Hybrid office is becoming new norm

Cushman & Wakefield has released a comprehensive study titled Office of the Future Revisited, which reports on employees’ thoughts on returning to work, the need for flexible office workspaces, and increased demand for space in office-using industries. The report is based on Cushman & Wakefield analysis of industry-leasing data, surveys conducted by Cushman & Wakefield since the onset of the pandemic, and various other sources.

“This report aligns with a couple of key industry trends,” said David Smith, global head of occupier insights at Cushman & Wakefield and co-author of the report. “First, the majority of global office workers prefer a hybrid working arrangement, and many companies that have made decisions are currently planning on hybrid, agile work environments. More are expected to go in this direction as leases expire. Second, despite the work-from-home rhetoric, market data shows office leasing volumes are surging back, up 41 percent