Research Blast COVID-19 European Office Markets Series, Edition 4 – July 2020

Working from home will accelerate, but we would be cautious on some of the more extreme recent claims on future workplace strategy. We expect occupiers to pay an increasing premium for flexibility, quality of office space and core central locations. This will heighten the polarization with secondary assets and locations. Offices are not expected to suffer the same level of negative capital growth that retail is due to structural shift as the sector is much more adaptable and underpinned by alternative use options.