Pandemic Impacts on Increased Property Operational Uncertainty

Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) publishes Market Insights on the Implications of Hybrid Working in Office Building and Workspace Management.
According to Andy Harsanto, Head of Real Estate Management Services Colliers Indonesia, various uncertainties that arise due to the pandemic affect the increase in factors such as volatility (volatility), uncertainty (uncertainty), complexity (complexity), and ambiguity (ambiguity), often abbreviated as VUCA. "Both directly and indirectly, the pandemic also has an impact on property, particularly on operational aspects. This includes work security, Health and Safety (K3) in a pandemic. Availability of services from managing organizations, as well as service providers from third parties, dynamics financial condition of tenants, property owners who feel the impact on their financial performance, trends or needs that shift or change due to current market developments and return to the office with a hybrid working system," he explained.

|•SOURCE•| Articles :KONTAN | Image :COLLIERS |

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