Flexibility is Key to Future-Proof Commercial Real Estate for the Next Decade

Published: Sept. 25, 2020, 6:15 p.m.

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The commercial real estate industry should use the current environment as a catalyst to future-proof assets for the changing ways in which they will be used over the coming decade, according to Nikki Greenberg, founder and CEO of Real Estate of the Future. Speaking on the REIT Report, Greenberg noted that while the ways we live and work have rapidly changed, the spaces we occupy have not. “We really need to use this as an opportunity to become future ready as we look toward 2030,” she said. “Across the board, all sectors do need to do better,” Greenberg said. She stressed the importance of “a different way of thinking” that looks at the full scope of challenges ahead. “You have to have people in the room who don’t think like you…the traditional way of working and owning and operating space, that’s not going to serve us in the short term and it’s not going to serve us very well in the longer term either,” she said.