Small companies look set to lead the charge on a return to the office during the coming months.
More than 80% of small companies responding to CBRE’s latest survey of 130 corporate occupiers said their locations have all reopened, compared with only a third of large companies.
By sector, more than 70% of life sciences companies have fully reopened, with banking and finance (57%) and technology, media and telecoms (46%) further behind. Most companies, and the vast majority of larger business with more than 10,000 employees, will put hybrid working policies in place when open again.
“Size and sector differences are substantial in this area,” said Richard Holberton, CBRE’s head of EMEA office occupier research. “Across the sample as a whole, 20% support a full-time return to the office for most employees, but for small companies this rises to 63%.
“Support for corporate-defined hybrid models is more than 60% in the banking and finance and TMT sectors, while only about 50% in life sciences.”
Companies are evenly balanced in plans to change their office portfolio size, with a third expecting to expand, a third to decrease and a third to keep their portfolio the same.
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