CBRE makes a bold prediction that office-based employment will return to pre-pandemic levels. They note, however, that the type of space occupiers want and how they use it will be far from “normal”. Sustainability goals are highlighted as a top factor for occupiers in choosing an office, and CBRE suggests this could drive demand for newer more efficient buildings. This flight to quality singles out better performing buildings as compelling environments for occupiers and their employees.

 

Referencing popular uptake of hybrid working, CBRE highlights the importance of smart building and technology infrastructure to support accurate and real time data on occupancy trends. Employers are putting occupier experience at the core of their office strategies to attract employees back. They point to expanded technology infrastructure and employee expectations as drivers of consumerisation of the office experience.

 

CBRE’s UK Real Estate Market Outlook 2022