Remote Work, Expensive Rent And Long-Term Leases Are Impacting Office Takeup
Of respondents who are expected to downsize their office, 67% said that the shift to remote and hybrid work has had a significant impact on this decision.
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Of respondents who are expected to downsize their office, 67% said that the shift to remote and hybrid work has had a significant impact on this decision.
According JLL data, completions have grown 11.8 million to 26.5 million square feet for 2022, which is on track to keep up with the pace of 2021’s 50 million square ...
Continuing the trend of CRE giants investing in coworking, JLL has just expanded its flexible space brand. Its second location is based in Seattle, at a former WeWork space.
Workbox is expanding outside Chicago for the first time. Its fifth coworking space will be located in Minneapolis, opening in November 2022.
Despite ‘back to office’ requirements, more than one-third of corporate office space is sitting empty, according to new data.
What do landlords and occupants do when they find themselves with out-of-use office space? Grey spaces have become a popular solution to help maintain income while being flexible for tenants.
Raising interest rates is not the greatest tool when it comes to slowing down a labor market, but it is the only tool that the Federal Reserve has. This will ...
Instagram and Facebook parent company Meta has plans to offload some of its office space as it is less needed now due to the uptick in remote and hybrid working.
The Great Room Offices Pte, a Singapore-based flexible office operator, is opening its second location in Hong Kong as interest increases.
Workspace scheduling software provider Condeco is merging with workplace and asset management firm iOffice + SpaceIQ, as demand grows for new work technology solutions.
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