Health and wellness factors are increasingly influencing real estate decisions, with 60% of organisations across Asia Pacific either running, or intending to introduce workplace wellness programs.
A new CBRE Viewpoint, Wellness in the Asia Pacific workplace, highlights the growing number of companies that are investing in physical infrastructure and wellness programs to enhance employees’ health and wellbeing as demographic, social and technological developments continue to change the workplace regionally.
According to CBRE’s 2016 Asia Pacific Occupier Survey, 30% of office occupiers in Asia Pacific currently run wellness programs, while a further 30% indicated a strong desire to introduce one in the near future.
Further highlighting the shifting focus towards creating healthier buildings has been the rise of companies registering for the International WELL Building Institute’s (IWBI) WELL Building Standard™.
As of July 2017, a total of 146 projects in Asia Pacific had registered for the Well Building Standard, with two-thirds located in China, and Australia being the second largest market, with most projects registered in Sydney and Melbourne.
CBRE’s Pacific Head of Sustainability Emma McMahon said companies were taking a much greater people-centric approach to sustainability – as highlighted from the level of interest in WELL registered projects in the Australian market.
“With up to 90% of businesses costs associated with its people, realising the untapped potential of optimising and preserving the value of their greatest asset, to increase productivity, attraction of top talent and improved levels of engagement,” Ms McMahon said.