News Release: Office occupancy rates in the UK hit the highest levels since the pandemic 

• Average office occupancy levels reached 35.9%

UK office occupancy levels have hit the highest weekly figure since the start of the pandemic, according to the latest data released by Remit Consulting. 

Last week (week ending 8 March 2024), average office occupancy levels reached 35.9%, an increase of 3.8 percentage points on the previous week. 

Lorna Landells of Remit Consulting commented, “The fact that the weekly average occupancy rates reached the highest level since the end of the national lock down is welcome news for the office market. The fact that this figure reflects of a strong performance in regional cities across the country is very positive. 

“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 & beverage operators,” she added. 

The Return Report acts as a barometer for office occupancy trends and employee sentiment as the UK adapts to the post-pandemic ‘new normal’. Research carried out before the pandemic, suggested office occupancy rates ranged between 60% and 80%, influenced by elements such as holidays, employee absences, and external meetings.