Office Pods Could Pave A Path For Landlords
A new report from Cushman & Wakefield has shown that Singapore and Shanghai are two cities that excel in their creation of office pods, which could be an ideal solution for landlords looking to bring tenants back into their buildings.
These pods are rentable and offered on a pay-as-you-go subscription model, allowing workers the chance to work as flexibly as needed.
For instance, Singapore-based company Switch says its pods are the “world’s first workplace on-demand platform.” Currently, the company has over 30 locations across various properties including retail malls, hotels, coworking spaces and more.
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Shanghai property development firm Shui On also features office pods in their managed spaces, which are used on average for 4.3 hours each day according to Cushman.
“It offers optimal conditions for productivity, as well as the mental and physical health benefits of getting out of the home environment when working remotely,” the report said. “Users can also benefit from simple reservation and pod access through a mobile application, ensuring a frictionless experience.”
Not only are these pods beneficial for workers, but companies can use them as recruitment and retention strategies, while expanding their talent pool.
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