Is this seat taken? Plenty of smart thinking needed to create the office of the future

Better facilities and flexibility will win over workers

clock • 4 min read

After 12 months of lockdown, do the recent acquisitions of London offices by international investors signal a change in sentiment towards the pandemic-weary sector?

Valuations of UK offices have drifted lower over the past year, to a point where they now trail many other European countries despite the universal impact of the pandemic. Fuelled by the relative speed and ease with which office workers adopted home working, uncertainty continues to cast a shadow over the sector. For investors attempting to understand the lasting impact of Covid on office use in the UK, they must learn to decipher how a combination of structural changes brought about by the pandemic, together with the effects from Brexit and advances in technology, are going to change...

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