Developing flexible new work concepts
The office real estate market has traditionally been robust. Massive changes have occurred in the early 2020s: the COVID-19-pandemic caused temporary construction stops and home office regulations reinforced the trend toward remote work. Currently, many large companies are rethinking their office concept – both working hours and working environments are becoming more flexible. Possible effects are lower per capita office space and decreasing demand for space. In combination with increased construction activity in key markets, this could lead to growing vacancy rates in the medium term and put pressure on purchase and rental prices. On the other hand, the risk seems manageable, as the share of office work is rising again and the share of remote work declining – many companies and employees continue to view in-person collaboration positively.
We support our clients in the development of sustainable business models based on well-founded market analyses and trend studies. In addition, we provide support in the utilization of existing space and the development of utilization concepts.