Thank you for that excellent question.
This is a very dynamic area for all organizations to figure out what kind of office portfolio is needed for the future.
We are renewing our 10-year plan for offices and taking into account the new hybrid work model. It obviously reduces the overall requirement for office space, which is being taken into account in the decisions we make on lease renewals and what buildings in the Crown-owned portfolio we will retain versus dispose of. Obviously we see an opportunity for a fairly significant reduction of office space in the coming years.
There were opportunities even before the pandemic because we weren't using them optimally. Add on to that the hybrid work models and we see a significant opportunity to consolidate office space and at the same time pursue greening, accessibility and some of the others, in order to have a smaller footprint but be more built for purpose. That project is continuing, with every department specifying their future needs.