Regional office markets October 2020

2020 has been a year of disruptive changes that is challenging entire industries, businesses worldwide, and office markets. During the summer, some companies returned to their offices in various configurations. Some firms had their employees working in shifts, while some allowed only part of their staff to return to the office. Now, with the sharp increase in new COVID-19 cases, many firms are switching back to remote work. They have made such a decision in order to ensure the safety of their employees while maintaining business continuity. Moreover, for financial reasons, necessary to sustain business performance, some companies have decided to sublease part of their offices.