The way employees engage with their workspaces is a major influencer in how landlords are adapting their buildings to meet a whole new menu of requirements.
These days, if tenants want to ensure employee efficiency and positive staff morale, the environment they house their business in is vital. Lifestyle and technology trends are instigating the most dynamic changes within the office environment.
There is an amusing statistic in the US that indicates that people would choose to work for a company that offers an ‘on-site doggy day care’ over a host of other perks. As frivolous as this sounds, it simply drives home the point that society’s changing needs must be met in a building they will be spending a large part of their day in.
And these changing needs are met in an activity-based working environment. In this work space, no one has an assigned workstation. It’s all about choice and a range of different activity areas to utilise, depending on the nature of the work. Employees enjoy the freedom of choosing where, when and how they perform a task, as long as they deliver on schedule.
This work trend allows the business to accommodate more people in the same amount of space – an important fact given a business lifecycle. It also means that space can be maximised to its best advantage (think pause area at base of stairwell or a roof garden on top of the building). This work place flexibility has given rise to a variety of preferred alternative environments to conduct work, whether this is focused or collaborative.
Tenants want to be able to offer activity based choices and office buildings that offer these types of facilities are in a pole position for the options they present. That old property adage of ‘location, location, location’ that is applied to property purchase/rental, is now more relevant for tenants identifying a building to lease. Is it near a coffee shop or gym? Does it have access to green, outdoor space? Is it on a public transport/main arterial route to allow easy access for employees going home/visiting clients? What does the image of the building say about the business?
Today’s landlords need to be future-proofing their buildings to provide tenants with a contemporary environment for collaboration, creativity and productivity. This does not necessarily mean it has to be in a busy hub; it’s more about using the environment within your location to extend your work space offerings.
Employees are looking for work facilities that enhance their flexible lifestyle and buildings with amenities that support this will attract tenants keen to retain top talent.