Pandemic complicates calculus on office space

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Now that COVID-19 has accelerated the trend toward working remotely, what does the future hold for buildings where we used to spend so many of our waking hours? Demand for office space in Switzerland may decline in the coming years, says Robert Weinert, director at Wüest Partner. While that is likely to lower rents “a little bit,” the same may not be true for the value of commercial properties because of other factors such as low interest rates.