Avoid Drowning

An ocean of uncertainty. The real estate market is sailing by sight at the moment. The brokers are trying to keep a smile on their faces and give the impression that everything is going well. Landlords are asking themselves when their tenants are going to come knocking on the door to ask for rent renegotiations. And at the same time, occupants are still asking themselves about the best strategy to adopt when their employees come back to work again. A tense situation for players in the office domain, whose best years would seem to be behind them.

There is no doubt that the market will recover. Probably not before September and the return of employees to the building. This will most often be at a rate of two days of remote working and three days in the office. This appears to be the most favoured formula for the future. Nothing, in any case, will ever be the same as before. Old style offices will disappear far more quickly than we may think. Human relationships will be different, as will those in the professional sphere. A new balance has to be found after months of working from distance.

Within this ocean of uncertainty, real estate developers would seem to be playing the proactive card. They have no choice, some might say. As you will read in this new edition of the Trends Office Guide, new projects are multiplying. Hundreds of thousands of square metres will come to the market over the next few months and years. This responds in advance to the numerous removals which are expected. And it also enables enterprises to adapt to the ‘new ways of working’ and, above all, to rationalise their office space. This therefore looks like being a winning bet in the replacement market which is the reality of Brussels. Because in the future, only the best located and best laid out offices will continue to exist. The remainder – 1, 2, 3 million? square metres out of the total stock of 13 million in Brussels – will then be converted, principally into residential buildings. A veritable race against the clock has thus been set in motion. And this edition fires the starting gun.

Vous avez repéré une erreur ou disposez de plus d’infos? Signalez-le ici

Partner Content