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Here is a statistic that is hard to believe: Remote working accounted for only 3.4% of the total U.S. workforce population prior to COVID-19, according to Gallup. In fact, many companies, including tech companies such as Yahoo!, famously banned working from home prior to the pandemic because the company craved “increased productivity and a more connected company culture.”
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Here is a statistic that is hard to believe: Remote working accounted for only 3.4% of the total U.S. workforce population prior to COVID-19, according to Gallup. In fact, many companies, including tech companies such as Yahoo!, famously banned working from home prior to the pandemic because the company craved “increased productivity and a more connected company culture.”
Mobile technology is changing the way commercial real estate (CRE) is engaging with tenants and partners, which in an ongoing and post-pandemic world, will become more important than ever before.
Walkability has become an increasingly important strategy for businesses and employers. Prior to COVID-19 restrictions, these “live, work, play” destinations were rising in demand and commanding a premium that companies and individuals/families are willing to pay.
Smart cities are no longer visions of the future, they are here today and look a little different from what the world envisioned pre-2000. Today’s smart cities take advantage of Big Data and Internet of Things (IoT) to create better, cleaner and more efficient urban hubs, making for a better quality of personal and professional life than would otherwise be possible.
The coronavirus pandemic will have a lasting effect on all industries. Navigating what’s next will be one of commercial real estate’s (CRE) greatest hurdles as owners/operators are forced to shift their business plans with a renewed focus on business continuity, tenant health and safety, and building relevance.
As local governments begin lifting stay at home orders and more employees begin returning to the office, research points to heightened employee anxiety stemming from social unrest, COVID-19, and other economic pressures—factors that can negatively impact productivity and overall wellbeing.
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