Debt time bomb about to explode in world empty office real estate
PGIM Real Estate, a unit of Prudential Financial, warns that Debt time bomb about to explode in the world empty office real estate as the values for institutional-quality offices are down in the US with % 27 declining since March 2022, when interest rates started going up, while apartment building prices have tumbled % 21 and malls are off %18, and office prices are expected to fall over % 25