Real Estate

Real Estate House View 2021: Office Outlook

By Luke Briscoe
COO & Managing Director - Office & Logistics Sydney, Australia
Quality and technology: what offices need to offer. The office sector has experienced a structural change due to COVID-19 and the future of the office and flexibility is a major topic of debate that we’re still exploring. Wherever we end up, the fact remains that employees need a place to belong, for productivity and collaboration. In 2020, high quality office assets continued to fare well. We’re optimistic about a broad recovery for offices in 2021 as the impact of COVID-19 recedes. We have always had a strong view of investment into assets in order to differentiate them, particularly in the quality of amenity and tech specifications, and this will be more important than ever as the role of the office shifts. For example, flexible working may mean less desks, so we expect to have more businesses in our buildings and will need the technical specifications to facilitate that.
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Important notes

While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455) makes no representations or warranties as to the accuracy or completeness of any statement in it including, without limitation, any forecasts. Past performance is not a reliable indicator of future performance. This video has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. An investor should, before making any investment decisions, consider the appropriateness of the information in this article, and seek professional advice, having regard to the investor’s objectives, financial situation and needs. This article is solely for the use of the party to whom it is provided.

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