Personnel Today: The evolving role of HR in real estate decision-making
"In an era where real estate decisions are increasingly people-centric, the role of HR teams in selecting office spaces has become a hot topic"
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"In an era where real estate decisions are increasingly people-centric, the role of HR teams in selecting office spaces has become a hot topic"
"Prime office rents in major cities around the world have risen 3% in the past year, while significant premiums have emerged for top-tier space over the wider Grade A market"
"Concessions and inducements hold sway"
"In the post-pandemic era, best-in-class office space is vital, attracting talent, fostering community, and enhancing well-being. Limited prime stock and a lack of development may impact take-up levels going forward, creating investment opportunities in refurbishing secondary assets for evolving business needs"
"Improving occupancy rates, increasing competition for top-quality spaces, and emphasis on sustainability have supported office demand over 2023 and look likely to continue through 2024"
"2022 European office take-up reached 2% above the pre-pandemic average"
"European occupier demand intensifies for the best space as prime rents rise by an average 5.5% YoY"
"The answer lies in an understanding of what occupiers want from their offices"
"The role that a refurbishment can play in the delivery of quality workspace is becoming more important."
"Central London office take-up predicted to reach 8.2 million sq ft in 2022 as most occupiers look to maintain or add space"