Nearly a third of real estate investors in Asia say they will invest in offices, according to a recent survey reported by CNBC.

More than half of the respondents in Sydney and Melbourne said they like offices as an investment opportunity this year, along with 42% of Singapore’s survey respondents, according to property investment firm Colliers International’s Global Capital Markets 2021 Investor Outlook.

Terence Tang, a managing director at Colliers said it may be “premature” to write off offices.

“There is growing confidence that this asset class is still very relevant,” he said, adding that for many in the region, working from home for the long term may not be ideal.

“Especially in Asia where the homes are smaller, when you have a husband and wife in an apartment, and they’re trying to talk on their laptops … it’s not as conducive and they can’t focus,” he said.