Before the Covid-19 pandemic, the office market experienced a significant rise, from 2018 to 2020. An annual growth of 6.3% was recorded in class A offices, but the arrival of the contingency marked the measures with which to act to avoid contagion and with it, the implementation of remote work.

A little over a year after the start of the health crisis, the second quarter of 2021 closed with a gross demand slightly lower than the previous quarter; However, it was 10% higher than that registered in the same period of 2020; regarding the supply of offices nationwide, this was just over 100 thousand square meters, of which, 80% were concentrated in Mexico City and Guadalajara, according to the Solili platform.

Of interest: Coworking a key piece in the recovery of office emerging markets

The experts from the Project Management and Development Division of JLL Mexico pointed out that the future of the offices lies in technology, which will play a fundamental role in generating flexible spaces in which employees can feel comfortable to develop their functions, in addition to being this a favorable scenario for him to modify the spaces for the benefit of the employees, and the needs of each company.

"It is necessary to adopt the hybrid model and reconfigure their office spaces where decisions must be made based on the specific needs of each company, evaluating the specific numbers, prioritizing the well-being of employees and the financial health of the company" pointed out the Division of Administration of Projects and Developments of JLL Mexico.

Query: Solili Offices Report 2Q 2021: Gross demand is 10% higher than the previous year.

Original Note