That corporate real estate professionals say their global companies are using less office space than before the pandemic is easy to see. The interesting parts of a new survey by CoreNet Global is how much confidence there is that, barring a major new and troublesome Covid-19 variant, office use could expand.
First, some numbers on the dropdown. About 57% of the respondents said their companies were using anywhere from the same amount of space to up to 20% less than in March 2020. Another 28% were using between 20% to 30% less space, while 15% had taken on more.
Keep in mind that the audience may not be a statistical match for the industry as they are all members of the same organization and only 300 participated.
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