Office occupancy reaches post-pandemic high

UK office occupancy levels have hit the highest weekly average since the start of the pandemic, according to the latest data from Remit Consulting. Last week, average office occupancy levels reached 35.9%, increasing by 3.8 percentage points on the previous week. Lorna Landells of Remit Consulting said the figure was “welcome news for the office market”. “The fact that this figure reflects a strong performance in regional cities across the country is very positive,” she added. “This is a significant improvement that will be seen as good news by investors, landlords and those businesses reliant on trade from office workers such as retailers and food and beverage operators.” Research carried out before the pandemic showed office occupancy rates ranged between 60% and 80%, influenced by elements such as holidays, employee absences and external meetings. Photo by Rex/Shutterstock