Over the past two years we’ve all had to grow more accustomed to managing change - and those of us in the commercial real estate industry, more than most. By accelerating the ongoing transformation of the working environment, the pandemic has fundamentally reshaped the way occupiers and owners look at property.
The old adage that location is the most important consideration in real estate may still be true. But now decision-makers must grapple with a host of other factors. Buildings are increasingly assessed in terms of their sustainability and support for health and wellness, rather than price and prestige. Flexible models are reducing dependency on city-centre locations and creating new exurban growth zones. Businesses are experimenting with technologies and data-driven approaches that are enabling massive strides in the management and efficiency of properties and portfolios.
In our ‘CRE - Our industry today, tomorrow & beyond’ report, our experts are sharing insights into the trajectory of commercial real estate at a time when old truths about the industry are being rewritten.