The facilities management profession is “on the edge of a cliff" because commercial office space is slowly becoming obsolete owing to the hybrid working revolution, delegates at a conference heard this week.
New research recommends a method for calculating the amount of space needed per person in the post-pandemic world for the new era of flexible working and to meet zero carbon targets.
Serviced offices focused on sustainability are the kind of workplaces that “will emerge from the impending downturn”, according to the CEO of an office provider.
The office lease might not die, but it will be irrevocably changed by far-reaching social, economic and political trends, according to a study by built environment communications firm Magenta Associates.
The rise of the flexible office is the result of dramatic changes in the way corporate occupiers approach their real estate decisions, and will open up opportunities for landlords able to adapt and respond to these shifts, states a report from real estate advisor CBRE.
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