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Rethinking the Office Sector

27/09/2023
Identify obsolescence risks. Implement repositioning and repurposing strategies.

How can the traditional office continue to survive in the face of changing user needs, increasing implementation of desk sharing and the resulting reduced demand for office space, as well as economic challenges and increased ESG requirements?

The office market is undergoing a transformation that poses major challenges for owners of office properties. The property itself is not immune to these changes. The demands that users place on their future space are too great and too varied. Office users strive for the highest quality at all levels - the "flight to quality". Properties that do not provide this will no longer be marketable in the future, in other words: obsolete. Landlords of such properties must therefore invest more in sustainability, fit-out and the well-being of employees.

This is exactly where our study "Rethinking the Office Sector" comes in. It examines the factors that increase the risk of obsolescence. And it provides suggestions as to which market conditions and requirements determine the orientation of office properties currently and in the future. 

We do not just provide a comprehensive analysis of the causes, but above all with a solution-oriented perspective. Our focus is on “Rethinking” and aims to encourage owners to respond to changing market demands and realize the full potential of their properties.

 

Focal points of the study:

  • Risk factors for obsolescence
  • Rethinking: Solutions for owners to reduce obsolescence risks
  • Interviews with industry experts
  • Case studies on rethinking projects
Businesswomen working in separate cubicles in modern office Businesswomen working in separate cubicles in modern office

"Now that hybrid work has become the standard for most companies, owners must actively invest in the quality of their property."

Heiko Himme | Rethinking Representative Germany

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