Iconic Offices’ Post

We’ve launched a masterclass with Workplace Trends . If you’re looking to sharpen up your research skills in order to better understand workplace experience give this a look!

It was a blast diving into the data and trends shaping the "New Normal" in Dallas/Fort Worth's office market with my colleague Andrew Matheny! Together, we explored how Dallas is leading the nation in office foot traffic recovery, with Uptown even surpassing pre-pandemic levels. Key highlights include: - Midweek Momentum: Tuesday through Thursday are the new power days, with attendance recovering to 70-75% of pre-pandemic levels. - Growth Outlook: With 105,500 new office-using jobs projected over the next five years, the future of work in DFW looks brighter than ever. - Densification in Action: Companies are reducing office space per employee by 10%-30%, aligning with trends to rightsize portfolios, balance growth opportunities, and accommodate hybrid work models. #CushmanWakefield #ThoughtLeadership #DallasOfficeMarket #FutureOfWork #HybridWork #CommercialRealEstate

ICYMI: Discover what's driving retention and engagement at the Best Workplaces in New York, Chicago, Texas, and the Bay Area. Learn how one workplace is leading in building awareness and belonging with an annual summit and gain a deeper understanding of company culture. Dive into our insights: https://bit.ly/3Voa5Zd #GreatPlaceToWork #GPTW4ALL #BlogRecommendations #CompanyCultureMatters

Today's #ColliersQuickHits looks at the change in work culture, location, and habits. Read on to see how investors can stand out from the competition. #ColliersCapitalMarkets

#CRE Returning to the #office in 2025 will increasingly be driven not by mandates, but by the recognition of the genuine value of being together – connecting, collaborating and building relationships that cannot be replicated in the virtual world.

Whether in the office or within my advocacies, one of the values I hold dear is empowering workplaces through a diverse, equitable, and inclusive workforce. As part of our journey toward integrating and supporting Diversity, Equity, and Inclusion (#DEI) in our buildings and our organization, NEO Office PH is first office developer in Southeast Asia to achieve the WELL Equity Rating from the International WELL Building Institute (IWBI). I highly encourage other real estate companies to consider the WELL Equity Rating which serves as a roadmap towards a more positive and people first work culture that promotes employee well-being, productivity, creativity, problem-solving innovation, and diverse perspectives.   Learn more about the WELL Equity rating and IWBI : https://lnkd.in/gWQjf-3n https://lnkd.in/gDsX_65h #theNEOway

Aussies are back in the office big time in 2024, with a 33% jump in office utilisation since late last year—the highest since early 2020. Euan Black from The Australian Financial Review explores why in this piece about the evolving workplace landscape and tightening job market featuring data from XY Sense and commentary from Alex Birch. "Midweek days are booming, letting businesses and employees reap the benefits of face-to-face collaboration while retaining some flexibility. The challenge remains how to improve the operational efficiency of office buildings which are largely empty from Thursday evening through Tuesday.” Have you noticed your offices are busier this year? What challenges and opportunities does this present for your team? #workplacestrategy #WUI #workplaceutilization #hybridworkplace #workplacexperience #workplacedesign

The finance sector and Gen Xers are leading the return-to-office (RTO) movement. Cities like New York, with a significant presence of Financial, Insurance, and Real Estate sector employees, are ahead in the office recovery curve. Our recent white paper delves into evolving office patterns, such as: 🖇 The TGIF work week is now a key aspect of the hybrid work model. 🖇 New York and Miami lead in office recovery, with overall 2023 foot traffic nearing 80.0% of pre-pandemic levels. 🖇 San Francisco trailed other major cities in 2023, with office building foot traffic 55.1% below 2019 levels. However, it saw the highest YoY visit growth among analyzed cities. 🖇  High-income young singles and affluent Gen Xers are proving pivotal in the RTO trend, shaping office recovery dynamics. Read the full analysis (link is below in the comments). #finance #realestate #hybridwork

Sentiment is worse than reality in commercial real estate. Premier workplaces continue to outperform. Office usage in key cities continues to increase as CEOs offer high quality, well-amenitized, and well-located workplaces as an incentive for their employees to come together to collaborate and grow. BXP, Inc. Chairman & CEO Owen Thomas joined David Westin on Bloomberg’s Wall Street Week to discuss. #RealEstate #CEOInsight #CRE

Innovation districts are an emerging trend that employers are using to attract workers who have become accustomed to remote work since the pandemic. Providing amenities in offices or close nearby is especially appealing to younger Americans including millennials and Gen Z, according to Erik F. Williams, Partner and Real Estate Department Vice Chair at Saul Ewing LLP. "I've watched sort of the evolution of the office market, and the live-work-play model," he said, while adding younger generations want to live in suburban markets with workplace innovation districts. "It's intentionally designed like this, you can recreate sort of the environment of dense urban living in a suburban market, where you have apartment bars and restaurants, laboratories, offices, all co-located in a single district," Williams said. To read the full article in BenefitsPRO, visit: https://lnkd.in/e5B7667G #InnovationDistricts #GenZ #RealEstate