US Office Values Plummet, Dubai Defies Slump, Lakewood Ranch Industrial Property

The brutal reality of plunging office values is here, as the commercial real estate market in the US faces a crisis. However, Dubai's Golden Visas are helping the city defy the global office slump. Plus, an investor is building a 178,000-square-foot Lakewood Ranch industrial property. Also, the US commercial property crisis looms over Korea, with potential implications for South Korea's financial industry.

Sources:
https://www.afr.com/property/commercial/the-brutal-reality-of-plunging-office-values-is-here-20240218-p5f5w7
https://economictimes.indiatimes.com/nri/invest/dubais-golden-visas-are-helping-the-city-defy-global-office-slump/articleshow/107795189.cms
https://www.businessobserverfl.com/news/2024/feb/18/investor-building-industrial-property-lakewood-ranch/
https://www.koreaherald.com/view.php?ud=20240218050144

Outline:
(00:00:00) Introduction
(00:00:42) The brutal reality of plunging office values is here
(00:04:07) Dubai’s Golden Visas are helping the city defy global office slump
(00:07:42) Investor building 178,000-square-foot Lakewood Ranch industrial property
(00:10:37) US commercial property crisis looms over Korea