Hot Desking Is the Next Threat to Office Market, Morgan Stanley Says
- Widespread adoption seen hitting demand for floorspace
- Hot desking most prevalant in UK, bank’s survey suggests
A casual approach to desk allocation at work poses a risk to the market for office buildings, according to analysts at Morgan Stanley.
“Along with work from home, hot desking is one of the most structurally damaging headwinds facing the office market,” Sebastian Isola and colleagues wrote in a note to clients.