27 March 2018 | Herpreet Kaur Grewal
The rise in demand for flexible workspaces, the emergence of a more dynamic workforce, and an increasing focus on employee performance and well-being will dominate global corporate real estate strategies in 2018.
A study by JLL reveals that the adoption of smart real estate technologies and digitisation of buildings will also continue to transform the industry and shape work practices.
- Other trends identified in the report include:
- Innovation culture - the rise of a work environment that supports creativity, cross-collaboration and innovation will be key to future proofing corporate real estate strategies.
- Digital drive - integrated technology-driven ecosystems will transform companies and drive new levels of performance.
- Adaptive organisation - agility and collaboration will become critical keys to business success in a rapidly changing market environment.
- Future skilling - rethinking employees' competencies and profiles will become essential to driving the future of work.
- Wellness - aligning CRE and HR strategies to support mental and physical health will power human experience in the workplace.
- Community - buildings are to become the epicentre for communities to share their passions, experiences and ideas.
Tom Carroll, head of corporate research, EMEA, JLL, said: "Real estate is an engine for innovation and growth. As the workforce becomes more flexible and dynamic, organisations are building more agile environments to embrace this transformation. We expect more businesses to 'humanise' their workplace through digitisation and smart technologies, using employee satisfaction, performance and well-being as the new way to measure success."
The full report can be accessed here.