As of 2021, according to 93 percent of real estate industry experts, a lack of understanding about hybrid work models will be the main factor driving uncertainty about office space needs in the United States for the next three years. Other factors driving uncertainty about office space needs include long-duration leases that are challenging to exit, uncertainty about the ability to sublease excess space and a lack of knowledge about how physical distancing may be required in the work space.
Factors driving uncertainty about office space needs in next three years in the United States as of 2022
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PwC, & Urban Land Institute. (November 2, 2021). Factors driving uncertainty about office space needs in next three years in the United States as of 2022 [Graph]. In Statista. Retrieved March 28, 2024, from https://www.statista.com/statistics/1286934/uncertainty-drivers-for-office-space-needs-us/
PwC, und Urban Land Institute. "Factors driving uncertainty about office space needs in next three years in the United States as of 2022." Chart. November 2, 2021. Statista. Accessed March 28, 2024. https://www.statista.com/statistics/1286934/uncertainty-drivers-for-office-space-needs-us/
PwC, Urban Land Institute. (2021). Factors driving uncertainty about office space needs in next three years in the United States as of 2022. Statista. Statista Inc.. Accessed: March 28, 2024. https://www.statista.com/statistics/1286934/uncertainty-drivers-for-office-space-needs-us/
PwC, and Urban Land Institute. "Factors Driving Uncertainty about Office Space Needs in next Three Years in The United States as of 2022." Statista, Statista Inc., 2 Nov 2021, https://www.statista.com/statistics/1286934/uncertainty-drivers-for-office-space-needs-us/
PwC & Urban Land Institute, Factors driving uncertainty about office space needs in next three years in the United States as of 2022 Statista, https://www.statista.com/statistics/1286934/uncertainty-drivers-for-office-space-needs-us/ (last visited March 28, 2024)
Factors driving uncertainty about office space needs in next three years in the United States as of 2022 [Graph], PwC, & Urban Land Institute, November 2, 2021. [Online]. Available: https://www.statista.com/statistics/1286934/uncertainty-drivers-for-office-space-needs-us/