March 31, 2020

We aren’t even knee deep in 2020, and our TV screens and phone screens have gone viral (pun intended) with COVID-19’s hourly oscillations - pervading our every conversation, our homes, our workplaces…our daily lives.

In the current climate, one thing’s for sure – there’s no dearth of information. In fact, we have an overwhelming amount of it. While this can hamper decision making, when managed correctly, data and information can shape solutions to unprecedented disruptions.

From a real estate perspective, COVID-19 brings the focus back to the ‘bread and butter’ aspects of property services and management. Today, temperature checks and rigorous cleaning are not unfamiliar at the scene of commercial and even residential buildings. If we travel further up the food chain, though, we will find the data from lease administration systems which help to activate the workplace and facilities management apparatus in times like these. For example, data on headcount and workstation occupancy data can help determine quantities required for the procurement of cleaning products, face masks, and more.

In “normal” times, access to a complete and reliable data set helps you to understand your real estate portfolio, the amount of space you have and leasing events.

In today’s uncertainty, the importance of risk mitigation procedures has crystallized, and so too has the need for robust data in building business continuity plans and optimizing your real estate portfolio so that it is future-proof and compliant. It is these databases which will empower us to stay ahead of the curve, in the hopes of flattening the curve.

Reach out to [email protected] to understand how CBRE can assist in developing a lease administration system to provide governance and risk mitigation now.

Disclaimer:
The views and opinions in these articles belong to the author and do not necessarily represent the views and opinions of CBRE. Our employees are obliged not to make any defamatory clauses, infringe or authorize infringement of any legal rights. Therefore, the company will not be responsible for or be liable for any damages or other liabilities arising from such statements included in the articles.

The future for Singapore office

The future for Singapore office

The Importance of Technology for the Future of Real Estate

The Importance of Technology for the Future of Real Estate

Covid-19 has propelled technology adoption five years forward in a very short time span . During an insightful webinar hosted by Client Care, we asked a select group of investor, occupier and developer clients to weigh in on how technology will transform the future of real estate
Portfolio Planning in the New Normal

Portfolio Planning in the New Normal

Developing the right location strategy for happier employees & productive workplaces