Success Spaces: these are the companies which take up the most land mass
While some businesses have made the decision to downsize their offices and studios during the pandemic, others have taken the opportunity to expand their footprint and build a bigger space for their employees to enjoy.
With companies including Microsoft, Apple, and Alphabet operating with a market capital of over 1,500 billion U.S dollars, these companies, in fact, hold bigger financial power than countries such as Australia, Spain and the Netherlands.
We wanted to find out more about how these companies fare against existing countries, specifically when we take into account their physical presence and how much square footage on the Earth they control. Below, we’ve calculated how much of the Earth’s space the world’s largest companies take up.
Walmart controls more land than Apple and Amazon combined
Despite experiencing a crash during the pandemic, the world’s biggest companies have seen a strong recovery and many have continued to expand their office spaces, retail stores and factories. While some have reduced their global footprint as employees shift to remote working, others have taken the decision to expand their building space.
With Microsoft holding enough land to fill Monaco twice over, and Walmart able to cover half of Wales, these companies hold a significant amount of space across the globe. We are predicting this growth to continue as companies like Amazon and Apple continue to expand and invest in additional property.
We also worked out the market capitalisation per square foot of each of the most successful companies to work out which business holds the most value in space.
The results showed Taiwan Semiconductor is the most successful company by market capitalisation per square foot, with approximately $713,683 per unit. In second place is NVIDIA, with 58 offices, where the company boasts $555,170 per square foot.
At the other end of the spectrum are LVMH and Walmart. LVMH is in 16th place and Walmart is in last, with over 1.1 billion square feet of land, and a market capitalisation of £355 per sq ft.
Author:
BizSpace
BizSpace is the UK’s leading provider of regional flexible workspace. For over 20 years we have been providing offices, studio space, industrial units, workshops, warehouses and storage facilities to a wide range of businesses in convenient regional locations across the country. We are owned by Sirius Real Estate, a commercial property operator, that is supporting us on a journey of significant growth.
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