For many of us 2020 will be remembered as the year of “Changing Things”. Will 2021 be associated with profound, disruptive change in the real estate industry? Here we present selected trends that could have the potential to change fundamental structures and ways of thinking.
"How do we want to work in the future, after the pandemic?"
Many have integrated the office into their private living space due to the pandemic situation. Nevertheless, there will be a return to the "new normalcy," but how can the Office meet the new demands of users? The Office could provide space for individuality, become a place where teams can meet and collaborate in a casual atmosphere, yet there are spaces and retreats for individuals. It could be a combination of places that allow concentrated work and rooms that allow a family atmosphere. However, a well thought-out concept of space allocation is only one part of the whole. The office could set itself up as a new social interaction point, stylish textures and color concepts could increase the user's sense of comfort. The pure focus on functionality could give way to the concept of "LivingSpace". The lease management of Apleona Real Estate elaborates new space concepts for our customers and takes into account the new requirements of the users. We are not only active in planning, but also involved in the implementation of numerous projects. Our team of experts in construction project management takes care of architects and specialist planning in accordance with HOAI as well as project management in accordance with AHO.
"Will there be both a downsizing and a shift of office space in city centers?"
For decades, city centers have become central places for office culture, these are surrounded by shopping opportunity, dining and cultural facilities. The city center offers many amenities due to its density and shortness of routes. However, the topic of whether there will be a shift in office space in the future is a matter of public discourse in numerous trade journals as well as social media. The volatility of the office market appears to be greater than in other sectors, although this is equally dependent on location. Diversification of office space may well be realistic. Incentives for a partial relocation of offices from large cities to suburban centers are offered by the significantly lower rental and purchase prices. Users could be provided with a larger office area, combined with the same or lower costs for the companies. By "downsizing" office space in city centers in favor of "upsizing" space in suburban centers, the retail and residential segments could also change and shift substantially. Opinions are increasingly divided as to whether major cities will remain the hubs of economic growth, or whether a trend toward "upsizing" space in suburban centers or "downsizing" office space overall will develop. Numerous firms may face difficult decisions about how to position themselves in the future. "Hot desking" concepts are also conceivable, which could allow users more flexibility and agility. Our leasing experts are available to our customers in both the retail and office sectors, analyzing developments on a daily basis and knowing the markets.
"How much sustainability do we allow?"
The term ESG (Environmental, Social, Governance) is gaining central acceptance in the real estate industry at this point of time. The awareness that it takes active action, sophisticated concepts and the courage to try new things to realize ESG goals seems to be taking root. The introduction of ESG indicators and the constant optimization could also contribute to the realization of economic successes and benefit the building users. At Apleona Real Estate, we support our clients in all aspects of ESG, ensure the legally compliant operation of real estate and combine ecological and economic components to protect resources and safeguard investments by optimizing properties.
Will certain trends become established in the real estate industry in 2021? What is your opinion?