A few clear trends emerged as we collated data and insights from each country for our recent Asia Pacific Fit Out Cost Guide. Throughout this five-week series, we are sharing some of the key themes that stood out across the region.
#3 ESG strategies are becoming more practical
Sustainability is still a priority for occupiers in mature markets, but the conversation is shifting from ratings and certifications alone towards more practical ways to improve energy performance. Here are some of the common themes we heard.
- Occupiers are thinking about sustainability before the lease is signed, spending more time selecting sites with the right sustainability features, lower climate risks and better energy performance to save on long-term costs.
- There is a growing trend toward well-designed spaces, without necessarily having them accredited. The goal is spaces that make better use of natural light and materials to use less energy and better support how people work.
- Multinational companies are building out their sustainability plans programmatically at a regional or global level, then cascading this consistent, repeatable approach to all offices for economies in time, cost and effort.
In short, the focus is expanding from targets and certifications to long-term performance and practical, well-designed spaces.
