Friday, June 18, 2004

Offshoring Threatening Commercial Real Estate?

Reuters.com reports offshoring may be a threat to the commercial real estate recovery. This is based on the speculation of property academic and consultant Leanne Lachman.

I'm not sure I agree with her logic.

"I argue the slope of the line will steepen more dramatically. Media coverage of outsourcing has triggered growing awareness of the issue among chief executives who realize they have to cut their costs too... These emerging markets are also rapidly moving up the value chain in office jobs"

OffshoreXperts.com - Offshore Outsourcing Marketplace

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