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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?
DALLAS – June 15, 2022 – SUCCESS ® magazine, the leading voice in the field of personal and professional development, today announced the launch of its inaugural RealEstate Trendsetters Awards in continued recognition of its 125 th anniversary this year. The post SUCCESS® Magazine Honors RealEstate Innovators With ?New
Organizations can be expected to integrate the remote and in-person employee experience by installing new, flexible technology within meeting rooms, common areas, and individual offices. . Data-informed workplace design optimizes office space use by utilizing real-time data and trends, hence increasing productivity. . “In
However, when mobile technologies, WiFi and the cloud began to converge between 2010 and 2020, we entered into a transitional state that set the stage for the transition we’re currently experiencing. For most organizations, their historic investment in corporate realestate was only second to their investment in people.
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.
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.
Workplace design should prioritize creating spaces that fulfill emotional and professional needs, rather than focusing solely on technology and infrastructure. Hotels and corporate realestate are incorporating more interactive and digital art installations, making lobbies feel more like art galleries.
Current trends show that only a third of workplaces have been redesigned in the past three years, revealing significant opportunities for innovation to create enriching and flexible environments that evolve with changing needs and technologies. Space is a tool, just like technology is a tool,” McLaurin said on the podcast.
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.
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.
The integration of data analytics and smart building technologies is essential for carbon management and sustainability in the built environment. This trend is complemented by the advancement of smart building technologies and AI (artificial intelligence), which, when paired together, can automate and fine-tune building operations.
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.
An efficient work environment provides versatile options tailored to meet varied employee needs, whether through adaptable spaces or integrated smart technologies. If more, or less space is needed, having access to this data also allows for decisions about your workplace footprint to be made much earlier in the realestate cycle.
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 role of technology , data tracking, and AI in workplace design and the risks involved.
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.
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?”.
Businesses that strategically invest to realign realestate with employee needs and expectations will accelerate a return to work, and ultimately win the war for talent. As design professionals, we have had to prioritize agile environments, and a seamless integration of technology. .
Change of Culture and Reallocating RealEstate. Sophisticated, integrated technology will be introduced to accommodate a shifting hybrid workforce,” according to Jodi Williams, AICP, LEED AP ID+C, Prosci, CRTKL Principal and DC Office Lead. Outdoor Amenities.
Law firms that invest in versatile event spaces, embrace technology-enabled rooms, and support varying work styles through thoughtful office design are likely to be more successful in maintaining a productive, innovative, and satisfied workforce. Whether in-person meetings or virtual, the ease of access to technology is critical.
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.
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.
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.
Over the last few years, businesses have been on a journey to workplace transformation and realestate portfolio optimization. Tenets of Hybrid Work: How to Optimize Experiences, Buildings, and Technology
Understand how work has changed because of technology Understanding how work has changed because of technology and how it is trending involves looking at the impacts of technology on the workplace and the employees who occupy it. Technology can also have a profound effect on the way we work.
Its three floors include focus rooms with a variety of seating options, as well as social hubs, including the WorkCafe and The Front Porch, with digital whiteboards and technology tools for different modes of work, collaboration and socializing with customers and colleagues. The Human-Centric Workplace Must Respond to Evolving Needs.
This can be anything from installing new computers, adding more furniture, hiring new people, implementing new tracking technology, etc. This could mean implementing new technology, booking systems, tactile signage, focus hours, etc. This data-driven approach can help justify realestate decisions and optimize operational expenses.
Unternehmensberatung GmbH , a software company specialising in realestate (RE) asset and portfolio management in the DACH region with its SaaS products bison.box and CollaborationApp. has supported the German realestate sector for more than 27 years, servicing users across the world. Based in Bremen, control.IT
Rightsize by Role Rather Than One-Size Fits All Many companies instinctually view hybrid work as an opportunity to dramatically shrink office realestate. Breakout areas, phone booths and other small private spaces scattered throughout the office can serve this essential 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. This new generation space is not only physically different but may require new technology just as much as an integrated wellness program.
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.
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. The extra activity creates a level of human energy factor that adds value to realestate when an area always has something going on.
Research Group that could transform the way the world purchases, sells, rents and handles realestate over the next five years. million to research how AI could change the market for realestate appeared first on Workplace Insight. The University of Warwick has received a £1.25 The new FutureFinance.AI
In the dynamic landscape of artificial intelligence, technology and innovation, a remarkable cadre of visionary individuals, often referred to as “Big Thinkers,” is reshaping the way we live, work and interact with the world. Sanford’s leadership has propelled eXp Realty to new heights, redefining the realestate industry.
Built-in custom integrations connect directly with calendar tools, IoT devices, employee badge systems, and other technology to provide real-time insights. Improving Space Utilization Recent studies have shown that half of all office realestate may be sitting empty at any given time.
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.
JLL has announced the launch of JLL GPT, which it claims is the first large language model purpose-built for the commercial realestate sector. “Using JLL GPT in our secure computing environment, our global realestate experts will be able to deliver faster, smarter insights to our clients,” said Yao Morin , JLL CTO.
By making sure underutilized areas are either being transformed into more effective workspaces or eliminated entirely, businesses can optimize offices and save on unnecessary corporate realestate costs. Right-Sizing Your RealEstate : Do you have too much space or not enough?
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.
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 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.
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.
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.
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