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HSBC holdings PLC, hundreds of millions of additional real estate expenses, when they want employees to return to the office, potentially prevent the bank from the bank to find $ 1.5 billion.
The Executive Director Georges Elhedery will have to make a number of decisions to get more desktops for lender in London, Bangalore, Hyderabad and Guangzhou in the coming weeks. In these cities, it said that a person will cost about $ 200 a year in a year to support three days a week.
He refused to comment on a representative for HSBC.
For the largest organizational control HSBC driver in the last few months, he will be the next important issue for the Office Space question to solve the problem of the Office Space, the Pandemic period will be the decisive issue because the hybrid work policy prepares the hybrid work policy. London-based banking giant In view of the He asks all employees to work from one of their offices for at least three days a week.
More than 10% of potential extra costs, the HSBC has been saved from the ongoing global reconstruction and the United States, Britain and Continental Europe and connect their units and capital to the underwriting sections and connect their underwriting sections and closes their units and capital.
Expansion of office prints are several years targeted by HSBC shrink Its global real estate portfolio is 40%. Former CEO Noel Quinn even gave more hybrid operations than the private office and preferred the hot table on the floor of the London headquarters, the bank’s execution floor in the London headquarters.
The largest financial group in Europe is a potential 7,700 table shortages in London. There should be formed to the difficulty of finding more space for employees in India and China.
The three days of the cards should be found in Indian, Bangalore, in India, which works near about 12,500, in India, in its global services and technological units.
On top of that, the southern Indian city of Hyderabad will need another 3,500 tables in the city of Hyderabad, where 12,000 workers have been working and supporting the bank for global operations. More than 3,000 table failure, the bank is also projected in South China Port City, the city of Guangzhou, a city of South China, where the bank works in similar roles.
Inability to achieve additional power, the return-office mandate of the HSBC can be dead in the arrival, thousands of staff means that the banks cannot find a table area.
In London, HSBC will begin to leave the headquarters of Canary Wharf next year and move to a smaller building in the city. If the bank does not increase the office, the staff, which is based on London, intended that people who are familiar with the situation could not find a table for more than one day for more than one day.
To draw, the bank is negotiating to rent several floors near the current headquarters and gave a suggestion to take all empty spaces 40 Bank StreetBloomberg news declare this month. He also thinks that some satellite offices planned to refuse.
In India, in the beginning of 2027 in the HSBC, the new offices are ready for the staff, but signature deals will have to start until September, and in China can be leased for more space.
Shortly, Elfedyy and his management group stressed that the bank needs a new return-office strategy to start engaging in potential capacity problems.
After the pandemic after the pandemic after the pandemic, after the pandemic after the pandemic after the pandemic, the opponents are found until the opponents who want to measure real estate after the pandemic. However, they will also compete with the density of a supplied supply with increased construction costs and higher interest rates by careful developers.