Flexible workspace solutions and technology that enables collaboration for hybrid teams, all within a sustainable environment, are just some of the factors that now need to form part of corporate occupier strategy as they adjust to the industry’s new ways of working – according to Colliers’ report CRE – our industry today, tomorrow, and beyond: Engage, Evolve, Accelerate.
It has become very clear that now is the time for major corporates to act to ensure their workplace experience and real estate strategy properly meets the needs of its workforce in the post pandemic hybrid-working world. Colliers report is the first of its kind in the CRE industry - drawing on contributions from experts across multiple geographies, CRE specialisms and business services that can assess and project the future of the workplace from many angles. The report serves as a practical guide to support occupiers of corporate real estate to develop a robust occupational strategy that can respond to the transforming business imperatives of today, tomorrow, and beyond.
The report identified six key trends defining the present and future of commercial real estate. They are:
1. New ways of working
2. Creating impact in sustainably and diversity
3. The future of spaces
4. Adopting and applying new technologies
5. Investment and portfolio management
6. Making the most of partnerships
In the report Colliers concludes that these themes will have a transformational impact on organisational productivity and the future of work. The trends are highly complex and interconnected and each one requires a deliberate organisational response as they present a unique set of opportunities and threats. The traditional view that property strategy is all about location is no longer valid as the momentum around space as a service and hybrid working underpinned by the six trends identified in the report, will be the driving forces for change over the years ahead.
The next decade will see change like never before in how organisations occupy space as they rethink traditional business models and take advantage of the new ways of working that have been established during the pandemic. Colliers experts see a renaissance for the office as progressive organisations focus on employee and customer experience that leverage physical and digital experience to optimise productivity, build organisational culture, support employee wellness and enhance business results. In addition, the momentum building across all industry sectors to drive ESG orientated decision making, coupled with corporate carbon net zero commitments, creates one of the most exciting times in the history of our industry.