How Will COVID-19 Reset Corporate Real Estate Strategies In 2022?
14:30 - Wednesday 6th October 2021Management
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Before the COVID-19 pandemic, corporate organizations leveraged their properties primarily to support talent attraction and retention, as it was the core driver behind strategic decisions about commercial real estate. Even during the height of the pandemic in 2020, talent remained top of mind. But for 2021 and beyond, cost control has lurched back to the top of the corporate agenda, as it did in the immediate years after the 2009 financial crash.
How does this objective translate into technology purchase decisions? The principal way is that there will be a lot more interest in technologies that can boost organizational resilience and mitigate financial risks. These will include, for example, software to enable agile working with desk hotelling, lease management solutions to support portfolio consolidation as well as subleasing, and the use of software to co-ordinate reporting processes for real estate climate risks to financial stakeholders. This session will reveal critical insights from Verdantix’s latest survey of over 250 real estate and facilities management decision makers. Attendees will hear about how COVID has transformed real estate strategy agendas, and what this means for the adoption of smart building technology in the next three years.Show all sessions
Speaking at this session
Ibrahim is a Senior Analyst in the Verdantix Smart Buildings practice, which he joined in 2016. His current agenda covers innovation in software and hardware solutions for space management, workplace management, and workplace systems integration. Ibrahim holds an MSc from Imperial College London and MA from Cambridge University.