Creative office / ESG office rejuvenation
The COVID-19 pandemic, and the subsequent normalisation of hybrid working, has accelerated the requirement for offices to provide more than just a desk to sit at and work. As a result, businesses are under pressure to create dynamic workplaces that attract and stimulate their people; with benefits missed from a home work environment, such as in-person collaboration and networking; access to state-of-the-art office facilities; and offer easy access to various amenities; all while meeting the increased requirements for greener workspaces which appeal to a growing ESG aware population.
The result is an opportunity with fringe and CBD-located assets which have or may be repositioned for better ESG performance, which, in turn, extends these assets’ lifecycles and meets strong demand from mid-tier tenants.