The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland, November 3, 2021. REUTERS/Arnd WIegmann/File Photo
ZURICH, Dec 8 (Reuters) – Demand for office space is set to rise in the long term as the trend toward digitalising work offsets the pandemic-triggered impact of more people working from home, a study by Swiss bank Credit Suisse (CSGN.S) found.
Its analysis of the Swiss office property market showed supply was outstripping demand during the coronavirus pandemic. The home working trend “is likely to cast its shadow over the office property market for several more quarters,” it said.
But prospects are more upbeat in the long run, it said, based on a study the Swiss government commissioned on what is likely to happen by 2060.
The average proportion of workers in Switzerland carrying out office-based activities rose from 34% to 45% between 2000 and 2019, and should reach 60% by 2060, the study found.
“Over time, this effect should offset the decline in demand caused by home working, resulting in a significant increase in demand for office space in the long term,” it said.Reporting by Michael Shields; Editing by Angus MacSwan
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Ghada Ashour, who grew up in Gaza, becomes fifth scholar selected for FIA’s flagship scholarship initiative Dubai, UAE, 8th December, 2025: The FIA’s United Against Online Abuse (UAOA) Campaign has welcomed Ghada Ashour, a 24-year-old student from Palestine, to its flagship scholarship programme, created to empower the next generation of researchers in the fight against online abuse in sport. Ghada grew up in Gaza where she has been studying remotely until gaining her place on the UAOA scholarship, which brought her to Dublin City University (DCU), Ireland. Becoming the fifth scholar to join the scholarship, she was selected based on her interests in social media, and her strong passion for advancing insights in this area for the benefit of everyone participating in sport. Launched in 2023, the programme offers talented students and young professionals from diverse backgrounds the opportunity to engage in cutting-edge research on the impact, prevalence, and prevention of online abuse in sport with a focus on developing practical solutions. Funded by the FIA Foundation, the UAOA scholars have been selected to undertake invaluable research at DCU based on their project proposals, dedication to achieving positive social change, and their unique perspectives approaching this issue. Ghada’s thesis, which will be printed in English and translated into Arabic, will focus specifically on the …
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