Top commercial real estate trends of 2021 to watch out for
With COVID-19 forcing the Real Estate sector to rethink the way they work, market demand for office space has rapidly changed. As a result, the focus of the office has evolved: from property assets to people. John Williams, Head of Marketing and Research at Commercial Property Specialists Instant Offices provides an insight into the biggest commercial real estate (CRE) predictions of 2021 that are expected to bring significant changes to the market in the next 12 months, which suppliers will need to adapt to – or else get left behind. Office Space Locations Will Change The corporate footprint will become more dispersed and diverse as more people demand office space closer to home. The need for more agility will lead to an increase in demand for quality office spaces in urban and regional areas. While this will inject investment into such places, this trend may see demand outstrip supply. Meanwhile, the cost of office space in city centres like London could decline…
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Savills Investment Management (Savills IM), an international commercial real estate investment manager, has signed a lease extension agreement for the Gdański Business Center office complex in Warsaw with KMD...