
The potential impact of remote working and the changing office
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The widely anticipated remote working drive has potentially far reaching implications for the Property Market, not only for offices but for other property sectors too. In the near term, though, there will be more questions than answers surrounding this potential trend. While many corporate CEOs appear to be planning for greater levels of remote work, as yet the pace and magnitude of the remote working trend is difficult to determine.
While many companies may have embraced remote work because they were forced to, the true extent of this enthusiasm for remote work from management teams and employees alike will only become clearer once the COVID-19 Crisis has passed and office buildings are 100% open once more. Nevertheless, significant enthusiasm for the concept should be expected, given the success of the Lockdown remote working “experiment”, and asking the relevant questions as to the impacts of such a trend is thus important. Cobie Legrange caught up with John Loos, property sector strategist at FNB Commercial Property Finance to look at the emerging patterns in the property space
While many companies may have embraced remote work because they were forced to, the true extent of this enthusiasm for remote work from management teams and employees alike will only become clearer once the COVID-19 Crisis has passed and office buildings are 100% open once more. Nevertheless, significant enthusiasm for the concept should be expected, given the success of the Lockdown remote working “experiment”, and asking the relevant questions as to the impacts of such a trend is thus important. Cobie Legrange caught up with John Loos, property sector strategist at FNB Commercial Property Finance to look at the emerging patterns in the property space