Comments –
The increased occupancy in the last 6 weeks is due mostly to individuals returning on a partial basis. This is occurring in small to mid-sized companies but not so much in large institutional employers. The partial return may mean just few days a week or part of a day. Employers in these situations are responding to voluntary requests for the most part and we told these individuals are mostly double vaccinated.
We expect a steady increase in occupancy throughout the summer.
… stay safe - the SRRA Team
Links to Articles of Interest
London stalls on re-opening due to variants but tech firms press on
This article is worth reading and then re-reading as there is a lot of nuance to contemplate
Bloomberg offers a less rosy view of the return to office in London
Optimism regarding return to a five-day work week
Generational differences defining views on returning to the office
One major U.S. firm INSISTING workers return to the office
Fickle behavior will define the office leasing market some predict
New study credits ZOOM and similar technologies for role in keeping the economy moving through WFH