高力国际（Colliers）：2023年美国办公楼市场展望报告（英文版）（10页）.pdf

1、The Future of Office2023 U.S.Office Research ReportThe Future of Office|2Key Takeaways The U.S.office market remains relatively stagnant,but structural changes are taking shape.The office market is facing both secular shifts and cyclical phenomena at the same time.Tenants are seeking newer buildings

2、 with high-end amenities to attract and retain talent.But premium Class A assets are in short supply.Roughly 1.4 billion square feet of leases expiring before 2026 could result in nearly 300 million square feet of space being returned to the market.Repositioning and adaptive reuse opportunities,part

3、ly driven by ESG mandates,will prove fruitful.Capital is avoiding the office market today but distress is coming.Owners and investors need to navigate the changing sources of market demand,demographic trends,and lower occupancy requirements.Meanwhile,they should prepare to hold assets and deal with

4、refinancings,capital,and operational needs.The Future of Office|3IntroductionThe U.S.office market is in a state of uncertainty.Numerous headlines have discussed its demise,yet the benefits of collaboration and in-person work cannot be completely replaced via technology,particularly in creative know

5、ledge-industry sectors.The office market isnt going away,but it is affected by major bifurcations between and within markets and across building classes and business sectors.This report investigates important trends in fundamentals and capital markets today and into the future:changing work habits,d

6、emographics,and occupier demand,with both structural and cyclical factors at play.While historically the market always comes back,the definition of a“stabilized”market may have changed.The office sector and its owners are facing unprecedented pressure to adapt and evolve.Tenant Demand/New Working Pr