Q&A: Robust office fundamentals drive positive lending outlook

The office sector is positioned to perform well in the second half of the year, as employees’ “fear of missing out” drives a return to the office. From a financing perspective, some property sectors have reached or even exceeded their pre-pandemic position. Robert Durand, executive vice president, finance, for KBS, recently shared with IREI his financing and lending outlook for the second half of the year.

What is your outlook for office investment in the second half of 2021?

We have seen strong performance in our office portfolio during the first half of the year, and there is every indication that this will continue and even increase during the second half as the pandemic wanes in the U.S. and more companies return to the office. The current low interest rate environment is also a great tailwind f