Guest Post by Sumit Lakhani, Chief Marketing Officer, AWFIS Space Solutions Pvt Ltd

The past year and a half have accelerated the adoption of a seamless, borderless way of working.

The future of workspaces is getting redefined as flexible work hours and remote work become widely accepted. Organisations around the world are quickly realising that individuals or even teams can now interact, connect, and work anywhere and anytime without any geographical constraints. The result? Commercial real estate is adapting quickly and offering a truly global, digitally powered working experience for its occupiers as they gradually adopt flexible work models and cultures.

The office no longer represents a fixed, physical environment where people come, work, and leave. Traditional workplaces have now been replaced with agile ones fuelled by tremendous changes in technology and connectivity, the way people work and globalization. With digital connectivity enabling companies to acquire talent from a global pool, the future of office spaces is likely to remain fluid and this is increasingly driving commercial real estate decisions today regarding new workplace designs and initiatives.

Reimagining workplaces to attract a global workforce

As the concept of a hybrid workforce gains more traction, conventional workspaces will not be able to meet the needs of occupiers – specific office spaces must be designed and built specially to cater to the needs of a global workforce. The way the workplace is designed, the occupier experience, the services and digital tools being provided in the workspaces, occupancy planning and leasing options – all these aspects need reimagining. Commercial real estate is now actively taking into consideration the evolving requirements of businesses and coming up with innovative, enhanced solutions to thrive in a competitive market.

Companies adopting a global approach to work is having a lasting impact on commercial real estate, making it crucial for CRE leaders to tailor make their real estate strategies by determining key areas that needs revamping to deliver an altered, more flexible working experience. With corporate occupiers continuing to experiment with new work models owing to the impact of the pandemic, commercial real estate is responding by making technology enabled, flexible workspaces easily accessible to employees sitting at different locations.

As of now the industry is preparing itself to build technology-driven offices as organisations look forward to accessing top talent and resources across borders. The world is no doubt undergoing a massive workplace revolution, and commercial real estate is leading the change – helping businesses gain access to a huge reservoir of world-class talent by delivering distributed work solutions aimed at offering a comfortable and efficient employee experience, regardless of location.