Covid-19 may see businesses shed office space

The video discusses the gradual increase in market activity following government announcements about easing lockdowns. It highlights the impact of remote work on commercial property needs, with businesses re-evaluating their office space requirements. The discussion also covers economic implications, such as changes in supply and demand, and potential shifts in property costs and lease terms.

What factors contributed to the initial slow pickup in activity after the lockdown?

How has the pandemic changed the way businesses think about their office space?

What are some potential changes in tenant behavior regarding office space post-lockdown?

What implications does the increase in supply of office space have on the market?

In what ways might landlords need to adapt to the changing demands of tenants?