WILL OFFICES STAY EMPTY?
WILL OFFICES STAY EMPTY?

Will home offices leave offices empty?

A recent Emor study revealed a very interesting trend — 64% of people searching for apartments with at least two bedrooms would like to use one room as a home office.

At first glance, this may seem like a small detail, but it actually reflects a much bigger shift in society and the real estate market.

Just a few years ago, home mainly meant a place to relax and live. Today, a home has simultaneously become:
• a workplace
• a meeting room
• a creative studio
• sometimes even a company headquarters

This is directly changing what people expect from real estate.

More and more young couples are searching for three-room apartments not because they have more children, but because they want one room to function as a home office. People want to separate work from private life and create an environment where they can focus.

But this trend also has another side.

If work is increasingly moving home, what does that mean for the office market?

Will large open-plan offices become less necessary in the future?
Will companies reduce their office space?
Could some of today’s office buildings eventually require completely new purposes?

Already today, hybrid work has become the norm in many industries. In some companies, employees only come to the office a few days a week. Some teams work fully remotely.

This means the real estate market is changing from both directions:
• people want larger homes
• companies may need smaller offices

The question is no longer only where people live.
The question is where people actually work.

Will a large part of today’s office space become obsolete within the next 10 years?