News

After a tumultuous year, the office sector and real estate in general could bounce back if a vaccine becomes available to the general public by the first half of 2021.

According to Microsoft founder Bill Gates, the standards in which we work and travel for business will permanently be transformed even after the pandemic has subsided.

Now that companies have had the opportunity to experiment with part-time and flexible working policies, many employees are finding this way of working to be preferable.

Microsoft will embrace flexible work policies for the foreseeable future and employees can now expect working from home for part of the week to be the new norm.

Office spaces have been propelled into the future, and the industry could learn from brick-and-mortar stores who underwent massive changes over the last two decades.

A new survey from Gensler reveals that employees actually want to come into the office some of the time, meaning companies need to adopt a hybrid approach in the future.

Three months after China-based shared workspace provider Ucommune has to walk away from its IPO filing, the company has completed a backdoor listing in the U.S.

The population of digital nomads, or professionals who work from various locations, has grown 49% from last year as more people get a taste of flexible work policies.

Many people have found that remote working does not suit them for various reasons. This has led companies to adopt satellite offices to let employees work near home.

CBRE’s newest 2021 outlook anticipates that the real estate industry as a whole will rebound next year, but the office sector may take longer than retail and hospitality.