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Adapting to the new normal

Crisis management, housing and the future of real estate

7 July 2020 |
Active ESG
How can property managers adapt to the new reality of socially distanced spaces? And as the coronavirus pandemic throws into sharp relief the issues of housing affordability, adequate living space and the need for offices, has the real-estate market changed for good? To find out more, watch the replays of our three-part webinar series below.

The coronavirus crisis has had an immediate and visceral impact on the spaces we inhabit. Economies in lockdown meant that offices stood empty, while shopping centres and restaurants were shuttered.

As we emerge from lockdown, countries around the world are plotting their way tentatively through the coronavirus pandemic. But while offices, restaurants and pubs have started to reopen, the coronavirus is still in the community and social distancing must be maintained.

While the focus has been on crisis management and preventing the spread of the virus, the challenges the real-estate industry faced before the pandemic erupted are still there. Creating a stock of affordable housing, improving housing conditions and developing modern, low-carbon methods of construction all remain an imperative. Indeed, the disruptions and hardships triggered by the coronavirus crisis have arguably made these issues more pertinent than ever.

Looking to the future, the crisis has prompted many to suggest the real-estate market will be fundamentally altered. The surprisingly seamless transition to remote working has resulted in the inevitable predictions that the nature of work will change, while the leisure and hospitality industries face considerable uncertainty about their long-term future.

In our three-part webinar series, we heard from our Real Estate team and external guests about three themes: property management, the housing market and the future of real estate. If you missed our webinar series, click on the drop-down boxes below to watch the replays.

30 June 2020: Property management during a pandemic
14 July 2020: The impact of the crisis on the housing market – rental, affordable and social housing
28 July 2020: The future of real estate

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