LUXURY offices, smart buildings and mixed-use developments are among the global real estate trends identified by property investment firm Hines for 2022.
After almost 2 years of working from home, some companies are itching to build stronger teams and collaborative cultures among their employees through hybrid or on-site work arrangements, said Laura Hines-Pierce, Hines’ newly appointed co-chief executive officer (CEO).
“We’re seeing focus on the highest-end trophy office spaces, because that’s the type of space employees would really want to come back to,” she said. This includes spaces like One Museum Place in Shanghai, One Vanderbilt in New York City and the Salesforce Tower in San Francisco, she noted.
“Tenants want to be there, and I think investors want to own trophy offices, because they see their long-term value,” she added.
She also added that Hines is providing value-add services such as training and hospitality programmes to boost customer experience in its luxury offices.
“Beyond that, we’re continuing to partner with our largest clients and tenants. We discuss what’s important to them, and how we can help them to solve their individual challenges,” Hines-Pierce said.