Committed to pushing boundaries, Daniel
says it’s time for businesses to think straight and talk straight about AI, and to put it front
and centre of their business practice. Doing so will transform not just how they work but
where they work, presenting a challenge for workspace providers. If they meet it, they’ll be
rewarded. If they don’t, they’ll find their futures at risk. Daniel predicts how new technologies
will evolve over the next three decades and how they’ll reshape the world of work.
Office real estate has long been viewed as a dependable asset class with predictable
returns. Today’s accelerated pace of change brings uncertainty and raises questions about
investment, valuation, consolidation and even contraction. How has the market evolved?
Converging forces are radically changing where and how we work. Organisations are rethinking office
space to inject flexibility, reduce cost and drive enterprise performance. In the UK flex is leading the way
with flexible workspace contributing to 35% of commercial property transactions over the past 12
months in London, despite only making up 6% of total office supply. What does this mean for returns
and what is next for the sector?
The barriers between the live/work divide are blurring and ushering in a new era of space as a service. It is
no longer enough for an office to be simply a piece of real estate; occupiers want facilities and
technologies that not only let them do their jobs, but foster wellbeing and a sense of community. In the
age where on-demand is king, offices and the services they offer must evolve to take the form of what
their occupiers want, when they want them. More than ever, landlords and occupiers need to work
together to stay ahead of the curve when it comes to creating offices for the streaming generation.
This July, Santander bought its successful concept, the Work Café to Leeds City Centre. First
developed in Chile in 2016 and since grown to over 50 Work Cafes globally, the workspace
in a previous closed branch, offers free co working spaces, meeting rooms and events to
local businesses and entrepreneurs.
Urban environments can impose significant stresses on workers, depleting their
concentration, limiting their ability to tackle complex work and potentially threatening their
mental and physical health. Josh’s business Centric Lab look at urban environments
through a neuroscience lens to understand the links between people, place and
performance. They help designers, place makers and developers dynamically respond to
urban challenges and create places that enhance human performance for the workforce of
The UK planning system is full of quirks that are quite unique to this country – the likes of
rights to light and viewing corridors are open to more interpretation than elsewhere in the
world. Recently, the City of London Corporation released the country’s first “wind
guidelines”. Would a more objective planning system encourage more development and
create a more liquid market?
In a connected world tenants want connected buildings that can accommodate advanced
technologies with ease. Property businesses want technologies that will make their own
processes efficient and sustainable. Both hope technology will improve their interactions.
Flexible workspace occupies more than 5% of the office market, but there is still no
established way of calculating the value of a building containing operators, whether they
occupy just a couple of floors or the whole asset. Also an emerging issue where operators
set up an SPV and, if the office isn’t performing for them, they can dissolve the company
which renders the lease null. Do flexible office providers need to be stabilised as tenants
and how can this be done?
There has been a big shift towards occupiers trying to use their space more efficiently –
taking smaller sq ft offices and minimising the
space required for desks. The UK government in particular has done a huge reduction in
space per employee in recent years. How is this likely to affect the office market in the
future, will we actually end up with too much space? Should developers be anticipating
this shift in building design?
Nature has been perfecting resource efficiency, closed-loop design and energy economy for
billions of years. It’s time we started learning some of its lessons. Michael will reveal how
bio-mimicry can empower us to create effective workspaces that maximise resources,
regenerate waste and lower construction and running costs. He’ll challenge us to face the
threat of climate change head on, and by creating visionary working environments that
rejuvenate the planet and the bottom line.
Please note: Information correct at time of publishing. Programme and speakers subject to change.