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Office Occupancy Hits 50% Of Pre-Pandemic Levels – Kastle Systems

US
  • Kastle Systems 10-city US office index hit 50.4% last week, the first time its composite measure exceeded 50% of pre-pandemic levels.
  • All ten cities tracked reached levels of 40% or above, also for the first time since the pandemic, although was very close through late 2022.
  • The measure is based on average weekly access-card activity at buildings with Kastle security systems.

Kastle Systems office occupancy rate vs pre-pandemic levelsSource: Bloomberg

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