Changing technology and forecasting office space requirements

Abstract

Changes in information technology, demographics and corporate culture are considered when predicting the form, size and location of future offices. Argues that the likelihood of companies adopting more flexible work patterns such as teleworking, hotdesking, etc. and an increasingly distributed office network means that current methodologies used to model future demand using variables, such as rental charges and building costs, might prove to be inappropriate given probable future trends. Proposes that alternative data sets will have to be considered and modelled if forecasts are to reflect these changes.