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Will Covid-19 slow the trend towards urbanisation?
"We could see higher demand for office space that is both regional, and flexible."
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"We could see higher demand for office space that is both regional, and flexible."
"Office rents saw continued growth in Q1/2020 and vacancy rates remain extremely tight. That said, this trend will likely end, or at least pause, due to the fallout from COVID-19. Airtight vacancy and advance notice equirements for relocation should, however, serve as a buffer until later this year."
"In less than a month, the property market disruption caused by the Covid-19 pandemic has reached almost every corner of the globe."
"Grade A rents slump by 5.2% in Q1 Grade A office rents plunged by 5.2% over Q1/2020, the worst quarterly performance since the 2008/2009 financial crisis, with the average vacancy rate rising to over 5%."
"Global transaction volumes falling, but occupier terms favourable"
"Beginning Friday March 20, 2020, Manhattan entered a period of shutdown and isolation unlike anything experienced before. "
"Atlanta sees availability increase ahead of COVID-19 impact"
"This experience has taught us, on the one hand, that the commitment to invest in digitalisation has provided in part a competitive advantage in the business network, and, on the other hand, the importance of the relationship with coworkers."
"Learn more about the impact of COVID-19 on flex office plans."