Space optimization refers to the measurement and analysis of how effectively a company’s physical workspace is being used. This concept goes beyond merely tracking the number of desks or rooms available; it delves into understanding the actual usage patterns and occupancy rates of these spaces. Conducting a space utilization study is crucial for organizations aiming … Read more
Corporate Real Estate (CRE) portfolio reduction is the strategic process of downsizing a company’s real estate assets for space optimization, operational costs reduction, and enhanced overall efficiency. In today’s rapidly evolving work environment, characterized by the rise of hybrid work models, this approach has gained significant importance. Companies are increasingly finding that their office spaces … Read more
In a time where sustainability has become a global adoption, the role of facility management for environmentally responsible and resource-efficient buildings is more critical than ever. This article dives into the concept of facility management sustainability, exploring its significance, the inherent challenges and solutions, and how cutting-edge technology and software are pivotal in driving these … Read more
In today’s rapidly evolving business landscape, where 70% of operational costs are tied to facility management, developing a solid facility management strategy is not just beneficial—it’s essential. Facility management (FM) goes beyond overseeing physical buildings; it enhances the efficiency and longevity of an organization’s assets while ensuring a safe, productive working environment for all. But … Read more
Hybrid working models seem to be the new way to balance work and life. Approaching work life in a more flexible way marks a significant shift in the business world, in which work arrangements are adaptable and sometimes even customizable. This recent approach has taken the business world by storm in the aftermath of the … Read more
A retrofit program offers the opportunity for property owners & developers to extend beyond the realms of sustainability and energy efficiency. Adopting a holistic retrofit vision that incorporates measures to improve employee well-being and enhanced user experience into retrofits can create unique value and differentiation opportunities. In this article we’ll delve deep into: Retrofitting for … Read more
The CRE landscape has shifted, making investments more challenging. With changing work dynamics and declining demand for office space, many properties risk becoming obsolete. This transformation has led to intense competition, creating a buyer’s market and favoring high-quality spaces. Developers face tough decisions amid uncertainties, including shifts in demand and macroeconomic factors like inflation and … Read more
The commercial real estate sector faces increasing pressure to upgrade outdated assets due to regulatory demands for improved environmental performance and shifts in work patterns reducing space demand. Elevated tenant expectations further necessitate properties supporting wellness, flexibility, and collaboration. These factors create a need for strategic sustainable retrofits to reduce the sector’s significant emissions contribution. … Read more
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