Click here For most commercial tenants approaching the end of their lease, a “Stay Vs Go” decision will be faced. Many important factors go into this decision and in 2020/2021, there will be even more to consider. COVID has led to a sudden and rapid change in the workplace landscape. There are new behaviours among tenants and their workers – some which will outlive the health crisis and influence “Stay vs Go” decisions for years to come. In addition, the need for most businesses to cut occupancy costs has led them to re-visit their property strategy. Landlords have responded to these changes quickly, adopting new flexibilities in their lease terms in order to hang on to good quality tenants and a steady income from their assets.
How the ‘hub and spoke’ approach will change the way we think about commercial real estate.26/8/2020
The moratorium may have been extended to the end of December, but businesses still need to plan for the future direction of their workplace. Workplaces will never be the same. People’s expectations have changed in terms of what they want and need from an office and this will significantly impact future property decisions.
The “Hub and Spoke” is an approach that we have helped clients implement as they face growth, downsizing or other major changes within their organisation. When executed correctly, the Hub and Spoke method can improve business’s bottom line while boosting productivity, performance and wellbeing among staff. With restrictions set to ease and budgets thrown out the window for this financial year, many organisations are rethinking what the NEW norm looks like. Studies are already revealing that Australia’s workforce has enjoyed numerous benefits of working from home, among them, reduced commuting, increased work-life balance, and greater productivity. As a result, many workplaces are now looking at how they can support this newfound flexibility and reduce their operational expense.
The concept of ABW, or agile working is receiving a lot of attention, and while the past couple of months have been manageable for the short term, there are a number of key factors that should be considered before investing in this approach for the long term. What are the steps we’re taking in 2020 to make the workplace more inclusive?
Across Australia workplaces are adopting practices and designs that celebrate the individual differences of the worker. Where diversity was once unique to the common workplace, it has now become a legal responsibility, with laws in place to ensure all types of workers are accepted. But these days, workplace design goes far beyond legislation. Client: YSAS, Melbourne
This leading NFP agency enables young disadvantaged people to access the resources and support they require to lead a fulfilling life. In recent years, the YSAS team has increased in numbers and in 2018 the organisation called upon BRM to help it maximise its current workspace in order to fit more workers and create a healthier and more productive working environment. Christian Thompson - Parenting Research Centre Parenting Research Centre offers a unique service with the mission of helping children and families thrive by helping governments and community agencies put the best scientific evidence on parenting support into action. This fantastic organisation is changing the way we approach parenting support and helping Australian children thrive.
Christian Thompson joined Parenting Research Centre in 2008 bringing with him a rich history of not-for-profit management experience. BRM Projects has worked with Christian across a number of projects and we had a chat with him about how he sees his workplace. Accommodation Strategy For OzChild South & East Melbourne BRM’s extensive experience collaborating with not-for-profit and child-centric organisations has been reflected in a fantastic outcome for the accommodation strategy of OzChild, whose South-East operations were facing significant growth. Just this week, OzChild, under the guidance of BRM Real Estate, signed a long term lease at the former ATO building in Mason St Dandenong for what will become its first major office hub, in Victoria’s south east and the blueprint for future national offices. This is the first step in executing an accommodation strategy that BRM Projects has been involved in from late 2016. We are excited to move forward in implementing the next stages of the strategy, together with OzChild, in establishing the most effective workplace solutions for its expansion.
BRM Real Estate has secured a long term lease for OzChild at 14 Mason St Dandenong. The deal is the next exciting step in the execution of the national service provider’s Accommodation Strategy, facilitated by BRM Projects.
BRM Projects has provided strategic property advice to its client, OzChild for over one and a half years. Its sister company, BRM Real Estate finalised the lease, on behalf of OzChild, at the former ATO Building, 14 Mason St, Dandenong in mid July 2018. The property will become OzChild’s first major office hub for Victoria’s South East and the blueprint for future offices. The lease, which was secured through negotiations by BRM Real Estate and Josh Tebb from Jones Lang Lasalle, is the first in a number of leases for OzChild being sought after by BRM Real Estate. When creativity, innovation and collaboration come together in the right workspace, great things can happen.
At BRM Projects, we think we’ve created something great in Co. Create - the co-working space designed to enhance innovative thinking in the disability, health and human service sectors. |
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