Occupancy Index - September 1

Comments –

We are seeing more and more companies allowing for some voluntary return in September. Traffic volume downtown is close to 75% of pre-COVID levels and parking garages are reporting the highest levels since the pandemic began and auto travel is reaching its limits. The TTC just celebrated its 100th anniversary and as a present from employers and mandatory vaccine policies, most returning commuters will be able to travel safely in the TTC.

January 1st 2022 seems to be the date many companies are planning to reach their post-pandemic normal. Many report that so much depends on the hospital capacity and severity of the fourth wave. We expect 10% to be achievable in September provided the largest employers open up to more voluntary return.

… stay safe - the SRRA Team

Links to Articles of Interest

New York-based companies seem to be most definitive on vaccine requirements

and this on vaccine mandates

Meanwhile in London…

BizNow audio series on Future of Office worth a listen

and cities need office workers

5G and other tech innovations will help shape a ‘new look’ office environment

Hybrid work risks becoming the next ‘career killer’ for women

Just when you thought you were beginning to understand the direction of trends for a return to the office….