SAN FRANCISCO—The future of office demand is a hot topic aroundthe country as COVID-19 required companies to engage in the largestwork-from-home experiment in history. After a three-month mandatoryhiatus, these firms and employees have largely successfullyadjusted to working from home, but new surveys point toward workerslooking to get back to normal routines instead of working from homepermanently.
In fact, a survey by Gensler found only 12% of workers want towork from home full time and 70% say they want to spend most oftheir week in the office. Meetings, socializing and impromptuface-to-face interactions with colleagues were ranked as the topreasons people wanted to head back into the office.
JLL's new "The Future of Office Demand" report also finds thephysical office will maintain its importance for facilitatinginnovation and collaboration, and ultimately employee health,well-being and productivity. By studying historical trends ofprevious global economic downturns such as the 1990s recession,dot-com crash and 2008 global financial crisis, JLL points to howthe corporate real estate market recovered as the economy wasrebuilt.
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