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COVID-19 reshaping the Sri Lankan Real Estate Market: Impact & Outlook
COVID-19: Real estate implications
JLL Names Siddharth (Bobby) Mehta Chairman of the Board of Directors
Experts consider the future workplace as workforces stay productive at home.
Landlords are incorporating flexible space in their buildings, prioritizing it as an essential feature. By doing this, they aim to unlock more cash flow and even build a pipeline of future tenants.
Flexible space remains popular among start-ups and small firms. But now even corporate occupiers are increasingly incorporating it into their Asia Pacific leasing strategies.
Organizations launch programs that address mental, physical, and emotional health
Workplace data is bringing customised insights into how companies can best keep their employees safe as offices reopen their doors.
From living walls to stone floors, natural materials are becoming more widely used in the workplace.
Automation and proptech have been in focus during the COVID-19 outbreak
Quiet zones, amenities for parents and gender-neutral facilities are increasingly common for companies seeking to nurture a diverse range of employees.
Companies are upping their sustainability game amid the tussle to attract and retain talent
Companies are looking at how to make their workplaces work for everybody
Whether you operate or own a supermarket, a retail chain, an educational institution or hotel, keeping a tight rein on facilities management processes and cost is important for the bottom line
Most of the firms are now seeing the importance of innovating and digitalizing various aspects of their business to better serve clients and to improve productivity and efficiency.
Data and analytics play an important part in the corporate real estate (CRE) industry and will only become more pivotal in the next couple of years.
Plan Melbourne aims to bring back walkable suburbs as city planners in Australia and globally see the value of making places less car dependent.
Leaps in technology have brought our everyday lives closer to the storylines of science fiction films.
Today’s landlords are increasingly aware that incorporating high-quality space for collaborating and socializing in their office buildings is a better way to catch the eye of companies hunting for new premises.
It takes 21 days to shake a habit and at least two months to make a new one, if you believe general wisdom on the matter.
Find out why job-seekers are now seeing facilities as a benchmark and employers have to put greater thought into using perks to recruit and motivate staff.
Companies with a diverse workforce are better able to win top talent and improve their customer orientation, employee satisfaction, and decision making
As your organization grows and aims to increase its global footprint, you need to take into account how conditions in a city impact your business activity.
In an office planning world where seats no longer automatically equate to people, ratios matter. Concurrent shifts toward greater workplace density and desk-sharing are challenging a decades-old notion that “people” and “seats” are interchangeable for planning purposes.
The global pandemic Covid-19 has undeniably impacted the short-term economic growth, bringing vexation to the Real Estate sector in Sri Lanka. The report focuses on the practical challenges faced by real estate asset classes and outlook on how they will adapt to the ‘new normal’ while encountering re-entry to the market.
This updated report looks at the lessons from China, the global policy response and the practical challenges businesses will face for re-entry, as well as capital market implications and sector-specific impact.
Comprehensive update on CRE market for Colombo
Quick overview of Office, Residential and Retail Market of Colombo
The beginning of a new workspace culture
Sri Lanka, the fabled ‘Pearl of the Indian Ocean’, with a total population approaching 21.0 million people is creating wealth steadily, and is transitioning to join the ranks of higher middle-income countries from the previous lower middle-income category.
Sri Lanka is now in the midst of a promising period of rapid economic growth and social development, driven largely by investments into infrastructure across the country as well as continued growth in the services sector, which now contributes 58% of the country’s GDP.