Research & Insights

Industry Focused Checklists

RECOVERY READINESS: RESTORING RETAIL CONFIDENCE

As retailers and landlords prepare to re-engage the customer, communicating safety, building confidence, and enticing the consumer are paramount steps.

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RECOVERY READINESS: INDUSTRIAL SOLUTIONS

Many industrial-related sectors have been considered essential to the global COVID-19 response, with a significant number of companies continuing to operate manufacturing and distribution facilities.

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THE SAFE SIX: WORKPLACE READINESS ESSENTIALS

The migration from furloughed and Work From Home (WFH) workforce back to places of business will look different for every organization. How can real estate owners most effectively prepare their assets for the return of building occupants?

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RECOVERY READINESS: A HOW-TO GUIDE FOR REOPENING YOUR WORKPLACE

As areas stabilize from the COVID-19 pandemic and stay-at-home restrictions are lifted, organizations will begin to bring workers back into the physical workplace.

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What to watch in 2021: nine signs of recovery in real estate

The reality of an effective vaccine, and the prospect of widespread vaccinations, has sparked hopes for 2021 and speculation about recovery. Cushman & Wakefield research has identified nine signs to watch — signals that could indicate the CRE market and the economy in cities across the globe are transitioning to a recovery phase.

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Workplace Ecosystems of the Future

One thing is clear: the purpose of the office workplace is changing. The pandemic- induced WFH experiment has altered perspectives on work, flexibility and the office. When we get to the other side of this experience and COVID-19 is no longer a lingering health concern, no one is expecting workers to come into the office to primarily answer emails—that and any other heads-down tasks can be done anywhere. So, what purpose does the office serve in the future?

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PURPOSE OF PLACE: HISTORY AND FUTURE OF THE OFFICE

This report is the second in a four-part series that provides a new perspective on COVID-19’s effects on the commercial real estate industry and the future of the office. In this study we partner with senior researchers at George Washington University to do a thorough review of academic literature and industry studies, examining the benefits of office and working from home (WFH) focused on several key areas including productivity, creativity / innovation, corporate culture, branding, employee engagement and walkable places. The learnings from this study also lay the foundation for a part three report that will include occupier and investor input and modeling of future workplace ecosystem scenarios.

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THE CHANGING ROLE OF COWORKING IN THE WORKPLACE ECOSYSTEM

Coworking has become a significant driver of office demand with more than two million people working in over 22,000 coworking spaces around the world in 2019.1 The sector was in its early stages during the Global Financial Crisis (GFC) and experienced explosive growth during the longest economic recovery on record. Not to be confused with flex office spaces, which are custom tailored to how a said goodbye to the popular ‘happy hour’ and hello to social distancing, many were wondering how a sector focused on socialization and community would survive through the pandemic.

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THE IMPACT OF COVID-19 AND OIL PRICE DECLINES ON OIL SENSITIVE OFFICE MARKETS

As the global economy reels under the weight of COVID-19, the oil and gas industry has been affected by another shock as global oil prices have collapsed for the third time in the last 13 years . This decline is compounding the impact of the pandemic in cities where the oil and gas industry is an important, or even dominant contributor to the local economy.

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2021 CENSUS ANALYSIS POPULATION GROWTH

Canada continues to urbanize. With population growth rates reaching up to 10.6%, 18 of the 25 largest municipalities grew at a faster pace than Canada overall (5.2%) from 2016 to 2021. Approximately three in four Canadians lived in one of Canada’s large urban centres.

Although the pandemic effectively halted growth in 2020, Canada remains the fastest growing country in the G7, with the majority of that growth attributable to immigration.

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NATIONAL EMPLOYMENT REPORT – FEBRUARY 2022

CANADA | February 2022

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Research & Insights

Industry Focused Checklists

RECOVERY READINESS: RESTORING RETAIL CONFIDENCE

RECOVERY READINESS: INDUSTRIAL SOLUTIONS

THE SAFE SIX: WORKPLACE READINESS ESSENTIALS

RECOVERY READINESS: A HOW-TO GUIDE FOR REOPENING YOUR WORKPLACE