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. Want to contact me directly regarding one of my articles or maybe you'd like a chat about future articles? Email me via editor@stagingsite.estateagentnetworking.co.uk

You May Also Enjoy

Home and Living

10 Tips for Moving Home

Moving home is an exciting yet challenging experience, requiring careful planning and organization. The moving process can be stressful if not handled properly, from sorting belongings to managing time. These 10 tips aim to make your move smooth and stress-free, helping you easily settle into your new space. 1. Start Planning Early The earlier you…
Read More
Breaking News

A third of UK homes for sale are ‘chain-free’ reports Zoopla

Recent tax changes and incoming council tax premiums for second homes have unsettled property investors and second homeowners with some now looking to sell One week on from the Autumn budget, buyer enquiries for homes that are chain-free are 33 per cent higher compared to those not advertised as chain-free 41 per cent of two…
Read More
Love or Hate Rightmove
Breaking News

Rightmove’s weekly mortgage tracker 06/11/24

The average 5-year fixed mortgage rate is now 4.66%, down from 5.33% a year ago The average 2-year fixed mortgage rate is now 4.92%, down from 5.76% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.69%, down from 5.40% a year ago The average 60% LTV 5-year fixed mortgage rate is now 4.05%, down from 4.91% a year ago The average monthly mortgage payment on a…
Read More
Overseas Property

Top reasons to consider buying a luxury villa in Phuket Thailand

Those who have worked hard for many years are often looking for ways to invest their cash so that they can enjoy life to the max in their advancing years. Some might decide to dabble in the stock market or insurance policies to enhance their savings, while others might look to purchase something more physical…
Read More
How to add value to your home
Estate Agent Talk

5 Top Tips for Running a Business From Home

Have you ever wanted to start and run your own business from home? Although it’s an incredibly rewarding experience, it can be tough to set up and know where to start, especially if you have no business experience or background! Whether you want to run a small business, or have grand ambitions for eventual expansion,…
Read More
Estate Agent Talk

The Importance of Time Management for Real Estate Investors

Time is one of the most valuable assets for real estate investors, especially when juggling multiple projects, clients, and market trends. Without a strong grip on time management, getting bogged down in tasks that don’t drive growth is easy. You see, every minute spent on admin tasks or low-value activities is a minute that could…
Read More