People are social beings by nature. They need stimulation and collaboration to work at their best. What does this have to do with office space?
For months now we have been reading about the demise of the office market in the wake of the work-at-home wave created by the pandemic. With 63% of people recently surveyed saying they prefer to work from home, companies are scaling back and rethinking the need for office space.
A survey of top businesses released by KPMG in late August found that more than two-thirds (68%) of large company CEOs plan to downsize their office space. The survey, which polled companies with more than $1 billion in annual revenue, suggested the virtual work model will continue even after the pandemic subsides and a vaccine is approved. Nearly three-quarters of the