AEW Monthly Research Report - March 2021

During the Covid-19 lockdowns, the share of office employees working sometime or usually from home (WFH) more than doubled from 28% in 2018 to 67% in July 2020 across the EU 27 region. To measure the possible impact from WFH we develop a data driven market resilience ranking measures across our 25 office markets using five key variables.

First of all, our resilience ranking starts with our assumption that, post lockdowns, WFH will return to normal levels but continue its long term upward trend. This is the basis for our estimate that 37% of office workers will WFH sometimes or usually by 2024 across the EU-27 region.

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