For much of the past two years, office-using companies have had to react to extreme changes. But are occupiers now in a position to make decisions that better express their own strategic choices?
We asked senior real estate decision-makers in over 100 companies for their views on these issues and what will be shaping occupier decision making for 2022 and beyond.
Key findings from the survey include:
• Repopulating offices is a pressing priority as 68% of companies expect to be promoting a more regular return to the office by mid-year
• 70% are permitting either a voluntary return to the office at the employees’ discretion, or requiring return on a part-time basis. Only 6% of companies are currently requiring employees to return to the office on a full-time basis
• A growing number of companies (40%) expect expansion in their portfolio footprint over the next three years; and around a fifth are considering relocating some functions, either to lower-cost areas or to better quality space
• Only 8% of companies report no change in their real estate strategy as a result of the Covid pandemic, with 63% highlighting an increased acceptance of the future of remote work as a consequence
• Nearly three-quarters of companies say that they are moving towards a choice-based “hybrid workplace”, but only half (56%) have devised, or are developing, a formal policy to frame this
The full results of the survey can be found in link below. We hope you find them insightful and very much welcome your participation in future editions.
The team is happy to take questions or discuss the results further. Our contact details can be found below.