Swapnil Agarwal is the CEO of real estate firm Nitya Capital and Karya Property Management as well as the Founder of non-profit Karya Kares.
Mark Twain once said, “Buy land; they’re not making it anymore.” For years, many people thought of real estate as a haven for investments. However, during the 2008 financial crisis and now during the economic uncertainty associated with the Covid-19 pandemic, some people have questioned that belief. With a portion of the workforce staying home, the demand for commercial office space has decreased and properties have been devalued. But I believe that the pandemic’s effects on commercial office real estate will ultimately be short term in nature and that it can be a valuable investment if you take a long-term perspective.
As a professional real estate investor, I’ve compiled a list of three reasons commercial office properties can transcend economic uncertainty as a long-term investment.
1. It Can Pay In Dividends
Like any investment, commercial office real estate inherently has risks. But it has one major reward in the form of potentially considerable monthly cash flow. In addition to any capital gains you may receive when you sell the office property, you can regularly