Office Tenants Identify Poor Technology and Inefficient Space Use as Key Challenges

Office Tenants Identify Poor Technology and Inefficient Space Use as Key Challenges
Office Tenants Identify Poor Technology and Inefficient Space Use as Key Challenges

**Office Tenants Cite Poor Technology and Inefficient Space as Key Barriers to Returning Onsite**

Nearly half of office tenants identify poor technical experiences as the primary factor deterring them from working onsite, according to VTS’ second annual Global Workplace Report. This finding comes as in-person collaboration gains momentum, with 59% of companies across North America, Europe, and Australia planning to increase or mandate onsite work over the next year.

“Over the past year, it’s become apparent that the office market is gaining meaningful momentum once again, with demand nationally up over 16% year-over-year,” said Nick Romito, CEO of VTS. “As more workers return to the office and spend more time there, it’s crucial for property managers, landlords, and on-site experience leaders to assess the technology they’re implementing and the overall experience they’re delivering. Tenant expectations have changed dramatically post-pandemic.”

While tenants rank subpar technology as their top concern, property management teams point to inefficient space utilization as a key challenge. Tenants acknowledge this issue as well—79% revealed their current office setups lack the space needed for effective collaboration. Notably, collaboration remains one of the leading reasons companies aim to bring employees back into the office.

As the office market continues to rebound, addressing both the digital and physical workplace experience will be critical for encouraging renewed engagement with corporate office spaces.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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