Scott Homa, from JLL.

The US office market was badly hit by the COVID-19 pandemic in 2020, but data suggests that workers are keen to return to their desks despite the increasing proliferation of work-from-home (WFH) arrangements.

But in the wake of the pandemic, companies are tilting towards shorter, and more flexible leases at cities away from the east and west coasts.

This was the assessment provided by Scott Homa, Senior Director, Americas Research at JLL, in a recent event organised by US focused office REIT, Manulife US REIT.

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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.