Underwriting the Perceived Instability of Short-Term Office Leases
February 1, 2021
By
Leah Gallagher
The
threat of shorter office lease terms has been looming over the commercial real
estate industry for several years. Companies first braced for the potential
impact of new standards from the International Accounting Standards Board (IASB)
recognizing all leases on the balance sheet, which took effect in January 2019.
Then, the office leasing world was hit with additional…