With 2017 coming to a close, here’s my take on some key markets, our diversifying client base, the corporatisation of the co-working space, the shift in corporate capital away from bricks and mortar and our new workplace 2.0 offering.
This market has been all about earthquakes as occupiers exit damaged buildings, find alternative space and resolve lease exit obligations. Busy market. We predict at least 2-3 new office building will be unveiled in 2018 to respond to demand for workplace quality and resilience.
Are you struggling to understand how ‘safe’ a potential new workspace is, or need to articulate it to your team or board? Check out Paul Mautz’s latest blog, breaking down the jargon of the National Building Standards, it’s a great read.
Growth. We’ve been involved with a wide range of projects from Orewa to Pukekohe showing how Auckland’s rapid urban expansion is creating cities within cities. More of the same in 2018 as we grow our Auckland based team and welcome Rob Campbell into the TwentyTwo tribe. You can read more about him here.
The sunny part of the golden-triangle! We’ve been actively involved in this region including projects for Tauranga City Council, Toi Ohomai and central government. Did you know property is BOP’s largest economic contributor? In 2018 we will set up a physical presence to support this activity – watch this space!
Our client base continues to grow and diversify. We’ve been lucky to work with diverse clients like ESR, Callaghan, Fonterra, NIWA, NMIT and WelTec/Whitireia for example who all have specialist portfolios. They all have property related challenges. And all need strategic and tailored advice
The demand for co-working or more flexible lease solutions in growing exponentially. We’ll see more “corporatisation” of this offering and a move away from the traditional lease in time. Watch out for my blog in February 2018 on the 4th Real Estate Revolution! Follow us on Facebook, Twitter and Linkedin to make sure you don’t miss it.
More and more clients are looking to the capital markets for alternative funding solutions so they can re-deploy their scarce capital away from bricks and mortar. This is driving more opportunities for divestment, sale and leaseback and alternative arrangements using third party capital and development expertise. This area will continue to grow as large organisations re-prioritise capital into core activity
We’ve been tinkering away on refining our workplace offering. More to be revelled in 2018. In the meantime take a look at what our in-house workplace technology expert, Matthew Rogers thinks about technology in the workplace and how to use it to enable your team…Read more.