The Future of Office Space

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What you need to know in 90 seconds

The effects of COVID-19 have raised fundamental questions for the office sector, including new approaches to space utilisation, the reassessment of premises strategy and the nature and scale of office demand, combined with the implications for rents and capital values. Major changes are already taking place and a key question is whether these will be in place for the short term or whether we are seeing structural shifts that will persist going forward.

In this report, we examine four key areas central to the office sector’s future in the context of nine core APAC Grade A office markets: Shanghai, Beijing, Tokyo, Hong Kong SAR, Singapore, Bangalore, Sydney, Melbourne, and Auckland:

-The Pandemic’s Impact on Office Fundamentals
-The New Office Space
-The Evolution of Flexible Workspace 
-Investor Sentiment in Uncertain Times 

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The Future of Office Space

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Related Experts

Doug Henry

Managing Director | Occupier Services

Sydney CBD

Doug has over 30 years’ experience in occupier and institutional real estate and currently leads the Australian Occupier Services business at Colliers International. That comprises business specialising in occupier needs: tenant advisory, portfolio and transaction management and workplace management services. Doug's focus is on building long term strategic partnerships with major occupier clients and developing a highly coordinated approach to account management and delivering Real Estate solutions that align to business strategy. 

Doug's extensive experience in Workplace Strategy, Property Management, Occupier Negotiations and Integrated Facilities Management and Account Management enables him to focus the considerable resources of the Occupier Services team to achieve measurable results for the clients he works with.

Specialties:

  • Tenant Advisory
  • Industrial Advisory
  • Project Management
  • Facilities Management
  • Occupier Technology
  • Outsourcing
  • Workplace Management
  • Account Management
  • Integration of business units
  • Occupier Research
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Simon Hunt

Managing Director | Office Leasing

Melbourne CBD

As the Managing Director of the Office Leasing Division my team includes over 100 staff and more than 75 leasing operatives across every State and Territory. I have been with Colliers International for 25 years, joining the Office Leasing team in 1993 and worked my way up to Managing Director in 2005.  Along with managing the Office Leasing National Team I hold a number of senior positions within Colliers including a member of the ANZ Executive, Executive Leadership Team and Senior Leadership Team.  I am a Licenced Estate Agent and a member of the Real Estate Institute of Victoria, Property council of Australia and RICS - Royal Institute of Chartered Surveyor.

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John Marasco

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Melbourne CBD

I have been with Colliers International for over 25 years and am the Managing Director of Capital Markets & Investment Services, Australia as well as the State Chief Executive of Victoria.  

I have established a strong reputation in the Capital Markets space and have formed close relationships with major investors and institutions on a global scale. In recent years, I have negotiated some of Australia’s largest real estate transactions and have been instrumental in successfully brokering many substantial transactions with overseas investors entering the Australian market. My extensive connectivity in the global real estate market can unite capital with local expertise, regardless of location.

Our national Investment Services business represents market specializations including Capital Markets and Investment Sales. The two clear divisions servicing the Australian commercial office market ensures complete market coverage, efficiency and premium experiences and successes for our clients. 

‚ÄčAs a long standing senior member within Colliers International, I have played an integral role in contributing to the business's success in Australia. I hold a number of senior positions with Colliers including a member of the National Executive Board. I am committed to the success of the business by providing our people with the tools they require to deliver incomparable service and results.

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