The advent of the COVID-19 has changed rapidly the way Sydney offices are operating.
Hundreds of thousands of workers are now working remotely from home. Whilst this has affected the operation of many businesses, it also poses a question:
How much of the work force actually needs to be in the office for a business to operate effectively in a normal climate?
The answer will vary from company to company, and clear data probably won’t be available until the COVID pandemic has dissipated
However, it’s something that must be considered.
Less Office Space Needed?
It’s quite possible that after this pandemic dissipates, companies will discover that they don’t actually need as much office space as they had, or still have.
In the past (and present), there has been plenty of research to suggest that people working in agile workspaces or from home, can be more efficient.
For instance, some studies suggest that remote workers end up doing three weeks more work than those in the office.
When the numbers are crunched post-COVID-19, it may turn out that more staff working remotely is a desirable result for many businesses.
With the advent of better remote technology, stronger broadband connections and more applications to help us integrate with co-workers, remote working is easier than ever.
It’s best to try and see these struggles in a positive way, and as an opportunity to assess your needs when it comes to office space. To work out the best strategy for your company, get in touch with Niche Tenant Advisory.
Hire Niche Tenant Advisory to Help You Moving Forward
If you decide to downsize and reduce the amount of office space that your business uses, we’re the ones to help.
At Niche Tenant Advisory, we have a wealth of experience and knowledge in renegotiating and surrendering commercial leases in Sydney.
When we’re involved, we’ll work as hard as we can to get the best result for your business. Ideally, that means a financial saving, as well as less stress and time spent by you.
To discuss a Sydney commercial lease renegotiation or surrender, get in touch with Niche Tenant Advisory here.
