With 2017 slowly ebbing away into 2018, many office space managers, landlords, and brokers are taking stock of the year and planning for next year.
Flexibility is not new when referring to real estate requirements, however it is expected this trend will proliferate in 2018 throughout the office sector in co-working spaces, and in particular with co-working providers targeting major corporates as opposed to just start-up companies like we have seen in the United States. In addition, the flexibility trend will extend to occupiers sub-leasing space to co-working providers which will result in productivity enhancements as well as increased opportunities for innovation.
Security & Safety
Security in buildings is becoming more prevalent and building owners are now considering more advanced methods such as facial recognition, finger print scanning and phone ID scanning, rather than the traditional pass cards. Another important aspect of security that businesses need to consider is cyber-security. Hackers are extremely prevalent and without the right security in place, there can be major risks to the business and people inside.
As technology evolves, smart buildings and robotic technology are expected to gain significant momentum in 2018. Smart buildings utilise imbedded sensors and analytic technology to allow owners and occupiers to monitor and adjust energy usage, lighting levels, daylight penetration, fresh air, humidity and temperature control, elevator usage and other metrics to improve user comfort and maximise energy savings. AI (Artificial Intelligence) continues to be a hot topic and is likely to result in a reduction in physical staffing roles, as process and even some analytical driven roles are replaced by robotics.
Space Consolidation & Shared Facilities
Over the past few years we’ve seen some occupiers moving from a 1:10 staff/sqm ratio to a 1:8 for some parts of their workspaces, a trend we are expecting to increase, particularly within major CBD
areas where space is becoming more expensive. Owners need to understand their occupiers’ core space needs versus their ‘flexible space’ needs. Many modern office buildings provide shared facilities (flexible space) within their asset that is specific to the building’s occupiers.
Building owners and occupiers will consider “placemaking” a core component of the future strategy for any commercial building and workplace. Building owners are using programmed cultural activities,
wellness amenities, improved ground plane experiences and partnerships with occupiers, retailers and service providers to make a place that attracts and connects with the new hyper mobile workforce.
The top five trends we expect will impact owners and occupiers in 2018 and have been derived from our office experts.
If increased flexibility is on your 2018 to-do list head over to 99spaces.co and start finding the place and spaces which will help you achieve this.
Wishing all our friends and family a very happy holiday season. Looking forward to 2018!