European OfficeOccupier SentimentSurvey 2024
REPORT
Shapingthe initiativesof tomorrow
CHRE RESEARCHJULY2024
Introduction
Cffire orcll: ar* farw # cn"plex agendx rof atar, ar worrarrres rnrrset'ra. :ior't as.
–––––Manag ing new and st Il vclelng patterns of cffce attendanc.In' plenisritirig ccst aric otticioney 'irir>: oveinonts t a 9orttolio lgvelIdentifying thn: adlvantagcs and disarlvantagos of nxisting knscs and key criteria for locat'onal decisionsOptirising the use of flex spaceRef'nin stralegius koi cigi.a tcchriclogy und sustai"abilitv
A I cf these 'squlre dletalled asaersment of plontles and =rade-cffs snd, Icrsasingly, rigorcus governgrrce and dsta. CBRE's Eurcoan1Oftice Cccupier Sentinien: Survey 202h ce nvassed the vievs o* cover 120 cornipanies on a re nge cf topics including:
02
04
01
03-
n0..1.121 JG
Pcr. [o liJOIES .!dC
Rel.urr1 I.)the Crlice
Technclogyard Suslairabil -y
Over tr2 pest year. affcrts to bri'g employees back to the office have met wrth som= succass, and Ltil setian levela a'e rising.However, theie is still a rotontial risriatch butweeri the exi pe nies aric thicsu of eniployues as blisi"ssses look toInciease attendance further.
Cc-mpanies =re looking tc further r=duc the size cf their cc/tfolics anc are closely exam'ning leas= fe=turas =nd prior'tis'ng buildingqug ily. Acuessibililv, annenily, and susloinebilily urc lop-of-minl faclcrs Icr Iccelicn onl builing seleclion. As doudl'nes Icr nul zuic
Assessinents ct workplec6 stectiveness le hanipeied by lir-ited ineasursrnent. Aric althcusih speciti: technolcgies are be nsl ceployexlto suippnit workplace pexperlence coherent dle tal st 'ategles are still rare. Desplte pnsitive stapa fonvardl, taere Is still a Int tc: he rdcne.
Key Findings
O1 Return ta the Officeandthe FutureWha: level n'ofiae attendanne are nccupiers seeing, whst are theyaiminc fcr, and anw c.a they intenc to get there?
02 Portfolio OptimisatianSnlving fcr scsle, losation, and flexibility
O3 The workplace of Tomorrow5 tlhe wnrkplsaae fit "or purpcse and, if not, what neec:a tn he dnne?
Q4 Technologyand SustainabilityA view shead
o5 KeyRecommendatians
01
Return to the Officeand the Future
What level of office attendance are occupiers seeing, what are they aiming for.and how do they intend to get there?
Office attendance is rising
Over te pas: vear. efforts o bring employees back to the oiticehave met witn some slrrass. 1le F'npnrtion cf rnmpa niesroporing avcragc bulding utllsat on of 41-6o% has Iisen to 47%,[rurn 3s% lasl voar, lo bccc'ric Lhe dominanl pusilion. his raiscsthe proporcion of colllpan'as w'th utilisation of 1-8oss up to 61%,ccmpared with ees than half last year.
61%
SH. 1. : II' :ct -8c%. p trom48* whe2 otlodfleve in 2023
The prcprit an of cc npsnies reporting lower utilisatic. has fa len.Only a thirc of oompanics src rcpxoitirg Ltl isstion of 40% or xelow.curripaiccd wilh 48% lasl year.
33%
L=rge cornp nies ct 5,ooo employees or more =pper tc beachiving mcre success, with near v tvo-hirds reporting utilisationcf 47%. or higher. 1his is: likely the res.ult n= hnth organic. nrncesa andIcrcasod us of pclic manclatos (sce oag 8).
Stxirg J.il w:l sr'rom last. yesr
Solving for peak days
Average attenclance is s usei.I metric, but pesk utilisaticr canprcsont d iffcron challengcs., Trrrcc