HB Reavis publishes 2021 workspace trends report

14
Apr
2021
News - HB Reavis publishes 2021 workspace trends report #coronavirus #flexible #HB Reavis #office #remote work #work #workplace

by Property Forum | Office

The future of work will be agile, flexible, and hybrid, says a new report by HB Reavis. According to “The Future of Work”, simply offering a split between at-home and in-office work is no longer enough. Increasing productivity and employee wellbeing is all about the digital experience, and 2020 has brought a new understanding of what the workplace should look like to both employers and employees.


Research by HB Reavis identified four major trends affecting the future of the workplace:

  • Hybrid working will become the norm. Both employers and employees expect to adopt a mix of at-home and in-office working.
  • Technology will play a greater role in boosting employee performance. Data will power the new digital experience.
  • Flexibility will be key to success and will result in even more agile setups. Corporate agility will extend to office leasing and will drive even greater efficiencies through technology.
  • Health and wellbeing will be of paramount importance. Employee wellbeing will be at the heart of the modern digital work experience and will be what employers are judged upon in the future.

New considerations for corporate success

The four megatrends are split into emotive and corporate drivers. Emotive drivers describing how employees feel about the future workplace, and corporate drivers describing the financial factors influencing employers’ choices for it. While separate considerations, businesses must look at both carefully if they are to build the digital experiences needed in the workspace of the future.

Some employers may be more immediately concerned with the corporate drivers. After all, hybrid working models and increasing agility will be essential in the immediate return to the office. But while the future of work is clearly hybrid – and reliant on business agility – these emotive trends will equally dictate the success of companies in the beginning of 2021 and onwards.

Employees need to feel safe if they are to perform well and drive productivity. And to enjoy the further benefits to employee retention, recruitment and advocacy, their feelings about the workplace must be at the forefront of corporate decision making. After all, companies and buildings are made up of individuals and to neglect them is to neglect the business itself.

An opportunity to strengthen business

With this in mind, employers who react to both drivers will reap the biggest benefits in terms of performance and business growth. This new model built around the employee experience will be one that requires flexibility, granular insights into the workspace, and proactively ensures that employees are safe and healthy.

The 2021 workspace will be one where employees have information and control. Information on their surroundings – temperature, light, noise, occupancy, and so on – and control over it. To meet this benchmark, technology is critical. This means employers cannot just consider how isolated deployments will address these individual trends but how a suite of solutions can be used to create an employee-centric environment.

The future of work is now

This experience will not reinvent how employees interact with their workspace but complement their existing processes. This will enable them to take the parts they enjoy from the home office and bring those into the future workspace for a unique and tailored experience. And these experiences will be supported by data-driven insights that qualify and quantify these preferences, making them actionable for the business.

This vision of the workspace will encompass the building itself. Employers will need control over the building, with flexibility in their leases that allows them to adapt to these trends over time. Ultimately, the benefits felt at the employee level should be shared at the corporate one too so that people are always put first.




Latest news


New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


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