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Just nine percent of companies surveyed by CBRE plan to significantly shrink their office portfolios, a figure that’s far less than last year’s 39%.

Of the 185 companies surveyed by the CRE giant in its Spring 2021 Occupier Survey a whopping 85% say they expect employees to spend at least half of their time in a physical office. The majority of large companies72%appear to be planning for what CBRE calls “modest” office-space reductions, a significant increase from CBRE’s September 2020 survey results (45%).  And smaller companies report they’re more likely to keep their portfolio the same or grow it.

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