Login

Far Fewer Global CEOs Expect to Reduce Office Space Than Last Year, KPMG Survey Finds

Sharp Drop in Planned Cuts From August Poll Offers Hope for Commercial Real Estate Owners
A return to the office might be sooner than you think. More CEOs are reconsidering reducing their office needs. (iStock)
A return to the office might be sooner than you think. More CEOs are reconsidering reducing their office needs. (iStock)
By Jennifer Waters
CoStar News
March 24, 2021 | 8:14 P.M.

In a sign that expectations of a permanent work-from-home culture may be overstated, a fresh KPMG survey of top CEOs worldwide found a mere 17% plan to shrink their overall offices, an abrupt drop from the nearly 70% talking about it in August.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In