For commercial property, the immediate impact of coronavirus clearly left London, particularly the City, “a ghost town”. To make those office blocks virus-safe for Recovery will also bring disruption: “There are challenges within even brand new buildings, such as capacities around the lifts and getting people up to high floors.
From surviving to thriving: How real estate leaders are reimagining the future
The commercial real estate sector had quite a lot on its plate: moratoriums on rent, large areas of cities going quiet due to lockdowns, and major debates sparking about the very future of the office. At the same time, other voices on the question of ‘People, Planet and Profit’ were also beginning to be heard across the sector, with debates over a sustainable building and creating a greener urban habitat getting louder. To help find answers, TechPros carried out a survey of UK-based Land & Property practitioners to get their views on these issues. We carried out the research with the support of Esri UK.