Officebroker.com is rebranding as Officio to move away from the broker model and aid clients in finding long-term solutions, rather than completing short-term goals.
Companies need to catch up with the times
Workplaces have drastically evolved over the past five years with flexible working driving a big chunk of the transformation. This has led to advanced expectations of the workplace, more digital nomads, and an increase of companies adopting flexible options overall.
Flexible schedules are one of the biggest changes seen in work atmospheres. Now, the traditional 9-to-5 has been revolutionized as technology allows us to log on from anywhere in the world. This has birthed a 24-hour culture, where employees can work at any point in the day.
Communication in the workplace has also changed dramatically. Email is the biggest method of communication over phone or face-to-face interactions.
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With such technological advancements, being present in the work environment has a different meaning aside from physically being in the space. It’s more about efficiently communicating with colleagues, the flow of information, and successfully operating everyday tasks.
Companies will have to inevitably adapt to the changing technology and communication methods that are weaving into the workplace. Businesses who do not adopt these practices risk losing talent.
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JLL research revealed that Dallas-Fort Worth is ranked 12th out of the country’s top 15 coworking and flexible space markets, taking up 3 million square feet of space.
Office provider LABS has launched its 96,100 square foot flagship property LABS House in Bloomsbury, London that features coworking, offices, and full-service dining.
Cool office interiors are ideal at first glance, but looking into a company’s principles, such as gender equality and flexibility, will be the factors that retain talent.
Colliers International revealed the success of the office market last year due to high demand for coworking and tech firms, but predictions for 2019 are uncertain.
Shared office space providers as tenants have become the norm for many landlords and building owners, and now many REITs have adopted coworking as it continues to expand.
Brookfield Properties has teamed up with Convene to spruce up the 73,000 square foot Brookfield Place into a full-service events venue that accommodates up to 500 people.
Many coworking operators pride themselves on massive, rampant expansion, but some industry experts believe this growth could lead to failure and consolidation in 2019.