Parisian companies and property owners are responding to a workplace revolution – now shifting their focus to combating employee fatigue.  As such, companies and property owners are recognising the significant impact workspace design can have on employee well-being and productivity.

Here are 3 prime examples in Paris that prioritise energy-boosting features and cultivate an environment conducive to a revitalised workforce:

Hines’ 128 Faubourg Saint-Honoré – A Haven of Light and Nature:

Located in the heart of Paris’ 8th arrondissement, 128 Faubourg Saint-Honoré introduces natural elements to enhance well-being:

• Extensive natural light: Large windows and skylights bathe the space in natural light, promoting circadian rhythm regulation and boosting alertness.
• Integrated greenery: Strategically placed plants throughout the office not only enhance air quality but also reduce stress and improve cognitive function.
• Access to outdoor terraces: Employees can step outside for a breath of fresh air and a dose of vitamin D, essential for energy levels and overall well-being.
• Smart building technology: Automated lighting systems adjust based on natural light availability, further optimising the indoor environment.

La Française Group’s Cœur Défense – A Collaborative Oasis in the Heart of the Business District:

Cœur Défense, another project developed by La Française Group, focuses on fostering a collaborative and energising work environment:

• Open floor plan: Encourages interaction and exchange of ideas, promoting a sense of community and reducing feelings of isolation.
• Activity-based working: Dedicated areas cater to different work styles and tasks, with quiet zones for focused work, collaborative spaces for brainstorming sessions, and comfortable meeting rooms for team discussions.
• Access to natural light: Large windows provide ample natural light, which can improve mood, alertness, and overall wellbeing.
• Proximity to amenities: Situated within the bustling Défense business district, employees have access to a variety of restaurants, cafes, and fitness centres, promoting movement and social interaction during breaks.

Swiss Life Asset Managers’ Les Dunes – A Parisian Oasis:

Les Dunes, managed by Swiss Life Asset Managers,  prioritises not only work but also employee wellbeing:

• On-site fitness centre: Encourages physical activity during the workday, which can improve energy levels, reduce stress, and enhance cognitive function.
• Relaxation areas: Quiet rooms with comfortable seating and calming decor provide opportunities for employees to de-stress, recharge, and return to work feeling rejuvenated.
• Access to healthy food options: A curated selection of restaurants and cafes offering healthy food choices ensures employees can nourish their bodies with energy-boosting meals and snacks.

These Parisian examples demonstrate a growing trend in office design, where the focus is not just on productivity but also on employee wellbeing and long-term energy reserves. By incorporating natural light, biophilic elements, and fostering social interaction, these workspaces create an environment that combats workplace fatigue and keeps employees feeling revitalised throughout the day.

Looking to create an energy-boosting office space for your Parisian employees? Consider these aspects:

• Maximise natural light penetration and prioritise access to outdoor areas.
• Offer a variety of workspaces to cater to different energy levels and work styles.
• Promote physical activity through on-site fitness facilities or encourage walking meetings.
• Provide healthy food options and comfortable relaxation areas.

By implementing these elements, companies in Paris can cultivate a work environment that fosters not just productivity but also a healthy and energised workforce.

Have a property, office, or amenity space in Paris that prioritises well-being? Nominate it for HqO’s Best Spaces to Work →

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What if your office space actively contributed to your wellbeing? In London, a new wave of office design is prioritising employee health and happiness, transforming the traditional workplace into an extension of a healthy lifestyle.

Here are 3 examples of properties that prioritise employee wellbeing and create a work environment conducive to a healthy and thriving workforce:

BT, One Braham– A Hub of Innovation and Sustainability:

Located in the heart of Aldgate,  BT tower exemplifies a progressive approach to workspace design. This office space boasts:

• Biophilic design elements: Natural light, integrated greenery, and access to outdoor terraces promote a sense of calm and connection with nature.
• Focus pods and relaxation areas: Cater to the need for focused work and mental rejuvenation.
• A state-of-the-art fitness centre: Encourages employees to prioritise physical health and well-being during the workday.
• Smart building technology: Provides real-time data on air quality, temperature, and lighting, allowing for optimal environmental conditions.

The Crown Estate’s Regent Street Portfolio – A Blend of History and Modernity:

The Crown Estate is transforming its iconic Regent Street portfolio into a collection of vibrant workspaces.  Here are some highlights:

• High-quality amenities: From on-site restaurants and cafes to fitness centres and social spaces, these offices cater to a holistic employee experience.
• Focus on mental well-being: Access to mindfulness spaces and mental health resources fosters a supportive work environment.
• Emphasis on community building: Events and programs are designed to connect employees and foster a sense of belonging.
• Preserved historical features: The unique architectural heritage is blended seamlessly with modern design elements, creating a truly inspiring work environment.

Derwent London’s White Collar Factory – A Collaborative Oasis:

Situated in Old Street, White Collar Factory embodies a collaborative and dynamic work environment.  Key features include:

• Open floor plan: Encourages interaction and fosters a sense of community.
• Flexible workspaces: Cater to different work styles and needs, with areas for focused work, team collaboration, and relaxation.
• Access to green spaces: Rooftop gardens and landscaped terraces provide opportunities to connect with nature and unwind.
• A curated selection of local amenities: From restaurants and cafes to shops and fitness centres, the surrounding area offers a vibrant atmosphere.

These three examples showcase how leading companies and owners in London are prioritising wellbeing in their office spaces. By incorporating modern design, offering a range of amenities, and fostering a sense of community, these workspaces go beyond just a place to work; they become an extension of a healthy and fulfilling lifestyle for the modern workforce.

Looking for a wellbeing-centric office space for your company? Consider these factors:

• Access to natural light and green spaces.
• A variety of workspaces to accommodate different needs.
• Amenities that promote physical and mental well-being.
• Opportunities for social interaction and community building.

By prioritising these elements, companies can create an environment that not only attracts top talent but also fosters a productive, engaged, and healthy workforce.

Have a property, office, or amenity space in London that prioritises wellbeing? Nominate it for HqO’s Best Spaces to Work → 

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While the Eiffel Tower and Louvre Museum continue to captivate visitors, Paris is undergoing a transformation that extends far beyond its iconic landmarks. A new wave of sustainable architecture is sweeping through the city transforming its once-familiar skyline into a canvas of eco-conscious design. Today, we embark on a Parisian odyssey, exploring these “Green Gems” – innovative projects that seamlessly blend functionality, aesthetics, and environmental responsibility.

Odyssey: Redefining the Parisian Workplace

Our first stop takes us to the heart of the bustling La Défense business district, where Primonial, a leading French investment manager, has set a new standard for sustainable workplaces with their office building “Odyssey“. The site of Les Miroirs, previously the main office of Saint-Gobain, is being redeveloped into a 140,000 m2 mixed-use complex featuring three new towers measuring 95 m, 150 m, and 187 m in height. The delivery date is expected in 2028. This redevelopment replaces the existing 69 m towers and expands the surface area by nearly 40,000 m2. The structure boasts a unique, double-skin facade that acts as a natural climate regulator, reducing energy consumption for heating and cooling. Lush green spaces integrated throughout the building, both indoors and outdoors, not only enhance the aesthetics but also contribute to improved air quality and employee well-being. Odyssey serves as a testament to Primonial’s vision for creating sustainable and inspiring work environments.

Crédit Agricole: A Sustainable Heart in Paris

Next, we head to the heart of La Défense, where “Coeur Défense“, a mixed-use development by Crédit Agricole Assurances, pulsates with sustainable innovation. Completed in 2019, “Coeur Défense” embodies a multitude of eco-friendly features that contribute to its LEED Gold certification.

This “Green Gem” showcases its commitment to sustainability through various aspects:

• Energy Efficiency: A high-performance facade, renewable energy sources like geothermal systems, and smart lighting control systems work together to minimize energy consumption.
• Water Conservation: Rainwater harvesting and water-efficient fixtures contribute significantly to water conservation efforts.
• Material Selection and Construction Practices: Sustainable and locally sourced materials, alongside a focus on construction waste reduction, minimize environmental impact.
• Indoor Environmental Quality: Improved air quality and ample natural light create a healthy and comfortable space for occupants.

“Coeur Défense” transcends being just a building; it’s a testament to Crédit Agricole’s commitment to shaping a sustainable future. It serves as a cornerstone of La Défense’s ambitious goal of becoming the world’s first post-carbon business district.

Beyond Primonial and Aviva: A Flourishing Green Movement

Primonial and Aviva’s projects are just two examples of the many “Green Gems” that are transforming Paris’s architectural landscape. With commercial buildings adorned with vertical gardens prioritising renewable energy, the city is embracing sustainable design solutions at an impressive pace. This movement is not only driven by environmental concerns but also by a growing recognition that green buildings offer numerous benefits, including improved occupant health, increased property value, and a positive contribution to the overall urban environment.

A Sustainable Future for the City of Lights

As Paris continues to evolve, one thing is certain: the future of the city is undeniably green. By embracing innovative design solutions and prioritising environmental responsibility, Paris is not only setting a global example for sustainable urban development but also ensuring a thriving future for generations to come. So, on your next visit to the City of Lights, be sure to look beyond the iconic landmarks and appreciate the emerging “Green Gems” that are shaping a more sustainable and vibrant Paris.

Have a property, office, or amenity space in Paris that prioritises sustainability? Nominate it for HqO’s Best Spaces to Work →

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Nestled in the heart of Austin’s bustling Central Business District, Indeed Tower stands tall, not just as a workplace but as a vibrant community designed to accelerate ideas and inspire creativity. For young professionals seeking a dynamic environment where work-life balance thrives, Indeed Tower offers an unparalleled experience.

Austin, once dubbed the “slacker capital,” has transformed into one of the fastest-growing tech hubs in the United States. With the likes of Google, Facebook, Oracle, and Indeed setting up their headquarters here, the city is buzzing with entrepreneurial spirit and opportunity. Moreover, Austin proudly embraces its unique culture of “weirdness”, fostering an atmosphere where creativity flourishes, and individuality is celebrated.

Indeed Tower perfectly embodies this spirit of innovation and individuality. Situated on an entire city block, Kilroy Realty’s tower comprises 36 stories totaling approximately 733,000 square feet of office space. But it’s not just about the workspace; it’s about the lifestyle that surrounds it. Indeed Tower boasts a private urban plaza, ten private terraces, and a historic post office reimagined into creative flex space, offering a versatile environment for collaboration and inspiration.

Indeed Tower stands out due to its unwavering dedication to offering premier amenities tailored to its tenants’ needs. Boasting a state-of-the-art conferencing lounge equipped with concierge services, a comprehensive fitness and wellness center, and a sprawling 17,000 sq. ft. outdoor retreat known as Oasis, Indeed Tower exemplifies luxury and convenience. 

But what truly makes Indeed Tower a great place to work is its prime location in the heart of Austin’s vibrant food scene. With over 175 restaurants, bars, and coffee shops within walking distance, employees have access to an endless array of culinary delights.

Cooper’s Old Time Pit Bar-B-Que

Dive into the rich flavors of Texas barbecue at Cooper’s. Enjoy tender brisket, succulent ribs, and juicy sausage, all smoked to perfection and served with classic sides like coleslaw, potato salad, and baked beans. Don’t miss their signature dish, the “Big Chop,” a massive pork chop seasoned with Cooper’s special rub and slow-cooked over mesquite wood.

Torchy’s Tacos

Indulge in creative and flavorful tacos at Torchy’s. Start with the Trailer Park Taco, featuring fried chicken, green chiles, lettuce, pico de gallo, and cheese, all topped with poblano sauce. For seafood lovers, the Mr. Pink Taco offers grilled shrimp, cabbage slaw, cotija cheese, cilantro, and a zesty chipotle sauce. Don’t forget to try their famous queso, perfect for dipping chips or smothering your tacos.

Odd Duck

Experience modern American cuisine with a local twist at Odd Duck. Start your meal with the Beet Tater Tots, crispy on the outside and tender on the inside, served with tangy béarnaise sauce. For the main course, savor the Pork Belly Sliders, featuring succulent pork belly topped with pickled onions and served on fluffy buns. Finish on a sweet note with the Parker House Rolls, stuffed with pig face and served with a side of bacon-bourbon marmalade.

Lick Honest Ice Creams

Treat yourself to artisanal ice cream creations at Lick. Dive into a scoop of Grapefruit with Champagne Marshmallows, featuring bright and refreshing grapefruit ice cream studded with house-made champagne marshmallows. For a nostalgic treat, try the Loopy Fruit flavor, inspired by Saturday morning cartoons and featuring rainbow shortbread crunchies in a creamy citrus base. And for something with a kick, don’t miss the Tequila Coconut flavor, made with coconut milk ice cream infused with fresh lime and Dulce Vida Tequila.

Indeed Tower isn’t just a workplace; it’s a lifestyle destination. With its unbeatable location, world-class amenities, and access to Austin’s vibrant food scene, it’s no wonder that young professionals are flocking to this dynamic environment. Whether you’re a tech enthusiast, a foodie, or an art aficionado, Indeed Tower offers the perfect blend of innovation and culinary delights in the heart of Austin, Texas.

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In the hustle and bustle of New York City, where the pace is relentless and the demands are ceaseless, finding a moment of respite is essential. For many professionals, coffee shops nestled within office buildings offer not only a caffeine fix but also a sanctuary — a place to unwind, relax, and take a much-needed break from the chaos of the workday.

According to recent HqO data, 43% of US employees express dissatisfaction with the tea, coffee, and other refreshment facilities in their workplace. This dissatisfaction underscores the importance of providing top-notch amenities that go beyond mere sustenance. Enter premium coffee shops like Birch Coffee, Toby Estate Coffee, Coffeeberry, and Blue Bottle Coffee, strategically located within NYC office buildings, offering employees a haven to recharge and rejuvenate.

Birch Coffee

Situated in Silverstein Properties’ 3 World Trade Center, Birch Coffee invites employees to escape the hustle and bustle of the city and embrace tranquility. Besides its inviting atmosphere, Birch Coffee boasts a diverse menu featuring specialty coffee beverages like flat whites, cortados, and cold brews. Paired with freshly baked pastries and artisanal sandwiches, Birch Coffee offers employees a culinary experience that complements its peaceful ambiance.

Toby Estate Coffee 

Toby Estate Coffee at SL Green’s 280 Park Avenue offers employees a tranquil oasis amidst the chaos of Midtown Manhattan. Renowned for its direct trade coffee beans and commitment to sustainability, Toby Estate Coffee serves up a variety of coffee options, from classic drip coffee to indulgent espresso-based drinks like cappuccinos and lattes. For those seeking a quick bite, Toby Estate Coffee also offers a selection of house-made baked goods and light breakfast options.

Coffeeberry

At Coffeeberry in Boston Properties’ 250 West 55th Street, employees are invited to linger and linger awhile. Alongside its selection of single-origin coffees, Coffeeberry boasts a menu of specialty drinks, including seasonal favorites like pumpkin spice lattes and peppermint mochas. Complemented by a selection of freshly prepared salads, sandwiches, and wraps, Coffeeberry provides employees with a satisfying culinary experience that pairs perfectly with its inviting ambiance.

Office Hours

Office Hours at Vornado Realty Trust’s PENN 1 building offers employees not only a delicious cup of coffee but also a fantastic seating area to unwind. In addition to its signature coffee beverages, Office Hours offers a variety of gourmet teas and specialty drinks like matcha lattes and chai teas. Pair your drink with a freshly baked pastry or grab-and-go snack, and settle into one of Office Hours’ comfortable chairs for a moment of relaxation amidst the hustle and bustle of Midtown Manhattan.

In conclusion, premium coffee shops within NYC office buildings serve as more than just places to grab a quick caffeine fix — they are sanctuaries where employees can come to unwind, relax, and take a much-needed break from the chaos of the workday. By providing employees with inviting spaces and a diverse menu of gourmet coffee and culinary delights, these coffee shops contribute to employee well-being, satisfaction, and overall quality of life. In the fast-paced world of New York City, these coffee shops offer a much-needed refuge — a place where employees can come to recharge, rejuvenate, and return to work feeling refreshed and revitalized.

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Food and beverage options are a crucial element of the employee workplace experience. According to HqO data, restaurants ranked among the top 15 most important workplace features, highlighting their significance. However, despite this importance, only 52% of employees are satisfied with the dining options available in their work environment.

This gap presents both a challenge and an opportunity. While there are countless ways to elevate a property’s food and beverage experience, some have decided to raise the bar by offering Michelin-starred restaurants to their end-users of space.

What is a Michelin Star?

A Michelin Star is awarded to restaurants offering outstanding cooking based on five criteria: the quality of the ingredients, the harmony of flavors, the mastery of techniques, the personality of the chef as expressed through their cuisine, and, just as importantly, consistency both across the entire menu and over time.

Why would a CRE property want to include a Michelin Star restaurant?

Enhanced Prestige and Reputation

• Having a Michelin-starred restaurant as a tenant can significantly elevate the overall image and prestige of the CRE property. It demonstrates a commitment to quality, exclusivity, and a unique experience, attracting a high-end clientele and creating a buzz around the entire development.

Increased Foot Traffic and Revenue

• Having a Michelin-starred restaurant can transform the CRE property into a destination itself, attracting not only local residents but also tourists and business travelers specifically seeking this unique dining experience. This can further elevate the property’s value and position it as a desirable location for other high-end tenants.

Higher Rents

• Michelin-starred restaurants are typically willing to pay premium rent for prime locations due to their high profit margins. This can be a significant benefit for the CRE owner, generating additional revenue and potentially justifying higher rents for other nearby tenants who benefit from the increased foot traffic.

NYC Properties with Michelin Starred Bites

Le Bernardin

At Le Bernardin, located in the Equitable Building owned by SL Green Realty at 155 West 51st Street, guests indulge in the finest French seafood cuisine. With its three Michelin stars, Le Bernardin offers an unparalleled dining experience renowned for its impeccable service and innovative dishes. 

Per Se 

Chef Thomas Keller’s flagship restaurant, Per Se, is in the Deutsche Bank Center at 1 Columbus Circle. With its three Michelin stars, Per Se elevates fine dining to new heights, showcasing exquisite flavors and meticulous attention to detail in every dish. 

Manhatta

Manhatta is a modern New American restaurant situated on the 60th floor of the 250 West Street skyscraper in Lower Manhattan, NYC. Offering stunning city views and a vibrant atmosphere, Manhatta has become a popular destination for both locals and tourists seeking an upscale dining experience.

Do you work in a property with outstanding food and beverage offerings? Nominate it to be HqO Best Spaces to Work certified.

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In the heart of New York City, amidst the towering skyscrapers and pulsating streets, exist three fitness sanctuaries that transcend the ordinary and set new benchmarks for wellness. These aren’t your run-of-the-mill gyms; they are immersive realms meticulously designed to elevate every facet of your fitness odyssey. 

Join us as we uncover the essence of these extraordinary fitness centers and unravel the secrets behind their unrivaled allure amid the myriad choices in the city that never rests.

Equinox at Hudson Yards

Located within the iconic Hudson Yards development, Equinox sets the standard for luxury fitness experiences. Situated in the most spacious, thoughtful, and connected space yet, Equinox Hudson Yards spans two floors and covers an impressive 60,000 square feet. Boasting a 15,000-square-foot pool and sundeck, Equinox offers an unparalleled range of amenities.

Fitness enthusiasts can enjoy access to 11 class categories, including signature cycling, high-intensity boxing, martial arts, and sculpting pilates sessions. What’s more, all classes, whether in-club or on the Equinox+ app, are unlimited and included in your membership. The club’s expert personal trainers, with over 150 hours of education, are on hand to create custom workout plans tailored to your goals, guiding you through both in-club and at-home workouts.

Peloton Studios New York at Brookfield’s 5 Manhattan West

Brookfield’s 5 Manhattan West is not just an office building; it’s a destination for wellness and community. With a comprehensive $350 million redevelopment program, including a full lobby renovation and modernized infrastructure, 5 Manhattan West offers a unique blend of office space, dining, and fitness amenities.

Peloton Studios New York, located within the property, is a fitness enthusiast’s dream. Equipped with state-of-the-art broadcast studios, Peloton Studios connects with the global Peloton community, offering a range of fitness classes including cycling, treadmill, yoga, and cross-fit. Members can recharge in spacious lounge areas, enjoy complimentary class equipment, and indulge in healthy snacks and beverages at the studio café.

Life Time at PENN  1

Life Time’s PENN 1 facility isn’t just your average gym; it’s a vibrant athletic and social haven nestled in the heart of the city. Boasting a sprawling 54,000 square feet, PENN  1 embodies Life Time’s commitment to providing an exceptional fitness experience for office staff, commuters, and residents alike. From cutting-edge boutique studios offering group, mind-body, and cycle programs to a comprehensive array of cardiovascular, functional, and strength training equipment, Life Time leaves no fitness need unmet. Moreover, the club’s meticulously designed amenities, including curated recovery areas, invigorating saunas, and a juice bar stocked with Life Time’s premium nutritional products, elevate the fitness journey to unprecedented levels of luxury and convenience.

As plans unfold for a state-of-the-art 30,000-square-foot indoor pickleball club and dedicated spaces for dynamic group fitness sessions, Life Time at Penn 1 is set to emerge as the ultimate fitness destination for those seeking to enhance their workout regimen without ever stepping foot outside the building. In essence, Life Time at Penn 1 reimagines the traditional gym experience, delivering world-class fitness amenities directly to the doorstep of office workers, thereby ensuring that health and wellness remain top priorities amidst the bustling urban landscape of New York City.

These fitness centers aren’t just places to work out; they are immersive experiences that cater to every aspect of your wellness journey. From Equinox’s luxury amenities to Peloton Studios’ vibrant community and Life Time’s holistic approach to wellness, these destinations redefine what it means to prioritize fitness in the city that never sleeps.

Do you work in a property with an outstanding fitness facility? Nominate it to be HqO Best Spaces to Work certified.

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On the heels of announcing the first Best Spaces to Work certified property in the US, we are excited to share the first UK estate to be recognized by the program – congratulations, Kings Cross!

King’s Cross is one of the largest and most successful redevelopments in the UK. Over the past 20 years, what was an underused industrial site has been transformed and rejuvenated with new streets, squares and parks, offices, homes, shops, galleries, bars, restaurants, schools and a university. The location, the connections, the canal-side setting, the heritage, an exciting cultural scene, a jam-packed events and enlivenment programme, a thriving business community and a strong sense of local community all come together at King’s Cross to make the experience of working there both unique and meaningful. 

Today, King’s Cross is the home of innovation for up to 30,000 workers. It is a place where world-leading businesses and institutions of all sizes and sectors come together to make things happen. It continues to evolve its workspace offering and is delivering a range of new office spaces throughout 2024 at Western Transit Shed, Two Pancras Square and The Jellicoe.

“Our vision for King’s Cross has always been ambitious: to transform a former industrial wasteland into a vibrant, mixed-use destination that fosters innovation, creativity, and community. Data-driven strategies and partnerships have been instrumental in achieving this, allowing us to understand occupier needs, optimise the experience of our spaces and create a truly unique offering that attracts not only businesses, but residents and visitors alike.” – Henry Shearer, Head of Office and Investment, King’s Cross

“By harnessing critical end-user insights using HqO’s REX Platform, we’re not only meeting occupier needs, but proactively shaping a futureproof workplace environment that will support our occupiers to attract and retain the best talent. We believe this customer-first, data-driven approach has positioned us perfectly for HqOs Best Spaces to Work certification. We have worked hard to set a new standard for intelligent, people-focused workspaces, so we are delighted to be the first estate in the UK to be recognised.” 

At HqO we are proud and excited to highlight the best performers, like Kings Cross, that are leading the transformation of the real estate market, investing in their real estate experience strategy to support leasing, optimize operating expenses, increase tenant retention, and ultimately drive NOI. 

Do you think your space has what it takes to join  Kings Cross on the Best Spaces to Work list? Nominate your property, office, or amenity space by March 15 to be included in the Q1 Best Spaces to Work list.

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Paris has long been a symbol of culture, romance, and sophistication, but did you know it is also a hidden gem for CRE leaders looking to thrive? Parisian “perks”, unique advantages, offered by forward-thinking companies like BNP Paribas and Gecina, unlock new levels of growth for businesses of all sizes across Paris.

What are Parisian perks?

Think beyond the ordinary. Parisian perks go beyond the typical amenities you might find in an office building. They offer a comprehensive package of services and advantages aimed at:

• Enhance employee well-being: Access to fitness centres, on-site childcare, and relaxation areas fosters a healthy and balanced work environment, boosting employee morale and productivity.
• Foster collaboration and innovation: Inspiring workspaces, communal areas, and access to meeting spaces with cutting-edge technology spark creativity and collaboration, leading to groundbreaking ideas and business growth.
• Streamline operations: Concierge services, business support functions, and access to a network of professional partners can ease administrative burdens and free up valuable time and resources for core business activities.

BNP Paribas and Gecina are just two examples of companies leading the charge in offering Parisian perks. BNP Paribas provides its occupiers with access to fitness centres, childcare facilities, and even cultural events, fostering a vibrant and well-rounded work experience. Similarly, Gecina offers a range of services, from concierge services to on-site catering, allowing businesses to focus on their core activities while their needs are taken care of.

Je ne Sais Quoi? It’s the Parisian Perks!

In the ever-evolving business landscape, Parisian perks are emerging as a game-changer. By offering a unique blend of services and benefits, businesses can unlock new levels of growth, attract top talent, and foster a thriving work environment. So, if you’re looking to take your business to the next level, consider embracing the Parisian approach and discover the “je ne sais quoi” that sets your company apart.

Have a favourite property, office, or amenity space in Paris that you think is “the best”? Nominate it for HqO’s Best Spaces to Work

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London’s commercial real estate (CRE) market is a dynamic and ever-evolving landscape, shaped by a confluence of global and local factors. As we navigate the post-pandemic world, new trends are emerging, presenting both challenges and exciting opportunities for investors and developers.

In this blog, we will explore some of the key trends shaping London’s CRE market, drawing upon the insights and expertise of two industry leaders: JLL, a global commercial real estate services firm, and Aviva, a leading insurance company and institutional investor.

Evolving Ocuppiers Preferences

The way businesses operate has fundamentally changed in recent years. The rise of hybrid working models has led to a decline in demand for traditional office space, prompting owners to adapt their offerings. JLL, for instance, highlights the growing need for flexible workspace solutions that cater to the evolving needs of today’s workforce.

Sustainability in Focus

Environmental, social, and governance (ESG) considerations are becoming increasingly important for investors and occupiers alike. Aviva, a major investor in London’s CRE market, emphasises the growing demand for sustainable buildings that are energy-efficient and meet the highest environmental standards.

Examples of JLL and Aviva Capitalising on Trends

JLL, recognising the changing occupiers’ preferences, has been actively involved in developing and managing flexible workspace solutions across London. They have partnered with various coworking providers to cater to the growing demand for adaptable and collaborative workspaces.

Aviva, committed to sustainability, has implemented a comprehensive ESG strategy for its real estate portfolio. They have invested in green buildings and adopted sustainable practices throughout their investment lifecycle, demonstrating their commitment to a greener future for London’s built environment.

Looking Ahead: Opportunities and Challenges

The London CRE market presents a multitude of opportunities for investors and developers who can adapt to the changing landscape. By understanding the evolving trends and aligning their strategies with these trends, like JLL and Aviva, businesses can capitalise on the potential of this dynamic market.

However, navigating this market also comes with its own set of challenges. Rising interest rates, geopolitical uncertainties, and potential economic fluctuations are some of the factors that require careful consideration.

London’s CRE market is poised for continued growth and transformation. By staying informed of the latest trends, embracing innovation, and prioritising sustainability, businesses can seize the opportunities that lie ahead and contribute to shaping the future of London’s built environment.

Have a favourite property, office, or amenity space in London that you think is “the best”? Nominate it for HqO’s Best Spaces to Work

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