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Will the Ban of Noncompete Clauses Affect the Office Market?

Defining the future of real estate

Author

Franco Faraudo
April 25, 2024

Propmodo Daily

By Franco Faraudo · Apr. 25, 2024

Greetings!

The Federal Trade Commission has officially banned noncompete clauses in employment contracts. While this might be a good thing for the American workforce, today’s email looks at how it might also have a negative effect on the demand for office space.

There is so much negativity around the office market and the health of city centers in general that it can be hard to know what is really happening around the country. Join our Propmodo Live webinar on May 7th, where we will explore how some cities are thriving despite low office occupancy. Register for "Which Cities Are Still Thriving Even With Low Office Occupancy?"

This week in Propmodo Technology, sponsored by investment management platform InvestNext, we focus on asset and investment management trends. We'll discuss AI's role in investor relations, the emergence of real estate DAOs, and how tech platforms empower investor growth.

Now, let's dig in!

Will the Ban of Noncompete Clauses Affect the Office Market?

T.

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