“ The current landscape in corporate real estate across the majority of markets continues to be that of uncertainty ”
— James Lewis , Managing Director , Africa & Middle East , Knight Frank in business conditions as evidenced by an increase from 50.9 in August to 51.5 in September of the seasonally adjusted IHS Markit Dubai Purchasing Managers ’ Index ( PMI ). A reading above 50 indicates expansion . The office sector is likewise expected to improve in the quarters ahead as companies return to full capacity in 2021 .
RD : The current corporate real estate landscape is challenging owners and occupiers in unimaginable ways . As a result , organisations have a dilemma on their hands . Workplaces are close to empty and there ’ s too much costly unused office space going to waste : many offices are reporting 50 % less desk space as a result of social distancing rules . Despite promising news of an effective vaccine , it is not yet approved , and even when experts predict it may take many months before we can expect social distancing to become a thing of the past . And so occupancy levels will be reduced for sometime .
As a result of strict quarantine measures and lockdowns around the world , organisations have been granted time to take a step back and to assess how demic even when it is time to return to the office . Workplace technology exists to help provide comfort and assurances . There are solutions in the market that offer the ability to sense and learn when and where spaces are in use in order to keep them clean and compliant . Occupancy-based data can ensure
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