News

Despite economic uncertainty, the U.S. office market will end the year on solid ground as net absorption is up 22% year-over-year and office vacancy is at a record low.

According to real estate experts, coworking spaces will continue to grow across several markets thanks to technological advancements, demand for flexibility and more.

Village Hotel Club’s research has revealed that 44% of UK workers want flexible working options, with 14% saying their commute was their biggest work-related annoyance.

Workspaces in 2020 will be defined by their ability to adapt to incoming younger generations, technology integration, work-life balance offerings, collaboration and more.

Senator Elizabeth Warren has called out Adam Neumann’s massive $1.7 billion severance package after reports revealed WeWork would be laying off 2,400 of its employees.

At a panel discussion hosted by The Real Deal and Spaces, industry experts discussed how WeWork has impacted the industry and what to expect from the future of coworking.

A survey from app development company Zapier has revealed that “knowledge workers” are increasingly in favor of working for a company that offers remote working options.

Despite growing competition from hospitality firms, coworking and flexible workspaces of all types will continue to flourish across the commercial real estate industry.

DXC Technology revealed technology trends that will impact the workforce include AI, a shift in IT, data ecosystems, nurturing teams and a change in business leaders.

As the remote workforce continues to grow, the chances of feeling lonely does too, so employers must ensure their offices are designed to encourage social interaction.