The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
25 DAYS UNTIL OUR UNMISSABLE FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
25 DAYS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
SECURE YOUR SPOTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
OtherStaff WriterTue 18 Jul 17

What Does The Well Workplace Look Like?

52452699_m

The future workplace will look radically different as employers respond to a growing requirement for a work-health balance.

Cushman & Wakefield

have released their "Well Workplace" report on the future of wellbeing in the workplace. The report considers the global phenomenon of the wellbeing industry. It asks what the occupational drivers are, what developers and investors need to consider to mitigate risk and it looks to the future of the "well" office.

Cushman & Wakefield says, "The future workplace will look radically different as employers respond to a growing requirement for a work-health balance. The wellbeing industry is a worldwide global phenomenon, but corporates are only beginning to understand and interpret implications for the built environment. More than a "fad" this is a global socio-economic shift – rue the industry that is not moving to address it.

"Technology has eroded work life boundaries, whilst also empowering employees to change the nature of the work contract. Employees will increasingly choose where they want to work and how they want to work. Technology will allow the relationship between ‘where we are’ and ‘how we are’ to be laid bare, and it will redefine how we determine the value of real estate.

"Most of us work in what are essentially ‘unwell’ offices. Workplaces that are not ‘well’ impair employee performance and are at risk of heightened vacancy levels and loss of income potential. Mounting evidence all points in one direction: wellbeing in the workplace is fast becoming a strategic imperative."

Well Workplace - Making Spaces Human Again from Cushman & Wakefield
The report concludes that both investors and tenants will see returns on wellbeing investment through differentiation, value creation, and risk management.

"Wellness in the workplace has emerged as a critical issue because it is simply too fundamental to be ignored. And the call to action for the real estate industry – and broader built environment – is loud and clear. The design and building of workplaces must change to meet a flexible future. Evidence points to the return on investment (ROI) available to investors and tenants from differentiation, value creation and risk management. We must now encourage the concept of a broader perspective focused on the total value of the investment and where a workplace culture of work-health balance is the norm.

"It can be easy to get distracted by negative noise and spin. We cite disregard as one of the key risks. And so we end with our final call to action: ignore the critics who say the evidence isn’t scientific enough and look to impose a standard of evidence not required for other workplace investment. Bodies of evidence from all parts of the globe prove that well designed workplaces are critical for the health and wellbeing of society. The message to the real estate and built environment sector is clear: prioritise health and wellbeing by making spaces human again." 

OtherOfficeAustraliaArchitectureSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
Exclusive

Tapping the Bunnings ‘Halo Effect’

Taryn Paris
5 Min
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Exclusive

Fortis Reveals Plans for Coveted Bowen Terrace Site

Taryn Paris
4 Min
View All >
Rumi on Louth Villa aerial view
Hotel

Rumi Resort Plots Cabins for Villas Switch on SA Island

Leon Della Bosca
Justin Butterworth will speak on a panel at Urbanity 2025 on the Gold Coast.
Technology

Platforms Pump Up Rental Revolution: Justin Butterworth

Renee McKeown
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
The developer sees opportunity where others see risk, positioning for the next cycle with strategic acquisitions and pat…
LATEST
Rumi on Louth Villa aerial view
Hotel

Rumi Resort Plots Cabins for Villas Switch on SA Island

Leon Della Bosca
4 Min
Justin Butterworth will speak on a panel at Urbanity 2025 on the Gold Coast.
Technology

Platforms Pump Up Rental Revolution: Justin Butterworth

Renee McKeown
4 Min
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
Finance

HCP: Real Projects, Real People, Real Returns

Partner Content
5 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/well-workplace-cushman-wakefield-research