It’s no secret that insurance costs for commercial real estate have been rising significantly for many property owners across Europe, which, in turn, affects net operating incomes for many of them. Many factors are at play to explain the surge in higher premiums, including expensive and scarce reinsurance, inflation, and regulatory restrictions.
Great uncertainty remains about how companies and their employees will use office buildings in the future. To examine this important topic, ULI and The Instant Group partnered on a research project in Spring 2023 to assess how changing occupier behavior and broader macrotrends are influencing demand for workspace.
