Public present in corporate buildings grows every quarter
The COVID-19 pandemic has impacted the corporate real estate market like never before. Abruptly, most people were forced to adapt to a new work system, and many offices ended up physically vacant. But as economies recover and vaccinations advance, corporate spaces are once again seeing attendance rates grow compared to levels seen through early 2020.
We selected 49 projects managed by JLL, in São Paulo and Rio de Janeiro, to analyze this evolution. After the frequency of people (among employees, service providers and visitors) in these buildings dropped to 32% compared to pre-pandemic, the same rate has already risen to 66% in the first quarter of 2022. The process of resumption work in corporate offices is clear.
Return is evident in buildings managed by JLL
Adding up all the projects selected for this study, what you can already see is a 66% public presence compared to what there was in the first quarter of 2020.
Primary SP regions recover audience faster
Percentage more affected by the pandemic in terms of frequency, the primary regions recovered the audience faster, surpassing 70% attendance in 1Q2022.
People's frequency in offices grows every quarter
In São Paulo and Rio de Janeiro, data for the first quarter of 2022 confirm the positive outlook for the return to offices.
Hybrid keeps offices as fundamental
Faced with the notorious return of people to corporate buildings, it is clear that the hybrid model is already part of reality and will be the true north for the future of work.
Resumption shows offices denser again
The resumption of work at office is also noticeable when calculating the amount of area occupied by each employee within an office.
Leases follow resumption of work at office
After a gradual recovery in São Paulo and Rio de Janeiro throughout 2021, the year began with new positive indices in the high-end corporate market.