The reinvention of global office markets
Lee Elliott, head of occupier research, delves into what the latest research tells us about occupier markets.
1 minute to read
The great global workplace experiment is still in full swing. If you thought you would be working at home five days a week – Lee Elliot has some bad news for you.
Lee explains to your host Liam Bailey why the office market has never been more active, more innovative and more creative. It’s time to dust off the business casual and fight for your hot desk.
We have seen a flight to quality as occupiers move to the best quality spaces, a trend alive and well in the London market.
Lee talks about why refurbished space is the most popular amongst occupiers when it comes to take up in the London market, with niche financials, and law firms driving these trends.
Lee also points to the repurposing of office space as lease dates expire and EPC ratings force the hand of occupiers. As a result, Lee expects traditional office spaces to be converted to residential spaces, alongside alternative uses such as hotel or leisure.
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