Only 9% of companies surveyed recently by commercial real estate firm CBRE plan to significantly shrink their office portfolios.
That figure is a sharp drop from last year’s 39%. The survey found that 85% of the 185 companies surveyed expect employees to spend at least half of their time in an office.
A majority of large companies (72%) plan modest office-space reductions. Smaller companies say they are more likely to keep their office square-footage the same size or increase it.
Some 38% of companies say they believe workers will spend three or more days in the office, while 32% think there will be an equal mix of in-office and remote work. About 15% say employees will only work in the office, and 7% say employees will mostly or entirely from a remote location.
Related Stories
Codes and Standards | Jul 10, 2018
Carbon emissions in cement production threaten GHG reduction goals
Cement is essential to many infrastructure projects that address climate change.
Codes and Standards | Jul 10, 2018
DOE’s Better Buildings Summit to be held in Cleveland, August 21-23
Agenda includes technical training and networking opportunities.
Codes and Standards | Jul 6, 2018
Houston’s lessons learned from Harvey include lack of awareness by residents of flood danger
Inconsistent regulatory environment also cited.
Codes and Standards | Jul 6, 2018
Delos and HDR will co-develop wellness design tools and collaborate on research
WELL Building Standard pioneer teams with architects to advance wellness innovations in the built environment.
Codes and Standards | Jul 5, 2018
BREEAM New Construction standard launched in U.S.
Follows successful launch of BREEAM In-Use standard.
Codes and Standards | Jun 29, 2018
Nearly half of nonresidential construction projects now delivered by design-build
‘Alternative’ method now mainstream for nonresidential, highway/street, and water/wastewater construction projects.
Codes and Standards | Jun 28, 2018
Modular construction may be key to relieving housing crunch
May be only way to meet needs as ranks of construction workers decline.
Codes and Standards | Jun 27, 2018
Thirty nine San Francisco high rises at risk of collapse in major earthquake
Vulnerable buildings have welded columns and beams.
Codes and Standards | Jun 26, 2018
Boston enacts new climate resiliency rules for buildings
New policy is likely a first in the nation.
Codes and Standards | Jun 25, 2018
Integrated Project Delivery guide offered by Pankow Foundation
An Action Guide for Leaders offers answers to critical IPD questions.