A Collection is a selection of features, articles, comments and opinions on any given theme or topic. It allows you to stay up‑to‑date with what interests you most.
Login here to access your saved articles and followed authors.
We have sent you an email so you can reset your password.
Sorry, we had a problem.
Tags related to this article
Published 26 September 2019
Increasing demands are being placed on our office space. Beyond the need to be conducive to working, it also needs to attract and retain talent, provide a range of different styles of space and be flexible enough to deal with fluctuations in team size and technological evolution. The office of the future, will need to do more than just co-locate a group of people and act as a ‘defensive’ balance sheet.
The connected digital era and the imminent intelligent era challenge the value chain that has underpinned commercial real estate. Traditional practices are poorly aligned with future possibilities. Making infrastructure and design decisions years or even months before occupancy no longer appears sustainable. Cost, previously the driver of many building decisions, can no longer be the premier factor in an era where buildings are being asked to do more.
PropTech has the potential to be a significant enabler and change agent, facilitating the shifts and helping the physical structure become a flexible asset against a backdrop of continual disruption. There is, though, a way to go. Employees do not consider their buildings to be smart enough. Business leaders acknowledge the role that PropTech can play, both on new and older stock. However, the majority of businesses do not have either a specific PropTech strategy or generally, a digital strategy. Those with a clear sense of how to engage will be the winners in a market where existing business models are being overturned.
Read the article in full here.
Our thanks to David Smith, Chief Executive of Global Futures & Foresight for his research into this item and his support.
London - Walbrook
+44(0)20 7894 6978
+44 (0)161 934 3166
+44 (0)20 7894 6068
Christopher Stanwell, Anne Harrison
Glenn Ruddy, David Manifould, David Hunt
Nick Knapman, Tim Ryan
Helen Murcott, Kelsey Farish
David Manifould, Clive Garston, Andrew Boulton, Michelle Jones
Tim Ryan, Alan Pratt, Alistair Cooper, Dominic Fagan, Kelsey Farish
Peter Allchorne, Michael McCabe