Summary:
The U.S. office market shows signs of stabilizing as more companies, including Amazon and Dell, call employees back to the office, with one-third of firms now requiring in-office attendance five days a week. This shift has benefited landlords, particularly as newer, amenity-rich spaces attract higher occupancy. Although office vacancies remain high, at 13.8%, and distressed office loans are rising, the demand for well-located and modern properties is improving. Some firms, like HSBC, report increased attendance in newly upgraded spaces, while investor interest in distressed properties is also growing amid a modest recovery in the sector.