COVID-19’s impact on the office sector in Australia is particularly evident, with the pandemic and subsequent recession accelerating the structural changes shaping the future of the sector.
One such impact is the accelerated trend towards working from home, or more flexible working arrangements. While companies are expected to retain ‘flagship’ central/CBD locations and physical spaces where innovation and culture can thrive, formalised flexible working arrangements are expected to become more commonplace.
We have assessed how this acceleration will shape the office sector moving forward, as well as its implications for both the tenant and the landlord.
