How Will COVID-19 Affect The Office Market?

US social media giant Pinterest withdrew from its new San Francisco office project in August, despite the decision costing them 90 million dollars. This strategic move is a reflection of how working life has dispersed into homes and other remote locations this year. Flexible office solutions, for example, companies providing coworking spaces, are in demand.

On the other hand, Facebook leased nearly 70,000 square meters of office space in Manhattan in August with the intention of turning New York's former main post office into a huge open-plan office. It is clear that there will still be demand for office space as long as the location is right.

Companies in Finland are also having to think about what kind of spaces employees will need in the future. As working from home becomes the norm, offices will increasingly become meeting places. Health and safety concerns have increased the desire for offices to be spacious, but the long-term trend of the decrease in the