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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