Reuven Kahane Shifts in Demand for Commercial Real Estate

Reuven Kahane09 Nov, 2024Business

According to Reuven Kahane, Higher gas prices can also impact the commercial real estate sector, particularly retail and office spaces. Businesses that rely heavily on transportation, such as logistics, delivery services, or those located far from major transportation hubs, might face higher operational costs. As companies reassess their needs, demand for office spaces in well-connected urban areas could rise, while more remote office locations might see declining interest.