Homeoffice - More and More Companies Are Reducing Office Space

More and more companies in Germany are reducing their office space.

The trend goes to the home office: one in four companies in Germany has more office space than it needs, often it is reduced. This is likely to have long consequences.

More than a quarter of companies in Germany, 26.3%, consider their own office space to be insufficiently used. More and more companies are therefore reducing their office space. 10.3% have already done so, 12.5% are planning to reduce over the next five years. "Compared to our last survey, the trend towards reduction has increased. A major reason for this is the underutilization of office space due to home office, says ifo researcher Simon Kraus…

BERLIN. More than one in four companies in Germany considers their own office space to be insufficiently used - especially due to the trend towards home office.

According to Ifo-Institut, the office space is not sufficiently used for a good 26% of companies in Germany, which is why more and more companies are shrinking their offices.