Brave Ideas What Are The Drivers of Uncertainty in Office Real Estate?
Jul 17, 2024
In this podcast, Pontus Kihlman and Caleb Parker discuss the drivers of uncertainty in office real estate, emphasizing agility and customer-centricity. They explore multi-locational workplaces, adapting to changing preferences, and the role of data analysis in office design.
AI Snips
Chapters
Transcript
Episode notes
The Internet's Impact on Office Real Estate
- The internet ended the office's monopoly on work, forcing companies to reassess its purpose.
- This shift creates uncertainty in real estate, raising questions about office value and design.
Shrinking Businesses and Office Space
- Businesses are shrinking due to outsourcing and reliance on external services, impacting office space needs.
- This fragmentation adds complexity for landlords accustomed to large, long-term leases.
The Need for Agility in Office Real Estate
- Embrace agility in office real estate to adapt to changing work patterns and employee preferences.
- The traditional model of long-term leases and static office spaces is no longer viable.