essensys, the intelligent digital backbone for commercial real estate delivering digitally-enabled buildings and spaces, accelerates growth in the Asia-Pacific region.
The Digital Cities Index (DCI) 2022 ranks 30 global cities against four key thematic pillars: digital connectivity, services, culture and sustainability. The whitepaper, developed by Economist Impact and supported by NEC, considers the extent and impact of digitisation across the leading digital cities. Asian cities like Singapore, Beijing, Sydney, Hong Kong and Seoul are amongst the top ten most connected cities in the DCI.
Read more here for highlights of the report and the best practices of leading cities and their deployment of digital technology.
Proptech shaping the future of real assets: APREA Leaders’ Congress 2021
Mingtiandi TV office strategies forum 2021: The future of the office
A joint report between PwC and the Urban Land Institute sheds light on the profound changes in ways people use real estate in the post-pandemic world. Commercial real estate is no longer regarded as a plain-vanilla investment held over time. With occupiers demanding more, landlords are becoming more proactive in redefining the office space and the trend of flexible working continues to top the occupier’s agenda.
Instant Offices released the latest research on the Singapore market and the trend is clear: flexible workspace is key to driving agility and delivering hybrid working models. Demand for flex is up 3% compared to the previous six months, term length has increased 33% and the average transaction size is up 32%.
In line with growing demand, supply in the region grew 6% from 2020 to 2021. Despite the continued impact of the pandemic, the drive to flex is attributed to corporate occupiers shifting to flexible space through enterprise solutions and a 14% increase in flex space uptake by tech companies.
With a shift towards a digital-first workplace and the changing needs of customers today, commercial landlords are seeking digital solutions to provide seamless occupier experiences.
Learn more about IDC’s framework and building blocks for Best-in-Class workspaces to align your strategy to today’s shifting market trends.
Explore research that addresses the core disparities between landlord office propositions and what enterprises are looking for in their commercial property.