Cousins Properties’ Post

The Evolution of Commercial Workspaces ☑ Remember the days of fluorescent lights, drab carpets, and zero personality in office spaces? Those days are long gone. We have in recent times witnessed the most rapid and significant shift in commercial real estate, transforming from purely functional spaces into holistic wellbeing hubs that cater to the modern professional . Some factors that lay at the core of this innovation are, Fostering Wellbeing: The pandemic redefined what it means to be a happy and productive employee. Companies are prioritizing mental and physical well-being by incorporating relaxation areas, meditation rooms, and even fitness centers into office design. Flexibility is Important: Gone are the rigid 9-to-5 schedules. Flexible work arrangements and the rise of co-working spaces empower professionals to work when, where, and how they work best. This caters to the ever-evolving needs of a diverse workforce. Accommodating all Walks of Life: Diversity and inclusion are no longer just buzzwords. Modern commercial spaces are designed to be accessible and welcoming to everyone. This includes features like on-site childcare facilities, lactation rooms, and prayer rooms, reflecting the needs of working parents and those with diverse religious backgrounds. The takeaway?   The future of commercial space is all about creating an inspiring environment that goes beyond just a place to work. It's a space that fosters creativity, collaboration, and most importantly, employee well-being. This is the recipe for a happy, healthy, and ultimately, more productive workforce! What office space would you like to work in? Old-school or new age? #RealEstate #Workspace #Property #CommercialProperty #Investment #Business #OfficeSpace

It's the end of January and 2024 is off to a great start! Some exciting things in the pipeline and a lot of changes in store, here are my office market predictions for the year ahead... → More people back in the office – Between 20-30% increase in utilisation across the board → Decisions, decisions, decisions – More confidence in the next 12 months = quicker decisions. Timeline between search and completion is expected to take 6-8 weeks instead of 8-12 weeks. → More serviced offices! – Expected to be more than 320,000 sqft of new serviced office space to be added to the market in 2024. → It’s all about the plants – With an ever increasing demand for sustainability, there will be a continued effort from serviced office providers to become B-Corp and aim for Carbon-neutral goals. Close to 30% of the market expected to be implementing new sustainability programmes in 2024. → Finding that balance – Health and wellbeing is at the forefront of most companies these days, but landlords and office providers are doing their bit too! Over 50% of the market will be offering some form of health and wellbeing perk for your team by the end of this year. Anything you would add?

🏢 🏣 Less exciting, more essential seems to be the focus on office amenities. In the modern workspace, amenities like rock-climbing walls and dog-friendly offices are becoming key to drawing employees back to the office and setting properties apart. Yet, not all flashy amenities prove to be feasible or financially wise investments. At Aquila, we guide landlords and employers in focusing on essential and effective amenities that promise not just appeal but also a solid return on investment, ensuring your property remains competitive and attractive to today's tenants and employees. Learn more in our latest blog below . ⬇ #officeamenities #officefitness #employeewellbeing #wellbeingatwork #amenities

Designing offices for wellness and performance! Explore Bank of New Zealand's innovative approach to corporate wellness with office spaces crafted to enhance employee well-being and productivity. Dive into the details of this workplace design trend. https://hubs.la/Q02lhbX40 #HRInsights

🌿 Channelize Back to Office transition through Wellness Nooks! 🧘♂️🤔 🏢 As back-to-office trends emerge, a question arises: Are we swapping comfort for cubicles? But hold on, there's a thrilling twist in this narrative! 💼🌟 ✨ Ready for a revelation? Wellness nooks hold the office makeover key! From cozy corners for recharging to serene spaces for mindfulness, they're not just for relaxation – they're your productivity's best friend! 🚀 🌟 Envision this: A swift moment of mindfulness in your personal tranquility corner. Or a refreshing pause in a lush green oasis. These spaces aren't distractions; they're the very catalysts to unleashing your creative prowess! 🌿💡 📊 Numbers speak volumes: Companies with thoughtfully designed wellness zones report heightened employee satisfaction, amplified focus, and lowered stress. It's beyond just returning to the office; it's about a visionary reimagining! 🌈🏋️ 🏢 So, 'back to the office' shouldn't equate to reverting to old norms. It's about crafting a workspace that nurtures well-being and fuels innovation. Ready to venture into the realm of the future of work? 🌐🤝 Share your musings on wellness nooks below. 👇 How do you picture a workspace that sparks creativity and fuels your energy? Let's inspire one another! 💬💭 For architecture, visit https://lnkd.in/dy4DmTcU #WellnessNooks #FutureOfWork Office Design

Less Exciting, More Essential. In today's competitive workspace market, unique amenities, from rock-climbing walls to dog-friendly offices, play a pivotal role in attracting employees and determining the success of properties. However, not all high-investment features yield practical returns, posing a challenge for landlords and employers in choosing the most effective perks. By focusing on essential over extravagant, properties can distinguish themselves and ensure a higher return on investment, tailored to meet tenant and employee needs effectively. Aquila is dedicated to helping you navigate these choices to enhance your property’s appeal and functionality. #amenities #fitnesscenteramenity #officefitness #officewellness #wellbeingatwork #wellbeing https://lnkd.in/g7jvpj5w

#SkanskaTalks #SharesandThoughts Enhancing Office Life: Insights from Skanska’s latest survey with Tamara Guleryüz, Leasing & Asset Manager Skanska “At Skanska, we prioritize the well-being and satisfaction of our office residents. Our recent Office Life Experience survey at Equilibrium 1 provides valuable insights into the needs and preferences of our tenants. By focusing on work-life balance, community collaboration and ESG values, we aim to create spaces where people can thrive both professionally and personally.” Discover more about our initiatives and how we are enhancing office life: https://bit.ly/3RUHMAY #Skanska #OfficeLife #WorkLifeBalance #Community #ESG #EquilibriumbySkanska #TamaraGuleryuz

Check out this article highlighting workplace evolution, focusing on adaptability, multifunctionality, and welcoming hospitality elements. The use of innovative, modular flooring with sound reduction can help in creating spaces that inspire collaboration and concentration. Read more here: http://ow.ly/tSV21053jJj #OfficeDesign #WorkspaceInnovation

Those of us involved in the design and management of physical workplaces need a better means of discussing wellbeing. Our physical spaces matter. They impact us physically, socially, and psychologically. In a time when the value of traditional office design is (rightfully) enduring scrutiny, it's important that we can authentically communicate the impact of better office design to the wellbeing of employees, which in turn impacts every organizational outcome. Check out our most recent piece unpacking the ways that wellbeing can be affected by the design of our workspaces here: https://lnkd.in/gDrXDCGX #employeeexperience #employeewellness #employeewellbeing #workplaceexperience #workplacewellbeing #rto #interiordesign

#RealEstateBrokers #CommercialRealEstate #Tenants What #Amenties will attract your employees back to the workplace? Research finds that wellness programs DO NOT create a healthier workplace! Contact our team at Optimal Performance for the evidence for this conclusion 416 860-0002 or J.Sleeth@optimalPerformance.ca So what are two key drivers for employees to return to the workplace? 1. #HealthyBuildings 2. #InclusiveDesign 3. #Privacy 4. #Chose of spaces in which to work Our recommendation at #OptimalPerformanceConsultants is to have an #AccessibilityAudit #HealthyBuildingAudit of your space and all of the Public Spaces, around and inside your buildings. Our firm is the ONLY firm in Canada with #UniversityEducated #BoardCertified #BuiltEnvironmentAuditors who develop Plans & #CapitalFundingBudgets for future #Upgrades #Renovations and negotiations with your #Leesor to upgrade their spaces to truly attract your employees back to the office or attract #employees from a broader population. Our #Audits are also used by your #CRE #FM #Operations #HumanResources teams to determine what spaces will meet mandatory requirements under the #AODA #CRTC #HumanRightsCodes #healthyBuildings @Well for ALL employees. This is all about #IDEA #DEI and #ESG being met by your Sr Executives and business via your buildings/business being accessible for #PeopleOfAllAbilities #Age #gender #Language #Size #Culture To learn more about the benefits of our #Audits contact our team of #Auditors at @OptimalPerformanceConsultants or contact #JaneSleeth #LisaMacVicar 416 860-0002 or INFO@OptimalPerformance.ca @AvisonYoung Colliers Cresa OMERS Crown Property Management Inc. CoreNet Global IFMA CBRE Global Workplace Solutions (GWS) Gensler Figure3 #AccessibleOntario2025 #CorporateRealEstate #healthyBuildings