January 31, 2024

Analysts predict prevailing patterns in work and shopping to continue, though rumblings of the “death of the office” likely overstated Results of the recent quarterly commercial property survey by the Royal Institution of Chartered Surveyors (RICS) show a shift in demand towards industrial space and away from traditional office spaces and retail. This trend is buoyed by a boom in online shopping accelerated by the pandemic. Although the British government is ramping up the COVID-19 vaccination programme, restrictions are expected to stay put for the coming months. This means the prevailing patterns in work and shopping will likely remain for