Practical Facilities Tips, News & Advice.
Of the 776 million square meters of existing office space across 66 markets globally, about half of that space, or 322-425 million square meters, is likely to require substantial investment to remain viable in the near term—an investment of approximately $933 billion-$1.2 trillion in spending. That’s according to JLL’s latest research, “Opportunity Through Obsolescence.” The […]
Remember the days when many team members were in the office? Well, they’re back, and it may come as no surprise they’re not always excited about returning to their old/new workplaces. Almost every day, there’s another headline covering a CEO calling employees back to the office. Even the U.S. Department of Labor ordered its remote […]
Offices are increasingly vacant. According to Moody’s Q2 2024 CRE trend report, office vacancy rates have exceeded 20% this year as businesses reduce their space or leave the office entirely, driven by the continued demand for hybrid work. In response, building owners and facility leaders are under increased pressure to offer enhanced amenities, to help […]
Return-to-office (RTO) mandates have become a hot topic, with major corporations like Amazon Web Services (AWS) and Dell insisting employees work on-site. However, Amazon’s hardline policy on returning to the office or else is being met with resistance, and other companies are considering their options. In a recent Q&A released by the University of Tennessee, Knoxville’s Haslam College of Business, Tim […]
Today’s workplaces are always changing. With decentralized offices, increasing visitor numbers, and constant security worries, facilities managers have their hands full. Manual processes and old-school security systems just can’t keep up, leading to vulnerabilities and bottlenecks. Traditional tools create blind spots in data and security, limit space optimization, and hinder effective resource planning. Thankfully, technological […]
North American tech companies, once the vanguard of workplace innovation, are still catching up to new work patterns. With average peak utilization not exceeding 34% in tech offices, up to $40 million in rent costs are wasted annually on underused space. That’s according to a new report from international design practice Hassell and workplace analytics company Density. The State […]
The pandemic forced us to focus on the health and well-being of our bodies. Now as we look ahead to the future of work, the same focus should also be placed on our environments. While it is an individual pursuit, wellness is significantly influenced by our physical, social, and cultural environments. The Global Wellness Institute […]
Ninety-six percent of organizations are encouraging or mandating on-site work with some regularity, highlighting a significant shift back to physical workplaces, according to new research from Envoy. However, organizational leaders face challenges in measuring success and managing their workspaces. The research found that organizations often lack the data and technology to ensure physical security, optimize […]
Nearly 60% of employees received some form of return-to-office (RTO) mandate in 2023, with the percentage of fully remote employees dropping to 33% last year (from 44% in 2022). Yet, more than half (54%) of employees surveyed in the Appspace 2024 Workplace Experience Trends & Insights Report agree that going to the office “feels like a waste […]
As businesses struggle to navigate the hybrid work era, tech firm Cisco has released a new report detailing how the reality of the in-office experience compares to employee expectations around the globe. The report also explores how employers are investing in artificial intelligence (AI) as a transformative tool for workplace collaboration and productivity. “Making the […]