Technology giant Microsoft is the latest multinational conglomerate, and it will embrace working from home forever, which aroused the interest of business owners in major structural changes in the office environment.
With the negative net absorption of the office market approaching -200,000 square meters in the third quarter, a recent analysis of multi-residential projects shows that developers have the opportunity to meet the severe demand gap.
Research by the non-profit organization Ignite ABP Network, the University of Melbourne alumni organization, shows that developers should consider creating dedicated collaborative workspaces in their projects. Jones Lang LaSalle’s research shows that the supply of subletting in the Melbourne CBD has increased dramatically.
As companies continue to evaluate employee expectations for the next 12 to 18 months, five of the six monitored office markets are in urgent need of recovery.
https://theurbandeveloper.com/articles/working-from-home-will-reshape-apartment-projects