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Dell probably owns SOME real estate but their business is making computers and shit, not renting and selling property. They have no incentive to increase the va
by bityard 3y ago
Dell probably owns SOME real estate but their business is making computers and shit, not renting and selling property. They have no incentive to increase the value of any property they hold. Like most large businesses, they likely rent the vast majority of their offices so falling rent would actually benefit them.
I'm as much of a WFH proponent as the next guy but blaming CRE on the latest return-to-office movement is some crazy conspiracy theory stuff.
- oblio 3y agoDell doesn't own a ton. However, who are Dell's the main shareholders? Do they have any vested interest in commercial real estate? Are they associated in other ventures with people who have a vested interest in commercial real estate?
- grepfru_it 3y agoGo lookup Dell Capital.
- oblio 3y agoFrankly, I don't want to, but based on the other comments, you've proven my point :-)
- MerManMaid 3y ago>Dell probably owns SOME real estate but their business is making computers and shit, not renting and selling property. You would think... Dell is a subsidiary to "Dell Capital" who's portfolio also boasts at least a 10B stake in real estate. (Primarily CRE) https://www.prnewswire.com/news-releases/bdt--company-and-msd-partners-to-combine-as-the-preeminent-advisory-and-investment-firm-serving-family--and-founder-led-business-owners-and-strategic-long-term-investors-301654544.html https://www.prnewswire.com/news-releases/bdt--company-and-ms...