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Covid-19 has introduced many challenges and changes, but perhaps the most noticeable being businesses of all kinds being forced to adapt to new working environments.
Back in March “only 1.7 million people in the UK worked from home prior to the coronavirus pandemic” (business leader) and commuting in and out of cities to an office was a natural daily routine. Since the end of March, this has changed somewhat.
At the peak of the Pandemic in April, “46.6% of people in employment did some work at home.” (ONS 2020) initially, working from home was welcomed by many and labelled a ‘workplace reset’ with many boasting a better work-life balance. However, as the days turned into months and measures were beginning to be lifted throughout the country - many found the novelty quickly wore off.
According to the BBC, “Between 27 July and 9 August, 39% of the workforces of businesses still trading were working remotely” a slight deterioration compared to the few months prior.
During the peak of the pandemic and in recent months, with social distancing and safety measurements in place, we found in our workspaces - a large amount of occupiers craved normality, a chance to leave the house and to be amongst fellow co-workers.
By creating workspaces that have tenants lifestyles in mind, we have kept prices low giving them the best of both worlds - professional and highly sought-after addresses without the extortionate price tag and not to mention their own private space.
Supporting the return to work, our workspaces are both bright and modern, which can aid an employees wellbeing and create a healthier workforce for productivity.
As Cardiff is a vastly populated city that plays host to a variety of sectors, it is in a strong position economically to recover from the pandemic. “According to Expatistan, the cost of living in Cardiff is cheaper than many other major UK cities. It is 38% cheaper than London and 12% cheaper than Edinburgh.” (Savills 2020) meaning the city attracts visitors, residents and businesses.
As millions unemployed as a result of the pandemic have launched prosperous small businesses which have capitalised on issues the pandemic has created, we predict the demand for office space in Cardiff will remain steady in the latter half of 2020, with many businesses prepared for the more challenging situations the global pandemic proposes.