FUTURE TRENDS IN PROPERTY: TOP COMMERCIAL REAL ESTATE SPEAKER CONSULTS

Ask a commercial real estate speaker and thought leaders will note that the topic has been in the news a lot lately for many reasons…

• Impact of remote work – With more people working from home during/after the pandemic, there are questions from commercial real estate speakers and others about the future office demand and how much space companies will need. Some predict declines.
• Retail apocalypse concerns – Store closings and retail bankruptcies, especially among brick-and-mortar chains, have led to higher retail vacancy rates. Online shopping is shifting demand.
• Urban exodus – As some city dwellers move out to suburbs and smaller metro areas, say the best commercial real estate speakers, the residential markets may be impacted in certain downtown areas.
• Struggling hospitality and entertainment venues – Travel restrictions and event cancellations have severely impacted hotels, airports, convention centers, sports stadiums, theaters and more.
• Reimagining spaces – Companies are reconsidering portfolios and redesigning spaces for hybrid work schedules, collaboration and activities different from pre-pandemic needs.
• ESG investing – Environmental, social and governance concerns have commercial real estate speakers, owners and investors thinking about sustainability, community impact and transparency.
• Property technology boom – New startups aiming to disrupt real estate ownership, management and operations with tech solutions have attracted significant venture funding.
• Fluctuating asset values – Commercial real estate values have seen shifts and volatility depending on property types, uses and location appeal. There may be buying opportunities.
• Distressed assets – Some properties or businesses like hotels are struggling and may represent distressed asset sales or redevelopment opportunities for investors and lenders.

To recap the top commercial real estate speakers’ thoughts here, it is an evolving time for the industry as markets adapt to changing tenant demand, work patterns and priorities in a post-pandemic world.