The World Property Journal is citing a JLL Asia Pacific survey, conducted in June, that reports more than “93 percent of corporate real estate leaders believe their business or recovery plans to mitigate the impact of the pandemic will be successful.

JLL reports that nine in ten believe that these plans to mitigate the impact of COVID-19 will be successful and have faith in their workforce to cope with the current crisis. A majority of leaders also expect total footprint and number of sites that they maintain to remain the same or even increase, according to the article. 

Moving into the post-pandemic era, JLL expects four implications for commercial real estate as CRE leaders look towards enabling success in this era of evolving change:

  • Priorities for health and wellness will transform real estate portfolio mix to accommodate a more distributed and liquid workforce.  
  • A mix of CRE strategies will be needed to achieve the de-densification of office space.  
  • Technology will be critical in enabling the success of new working models.  
  • Higher acceptance of remote working will impact future CRE investment.