Valuing coworking and serviced office businesses
Whether you are a buyer, a seller or just a keen observer you may be wondering what are the factors that go into determining the value of a coworking or flexible office site or portfolio. Well, there are several ways this can be done, so let’s dash through a few of them and then focus on what I observe is the primary method.
Commercial office buildings: Nero fiddles while Rome burns
A new wave of tenants will be attracted to and pay a premium for truly compelling workspaces, the likes of which are currently rare. In particular, there is an opportunity now to transform secondary assets (A- to C grade) into customer-centric individualised offerings.
4 foundational insights for expanding your coworking business
4 key tips for expanding your coworking business
Flexible workspace industry is hindered by a lack of transparency
Transparency is fundamental to enduring investor and consumer confidence. If the flexible workspace sector is to mature into its rightful place in the commercial real estate sector and a vital service to occupiers, change is needed.
3 obstacles to near-to-home workspace becoming a pillar of hybrid workplace
For many employers, near-to-home workspace will be a vital component of their hybrid workplace planning. Here, we examine how ready the Australian market is to support its implementation.
A missing link in flexible workspace offerings – and why landlords hold the key.
Occupiers are increasingly telling me of their need for a wider range of office products - highlighting market gaps. An important deficiency is the supply of well-appointed managed suites.
Another future of office survey?
Henry Ford is purported to have said, “if I had asked people what they wanted they would have said faster horses.”
The results of customer surveys can be skewed by them not knowing what is possible.
Mirvac launches new coworking space.
Mirvac has launched a coworking space in a former bank branch.
Wooing people back to the office.
Landlords need to do everything in their power to attract workers back into the office as soon as government regulation permits. A failure to do so could have a significant impact on demand for commercial office space.
Preparing office precincts for post pandemic.
Large landlords each represent billions of dollars. That value, traditionally perceived as inherent, is under threat.
The impact of COVID on the future of flexible workspace.
Bioom’s top six predictions for the impact of the pandemic on the flexible workspace sector.
Why these are Sydney’s 3 best lobbies.
Going are the days when an office building lobby’s distinguishing features are its great expanses and expensive finishes. Increasingly, it is recognised that a lobby’s critical success factor is how it makes people interact and feel in the space.
Why should enterprise pay attention to coworking?
The seemingly unstoppable growth of coworking in Australia has businesses and governments wondering what it all means to them. How much disruption will it bring to traditional real estate models and workplace, and where might the opportunity be?
Rethinking asset value proposition.
Almost every business sector has a clear idea as to who its customer is. But does the commercial property landlord?
Principles of 'set design' promote productivity.
While fundamental change can be deeply disruptive and can compromise productivity, small change in the workplace can have a positive impact on the workforce.
Landlords establishing direct relationship with coworking customer
A recent announcement by British Land is an early indicator of an emerging trend in which landlords take a more direct role in providing customer-centric vertically integrated solutions.
Where do you do your best work?
Those who I put this question to often look at me like I am trying to trick them, and there is relief when I hint that they can give more than one answer.
For most of us the best place to do our work will depend on what we need to be productive in at the time.