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Key takeaways:
• The great hybrid work experiment is beginning, with most companies (58%) saying they will implement a hybrid model of work.
• In this experiment, flexible office spaces are expected to make up about 6% of future total office space in the market.
• Office vacancy is predicted to increase by another 5.7% over the next few years, a forecast that is holding steady from our June 2020 report.
• When making decisions on office space, employers rank employee productivity, culture, and collaboration as more important than operational savings.