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London offices over half full for first time since start of pandemic

May 13, 2021
in Working in London
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London offices over half full for first time since start of pandemic
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The landmark was handed final Thursday when information from analysts Metrikus, which makes use of sensors to detect how many individuals are shifting round buildings, confirmed that places of work have been 50.51 per cent occupied.

Nevertheless, even whereas workspaces steadily replenish once more because the worst of the Covid disaster fades away, there have been predictions on Thursday from one of many London’s greatest workplace landlords that the sample of labor won’t ever be the identical once more.

David Lockyer, head of Broadgate at property large British Land, which owns 22.7 million sq ft of ground area, stated the corporate was now assuming that the common employee will spend a full day much less per week within the workplace after the pandemic in contrast with earlier than.

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It believes that the common variety of days commuting will fall from round 4.2 days to three.2 days, a historic shift to hybrid working fully caused by the lockdowns and dealing from residence experiences of the previous yr.

Nevertheless, he stated that this might be largely offset by robust employment development and a requirement for extra spacious places of work, that means that the “total web web will solely be a slight lower in area that won’t be practically as dramatic as folks may need thought a yr in the past.”

He added: “Companies are saying folks do need to come again. However does that imply 5 days per week? The query is was it 5 days per week even earlier than Covid? However there undoubtedly is pent up demand for coming again for all the explanations you’ll think about; notably collaborating and mixing with colleagues.”

He stated 36 per cent of its new 40,000 sq ft Storey versatile workspace at 100 Liverpool Avenue was already let with “lively discussions” underway on one other 40 per cent.

Author: ” — www.standard.co.uk ”

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