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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?
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.
Colliers Global Occupier Services’ new report Adaptive Facilities Management – a new vision in agility reveals traditional facilities management (FM) models, where services are delivered at fixed frequencies and costs, are no longer fit for purpose, due to occupancy levels at many workplaces remaining in flux.
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.
We’ll then discuss the critical elements of an impactful return-to-work program, including clear communication, lasting incentives, and technology implementation. Relevant Technology If the technology in your work environment is more outdated than that of your employees’ homes, they’re probably not going to want to work in the office.
A new report, Reap What You Sow: Valuing Workplaces that Grow Good Ideas from PLP Labs sets out to explain the process of measuring and monetising the wellbeing and environmental value of biophilic office design. The report argues that in corporate realestate, the environment impacts the bottom line.
The report claims that new approaches to the workplace will create new opportunities for the quickest and smartest to adapt. 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.
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.
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 most impactful office management tools offer robust reporting, providing metrics that can’t be attained manually. 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.
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.
Beyond the obvious cost savings from downsizing corporate realestate portfolios, deliberate and data-driven utilization planning also enhances employee experience and productivity. Office space utilization refers to how well your available workplace realestate is leveraged to support employee productivity and organizational goals.
Progress on the decarbonisation of realestate portfolios is being held back by a lack of understanding and collaboration between property owners and occupiers, according to a new report from the Urban Land Institute C Change programme.
Research by ULI and PwC claims that nearly half of Europe’s realestate leaders are concerned about buildings becoming obsolete in the next five years in the face of long-term upheavals in demographics, climate change, technology and lifestyles. The industry is uncertain about when obsolescence will start to show in values.
Corporate trends and technological standards seem to evolve weekly, if not daily, making it difficult for decision-makers to maintain operational efficiency in the workplace. Optimizing your realestate footprint is essential for improving business operations and profit margins. But where do you start? But where do you start?
Get data driven insights Go beyond static reports and manual processes, get data driven insights you can act on. Consider using data to customize the workplace experience to your employees’ preferences, develop more effective collaboration spaces, or implement new technology to better accommodate hybrid work models.
Just 7 percent of UK office workers back fully remote work, but eight in ten would like to see significant improvements to their company’s office and more support for flexible working, according to the Sony State of Offices Report 2023 [registration]. Over a quarter (28 percent) of UK office workers are still entirely office based.
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?
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
To back up this realestate investment strategy, the bank is constructing a massive 60-story tower on Midtown Manhattan’s Park Avenue. The Vanguard of office space realestate JPMorgan Chase’s forthcoming headquarters promises to be at the forefront of trends in co-working spaces.
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. With real-time presence data, you can determine where your employees’ time is spent, including desks, meeting rooms, and common areas.
In a flexible working environment, FMs need to gather data faster and more accurately to advocate for space changes, realestate attrition or expansion, and new workplace policies. He explained that many teams are moving toward automated, real-time data to create more agile workspaces. Do we have the right mix of room sizes?
According to a new market intelligence report , the worldwide flexible workspace market could exceed between 35 and 50 billion US dollars by 2030, reflecting the growing demand for flexible and agile work environments. The rise of startups, often seeking cost-effective and agile workspace solutions, aligns with the flexible workspace model.
Hybrid work models, dynamic schedules, and new technologies have reinvented how businesses use their physical workspaces, and making the most of your realestate requires a new strategy and approach to workplace intelligence in the office. Data Analysis and Reporting Dashboards Evaluate the tool’s analytical capabilities.
Publicly traded companies will now have to track, report and show progress toward emissions goals, and this will almost certainly trickle down to all companies over time. That means not just tracking the carbon footprint of a company’s realestate assets, but emissions across the entire supply chain.
This was followed in 1986 by an altogether more ambitious project and perhaps the most influential report of the genre: Eleven Contemporary Office Buildings: A Comparative Study. The report compared the first two Broadgate buildings with nine others in the City. Information technology is seeing to that.
Before business leaders can optimize space usage, streamline operations, and make informed decisions about their realestate portfolios, there should be a firm understanding of the difference between a property manager and a facility manager. FMs are also in charge of managing office equipment, furniture, and technology.
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. Using RFID or smart card technology can monitor when employees enter or exit specific areas.
The significant majority of employees in internal surveys reported preferring remote work arrangements. Workplace productivity: It didn’t take them long to discover that remote work could be both practical and effective, with employees reporting high levels of productivity and engagement even in a virtual setting.
Previously, managers were traditional “bosses,” their relationships with direct reports characterized by formality, power and control. When your work space and living space occupy the same realestate, it’s almost too easy to work – your laptop is right there on the dining room table! Servant leadership and coaching abilities.
According to the Scoop Flex Report , more than two-thirds of US companies will offer work location flexibility for their corporate employees by the end of this year. The future of work is flexible, and we’re seeing this play out in real time within some of the biggest corporations in the world. Well, this is only sort of true.
Technology also plays a pivotal role; human-centric offices integrate tools to enhance communication, collaboration, seamless workflows, and intelligent booking systems for remote and in-person workers. Invest in technology. Technology is the connective tissue in a hybrid environment. But is this the way to go?
They are the first fully digitally connected generation and have never known life without technology at their fingertips because smartphones debuted when they were infants. I also connected with business leaders and combed through industry reports. ” I spoke with numerous members of Gen Z like Jones.
The report claims that this is an acknowledgement of the desire to be part of a community and the potential isolation of working at home. The report is based on proprietary data including an analysis of 2.7 Respondents came from the United States, United Kingdom, France, Germany, and Australia.
Old benchmarks and assumptions about strategic space management aren’t as useful, while many traditional metrics—like vacancy and occupancy rates , density, and square foot per seat—simply can’t capture the real life, real time use of office space. But without modern data methods and technologies to do so.
At some stage over the past three years those in the commercial realestate and the workplace creation industry, occupiers/landlords and business leaders may have enacted variations of the above scenarios. We’re doomed’ manically? Or just ostrich the problem and hope it all goes away or at least reverts back to how it was before?
This article will primarily draw from Scoop’s Flex Index , a quarterly report that digs into the flexible work patterns of more than 9,000 companies across America. In Robert Half’s Demand for Skilled Talent report , they discovered that new, fully in-office job postings had declined by 14% in 2023 from Q1 to Q4.
In AWA’s most recent Hybrid Work Index , where 120 workplaces across 22 countries were surveyed, 46 per cent of offices reported having no hybrid working policy in place. A hybrid working strategy needs to be totally joined up considering principles, practices, policies, skills, places, and technology all in one conversation.
The integration of data analytics and smart building technologies is essential for carbon management and sustainability in the built environment. Corporations increasingly utilize third-party metrics, like CDP disclosure reports and Science-Based Targets, to quantify their environmental footprint.
A new report by Economist Impact, sponsored by Kyocera Document Solutions, claims that human-centric strategies are needed for businesses to drive sustainable business growth, focusing on three pillars: productivity and infrastructure, employee engagement and culture. Pillar 1: Technology and productivity.
Employees will often have overlapping hybrid schedules , in an effort to ensure both collaboration and realestate needs are met. FMs would therefore be wise to regularly review their corporate realestate requirements, and negotiate new, flexible contracts when possible. What are the requirements for agile?
2023 Workplace Strategy Report Insights, tactics, and strategies from today’s workplace leaders on how they’re shifting the office to better suit employees and company goals Read the report What is wayfinding? So, like you would expect, ‘digital’ wayfinding systems simply add technology to this equation.
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.
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