Office-space experience in 2021

Office-space experience in 2021

Things have changed in the office, first how the commercial model of real estate, the securing and buying or leasing of offices is performed, the second is how technology allows us to experience the actual environment.

In 2021, the landscape will be rapidly changing, the landlord is not a traditional landlord anymore, flexibility now reigns supreme, as they become a provider of services, with an agile model.

A digital pincer movement where innovative technology solves the problems of how to best perform the procurement and management of physical spaces humans spend a huge amount of time inhabiting is now going on.

My experience, as a realtor or estate agent, in the 1990s when I required office space for my business, was this I had a Commercial agent. We agreed on a ten-year lease and that was it, all set in stone. Proptech now allows every comfort, and every aspect of the office space to be quantified, controlled, and managed.

Tempting those in need of a workspace with flexible terms, and bespoke work environments; at the pinnacle think Symbiosy by HB Reavis. Where every need of a human is wrapped in cotton wool to ensure productivity and mental and social health and welfare.

Coupled with this is the advent of the smart management of buildings, back in the 1990’s innovation was considered to be ‘ wall mounted electric panel heaters.’

 

Now management of office space is now increasingly off-site, take CIM, speaking to Cillian Casey recently, he explained that decades ago a human would patrol commercial buildings to find problems and solve them, now remotely huge buildings are plugged into a digital network and like a patient, the vital signs are monitored and with commercial efficiency responded to.

So automation, the internet of things, increasingly becoming the internet of everything, big data, artificial intelligence, and machine learning and automation are the forces that have transformed the office space. IoT especially can manage flexible office space, using smart technology, think security surveillance, biometric entry, etc.

In 1990, as a property agent you sat in an office at a desk, and had a job for life, your tower computer welded to the floor and mobile phones were the size of a house brick.

All change, Andy Saull, recently pointed to the fact that data analytics held by We-Works over the last half-decade would allow for building office and commercial space to a design most likely to be bought sold, leased, and utilised.

Now, perhaps with the advent of the vaccine we might or might not see ourselves increasingly going back to the office, and if we do as a workforce, we will require a more modern flexible approach to our work needs, and how we lease and use office space.

Pre-Covid, this was an explosion of co-working, maybe now this shift will pivot in other ways with homeworking WFH now firmly back on the agenda. Either way 2021 will be a seminal year in many ways.

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

You May Also Enjoy

Breaking News

The best garden improvements to boost the value of your home this summer

The latest market insight from Yopa, the full-service estate agents, has revealed which garden features make the most worthwhile project for homebuyers this summer, based on the actual value they add to a home once the cost of implementing them has been accounted for, with some adding as much as £8,000 to the value of…
Read More
Breaking News

South West Named Top Haven for Over-50s Downsizers

New Research Reveals Prime Destinations for Older Movers Seeking Community, Lifestyle, and Affordability The South West of England has officially become the UK’s top destination for over-50s looking to downsize, according to new research by over-50s property specialists Regency Living. With nearly half the population aged 50 or over (43.0%), the region leads the country…
Read More
Breaking News

Modern industrial strategy to modernise Britain

The Government’s ‘Industrial Strategy’ has been released, alongside its 10-year plan to increase business investment across eight growth-driving sectors significantly. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said: “Construction will build the premises that businesses need, deliver the homes which stop brain drain, and ensure the infrastructure, such as transport or…
Read More
Breaking News

As few as 22% of HMOs have a usable garden

With the summer here and the weather well and truly hotting up, new insight from COHO, the HMO management platform, reveals where in England you’ve got the best chance of finding a shared house with a usable garden. And just for good measure, they’ve also worked out where the most pet friendly and car friendly…
Read More
Breaking News

Housing Ombudsman’s report demonstrates necessity of vibrant and growing private rental sector

Following a recent report from the Housing Ombudsman titled ‘Spotlight Report: Repairing Trust’, which revealed that 2024/25 witnessed a 474 per cent surge in complaints about poor living conditions compared to 2019/20, Propertymark has stated that this demonstrates the necessity for a vibrant and growing private rental sector. Referencing the UK Government’s ambition to construct…
Read More
Breaking News

Inheritance Tax Receipts raise £1.5 billion in two months

Inheritance tax receipts hit £1.5 billion in the first two months of the current tax year, according to data released by HM Revenue and Customs (HMRC) this morning. This is £98 million higher than the previous tax year, and continues an upward trend over the last two decades. Nicholas Hyett, Investment Manager at Wealth Club…
Read More