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Office Re-Emerges as Primary Workplace
Fifty-nine percent of office occupiers are currently mandating or encouraging their employees to spend more time in-office, with an additional 55% expected to do so over the next six months, according to the first-ever Global Workplace Report from VTS. Conducted among hundreds of business leaders by an independent market research firm, the report aims to provide insight on the needs, sentiment, and behavior of tenants as it relates to their workplace heading into 2024.
While nearly 60% of respondents said their employees work from home at some point during the week, just 1% of companies in North America and Europe have gone fully remote, according to the survey. that Accordingly, strengthening existing tenant relationships and investing in the technology needed to manage the hybrid work environment will be key to success.
“As companies’ return-to-work plans continue to take shape, the office has re-emerged as the primary place of business for today’s workforce,” said VTS CEO Nick Romito. “With more employees getting back in offices, landlords and companies need to be considering the onsite experience of employees and the technology needed to manage it, as tenants’ demands have shifted greatly during the pandemic.”
