Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/304355 
Year of Publication: 
2024
Citation: 
[Journal:] EconPol Forum [ISSN:] 2752-1184 [Volume:] 25 [Issue:] 5 [Year:] 2024 [Pages:] 52-58
Publisher: 
CESifo GmbH, Munich
Abstract: 
A quarter of the workforce regularly works from home, oftentimes blending office and remote work. The office market is undergoing a stress test, with challenging conditions expected to persist. The permanent shift toward working from home (WFH) is expected to decrease long-term office space demand by around 12 percent. In industries with high WFH rates, new office leases show a flight to quality with higher rents. An office building's ability to meet the growing "new work" demands is now a key leasing factor.
Document Type: 
Article

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