400 Capitol Mall (Photo: Manulife US REIT)

The worst could be over for US-focused office REITs, as the latest data on tenant tours suggest that a recovery is underway for selected markets across the country.

And in certain cities such as San Francisco, implied demand for office spaces is now approaching pre-COVID levels.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.