Smart technology will be the catalyst for change in Adelaide’s office landscape, taking the same focus that sustainability and end of trip facilities did a decade ago.
That was one of the key outtakes of CBRE’s annual Adelaide Market Outlook presentation, which highlighted new measures landlords are taking to capture tenants in an increasingly competitive office landscape.
CBRE’s head of Advisory and Transaction Services – Office Leasing in South Australia, Andrew Bahr, said office landlords were looking beyond the traditional suite of offerings, to provide a more innovative and efficient experience for occupiers.
“With technology becoming more sophisticated and ever-changing, landlords need to look beyond the physicality of buildings, to how they can help drive greater efficiencies and a better customer experience for tenants,” Mr Bahr said.
“With sustainability and end of trip facilities now commonplace features in the office sector, the focus is now on how smart technology is the gateway for the next generation of buildings.”
Mr Bahr said although there was not a substantial pipeline of new buildings being developed in Adelaide, smart technology would be a trend that plays out in the existing market as well
“Given Adelaide’s ageing stock profile, landlords in fact need to work even harder to remain competitive, best future-proof assets in lower market cycles and ultimately add value and drive efficiencies for occupants,” Mr Bahr said.