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The future of the office lies in the village 2.0

Author

Listed:
  • Groeneveld, Petra

    (Director, EQUANS Integrated Facilities Management, The Netherlands)

  • Veeke, Rob

    (Independent Consultant, The Netherlands)

  • Muijen, Jaap Van

    (Professor, Nyenrode Business Universiteit, The Netherlands)

Abstract

Developments around the workplace have accelerated fast as a result of the COVID-19 pandemic. Those developments will inevitably influence the commercial property market. Demographic changes will dramatically shift the workspace as baby boomers retire and make place for a new generation. Digitalisation has become democratised. These trends will affect the office of the future, which will need to be a place that offers recognition, inspiration and even a sense of security in the midst of all the upheaval. What then are the consequences for the way real estate is planned, designed, built and operated, if living and working are in transition? A sustainable office or company building is more than a property that scores well with regard to economical energy management. The building, maintaining and exploitation of properties all require a holistic approach. The most important consideration when building new properties is that buildings have a huge influence on the well-being of their users. Real estate should no longer lag behind, but become leading instead. If you believe the environment is a form of organisation as well, and that buildings can make people sick as well as productive and happy, it is about time the real estate community finally uses its enormous power as a force for good to support and boost the transformation of the jobs market and society as a whole. An open, village-like environment in which pupils and apprentices can learn from each other and work and leisure time blend together does not benefit from a rigid, hierarchical structure. In order to give the new villages 2.0 a chance, a first, very practical step must be taken. Therefore an urgent appeal must be made to the generation that is now at the helm. These baby boomers are about to retire, but carry the special weight of stewardship on their shoulders.

Suggested Citation

  • Groeneveld, Petra & Veeke, Rob & Muijen, Jaap Van, 2022. "The future of the office lies in the village 2.0," Corporate Real Estate Journal, Henry Stewart Publications, vol. 11(4), pages 377-385, June.
  • Handle: RePEc:aza:crej00:y:2022:v:11:i:4:p:377-385
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    More about this item

    Keywords

    village 2.0; sustainability; demographic changes; hybrid working; ecosystem; meaningfulness; psychological well-being; human system; holistic approach;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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