Market digest

JLL’s most recent research is shaped by insights from more than 200 CRE decision-makers and incorporates findings from employee surveys, totaling over 20,000 individual responses to answer the question: is hybrid really working?

In short.. yes. On average employees are spending 3.1 days in the office.

However, aligning employer expectations with employee needs is a critical challenge confronting companies and CRE leaders today.

JLL’s research indicates that the most successful adopters of hybrid models excel in three key areas compared to their counterparts:

Download the report for more detail here. 

Workthere has just launched the fourth edition of their Workthere Flexmark report which is based on the findings of a global survey of flexible office providers.

The report delves into factors such as occupancy rates, the demographics of flex space users, client preferences in flexible environments, future projections for the sector, and the strategies employed by flexible operators in addressing environmental, social, and governance (ESG) considerations.

One key observation is that there is a continued increase in large businesses (101+ people) taking up more flexible workspace globally:

Discover more insights by downloading the report here. 

JLL’s latest research is based on the findings of a survey that asked over 1,000 real estate decision-makers around the world, how their organizations are planning for and implementing new technology.

Considering the challenges of the current market, 85% of respondents plan to increase their investment in technology over the next three years. However, companies are currently struggling to achieve their technology objectives, with fewer than 40% of organizations considering their existing tech programs to be very successful.

The report breaks the findings into 3 key areas:

For more insight, download your copy here. 

CBRE Institute’s Fall 2023 report outlines 10 initiatives that CRE&F leaders may consider to navigate the current market challenges and reduce total cost of occupancy.

Learn more by reading the full report here. 

Collier’s Q2 report looks at the current economic and real estate trends in the U.S. office markets and deep dives into local trends, uncovering what is declining, stabilizing or showing signs of recovery.

Download the full report here.  

Savill’s European Flexible Offices report provides an overview of the market trends in European cities where flex take-up is prominent.

Key takeaways:

Read the full report here.