Optimum energy consumption and reduction of power wastage hold the key to the efficient functioning of any commercial building and office space. According to a study by Environmental Protection Agency, up to 30 percent of energy consumed in a commercial building is lost. In view of this, it’s imperative for facilities managers to use advanced power monitoring to increase equipment uptime and reduce energy consumption.
As more and more millennials join the workforce, the office environment is rapidly changing and taking on a lean and flexible avatar. Planning for an office or expanding it involves thorough planning and optimum utilization of space to create a strong work culture, and maximize efficiency. The central idea is to plan the layout in a manner to make the office comfortable and conducive to work.
Here are five questions you must ask yourself before you set up or revamp your office space:
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Mumbai is more than living up to its reputation of the financial capital of the country and one of the most dynamic global office markets. According to a recent research report, renting an office space in a Mumbai high-rise is costlier than renting one in Dubai or even Los Angeles. The maximum city has been listed amongst the most expensive and sought-after office destinations in the world and is ranked above many global hotspots.
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Commercial real estate (CRE) is evolving all over the globe and technology is playing a vital role in this transformation. New technologies are being adopted at the workplace to make it more interactive and efficient. Technology also holds the key to introduce ‘experiential’ real estate and transform the way business is conducted.