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4-Traders Homepage  >  Equities  >  Nyse  >  CBRE Group Inc    CBG

Delayed Quote. Delayed  - 02/11 04:00:00 pm
23.5 USD   -2.12%
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CBRE : Holmes Investigates: Landlords are starting to think about in-built connectivity ; This month, commercial property super sleuth Theo Holmes from CBRE...

02/11/2016 | 03:16am US/Eastern

Holmes Investigates: Landlords are starting to think about in-built connectivity ; This month, commercial property super sleuth Theo Holmes from CBRE dons his deerstalker and gets out his magnifying glass to investigate digital connectivity in office buildings

I read an interesting statistic recently that 60 per cent of the jobs in 2025 have yet to be created. It's a tough one to get your head around, so what does it mean? In short, it means that as technology advances, new and different jobs will be invented. Who knew ten years ago that app designers and social media managers would be actual jobs? Maybe Steve Jobs, but he's an exceptional case.

According to research conducted by CBRE, technology will have a profound effect on future employment and the workplace.

The findings of the research have been published in a report called 'Real Estate and the Community - Mapping Outcomes for the Future'.

The report examines the relationship between buildings and their surrounding environments, focusing on how global trends will change the way buildings are developed and managed in the future.

One of the core trends to emerge from the research is the impact of innovation and technology and the requirement for office buildings in the future to have in-built connectivity, for example, high-speed fibre optic broadband, as standard.

No more waiting for an engineer to install the line, occupiers will be able to move in, plug in and log on.

Some landlords have already recognised this trend and are installing fibre optic broadband as part of the Cat A installation in their buildings. For example, Bruntwood at The Cornerblock and TCN's redevelopment of the Assay Office on Newhall Street will both have high-speed broadband as standard.

Furthermore, TCN will charge tenants for the broadband at cost to offset the fact they haven't been able to choose their own provider. Clever.

It's also an indication of the type of tenants these buildings are trying to attract.

Birmingham is a city in transition. We have seen the major infrastructure changes and now we are beginning to see an emergence of new sectors and start-up businesses.

Last year, Birmingham registered more start-up companies than any city outside London, retaining its title as the most entrepreneurial regional city in the UK. One of the reasons for this is the city's strong digital connectivity.

As the CBRE report concludes, location, location, location' has been the real estate mantra for many years, but the future norm is in fact 'connectivity, connectivity, connectivity'. To survive, and thrive, buildings and workplaces must adapt to cater for the changing demographics. Simply put, the future is coming and our success or failure is determined by how well we engage with it.

(c) 2016 ProQuest Information and Learning Company; All Rights Reserved., source Newspapers

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