CRE Strategies in 2021: Navigating the Second Wave
As we navigate our way through the second wave of the pandemic, the CRE landscape continues to shift for all stakeholders in this ecosystem. While Q2 of 2020 witnessed green shoots of recovery for CRE, Corporate occupiers remain uncertain about long-term workspace plans in 2021 and 2022 and are re-evaluating their office space needs. What does this mean for CRE in the near to long-term and how are developers staying resilient in 2021?
Occupiers Evolution: Shifting Workplace Preferences in 2021
Since April last year, companies globally have been able to sustain operations and maintain growth due to adaptable & agile workforce. The workforce has quickly shifted gears as necessitated by the evolving situations and demonstrated flexibility and resiliency throughout the multiple phases of WFH, back to office and hybrid models in the past 1 year. This distributed, fluid workforce has altered the purpose of office from being a place where work gets done to an employee-centric place where teams collaborate to drive transformations.
Embracing the New Normal: Strategies for Distributed Workforce
2021 has brought with it a more definitive understanding of the new ways in which organizations and the workforce will thrive in near to long term future. Distributed workforce model has emerged as the best middle ground between Work from Home and Work from HQ. And while many businesses had created new processes and procedures to adapt to a remote workforce last year, distributed workforce is now a new proposition that companies need to readjust to in order to productively work apart together.