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Brookfield, Tishman Bet Billions on Workers Returning to Office

  • Real estate titans herald once-in-generation buy opportunity
  • Some properties are selling at discounts of up to 40%: Speyer
Bloomberg business news
WATCH: Brookfield, Tishman say don’t bet on the death of cities.Source: Bloomberg

The pandemic has created a once-in-a-generation buying opportunity for investors willing to bet on the long-term prospects of workers returning to the hearts of global cities.

That’s the view of real estate titans including Tishman Speyer Properties President Rob Speyer and Brookfield Asset Management Inc. Chief Executive Officer Bruce Flatt, who have invested billions snapping up discounted offices and other commercial buildings since the start of the pandemic.