COTD: Chart of the Day
Interesting chart of the relative performance of the various REIT sectors. Our wild ass guess (WAG) is that commercial is still a sell.
We think the COVID crisis will be remembered, among other things, as the event when the world went fully digital and the office became a relic of the past. Jack is laying the track.
“We want employees to be able to work where they feel most creative and productive,” a company spokesperson said. “Moving forward, Squares will be able to work from home permanently, even once offices begin to reopen. Over the past several weeks, we’ve learned a lot about what it takes for people to effectively perform roles outside of an office, and we will continue to learn as we go.” – Jack Dorsey, Forbes
Hat Tip: Callum Thomas