Workplace

Are Fitted Suites So Fitting?

“Spec”, “as new”, “retrofitted”, “existing”, “partial”, “ready-to-occupy”, “move-in ready”, …. fitout. Anyone involved in the CRE office market at the moment is bombarding or bombarded with spec fitouts (brand new) or existing fitouts (not brand new). All are “fitted” suites. There are many really good quality...

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Where Are We At: Occupancy Levels

What is the difference between office space occupancy and office space utilisation? In essence one is used by the supply side of the office equation (Lessors), and the other is used by the demand side of the equation (Lessees). We look at “occupancy”. Here is an...

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Get Used To It: Remote Work Is Here To Stay

Following on from last week’s Creview (Remote work or office absence), we rummaged through our “read-later pile” and found a Stanford Institute for Economic Policy Research team’s (Jose Maria Barrero, Nicholas Bloom and Stephen Davis) report titled "The Evolution of Working from Home”. There are 3...

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Remote Work or Office Absence?

Last week we spent 3 days in the middle of Queensland with Capricorn Space searching for property.  We covered about 1000 kms in 2 days and worked as we travelled. We even had connectivity almost 200 kms from the nearest main regional centre. This got us...

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Hybrid Workplace Confusion Rules

Hybrid would have to be the most used word in the CRE industry today. Surely, remote is second as it forms part of most peoples’ interpretation of hybrid. Our view, hybrid is the mixture of in-the-office days and out-of-the-office days. Some like hybrid and others don’t....

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