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The death of the office may have been a short-lived and heavily rebutted theory to come from the coronavirus outbreak, but there are plenty of businesses that have taken the opportunity of lockdown to permanently, for now at least, close offices in favor of employees working from home.

However, according to a new survey of 65,000 real estate advisor Savills‘ clients, some 89% of respondents believe that retaining physical space is vital for business.

Despite this indication, further results show that its far from business as usual for workplaces.

While many are clear that office design will change going forward to adapt to a post-COVID mindset, focusing more on social distancing areas for shared learning, the study suggests that this will not affect the overall demand for office space significantly.

While 62% of respondents currently operate in towns or cities, the study suggests that this could fall by 23% based on preferences expressed. This would see increases in working from home and working in rural areas.

For future generations of talent, the office has been identified previously as a key area in which workers can be attracted and retained, and this stands for the working world after the coronavirus outbreak too. 25% of 18-24-year old’s expect to spend no time working from home, down from 50% pre-coronavirus, but still representing the largest proportion of all age groups.

“The experience of remote or home working has been felt very differently by people across social and age groups. The consensus is that mental and physical health, personal growth and a separation between home and work life must be supported in both locations. Ultimately video conferencing is no substitute for face-to-face contact,” says Jeremy Bates, executive director and head of occupier services EMEA.

There is also a correlation between the distance employees have to commute and their work from home experience, suggesting a ‘hub and spoke’ model making using of regional and local offices could be a way forward.

Interestingly, up to 67% of people said they’d be willing to desk share again, once it became safe to do so. However, this study does not consider shifting attitudes from the beginning of the lockdown to now.

Bates continues: “Ultimately, it is important to note that the survey results are a reflection of how people felt early on during lockdown and this is likely to change now that restrictions are beginning to lift. This is why we must continue to survey opinion even once the worst of Covid-19 is behind us.”

Portions of this article originally appeared on the On Office Magazine website.

 

The Sundance Company                                                                
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

 

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