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  • Demitry Omrin

https://business.financialpost.com/real-estate/property-post/why-office-real-estate-landlords-arent-

I came across an article concerning the future of office space post COVID. In light of so many moving parts at the moment, predictions are not much more than speculation. I will say however that businesses rely on fostering culture to receive buy-in from employee's on execution of a company's value proposition. That is very difficult to accomplish with a work force that is entirely physically separated. In this vein, I suspect that until there is a vaccine, businesses will implement a hybrid situation where say 50% of office staff rotate working on-site/off-site. If so, the square footage of office space should not decrease because of the increased distancing requirements while workers are in the office.

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