For Large Employers, Ignore Remote/Hybrid Buzzwords
A recent survey of corporate real estate professionals by Colliers and CoreNet Global suggests a marked trend toward smaller office workplaces, with roughly four in five respondents expecting to reduce their overall office footprint by 10 to 50 percent and planning to move up to half of traditional leases to flex leases within five years. Then, just after New Year’s came a spate of announcements from major corporate employers – Disney and Morgan Stanley, among others – that they would be requiring employees to return to work at least four days a week.
How should corporate leaders make real estate plans with these seemingly conflicting trend indicators? Sara Ross, a strategic design and planning consultant recently named principal with national workplace strategy expert Dyer Brown, puts it simply: there is no conflict.