An Analysis of the Relationship between the COVID-19-induced Remote Working and Future Office Space Demand

Olayiwola Oladiran, Paul Hallam and Lee Elliot

AfRES from African Real Estate Society (AfRES)

Abstract: Purpose: Many businesses and organisations were forced to adopt remote working following the COVID-19 induced lockdown.Design/Methodology: Using data from a survey of 376 global office space occupiers, this paper analyses the relationship between the COVID-19-induced remote working and the potential changes to office space use and demand going forward.Findings: The results suggest that the experience of employees while working remotely is closely related to organisations’ future workspace plans. The results specifically show an inverse relationship between employees’ remote working experience and future space requirements i.e. positive employee remote working experience increases the probability that organisations will demand less space going forward.Practical implications: These insights are essential for office space planning, management, forecasting and investment.

Keywords: COVID-19; Forecasting; office space; Organisations; Planning; remote working (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2021-09-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://afres.architexturez.net/doc/oai-afres-id-2021-001 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:afr:wpaper:2021-001

Access Statistics for this paper

More papers in AfRES from African Real Estate Society (AfRES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().