office real estate

“We do think the demise of the office is a place where people convene, where companies' cultures and visions and missions are reinforced, particularly for new employees as these companies grow and change, will remain more important than those who say everybody …”

“It's going to be a massive restructuring of that space. I suspect it'll spill into others, and so the debt part of that market is going to be great.”

“I mean, office has the greatest dispersion today ever in office history.”

“I think one thing that's really interesting that's changed in the real estate business that you were getting the beta regardless of the property type. So focusing on alpha was all that mattered. Unfortunately post GFC that's completely flipped on its head. So …”

“That space that AI tenants are taking will be dwarfed by the magnitude of vacancy that they create over time.”

“We don't really have exposure today in the long side.”

“In contrast, I think the weaker assets may continue to depreciate. That relates to demand pullback. It also relates to the CapEx intensivity of those assets. You still have to pour a lot of capital in, and if you're never going to get the top-line rents, the R…”

“We look across our office assets. We are seeing all time high rents. That demand for the best of the best office has never been stronger in many markets.”