13. Tenancy Concepts and Office Buildings

Question 1

How can maximum value be achieved?

Answer 1

1. Maximise tenant rent - good tenant and design
2. Changing workplace

Question 2

What are 7 resulting trends in office buildings?

Answer 2

1. Focus on total cost per occupant
2. Lowering OPEX
3. Efficient use of space
4. Non designated workstations (open plan)
5. Can attract more tenants with little change to property cost per employee
6. Occupant density changes (leading is 11-12 sqm pp)
7. Floor plate size changes (leading is 2,500 sqm)

Question 3

What are 6 resulting attributes for building design?

Answer 3

1. Large floor plates
2. Column free workplaces
3. Very green
4. Located to suit workers more than customers
5. Hotel like ground entry
6. Flexibility for services and to accommodate future tenant changes

Question 4

What are 3 best practice things for non designated workplaces?

Answer 4

1. Worker needs and workplace strategy - flexibility
2. Collaboration - shared spaces, meeting rooms, phone booths
3. Sociability and well being - central hub or cafe, facilities, ESG