{"id":9176,"date":"2022-02-25T16:14:05","date_gmt":"2022-02-25T10:44:05","guid":{"rendered":"https:\/\/www.awfis.com\/inspiration\/?post_type=thought_cast&#038;p=9176"},"modified":"2024-05-27T17:01:55","modified_gmt":"2024-05-27T11:31:55","slug":"episode-2-cre-tailwinds-to-watch-out-for-in-2022","status":"publish","type":"thought-cast","link":"https:\/\/www.awfis.com\/inspiration\/workplace-insights\/thought-cast\/episode-2-cre-tailwinds-to-watch-out-for-in-2022","title":{"rendered":"Episode 2 &#8211; CRE Tailwinds to Watch Out for in 2022"},"content":{"rendered":"<h1><strong>Episode 2 \u2013 CRE Tailwinds to Watch Out for in 2022<\/strong><\/h1>\n<h3 class=\"thoughtdetailheadin\">Key Takeaways<\/h3>\n<p class=\"thoughtdetailtext\"><i class=\"fa fa-star\"><\/i>Covid brought about a paradigm shift in the commercial real estate model of large multinationals who transformed their CRE strategy from Hub &amp; Spoke to Hub &amp; Flex owing to an employee-first approach and the great amount of flexibility offered by flexible workspaces.<\/p>\n<p class=\"thoughtdetailtext\"><i class=\"fa fa-star\"><\/i>With work from home&#8217;s long term sustainability in question, Indian businesses took a blunt approach and decided to reduce permanent office footprint by adopting flexible offices as part of their larger CRE strategy.<\/p>\n<p class=\"thoughtdetailtext\"><i class=\"fa fa-star\"><\/i>In the beginning of the pandemic as small front office got vacant, their value dropped. This provided a unique opportunity to local Indian businesses to buy offices at the back of great capital value.<\/p>\n<p class=\"thoughtdetailtext\"><i class=\"fa fa-star\"><\/i>Post 3rd wave, positivity around commercial real estate and office occupancy is back. Hybrid model is here to stay with different formats of it being adopted by occupiers across globally.<\/p>\n<p class=\"thoughtdetailtext\"><i class=\"fa fa-star\"><\/i>Launch of 3 successful REITS, investments by large institutional investors in Indian CRE and increase in leasing activity by 15% are huge indicators of the positive outlook for CRE in 2022.<\/p>\n","protected":false},"featured_media":9546,"template":"","thought_cast_category":[763],"_links":{"self":[{"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/thought-cast\/9176"}],"collection":[{"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/thought-cast"}],"about":[{"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/types\/thought-cast"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/media\/9546"}],"wp:attachment":[{"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/media?parent=9176"}],"wp:term":[{"taxonomy":"thought_cast_category","embeddable":true,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/thought_cast_category?post=9176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}