You are visiting a page on our global site but we noticed that you are in United States.
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield Reports that 40% of all Global Office Workers Have Returned to the Office

9/28/2021

New data and forecasts suggest global workforce likely to return by Q1 of 2022

Chicago, IL – Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today reported that 40% of the workforce had returned to the office as of September but predicts the majority will return in early- 2022.  

The new report, “Predicting the Return to the Office”, conducted by Cushman & Wakefield’s global research team analyzes office return data from across the globe, as well as the trajectory of the virus and vaccination rates to predict when a large-scale return to office may occur. The latest research finds that return to the office is directly correlated with high vaccination rates and low infection rates. Researchers also examined additional data, including government restrictions, school openings, and public opinion regarding mass transit, to project realistic return dates for industries operating in the Americas (U.S. and Canada), APAC (Asia-Pacific), and EMEA (Europe) regions. 

“It’s important to remember that pre-pandemic, office buildings were never 100% occupied on any given day; 60% was generally the norm,” said Kevin Thorpe, Chief Economist at Cushman & Wakefield.  “Today, we are at 40% globally, but of course that varies greatly from city to city.  In this study, we attempt to connect all the dots, all the factors that would lead to a stronger return to the office.  Assuming no virus setbacks at this point, we see office buildings and cities reenergizing in early-2022.”            

Current data included in the report suggests that most of the world will achieve herd resiliency—i.e., over 70% either vaccinated or infected—by the second quarter of 2022, and current trends suggest that most office workers globally will be able to return to the office in the first quarter of 2022. Regionally, the return is expected to be led by Greater China, followed by Europe, then the U.S., Canada and finally the Asia Pacific region.

“Most businesses are hoping to get back as soon as possible,” said David Smith, Global Head of Occupier Insights and co-author of the study. “This isn’t a conversation about never going back, it’s a conversation about when can we safely get back to the office because almost all employees and employers have indicated they want to go back – more flexibility, yes, but they want to go back.  And based on surging tour activity, we know demand is there – so it’s not a matter of if office buildings will re-populate but when.  The leading data is pointing to Q1 2022.”    

This paper is the first of a three-part series that examines the return to the office. Part two will examine the net impact on office leasing fundamentals, considering the latest recession-recovery trends and remote working dynamics.   

Read the full report. 


Sobre a Cushman & Wakefield
A Cushman & Wakefield (NYSE: CWK) é uma líder global em serviços imobiliários corporativos que oferece valor excepcional para ocupantes e proprietários. É uma das maiores empresas do setor no mundo, com aproximadamente 53.000 funcionários em 400 escritórios e 60 países. Em 2019, seu faturamento foi de US$8,8 bilhões proveniente de suas principais linhas de serviços como gerenciamento de propriedades, facilities, gestão de projetos, locações, capital markets, avaliação imobiliária e outros serviços. Saiba mais em www.cushmanwakefield.com.br 

 

Cushman & Wakefield Media Contact

Michael Boonshoft New York Communications
Michael Boonshoft

Director, Americas PR & External Communications • New York

 

 

insights

Catch 22
Research • Investimento

Catch 22

Our paper focuses on key drivers of recovery, to ensure you CATCH the potential and opportunities of ‘22.
Dr. Dominic Brown • 12/2/2021
Is working from home dead?
Insights • Escritório

Is working from home dead?

2021 saw a 77% increase on office demand, is a mass return to work driving the change? 
12/2/2021
Amenities Workplace (image)
Insights • Ambiente de Trabalho

Amenities That Matter: What Brings Employees Back to the Office

Delivering amenities and perks that really matter to your employees.
Marissa Huber • 11/22/2021

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.

A Cushman & Wakefield utiliza cookies para analisar o tráfego e melhorar a experiência de navegação do usuário neste website. Feche este diálogo para confirmar o seu consentimento, ou visite esta página para saber mais:
Informações Importantes sobre cookies

Mais opções
Concordar e Fechar