Australia markets open in 46 minutes
  • ALL ORDS

    6,877.90
    -75.50 (-1.09%)
     
  • AUD/USD

    0.6881
    -0.0002 (-0.02%)
     
  • ASX 200

    6,700.20
    -63.40 (-0.94%)
     
  • OIL

    109.63
    -0.15 (-0.14%)
     
  • GOLD

    1,819.50
    +2.00 (+0.11%)
     
  • BTC-AUD

    29,243.11
    -464.37 (-1.56%)
     
  • CMC Crypto 200

    434.46
    -5.20 (-1.18%)
     

Recovering Office Demand Is Driving Surging Rents for These REITs

·5-min read
Recovering Office Demand Is Driving Surging Rents for These REITs
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

The pandemic has had a significant impact on the office sector. With so many employees working remotely, demand for office space has declined, weighing on rental rates. Hudson Pacific Properties (NYSE: HPP), an office REIT focused on providing real estate solutions to technology and media tenants primarily along the West Coast, saw strong demand for office space in the first quarter.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting