Regardless of the corona-induced trend toward working at home, the office will not disappear from everyday working life in germany in the foreseeable future.
While companies have leased far fewer new offices since the spring than they did before the pandemic, there has been no flat-lining trend in the cancellation of office leases. Economists, brokers and business consultants do assume that corona will have a long-term impact on everyday working life – but what form this could take is not yet clear.
In the second and third quarters, german companies leased only half as much new office space in each of the top seven cities as the long-term average, according to market data from savills, a major international brokerage firm. Instead of one million, only half a million square meters were newly leased per quarter. "The only exception is the public sector," says matthias pink, head of market observation at the british company’s german subsidiary.