Market Insight

What’s next for the workplace?

February 23, 2021

The disruption caused by the pandemic has called into question current working practices and this is rapidly changing  the design, location and tenure of the workplace.

All of a sudden, the workplace looks less relevant and occupiers are re-thinking their property needs. So, what should occupiers be looking for from their offices, to ensure that they meet the needs of their business now and in the future?

What to look for

Flexible working is now widely accepted, so you will want an office solution fit for this new norm, which bring teams together and improves operational agility.

Plan ahead

If you have a lease event in the next 12-36 months, act now to re-plan how you work to reduce occupation costs, whilst making the most of market conditions and incentives in your favour. It’s an occupier’s market, so be sure to leverage this to your advantage.

The potential benefits in terms of your bottom line, as well as your employee wellbeing and staff retention rates could prove to be significant as a result.

Questions to ask yourself

  1. How much space do I need to support a more flexible working strategy? Our occupier experts will calculate your space requirements based on your new strategy.
  2. How can my existing offices be retrofitted for today’s needs? Our team of building surveyors and office design experts will show you what is possible within your budget
  3. When is the best time to move or renegotiate to get the best deal? We will analyse the pros and cons of staying where you are and will help you to negotiate the best deal
  4. What market incentives are available for me? We know the market and will explore every avenue to save you money on your occupation costs.
  5. What is available in the market and at what cost? We know what is available both on and off-market, and what represents a good deal. We can also negotiate this with your objectives in mind.
  6. What IT solutions are available to support our new workplace strategy? We can introduce you to the latest prop-tech to minimise running costs and manage occupier density, access and security.

Vail Williams can help

Whatever size of organisation you have, our office occupier team has the market knowledge and experience to help deliver your emerging workplace strategy.

Whether you are consolidating or expanding office space, you need a short-term flexible solution, or you are looking to acquire freehold for the longer term, our team of 15 office agency experts, chartered building surveyors and fit-out designers can help.

We will shape your future office requirements, find the right solution for you and manage the process all the way into occupation, safeguarding your interests financially and operationally along the way.

It starts with an informal chat, where we work to understand your business, culture and strategic objectives.

We then deliver the best possible office solution to meet your future needs.

If you would like to discuss your office needs with our team, don’t hesitate to get in touch.