Five Office Sector Metrics to Watch (2023)

This is interesting. Among all the hoopla about RTO:

«5. Work-from-Home (WFH) Trends

Working from home appears to be a preferred benefit14 for former full-time office workers, and many firms now recognize WFH’s competitive advantages or are beginning to do so.15 This workplace trend suggests that U.S. firms are no more likely to go back to requiring full-time in-office work than to requiring full-time business attire for office workers. This means that many firms may be leasing more office space than they need—and if the WFH trend becomes permanent, firms will need to downsize their office space as their leases expire. This downsizing could result in a contraction of the office sector as significant as that of regional malls in the 2000s.16»

https://www.financialresearch.gov/the-ofr-blog/2023/06/01/five-office-sector-metrics-to-watch/

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