Demand for Office Space Set to Rise in Long Term: Credit Suisse

Demand for Office Space Set to Rise in Long Term: Credit Suisse
A Credit Suisse sign is seen on the exterior of their Americas headquarters in the Manhattan borough of New York City, on Sept. 1, 2015. Mike Segar/Reuters
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ZURICH—Demand for office space is set to rise in the long term as the trend toward digitalising work offsets the pandemic-triggered impact of more people working from home, a study by Swiss bank Credit Suisse found.

Its analysis of the Swiss office property market showed supply was outstripping demand during the coronavirus pandemic. The home working trend “is likely to cast its shadow over the office property market for several more quarters,” it said.