Published: 10 August 2023
Organizations are updating real estate portfolios to reflect employee preferences since COVID-19. This data provides insight for corporate real estate leaders to understand common priorities of peers, changes to portfolio budgets, and trends in technology adoption and workplace transformation.
Over 40% of organizations are reconfiguring space to be denser. Together with a reduction in individual workstations, offices are adding more collaboration spaces to better align with employee work preferences.
Thirty-three percent of respondents are reviewing space utilization metrics at least weekly, demonstrating the importance of tracking dwell times to inform future space management decisions and increasing technology adoption in real estate functions.
More than a quarter of organizations believe they don’t have the right technology solutions in place to inform their workplace strategy or to support effective employee experience.
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