The future of the corporate office? Emerging trends in the post-Covid city

Author:

Fiorentino Stefania1ORCID,Livingstone Nicola2ORCID,McAllister Pat3ORCID,Cooke Howard3ORCID

Affiliation:

1. Department of Land Economy, University of Cambridge , Cambridge , UK

2. Bartlett School of Planning, University College London , London , UK

3. Henley Business School, University of Reading , Reading , UK

Abstract

Abstract Part of an ongoing longitudinal study, this article provides evidence on the emerging impacts of Covid-19 on the demand for, configuration and role of offices in cities, drawing on primary data from semi-structured interviews with UK-based corporate real estate managers. The research is grounded on a ‘theory of change’ framework combining real estate, institutional economics and economic geography literature. Our findings confirm an acceleration towards hybrid working patterns. While some changes in the current use of offices may be temporary or more dynamic, other adjustments may be permanent (for example working from home, portfolio rationalisations) and trigger structural changes across cities.

Publisher

Oxford University Press (OUP)

Subject

Economics and Econometrics,Sociology and Political Science,Geography, Planning and Development

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