Swire Properties’ Post

Hybrid working has indeed had an impact on Singapore’s office-centric culture according to Alan Cheong, Executive Director of Research and Consultancy at Savills Singapore. Additionally, ESG demands from overseas occupiers will be the catalyst for repurposing sub-prime properties going forward. Read more in part four of Savills Offices in Equilibrium Q&A series, at Savills Impacts. http://sav.li/az3 #hybridworking #hybridworkingspace #primeproperties #SavillsESG #SavillsImpacts

Hybrid working has indeed had an impact on Singapore’s office-centric culture according to Alan Cheong, Executive Director of Research and Consultancy at Savills Singapore. Additionally, ESG demands from overseas occupiers will be the catalyst for repurposing sub-prime properties going forward. Read more in part four of Savills Offices in Equilibrium Q&A series, at Savills Impacts. http://sav.li/az3 #hybridworking #hybridworkingspace #primeproperties #SavillsESG #SavillsImpacts

Hybrid working has indeed had an impact on Singapore’s office-centric culture according to Alan Cheong, Executive Director of Research and Consultancy at Savills Singapore. Additionally, ESG demands from overseas occupiers will be the catalyst for repurposing sub-prime properties going forward. Read more in part four of Savills Offices in Equilibrium Q&A series, at Savills Impacts. http://sav.li/az3 #hybridworking #hybridworkingspace #primeproperties #SavillsESG #SavillsImpacts

Singapore Business Review: Savills reports that only 0.2% to 0.5% of Singapore’s office stock needs to be repurposed annually compared to global averages of 0.7% to 0.9% by 2033. This reflects the effectiveness of the country's utlisation of office stock.    “Efficiency is key, especially given high office rental costs, resulting in tenants increasingly opting to reduce the size of their offices by boosting space efficiency,” says Vincent L., Executive Director of Project Management at Savills Singapore.   Alan Cheong (GradStat), Executive Director, Research and Consultancy at Savills Singapore comments, “Whether it’s the greening of older buildings or the repurposing of offices, the role of the government is key in achieving those aims.”   Read more here: http://sav.li/afi   #savillssg #repurpose #retrofit #officespace #efficiency #officestock #singaporeoffice #green Wen Fang Tai Zhen Zeng Bryan Tung (CIPM, CPM) Hong Meng Wong Christine Lim Kelvin Ong Rick Tum Tai Lyn Telford Tan 🌈 Candela Chan Marie Ong Will Forwood Venice C. Daniel Chin

Understand the benefits to the end user and the benefits to you as developers and or occupiers - Ensure the property is being managed to hit the ESG and sustainable targets to future proof your investment and keep evolving in a good sustainable and smart way. #jllpropertymanagement #greenleasing #sustainableoperations #ESG #Smartbuildings Jirayu Ruttapradid Thananun (Tony) Ruengveeravich Chakrapan Pawangkarat Natcha Taepongsorat Nattapoom Vittavatchutikul

🌐 Sustainability has become a top priority for businesses, as failing to adapt quickly can have negative impacts on the business. Currently, the principles of ESG (Environmental, Social, and Governance) are being applied in business to develop sustainable offices. This not only responds to the demands of society and the environment but also greatly benefits businesses in this era. Developing sustainable offices with ESG principles helps businesses reduce unnecessary resource usage, decrease pollution, and create a healthier and safer work environment for employees. All of these lead to increased job satisfaction, productivity, and long-term cost savings. Additionally, using ESG principles enhances the attractiveness of the business to customers, investors, and stakeholders looking for sustainability and social responsibility. Businesses that demonstrate serious commitment to ESG principles often have a positive image and a competitive advantage. For this reason, to help your business develop a sustainable, environmentally friendly, and beneficial office, adopting ESG principles is a worthwhile investment in terms of finance, resource utilization, and social responsibility. If your business wishes to implement ESG in your new office building, JLL is ready to provide guidance and services. 🌎 📍 Read more at: https://co.jll/3UHmf0b 👉 For consultations on office leasing or more information, contact JLL Thailand experts at: https://co.jll/3UGksZd #JLLThailand #OfficeLeasing #JLLOfficeForRent #ESG

The office space vacancy rate in #Belgrade has further decreased in the second quarter of 2024, reaching a low of 6.4% for both class A and B office space. This presents a greater challenge for those searching for office space in the capital of Serbia. -Check out the latest #OfficeMarket trends in CBRE’s Report https://lnkd.in/d4AyvCAh ❗ And if you need assistance in finding new office space for your business – feel free to contact me. CBRE South Eastern Europe (SEE) Advisory & Transaction Office department offers a wide-ranging advice on all aspects of lease acquisition and disposal: ➡️ Analysis of current lease situation; ➡️ Analysis of current market rents; ➡️ Defining new space requirements; ➡️ Stay vs Go Analysis; ➡️ Identifying and Evaluating relocation options; ➡️ Evaluation of financial and non-financial aspects; ➡️ Negotiating the lease terms.   #OfficeLease #VacancyRate #CBRE

Catherine He, Head of Research at Colliers Singapore, shared her insights with Business Times on the 3.1% increase of office rents in the central region of Singapore in Q2 of 2024, reversing a 1.7% decline from the previous quarter. Read the full article here: https://ow.ly/zbmx50SMOGI Reach out to our experts Tridiana Ong and Agnes Heu to strategise your office planning with the latest insights. #ColliersSingapore #PropertyTrends

Wow, that is proofing a point, for all the people at Deloitte at that time in my teams (IT, Facilities and Real Estate) and the support from the Board, that helped us to push the envelope against all odds of, installers, builders and advisory/engineering companies, that in any way possible tried to stop us from using the latest and greatest in technology. Imagine alone the effort we put in with Philips (now Signify), to build us a new lighting system, where fixtures run op PoE (Power over Ethernet), where sensors would give us detailed usage information on the building and localization of individual to allow control over light and temperature with a smartphone app, all while fluorescent tube light originally was planned to be installed. Congratulations to DEKA, the owner of The Edge, that had the guts to buy the building, which they referred to as a “Computer with a Roof”. For all of the startups we’ve worked with than are now well established companies in their respective businesses, like Mapiq, Vecos and others. At the same time I’m a bit said to see that we still have to fight every single day with real estate developers, advisory services and engineering companies to make better buildings, not because it’s not possible, but because of their limited normative behaviour. That is complying with things like BENG, EDPD-III, BREAAM, Well or any other standard seems to be good enough. These standards are way behind current technology capabilities and provide an absolute minimum a building should do. Only recently a book published on smart buildings listed The Edge as #3, not bad for a 10 year old building. The single IP infrastructure for that building gives it the core capability of keeping up-to-date and allows Deloitte and DEKA to upgrade it and maintain a highest score on BREAAM, but more important a building that works for the people at Deloitte.

At Leesman, being a B Corp isn’t just a title, but a part of everything we do. As we enter B Corp Month, we are reflecting on how our commitment to the B Corp ideals shines through the experiences of our customers, fellow champions of social and environmental responsibility. Arup’s dedication to sustainability and wellness was recognised with a Leesman+ certification, a Platinum WELL Certificate, and a WELL Health and Safety rating for their new office space in Melbourne. These accolades underscore their approach to business, where environmental and human wellbeing are integral. Data from Leesman’s survey reveals a significant convergence of experience, wellness, and sustainability, and Arup’s new space is built with this in mind by prioritising environmental and employee wellness features. These efforts have not gone unnoticed; post-occupancy, 85.3% of employees hold a positive view of the company's environmental sustainability, a notable increase from 49.8% pre-occupancy. Read more about their success story: https://lnkd.in/e5wjGekn #sustainability #wellbeing #bcorpmonth