Large corporates with massive real estate portfolios were forced to reassess their work models due to the evolving conditions in 2020. There is an ongoing debate on the efficacy of work models that will pave the way for the future of workspaces – Conventional, Remote or Hybrid, as we already begin to see workforce flocking back to offices with the second wave showing signs of waning.
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?
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.
In a world where flexibility defines how we work, the Awfis Day Pass has emerged as a game-changer for freelancers, gig workers, and remote professionals. But what exactly is it?
Whether it’s a thriving startup or an expanding enterprise, it’s exciting to be the owner of a business, isn’t it? It’s a continuous process of innovation, planning, and pushing the boundaries. The issue of establishing a workplace and selecting reputable work settings is becoming more significant with the growth in this area. This trend has become apparent. Traditional leasing, with its long-term obligations and hidden costs, feels so bygone in our fast-paced world. Serviced offices are now coming in as a modern, go-anywhere solution, redefining how businesses consider and maintain their workspaces.
What if the design of your workspace could influence your ability to improve your mood, sharpen your focus, and produce better work? Office design psychology is a field that combines environmental psychology, architecture, and user experience. According to a 2024 study, workplaces with ergonomic zones and biophilia design saw a 15% boost in productivity. Design is an unseen force that shapes behavior.
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