OccupierEdge_Ed4_US_FINAL
A HOP, SKIP OR JUMP AWAY
Importance of rail station < 10 minute walk
53% NORTH AMERICA
75% EMEA
82% APAC
Preferred location
CBD
URBAN CREATIVE 26%
SUBURBAN PARK 24% 15% 22%
40% 32% 56%
19% 15%
CBD locations are preferred across sectors
Creative urban environments are popular with business services and construction and architecture sectors
Industrial TMT occupiers favor suburban business parks
(40% respondents) mainly real estate companies
Urban relocation % Variations in location preference are found in different industry sectors. In EMEA, 67% of financial services firms may move office functions back to urban environments, while 45% of TMT sector fi ms are c nsideri g the same strategy. In North America, the possibility of moving from suburban to urban locations has occurred to 45% of financial services firms and 50% of TMT occupiers, while 67% of life science operators continue to favor suburban areas. 28% IDENTIFY COST AS THE PRIMARY KEY DRIVER Business services 41%
Financial services 56% and this trend has increased year on year. To meet cost targets, companies relocating to urban reas increasingly adopt agile workplace strategies, making better use of more expensive space. TMT 46% Location decisions often illustrate the tensions among different drivers and objectives, as companies seek the right balance of cost reduction, talent access, visibility to customers and flexibility. Most respondents, especially in EMEA and North America, view these conflicting objectives as difficult to reconcile outside of core urban areas, which provide access to talent, offer branding opportunities, and enhance flexibility. Approximately 43% of respondents said their organizations plan to relocate suburban sites to more central locations,
Suburban Business Parks
Creative Urban Environment
Central Urban Districts
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