Sun Life CEO shares real estate outlook, says 'people are coming back to the office'

The president and CEO of Sun Life Financial Inc. says headwinds in the office real estate sector are likely to continue this year, but he remains positive about the industry’s long-term outlook.

“Longer term, we see (real estate) as a good investment class,” Kevin Strain told BNN Bloomberg in a television interview on Monday.

Strain said that despite the challenging economic environment, the office real estate space will eventually “right itself” and will resume its growth trajectory over time.

“We think that people are coming back to the office… I don't think people are going back to work full-time anytime soon either, but you are seeing more and more flow back into the office space,” he said.