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Return-to Office, a $1.3 trillion problem: What it looks like globally

  • Return to office (RTO) post-pandemic is happening at different paces globally, with Asia and Europe ahead due to varying COVID-19 responses and workplace norms.
  • Regional factors like culture, transportation, home office setups, and industry types are influencing RTO rates. Some European countries are implementing flexible work laws.
  • Commercial real estate markets are facing potential losses of up to $1.3 trillion by 2030, reshaping how offices are used and valued.
  • Legislative efforts, such as the "right to disconnect," are changing the work landscape, but asynchronous work and digital nomads are also altering traditional office dynamics.

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