Obsolescence risks of office properties – residential and life science as a way out?
The German office market is changing: stricter building standards and the increasing trend towards working from home are leading to a decline in demand for office space
Against this backdrop, the question arises as to how this potentially obsolete office space can be converted into highly sought-after uses such as residential or life sciences.
Together with Colliers and PwC Germany, we have developed answers to this question in our new study ‘Obsolescence risks of office properties – residential and life science as a way out?’ answers to this question.