THE NEW 36% REALITY

Assets underwritten with generic 60–70% physical occupancy assumptions might be vastly mispriced.

THE COMPLIANCE PREMIUM

Regulated industries (Finance) and tangible goods (Manufacturing) are the undisputed anchors of the 2025 rent roll, maintaining near 50% physical presence.

THE END OF THE TECH ERA

Technology & IT has structurally collapsed to 15% occupancy. Landlords heavily exposed to tech tenants face severe, imminent vacancy absorption risk.