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News Release

MANILA

JLL Says Property Developments in RP Need to Go High-Tech

official press release


The world today, as we know it, is changing.

Affected by rapid movements in technology, many industries and markets have to keep up by changing the way they operate.

JLL, a Fortune 500 Company and the Philippines' Number One Property Consultant, knows fully well that they, too, have to adapt to the times if they want to remain relevant in the coming years.

That is why they came up with the Future of Work, a unique study which analyzed the changing nature of work and its effect on corporate real estate. JLL needed to come up with this new perspective so they can aid their clients who rely on them as they plan their future projects.

According to Anthony Couse, CEO, JLL Asia Pacific says "The way a company uses a real estate is absolutely critical in making sure it's fit for the future. New ways of looking at workplaces will also have a major impact on how our clients invest in real estate as they try to choose assets that meet the demands of forward thinking corporate occupiers. And developers will need to incorporate the changing needs of occupiers when designing the buildings of the future, integrating smart technology as part of infrastructure".

FUTURE OF WORK RELATED TO THE BPO INDUSTRY

 At its core, Future of Work guides organizations and industries in determining their future workspace needs through five different perspectives. These different perspectives are designed to equip them with the tools necessary for them to adapt to changes and at the same time stay on track to achieving their business goals, whatever industry they maybe in. 

The BPO industry here in the Philippines is a key contributor to the growing demand for office space, and is one of the industries that will benefit greatly from Future of Work. The future of the BPO sector is not immune to the changing times. The 1.2 million-strong BPO workforce now face disruption because of several factors. Many of the tasks formerly handled by humans in BPO centres are now being automated, resulting in a reduction of employees required to execute these tasks.

New business models are also on the rise in the Philippines like start-ups that provide on-demand contact centre services through experienced agents who work from home and work per hour.  Moreover, BPO companies consistently need to keep their ships tight and prevent their highest skilled employees from seeking greener pastures.

 THE NEW REAL ESTATE TO ADDRESS NEW DEMANDS

 Similar to the work they initiated in Shanghai and have planned in Guangzhou, Chongqing, Mumbai and Brisbane, JLL has endeavoured to create smart, collaborative and flexible workplaces here in the country so both their clients and customers can achieve their ambitions.

According to Jordi Martin, CEO of Corporate Solutions, JLL Asia Pacific:  "Real estate was once about acquiring and managing buildings. Now it is a strategic lever for transformation. Today's workforce demands choice and flexibility which requires work environments beyond the traditional offices. Those that offer high-tech personalized tools and services that enhance the human experiences will stand out and attract the best in the war for talent."

To learn more about the Future of Work, visit www.futureofwork.jll