{"id":2232,"date":"2021-11-02T11:13:48","date_gmt":"2021-11-02T11:13:48","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=2232"},"modified":"2024-02-06T10:57:24","modified_gmt":"2024-02-06T10:57:24","slug":"nareim-survey-return-to-office-plan-for-2022","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/nareim-survey-return-to-office-plan-for-2022\/","title":{"rendered":"NAREIM Survey: Return-to-Office Plan for 2022"},"content":{"rendered":"<p><strong>Real estate investment managers overwhelmingly expect staffs to be back in the office early in 2022, according to a survey by an industry trade group.<\/strong><\/p>\n<p>The study by the <a href=\"https:\/\/www.nareim.org\/\">National Association of Real Estate Investment Managers<\/a> (NAREIM) found that almost half of the managers surveyed (47%) already have mandates that have returned most employees back to the office, while the same number of managers (47%) say that they will push for staff to return to the office after New Year\u2019s Day.<\/p>\n<p>Just under half (49%) of management firms require employees to be vaccinated against COVID-19. The rest didn\u2019t require vaccines, but 14% were asking for proof of vaccination or routine testing to enter the office.<\/p>\n<p>\u201cAs the industry\u2014and world\u2014begins to return more fully to travel, offices and not working remotely full time, we are faced with myriad human capital opportunities and challenges,\u201d said Zoe Hughes, chief executive of NAREIM. \u201cVirtual is amazing, but it\u2019s not in-person. We are human beings who crave social interaction, face-to-face. And as we start returning more fully\u2014whether to work or meetings or travel\u2014there is a balance to be achieved.\u201d<\/p>\n<p><strong>The survey polled several other workplace hot-button issues:<\/strong><\/p>\n<ul>\n<li>On flex work, one-third of managers expect a<a href=\"https:\/\/www.yardimatrix.com\/blog\/emerging-trends-in-commercial-real-estate-investing-in-2022\/\"><strong> 3-2 strategy<\/strong><\/a> (three days in the office, two days at home) over the long term, while one-quarter said the long-term policy was expected to be a full, five-days-a-week return to the office.<\/li>\n<li>Companies see a challenge in onboarding new workers, particularly junior talent, while remote. Some plan to require a month of in-office training for new associates and analysts.<\/li>\n<li>Companies will increasingly focus on wellness as a retention tool. That involves training managers and \u201cfireside chats\u201d to help spread skills focusing on employee physical, emotional, financial and social well-being.<\/li>\n<li>More than three-quarters (76%) of the NAREIM members surveyed expect headcount to increase in 2021, a testament to the industry\u2019s strong growth and rising assets under management. Last year, 42% of firms experienced flat or declining headcount.<\/li>\n<\/ul>\n<p>Hughes noted that three days in the office, two days at home is likely going to be the longer-term flex schedule for many real estate investment management firms, not least in 2022.<\/p>\n<p>\u201cThat schedule is transformative for so many people, particularly those with young and school-age children and those caring for family members,\u201d she said. \u201cBut for some it\u2019s also a challenge\u2014including new, junior talent, who thrive and learn when surrounded by their more experienced colleagues. Unfortunately, there is no right answer to this. No one solution. It\u2019s a simple case of trial and error and finding the best compromises for your employees. The key through it all, though, as was discussed at NAREIM\u2019s Talent Management meeting, is to communicate and engage.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate investment managers overwhelmingly expect staffs to be back in the office early in 2022, according to a survey by an industry trade group. The study by the National Association of Real Estate Investment Managers (NAREIM) found that almost half of the managers surveyed (47%) already have mandates that have returned most employees back [&hellip;]<\/p>\n","protected":false},"author":463,"featured_media":2236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[248,23],"tags":[],"class_list":["post-2232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commentary","category-studies-and-guides"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NAREIM Survey: Return-to-Office Plan for 2022 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Real estate investment managers overwhelmingly expect staffs to be back in the office early in 2022, according to a survey by an industry trade group.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardimatrix.com\/blog\/nareim-survey-return-to-office-plan-for-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NAREIM Survey: Return-to-Office Plan for 2022\" \/>\n<meta property=\"og:description\" content=\"Real estate investment managers overwhelmingly expect staffs to be back in the office early in 2022, according to a survey by an industry trade group.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/nareim-survey-return-to-office-plan-for-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-02T11:13:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-06T10:57:24+00:00\" \/>\n<meta name=\"author\" content=\"Paul Fiorilla\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2021\/11\/charles-forerunner-3fPXt37X6UQ-unsplash-e1635851594919.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Paul Fiorilla\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NAREIM Survey: Return-to-Office Plan for 2022 - 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Before that, he covered real estate capital markets and CMBS at Commercial Mortgage Alert.","url":"https:\/\/www.yardimatrix.com\/blog\/author\/paul-fiorilla\/"}]}},"jetpack_featured_media_url":"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2021\/11\/charles-forerunner-3fPXt37X6UQ-unsplash-e1635851594919.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/posts\/2232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/users\/463"}],"replies":[{"embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/comments?post=2232"}],"version-history":[{"count":4,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/posts\/2232\/revisions"}],"predecessor-version":[{"id":2238,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/posts\/2232\/revisions\/2238"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/media\/2236"}],"wp:attachment":[{"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/media?parent=2232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/categories?post=2232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/tags?post=2232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}