Return-To-Office Mandates Now Cover Nearly 2 Million Workers. Occupancy Has Barely Budged

2023 is officially the year of the return-to-office mandate, with 2 million workers already under a new in-person work requirement and another 1 million expected to be in the coming months. 

The jury is still out on whether it will also be the year office workers actually return to their desks in force. The mandates that have taken effect so far, including from some of the country's biggest employers, have had minimal effect on actual office usage, tracking data shows.

“There’s still a disconnect with the way that organizations have sentiment towards return to office and what their expectations are versus what employees are really, actually doing,” CBRE Global Head of Occupier Thought Leadership Julie Whelan said in an interview last week.Since January, 1.7 million employees have…

Read the full story here.

Share:

London’s Biggest Office Owner Uses Its HQ As An AI Guinea Pig

The world of science usually frowns on doctors experimenting on themselves. But when it comes to real estate’s battle to cut its carbon emissions, one big REIT is using itself as a test bed to see what artificial intelligence can do to beat the climate crisis. 

Landsec, London’s biggest office owner and the UK’s second-largest REIT, is putting the use of AI under the microscope to see if it can be used to help the building use less energy while saving carbon and money.

If the experiment at its 50K SF headquarters in Victoria Street, London, proves a success, Landsec is considering rolling it out across its portfolio, which totals £10.2B, just over £6B of which is in central London.

“The beauty of AI is that everything is automated [and] based on internal and external factors, and that means we can take decisions and undertake actions far more efficiently,” Landsec Senior Energy Manager Andy Mazzucchelli told Bisnow. “A person would have to analyse the data, spot an opportunity, discuss that internally,…

Read the full story here.

Share: