Cushman Wakefield Recently Put Out It’s Global Key Findings Report On Predicting The Return To The Office
Cushman Wakefield recently put out it’s Global Key Findings Report on Predicting the Return to the Office. Here’s what they had to say, and do you agree? • As of September 2021, approximately 40% of all global office workers have returned to the office. China is leading the return with over 90% back. All […]
Reports of the Death of the Office Have Been Greatly Exaggerated
A funny thing happened when offices around the world closed all at once in the early days of COVID-19: internet traffic went through the roof. We certainly felt the surge here at Propmodo. Our team was quick to identify the workplace implications of a pandemic and the fear and uncertainty it would cause landlords and […]
Hybrid Work is Coming: Key Terms and Concepts You Need to Know
Vaccinations are going into arms every day and more schools are meeting in person for at least a few days a week. This momentum has enabled some employees to visit their offices and literally dust the cobwebs off their workstations. The work-from-home dynamic, which scaled up significantly in 2020, has turned out to be technically […]
Upwork Study Finds 22% of American Workforce Will Be Remote by 2025
Growing acceptance of remote work amid the pandemic will create increasingly distributed and flexible teams in 2021 and beyond SANTA CLARA, Calif. – December 15, 2020 – Upwork, the world’s largest work marketplace, today released the results of its second 2020 Future Workforce Pulse Report, a survey that examines the hiring habits and sentiment of […]
Virtual Offices are the Commercial Office Sector’s Biggest Threat
“The Oasis. It’s a place where the limits of reality are your own imagination. You can do anything, go anywhere,” Wade Watts says of the technology at the heart of the bestseller Ready Player One. The science fiction epic tells the story of a world living online, cut off from most human contact, living and […]
Home Office Tips/Trends
What is key to having a functional home office these days? While we are working at home more, we want our spaces to be beautiful and functional. Beautiful storage that looks more like residential furniture than a true office. Invest in a good office chair that doesn’t look like you brought it home from the […]
What to Expect in the New Office Ownership Landscape
Cushman & Wakefield’s recently released Global Office Impact Study & Recovery Timing Report has some fascinating conclusions on how the office space market may evolve over the coming years. According to the report, vacancy will reach an apex in Q2 2022 with rents bottoming out slightly before then in Q1. Cushman & Wakefield expects both vacancies and […]
What’s Happening with WeWork after SoftBank Pulls its Funding?
Here’s a great article for one of our favorite Commercial Real Estate news sources Propmodo.com on what’s happening with WeWork after SoftBank pulls its funding due to “unfulfilled conditions”. SoftBank Pulls WeWork Funding for “Unfulfilled Conditions” As part of the aftermath of the failed WeWork IPO, their biggest investors (in both size and profile) SoftBank […]