BNP Paribas Real Estate’s Head of Research shares her insights on the future of office space in light of COVID-19
In this episode, IQ-EQ’s Tom Miller sits down with Stephanie McMahon, Head of Research for BNP Paribas Real Estate, to discuss the impact of COVID-19 on the short- and medium-term future of office space.
Throughout the discussion, Stephanie provides insight into the effect of COVID-19 on existing trends such as co-working and hot desking, the increased focus on redevelopment and space modification, new pandemic-related considerations around office location and common spaces, the rise of smart buildings, the renewed importance of occupier due diligence in relation to business resilience, and what all of this means for offices as an investment asset.
Stephanie has 19 years’ experience in real estate research, strategy and insights across all sub-sectors including commercial, residential and rural. She and her team at BNP Paribas Real Estate undertake strategic insight and market analysis for all UK real estate markets, with emphasis on structural rather than cyclical market shifts. Previously, Stephanie set up and led the research team at Strutt & Parker and before that was the strategic research lead for the Jones Lang LaSalle (JLL) team in the UK. Stephanie sits on the Urban Land Institute (ULI) UK Residential Council, the Investment Property Forum (IPF) Research Committee and the British Property Federation (BPF) Compact Living Committee.