With higher utilisation of AI, IoT, cloud computing, and mobile technologies, all impact the security of people, the assets, and also the data collected.
In the coming months, a lot of IT/ITeS companies will go for rationalization of manpower and will look to optimize their office real estate portfolios. These firms would consolidate offices across various locations and move to smaller cities.
Supply chains disrupted. Reverse migration of workers. Macro-economic uncertainty. WFH becomes the new norm. All of these factors, and more, are leading to major tectonic shitfs in the real estate industry
The evolving COVID-19 crisis is prompting companies to re-evaluate their commercial real estate strategies, with a focus on enhancing resilience measures, says a report by JLL
Even as the residential market continues to struggle, commercial spaces continue to see large investment inflows, a steady rise in rentals and falling vacancy levels
