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Municipal authorities in US cities where home prices have soared are increasingly seeking to convert outdated and unwanted offices into apartments. This could be a welcome development for a commercial real estate market that is still licking its wounds from the pandemic, changing commuter patterns and persistently high interest rates.

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From conference room to kitchen: how reuse can reshape real estate – AllianceBernstein

Converting offices to apartments may create opportunities for real estate investors and revitalise cities.

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