The future of the corporate office? Emerging trends in the post-Covid city
Planners as market actors: rethinking state-market relations in land and property
Stefania Fiorentino,
Nicola Livingstone,
Pat McAllister and
Howard Cooke
Cambridge Journal of Regions, Economy and Society, 2022, vol. 15, issue 3, 597-614
Abstract:
Part of an ongoing longitudinal study, this article provides evidence on the emerging impacts of Covid-19 on the demand for, configuration and role of offices in cities, drawing on primary data from semi-structured interviews with UK-based corporate real estate managers. The research is grounded on a ‘theory of change’ framework combining real estate, institutional economics and economic geography literature. Our findings confirm an acceleration towards hybrid working patterns. While some changes in the current use of offices may be temporary or more dynamic, other adjustments may be permanent (for example working from home, portfolio rationalisations) and trigger structural changes across cities.
Keywords: corporate offices; Covid-19; flexible working; cities; real estate trends; post-Covid city (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:oup:cjrecs:v:15:y:2022:i:3:p:597-614.
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Cambridge Journal of Regions, Economy and Society is currently edited by Judith Clifton, Anna Davies, Betsy Donald, Emil Evenhuis, Stefania Fiorentino (Associate Editor), Harry Garretsen, Meric Gertler, Amy Glasmeier, Mia Gray, Robert Hassink, Dieter Kogler, Michael Kitson, Linda Lobao, Charles van Marrewijk, Ron Martin, Peter Sunley, Peter Tyler and Chun Yang
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