Image - city illustration
Image - city illustration

Empty Spaces and Hybrid Places: The Pandemic's Lasting Impact on Real Estate

The past three years of the pandemic and the widespread practice of working from home have had a huge impact on our cities, businesses, individuals, and real estate of all types around the world. What will the future look like when considering long-term trends in population, employment, office attendance, housing prices, and other factors?

Join us for a special presentation featuring the results of a new McKinsey Global Institute (MGI) report, "Empty spaces and hybrid places: The pandemic’s lasting impact on real estate." MGI Director Jonathan Woetzel will take the lead in a discussion of the report's findings and implications, such as the ripple effects of hybrid work on the way we live, work, and shop; the resulting impact on demand for office, residential, and retail space in cities; and how urban stakeholders can adapt to the new reality. He will be joined by Peter Calthorpe, urban design and planning principal at HDR.

Image -  Peter Calthorpe

Peter Calthorpe

Urban Design & Planning Principal, HDR

Image - Jonathan Woetzel

Jonathan Woetzel

Director and Senior Partner, McKinsey Global Institute; Twitter @JonathanWoetzel

Image - Charles Atkins

In Conversation with Charles Atkins

Partner, McKinsey & Co