In the age of hybrid work, where more people work from home, many businesses are discovering that they require smaller offices. In contrast to pre-pandemic floorplans intended to accommodate the greatest number of employees, an increasing number of organizations are eyeing smaller, better-designed workplaces for the future.
As a result, 48% of clients in significant markets, including the UK, Germany, and France, are looking to reduce their footprints over the next three to five years, according to data from international commercial real estate firm JLL. “Our clients are analyzing data from previous years to determine what to do with the space they have.”
Furthermore, a lot of leases are coming to an end, businesses are working hard to achieve sustainability goals, and they’re concentrating on making hybrid operate properly.
