Companies are beginning to have more space than required for their employees as they migrate to a hybrid work paradigm. Despite the fact that working from home is becoming the new normal, most people still want to have a physical address for their business.
As we settle into this new normal, commercial offices have witnessed distinct variations in demand for office space. With sustainability, smart buildings, and remote, work likely to propel a new face of work, the commercial office sector is swiftly evolving. The global pandemic is still active, with a new strain of the virus known as the “Omicron variant”. Organizations are paying attention to health concerns while keeping a safe and social distance.
Many businesses are reconsidering their physical space requirements, both in the short and long term with a view to maximizing space utilization. Many businesses operate a hybrid model, with flexible work from home options and alternate days of virtual work. Interested clients typically inquire about 200–400 SQM of office space in Grade A buildings.
As a result, these are the top 6 reasons for the increased demand for smaller office spaces.
- many businesses are now operating a hybrid model
- flexible work from home options
- alternate days of virtual work
- Maximizing space utilization
- Physical office presence
- Wellness, leisure and health considerations
If you are looking to move into smaller office spaces in Ikoyi and Victoria Island, contact Fine and Country. We also recommend the Finery Suite for a team of small businesses in a shared office space.
