Top commercial property trends for 2022
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Every industry has been heavily impacted by the COVID-19 pandemic, especially commercial real estate. With many companies making the shift to home working, it has left a big question mark about the future of commercial property. While there are many individuals who have enjoyed the opportunity to work from home, there are still many individuals and companies who are eager to get back into the office and continue to expand their business.
There is still a growing demand for commercial property, with the addition of new and innovative features. Here are some of the top commercial property trends for 2022.
Innovative technical spaces
As demand increases for hybrid working, the technology needs to be able to cope with this demand. To minimise disruptions, technology and software need to allow employees to be able to set themselves up quickly both at home and in the office. Commercial properties need the capability to be equipped with high-spec technology and software, such as high-speed internet, collaboration tools, video software, and much more. This may also be a service expected to be supplied by commercial property landlords to make their space more attractive.
Attractive office spaces
With the demand increasing for more home working, businesses are looking for attractive office spaces to help entice their employees back to the office. When you look at office spaces such as Google, businesses are attempting to locate a property that will enable them to replicate similar modern, and welcoming spaces. They want buildings with the capabilities of convenience and comfort. These are typically properties located in big cities or the company will consider commercial demolition which enables them to create a customised space.
Repurposed office spaces
Some businesses are going in another direction and looking to repurpose commercial property into their office and create a unique space. These companies are taking non-office buildings, such as hotels or cafes, and transforming them into comfortable spaces for employees.
Sustainable office spaces
Commercial properties, especially those located in large cities, have been reported to account for a large majority of the city’s emissions. With sustainability taking centre stage, many businesses are looking to play their part in reducing their footprint by investing in commercial property that is sustainable or upgrading old properties to be more sustainable. Sustainable buildings typically have one or more of the following features:
- Built with eco-friendly materials such as recycled materials and plant-based foams
- Uses renewable energy sources such as solar power
- Dual plumbing systems to conserve more water throughout the building
- Uses smart technology to track and reduce energy usage
- Built with green roofing to provide a rainwater buffer, absorb carbon dioxide and purify the air, regulate the building temperature, conserve energy inside the building, and promote more biodiversity.
These have been reported to have a plethora of benefits to the environment and can help boost a business profile by reducing the carbon footprint, increasing energy efficiency and making the building more cost-efficient.
The commercial property trends of 2022 are all ways that will benefit the business, employees and the environment, as well as reduce costs. So there’s no wonder the industry is heading in this direction.
