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Strategic investment, innovative technology, and collaboration are essential for achieving sustainability and value goals in the realestate sector, according to a new report from Colliers. As regulations become stricter, realestate professionals must adopt more sustainable practices to remain competitive.
With expertise in social research, workplace innovation, and realestate strategy, Melissa shares compelling insights on why companies should rethink office design, how cities are transforming, and what truly makes a workspace desirable. The unexpected role of e-bikes, urban planning, and commuting in the future of work.
The landscape of corporate realestate investing has changed drastically in recent years. After emerging on the other side of a global pandemic, companies everywhere have been forced to reevaluate what is considered a sound realestate investment. We’ll then magnify the lens to corporate realestate specifically.
Commercial realestate occupiers are willing to put their money where the tech is, according to new polling from JLL’s 2023 Global RealEstateTechnology Survey. In fact, realestate tech budgets are set to grow faster than investments in?
Ryan Anderson of MillerKnoll explores the transformation of the workplace and why the processes associated with planning and managing spaces need to be fundamentally redesign. For most organizations, their historic investment in corporate realestate was only second to their investment in people. Image courtesy of MillerKnoll.
That means not just tracking the carbon footprint of a company’s realestate assets, but emissions across the entire supply chain. The EU has even stricter reporting requirements and any company working or planning to work in Europe is already tracking this data. Many more buildings and spaces will be net zero from the outset.
An efficient work environment provides versatile options tailored to meet varied employee needs, whether through adaptable spaces or integrated smart technologies. Hybrid and remote work have proven that physical office space isn’t the only place work can get done, and 63% of high-growth companies plan to continue with a hybrid work strategy.
The project, designed by Mimaristudio in line with the company’s RealEstate & Facility Management leadership and the company’s global design criterias, marks another implementation of the hybrid working model in the new office located in the LEED Gold-certified Nidakule Batı building in Istanbul.
Smart furniture uses PoE connectivity to gather real-time data, driving automation, energy efficiency, and informed workplace strategies. This article was written by Akram Khalis , CEO of MHT Technologies and the co-founder of Inspextor, for Work Design Magazine. Photo courtesy of MHT Technologies. At least for now.
As the first digital native generation, Generation Z is incredibly technologically savvy and can quickly adapt to a remote or hybrid working method. Furthermore, traditional hierarchies in space planning are reduced because not everyone will have a designated desk and the best office realestate spaces can be used and booked by everyone.
The modern office is a dynamic and ever-evolving landscape where technology plays an increasingly vital role in shaping its success. From fostering seamless communication and collaboration to optimizing the use of physical space, the right technology tools are essential for empowering your workforce and driving productivity.
As new tools, technologies, and capabilities are developed, AI is steadily transforming the way humans work. They explore strategies around the efficient and ethical use of AI, how new technologies have helped businesses adapt to changing workplace dynamics, and introduce OfficeSpace’s vision for the future and its newest AI tool, Ossie.
Never before in modern history has the business community, and more specifically commercial realestate, experienced such profound and dramatic change. What are the long-term, post pandemic implications on realestate decisions made today? or “What if everyone shows up on the same day?”.
Workspace planning is becoming increasingly important and increasingly challenging as work becomes more flexible and hybrid. In this article, we explore tangible ways you can improve your workspace planning process to overcome the biggest challenges of hybrid working. But without modern data methods and technologies to do so.
AI technology is becoming increasingly dynamic and flexible. Concerns about job displacement and reskilling are very real. Workplace Intelligence by OfficeSpace See space utilization in real-time to evolve your workplace strategy, improve employee experience, & right-size your real-estate investments with Workplace Intelligence.
Reduced realestate costs – Fewer employees working in a single, central space require smaller physical footprints. This can lead to savings on expensive commercial realestate and reduce overhead costs. HR experience is not a requirement for this role.
Ironically, the concept of a fluid and agile workforce supported by technologies that enable us to “work anywhere” has been possible for over a decade, it took a pandemic for us to fully embrace it. And even prior to 2020, some organizations were already moving towards a new planning concept known as Activity-Based Working.
Fast forward a year-and-a-half, and although the typical “work week” may have extended, the health and wellness trends that were underway in commercial realestate prior to the pandemic have now been amplified. There are several key factors to focus on: 1. Location & Access.
This can be anything from installing new computers, adding more furniture, hiring new people, implementing new tracking technology, etc. Consider these three factors when planning to improve your balance between operational efficiency and the employee experience. Overall, these two factors come with more flexibility.
Beyond the obvious cost savings from downsizing corporate realestate portfolios, deliberate and data-driven utilization planning also enhances employee experience and productivity. What is Office Space Utilization? Knowing how your workspaces are being used is the first step toward creating a high-performance workplace.
Good and impactful urban design can draw people off the street, pique the interest of passersby and create a new human energy that adds value to the realestate and the community. Thoughtful, targeted event planning can draw people in to spend time in places that would otherwise struggle to be occupied.
Open floor plans allow noise to carry, creating distractions that harm productivity. Rightsize by Role Rather Than One-Size Fits All Many companies instinctually view hybrid work as an opportunity to dramatically shrink office realestate.
In this blog, we’ll discuss how occupancy metrics are changing how business owners and CEOs make decisions, why data-driven information is king, how occupancy metrics can be used in decision-making, and what the future holds for space planning in the corporate setting. Right-Sizing Your RealEstate : Do you have too much space or not enough?
Optimizing space utilization reduces realestate costs, energy consumption, and operational expenses. Having detailed, real-time data you can trust removes the stress of making major financial decisions. You want a tool that can seamlessly integrate with the existing technologies in your building. Cost savings.
An IWMS, or Integrated Workplace Management System, is a scalable, cloud-based software platform that helps track virtually every aspect of the workplace and a corporate realestate portfolio. Like we’ll cover further below, these platforms are quickly becoming some of the most crucial hybrid workplace technology going.
The commercial realestate (CRE) industry is trying to balance complex, and at times opposing, considerations,” said Andrew Hallissey, Executive Managing Director for Occupier Services, Colliers EMEA. The report claims that new approaches to the workplace will create new opportunities for the quickest and smartest to adapt.
For example, a young professional looking for opportunities to break into the realestate industry may find themselves sitting next to a seasoned realtor who can offer a wealth of industry knowledge, or perhaps even a job opportunity. These impromptu connections allow people to build their networks and professional skills.
The modern workplace is a dynamic and ever-evolving landscape, constantly shaped by emerging technologies, shifting work styles, and changing expectations. From flexible work arrangements to cutting-edge technologies, these terms reflect the diverse range of factors that contribute to a productive, engaging, and efficient workplace.
And the realestate savings that could accompany fully remote or hybrid working profiles will be very appealing to those who have taken a financial hit as a result of the pandemic. Over 38 years in business we’ve seen Open Plan totally take over more and more markets – and it’s become more and more dense. Collaborative space.
According to our 2023 Workplace Strategy Report, 40% of workplace leaders are planning on reducing office space within the next two years. With the transition to hybrid work, companies are realizing they have the opportunity to reduce realestate costs and optimize existing spaces.
JLL has announced the launch of JLL GPT, which it claims is the first large language model purpose-built for the commercial realestate sector. JLL’s extensive in-house data will be supplemented with external CRE sources, and the company plans to offer made-to-order solutions to clients later this year.
Workplace analytics inform operational decisions that optimize limited realestate to maximize productivity and cost savings. Workplace Intelligence by OfficeSpace See space utilization in real-time to evolve your workplace strategy, improve employee experience, & right-size your real-estate investments with Workplace Intelligence.
was planning to construct a new New York City headquarters in Manhattan. To back up this realestate investment strategy, the bank is constructing a massive 60-story tower on Midtown Manhattan’s Park Avenue. In 2019, JPMorgan Chase & Co. Then the pandemic hit.
This empowers teams to plan their in-office time to prioritize activities that offer the biggest benefits for in-person engagement. Firm leadership asked employees to work with their leaders and plan their in-office time to prioritize activities that offer the biggest benefits for in-person engagement. Technology Hub.
It may even require advanced coaching in specialized areas such as realestate sales. Most importantly, you will harness the power of the Win the Day strategy to create a personalized plan for success. Meeting those objectives requires commitment to learning in areas such as leadership development and soft skills education.
A new report from workplace technology provider Eptura suggests that employee-led hybrid working models and connected technology drive the highest returns for businesses. days per week, with software and technology organisations at 2.13 days per week, closely followed by energy and utility organisations at 3.21 days per week.
Office realestate is changing, and the language is changing with it. Workplace Intelligence by OfficeSpace See space utilization in real-time to evolve your workplace strategy, improve employee experience, & right-size your real-estate investments with Workplace Intelligence. Hot desking. Desk booking.
Since the pandemic, there has been an uptick in available sublease space on the market as organizations scale back or put off making decisions about their long-term realestate footprints. Post-pandemic, many of us are no longer tethered to our desks by technology or work process. Wi-Fi is table stakes. Acoustics matters, too.
How can you keep track of visitors to understand all the activities happening within your realestate portfolio ? Given the current realities of a shifting economy and shrinking corporate realestate budgets, companies need to get more out of their space. Especially when office attendance varies from day to day?
According to the report, more than half (56 percent) of CEOs and business leaders in the UK still plan to incorporate co-working spaces in future office spaces, despite data revealing that only 15 percent of employees prefer this setup. For employers, delivering the office of the future that employees demand is proving a challenge.
It can also help you choose the right hybrid and collaborative work strategies and tools for your business, such as hot desking software, desk and room booking systems, interactive maps, remote technologies, and more. Technology Integration. See it now What are Workspace Utilization Analytics? Occupancy Data. Common Area Utilization.
Data insights you can act on See space utilization in real-time to evolve your workplace strategy, improve employee experience, & right-size your real-estate investments. Usage rates of reserved desks, meeting rooms, huddle areas, and more help rightsize realestate.
And lastly, managers help employees chart their career path and plan the next move in their career progression. The evolution of the workplace will undoubtedly continue, because economic conditions, sociopolitical issues, markets, industries, technological developments and employee preferences, for example, aren’t stagnant either.
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