Asia Market Research

Is the office facing extinction?

While COVID-19 has acted as a catalyst in the acceleration of vital megatrends, the enduring appeal and resilience of the office model has been evident in markets that are in the recovery phase post COVID-19.

Over the coming weeks and months, more corporates will re-enter the office, following government policy and protocols where focus on the health and well-being of employees will be vital.

We examine three distinct phases that will emerge for occupiers when activating commercial real estate amidst lockdown relaxations.

Are we overestimating the impact of COVID-19 on Asia Pacific real estate?

Is the office facing extinction?

While COVID-19 has acted as a catalyst in the acceleration of vital megatrends, the enduring appeal and resilience of the office model has been evident in markets that are in the recovery phase post COVID-19.

Over the coming weeks and months, more corporates will re-enter the office, following government policy and protocols where focus on the health and well-being of employees will be vital.

We examine three distinct phases that will emerge for occupiers when activating commercial real estate amidst lockdown relaxations.
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This report was provided by JLL Vietnam. For more information on JLL Vietnam, visit their website at: www.joneslanglasalle.com.vn

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