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0 0 0.00119474313022705 0.00278773397052968 0.00199123855037836 0.000796495420151459 -0.00119474313022691 0.00597371565113509
Stock impact report

AI impact on offices won't be as bad as many think, Newmark says [Yahoo! Finance]

Cushman & Wakefield Ltd. Common Shares (CWK) 
Last cushman & wakefield ltd. common shares earnings: 2/27 04:09 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Dive Brief: AI is a meaningful risk to office markets but its impact will be mixed based on the type and quality of offices, according to a report by Newmark High-quality, collaboration-oriented office space will remain resilient while commodity space will be more vulnerable, Newmark said. “AI is more likely to dampen overall office space utilization rather than trigger wholesale upheaval,” Newmark said in the report. “High-quality, collaboration-oriented office settings will be comparatively resilient, while commodity space will be more vulnerable.” Dive Insight: AI has been seen as a threat to office markets because it's expected to generate a rapid decline in white collar employment in sectors vulnerable to automation, which is expected to increase vacancy rates in class B and C offices, according to Cushman & Wakefield's AI impact barometer Under its base case scenario, Newmark sees office-using employment growth remaining essentially flat, growing 0.3% between 2026 a Show less Read more
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