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The Evolving Office: Meeting The Demands Of Tenants
Discover leasing strategies and development upgrades required to attract and retain top tier tenants in London
Event Ended On: Thursday July 6 2023
Registration Questions?
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Event Host
The Forge | Bankside
The Forge, situated in the cultural hub of Bankside just minutes from the Thames, offers 139,000 sq ft of best in class sustainable office space across two buildings ‘Bronze’ and ‘Phosphor’ set around a landscaped public courtyard. Inspired by its industrial past and built for the future, The Forge is Landsec’s first Net Zero Carbon development and the first major commercial development in the world to be built using the highly sustainable platform approach to design for manufacture and assembly (P-DFMA) helping to achieve c.25% reduction in embodied carbon emissions.
Targeted BREEAM Excellent, NABERS UK 5 Stars and WELL Gold, The Forge is committed to delivering sustainable operations and wellbeing to its community. Powered with 100% renewable electricity, including the use of 107 PV panels generating electricity onsite, high performance glazing to optimise temperatures and lighting and rainwater harvesting system, The Forge goes a long way to help achieve occupiers own climate goals and reduced their own carbon footprint. The Forge’s impact on its occupiers has also been carefully considered both inside and out, designed to be bright and airy, with floor to ceiling windows, expansive reception, plus extensive cycle spaces and premium end-of-trip facilities support all journeys to the office. While biodiversity is improved through the introduction of 298m2 of green roof for pollinators and wildlife.
Discover more: theforgebankside.com
Speakers and Panels
Prime strategies: How To Satisfy The Demand Of Occupants In A Changing Office Environment
Achieve Full Occupancy And Optimise Management Of Multiple Tenants
Old but Gold: Upgrading and Repurposing Office Spaces
Discover How To Upgrade And Repurpose Office Spaces To Meet Current Demands And Requirements
2023 UK OFFICE ARTICLES TO READ
- Beware The Tsunami: 3 Things You Need To Know About London Offices
- Derwent: London property investment trust credits ‘busy’ West-End and return to the office for uptake in leases
- ‘Stranded assets’: investors reckon with obsolete offices
- Mayfair Offices Remain Hot Property Amid Weaker Wider Market
- Nuveen Set To Refinance £150M London Loan As Another £270M Office Goes Into Administration
Agenda
| Time | Activity |
|---|---|
|
3:00 PM 3:40 PM |
Welcome, Registration And Networking
|
|
3:40 PM 3:45 PM |
Welcome From Bisnow And Landsec
|
|
3:45 PM 4:30 PM |
Prime strategies: How To Satisfy The Demand Of Occupants In A Changing Office Environment
1. What are the key strategies to get to full occupancy in prime locations?
2. With rising office rents, what do tenants expect from the top end office assets? 3. With shrinking floor plates, more flexible leases and more occupiers per building, how can you optimise management strategies and operating costs? |
|
4:30 PM 5:15 PM |
Old but Gold: Upgrading and Repurposing Office Spaces
1. Is price the central concern for tenants leasing out office space? What else needs to be taken into consideration?
2. How can you best upgrade and repurpose office space in line with EPC requirements? 3. What is the relative risk/reward of an office strategy versus another real estate asset class? |
|
5:15 PM 6:00 PM |
Site Tours & Post-Panel Networking
|
Why This Matters
What You'll Learn:
- The flight to quality is real. But what are the leasing strategies for super prime office space in tier one locations?
- Companies are leasing less space but are expecting better service. With shrinking floor plates, more flexible leases and more occupiers per building, how are operating costs impacted?
- What are the leading development and design strategies to make Class B office attractive again?
- Office conversions: what is the risk/reward of refurbishing office space versus converting to another real estate asset class?
- What is the cost of refurbishing a building now demolition is less of an option, and how do you do it profitably.
Companies are taking up smaller office spaces, and those leasing office spaces must seek to renovate and upgrade their premises if they are to attract tenants, and ensure continued occupancy in the world of hybrid working. JLL also reported in 2023 that the total vacancy rate rose for the second consecutive quarter to 8.4% and remained above the long-term average of 5.4%. However, office tenants signed nearly 600 new leases in 2022, which according to Cushman & Wakefield is the highest number ever agreed. Hear from our expert speakers on what the real-life opportunities and challenges are of investing and developing into office space, what the future holds for in the current climate, and how these schemes are being operated in order to meet tenants' high expectations.
Bisnow events bring together the UK's most influential commercial real estate investors, owners, developers, lenders, occupiers, consultants and advisors for dynamic and unforgettable content and dedicated networking sessions. With the largest audience of CRE professionals in the world, no one knows how to help your business more than us. As always come early and stay late for ample networking — we'll see you there!
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