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Offices not dead yet published : 24 Jul 2021 at 04:00 2 A growing number of corporate occupiers plan to extend their office footprint in Asia Pacific in the long term, while also pursuing greater flexibility and new hybrid working models, says the international real estate services company CBRE. About 50% of respondents signalled an intention to increase the size of their real estate portfolios over the next three years, a substantial increase from just 23% in October 2020, according to the 2021 Asia Pacific Future of Office Survey, released this week. Leading the charge are Asian companies that are displaying a stronger appetite for expansion, particularly tech companies and some investment and insurance firms. Among multinationals, while consolidation and flight-to-quality remain a focus, some still have a healthy long-term appetite for expansion, among them tech firms. ....
Work-from-home future fades in Asia as offices seek more space July 23, 2021 | 12:31 am AS THE PANDEMIC rages in Asia, offices are making a comeback. More companies based in the region expect they will need to increase office space in the near future, according to a survey conducted by CBRE Group, Inc. The study found that 66% of Asia-based firms expect to add space in the next three years, up from only 28% in October. By contrast, only 35% of multinational companies see their office portfolios growing over the period. The divergence suggests that once the pandemic fades, more Asian companies are likely to maintain traditional working arrangements than their European and US-based peers, many of which are prepared to make working from home a permanent aspect of employment to cut real estate costs. ....
Work-From-Home Future Fades in Asia as Offices Seek More Space bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Work from home future fades in Asia as companies seek more office space business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Work-from-Home Future Fades in Asia as Offices Seek More Space wealthmanagement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wealthmanagement.com Daily Mail and Mail on Sunday newspapers.