Occupancy Index - March 1st

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Comments –

Recent interviews suggest that HR specialists and executives are spending even more time working out the logistics of partial in office and work at home strategies. Of note is the increased frequency of individuals who are requesting to return as permission and regulations permit. This trend is not moving the needle on the Index although it is close to being 5% again. 

The projections for an increase in occupancy by some are moving up from a few months ago.  We may see an increase later in March, by as much as a couple of points, subject to any new restrictions.

For those who were able to attend the Forum on the Future of Office Space, you can expect the summary to go directly to you early next week. For those how missed it we will be putting a summary on the website by March 29th… Stay Safe…

 

Links to Articles of Interest

Pandemic will impact growth rates in and within cities, affecting talent attraction among other trends

UK suffered through three lockdowns, but office occupancy increased each time people were allowed to return.

UK opinions range on back to the office

Who will bear the cost of alterations to office layouts?

U.S. execs suggest proof of vaccination key to entry back to the office

US companies criticized for lack of forward planning in anticipation of return to the office

The role of an HQ post-pandemic raises questions ranging from floor design to ‘messaging’ – likely to have greater impact in larger US market that has multiple large metros