“We're now at that tipping point where occupiers have got the choice of going into the best-in-class product but in less core markets, or looking at slightly downgrading their aspirations but staying in the core,” Crotty said. It’s the latter that “they see as absolutely imperative for staff retention, attraction, and getting their employees back to work.”

Listen here or the full discussion, including a handpicked selection from the experts of the world’s leading office precincts.

Van Raay and Crotty are joined by Tim Ogilvie, executive vice president, brokerage, San Francisco Bay Area; James Montague, head of office leasing in Queensland, Australia; Katie Rodrigues, managing director of consulting, JLL Work Dynamics; and Sonya Alexander, head of workplace strategy consulting, APAC.