Time Savings
Impact: More working from home
Office
Re-imagine workplace strategy; make workplaces centres of engagement; extend the workplace to homes; invest in digital platforms.
Residential/Build-To-Rent
More developments on urban fringes / commuter towns that appeal to CBD workers; residential building design to improve the home office.
Retail
Regeneration of suburban retail strips in suitable locations.
Data Centres
Increase supply of data centres as more businesses move to cloud data storage / computing.
Retail
Reposition larger retail assets to account for lower levels of bricks and mortar retail sales; support retailer omni-channel strategies.
Impact: The innexorable rise of ecommerce
Logistics
Infill developments near population bases and secondary stock repurposed for
last-mile delivery.
Cold Storage
Supply more cold storage facilities as online grocery shopping increases.
Industrial
Diversity supply chains for increased resilience; increase supply of industrial stock for
local manufacturing.
Impact: From offshoring to onshoring
Office
Develop workplace strategies with large corporations to onshore call centre (and potentially other) jobs.
Hotels
Focus on attracting domestic tourists in the absence of overseas visitors.
Impact: Partial border closures until 2022
Retail
Landlords need to be accommodative to struggling CBD retailers; avoid oversupply of large format retail based on the temporary spike in household goods sales in 2020.
Residential
Avoid oversupply of inner-city apartments.
Office
Workplace strategies for hybrid workforces; flexible solutions amidst economic uncertainty.
Impact: Cost reduction
Residential/Build-To-Rent
More developments on urban fringes / commuter towns that appeal to CBD workers but have a lower price point.
Student Accomodation
PBSA providers should pivot to domestic students.
Retail
Invest in technology that can automate processes and functions and reduce labour costs.
Office, Retail & Hotels
Current measures taken will gradually be withdrawn - take the view that most measures will be temporary and don’t overinvest.
Impact: Social Distancing
Hotels
Fewer travellers means that hoteliers need to reduce fixed cost elements to operate
more efficiently.
All Sectors
Awareness that investors and occupiers are placing greater importance on ESG considerations, a trend that will continue; WELL certification for health and well-being
in builings.
Environmental, social and corporate governance
More local, less global
The recessionary shift to thrift
A healthier future
Time Savings
Impact: More working from home
Office
Re-imagine workplace strategy; make workplaces centres of engagement; extend the workplace to homes; invest in digital platforms.
Residential/Build-To-Rent
More developments on urban fringes / commuter towns that appeal to CBD workers; residential building design to improve the home office.
Retail
Regeneration of suburban retail strips in suitable locations.
Data Centres
Increase supply of data centres as more businesses move to cloud data storage / computing.
Retail
Reposition larger retail assets to account for lower levels of bricks and mortar retail sales; support retailer omni-channel strategies.
Impact: The innexorable rise of ecommerce
Logistics
Infill developments near population bases and secondary stock repurposed for
last-mile delivery.
Cold Storage
Supply more cold storage facilities as online grocery shopping increases.
Industrial
Diversity supply chains for increased resilience; increase supply of industrial stock for
local manufacturing.
Impact: From offshoring to onshoring
Office
Develop workplace strategies with large corporations to onshore call centre (and potentially other) jobs.
Hotels
Focus on attracting domestic tourists in the absence of overseas visitors.
Impact: Partial border closures until 2022
Retail
Landlords need to be accommodative to struggling CBD retailers; avoid oversupply of large format retail based on the temporary spike in household goods sales in 2020.
Residential
Avoid oversupply of inner-city apartments.
Office
Workplace strategies for hybrid workforces; flexible solutions amidst economic uncertainty.
Impact: Cost reduction
Residential/Build-To-Rent
More developments on urban fringes / commuter towns that appeal to CBD workers but have a lower price point.
Student Accomodation
PBSA providers should pivot to domestic students.
Retail
Invest in technology that can automate processes and functions and reduce labour costs.
Office, Retail & Hotels
Current measures taken will gradually be withdrawn - take the view that most measures will be temporary and don’t overinvest.
Impact: Social Distancing
Hotels
Fewer travellers means that hoteliers need to reduce fixed cost elements to operate
more efficiently.
All Sectors
Awareness that investors and occupiers are placing greater importance on ESG considerations, a trend that will continue; WELL certification for health and well-being
in builings.
Environmental, social and corporate governance
More local, less global
The recessionary shift to thrift
A healthier future