It is forecasted that the FM market is to see rapid growth in the next five years, with the APAC region becoming the largest FM market in the world by 2025 driven by economic growth, commercial construction and a rising culture of services outsourcing. This being the case, firms have come to realize that partnering […]
Office Space Management Services Archives
2019: EXPECTATIONS FOR THE ROAD AHEAD
The real estate industry in India is going through what can be described at best as ‘interesting times’. Policy changes in 2017 led to a lot of expectations of 2018, including easing of teething problems with RERA and GST .and a new order of transparency and efficiency. While 2018 lived up to a fair number […]
Tenant Improvement
Tenant improvement allowance is an important factor in lease negotiations. It is a type of agreement that states that the landlord will compensate the tenant for all or a portion of funds required to fit-out in the leased commercial space. When entering into a new lease agreement, both tenants and landlords need to be clear […]
Agile Workplace
As companies focus more on about how employees work and what they need to be effective, the concept of agile organisation is emerging as the new dominant organisation paradigm. Companies from startups and online businesses to world-class organizations such as Google and Deloitte have started employing the ideas of agile, where employees can complete work […]
Intellectual Property and Data Protection in Today’s World
Consider this, a firm contracts an employee from an IT company to work on a project. After completion of the project, the contract employee publishes the code written for the project on a public platform online. This is not a hypothetical scenario, but something that has actually happened. Another instance is that of Chinese intelligence […]
Ghost Kitchen and The Impact on Commercial Real Estate
After a hectic day at work, the last thing one would want to do is to cook. So you grab your laptop and order in. While you may think the food is being whipped up at a nearby eatery, it’s increasingly likely you’re ordering from a ‘ghost’ kitchen with no physical location. Ghost kitchen, also […]
Concierge Services – Creating Better Workplace Experiences
As the marketplace continues to be highly competitive, more and more attention is being paid to enhancing the workplace experience. Companies around the world are focused on creating a workplace that enables a culture of trust, boosts productivity and ultimately increases their business performance. Employers are cognizant of the fact that an effective work-life […]
Artificial Intelligence Set to Change The Dynamics in Logistics and Warehousing
According to a report by Supply Chain consultancy Armstrong and Associates; “U.S. warehousing costs for 2017 were estimated to be $148.7 billion, a 3.3% increase over 2016’s $143.7 billion. Nearly $70 billion of that tally, $68.6 billion, was attributed to commercial warehousing, and the third-party logistics (3PL) value-added warehousing and distribution (VAWD) market accounted for […]
Smart Cities and CRE: Vestian Leads the Discussion
How will smart cities and smart buildings impact commercial real estate? Vestian brought together government and transit leaders, corporate real estate end users, top legal minds, and industry veterans with Smart Cities experts Melanie Nutter and Brenna Berman to discuss this exciting and evolving topic. Melanie opened the discussion by describing the potential environmental benefits of […]
Why Intelligent Buildings Require ‘As A Service’ Model for Their BAS Management
An Intelligent Building works seamlessly across processes, platforms and systems to provide building users with the best possible outcomes for a great user experience. The basic elementof an intelligent building is Building Automation System(BAS), which comprises of HVAC, Lighting Controls, Fire and Safety, Power meters, alarms and faulty mechanism warning systems to list a few. […]