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ULI Philippines Webinar: The Future of Flexible Work Arrangements
What are the trends and opportunities that await flexible work arrangements in the “new normal?”
30 May 2020
Two months of being under the community quarantine and now entering a less strict quarantine guidelines with the general community quarantine (GCQ) in Metro Manila and several regions in the Philippines, the real estate industry is faced with the responsibility to manage the impact of the COVID-19 quarantine, reevaluate and redesign the office environment on their businesses focusing on safety and security compliance.
Industry leaders Ricardo “Chut” Cuerva, Managing Director of Nova Group, Ame Engelhart, Director of Skidmore, Owings & Merill (SOM) Hong Kong and Janlo de los Reyes, Head of Research and Consultancy at JLL Philippines discussed the response to the disruption and constraints brought about by the enhanced community quarantine in a recent ULI Philippines webinar moderated by Judith Torres, Former Editor-in-Chief of BluPrint magazine.
The webinar was opened by Chut Cuerva, with his presentation on the strategies that developers are implementing to address the challenges brought about by building density. He presented some notable examples of the latest innovations and sanitation protocols for office space to reduce the risk of spread of diseases such as :
Chut gave emphasis to the importance of having solid protocols for buildings to respond quickly to an outbreak. According to him, “Perhaps this is a good time to reevaluate and regulate for better standards for everyone.
Janlo de los Reyes followed with his discussion on the real estate market overview and forecasts post-COVID-19 landscape. He presented research results on how the impact of the pandemic to the performance of the real estate sectors.
“We are anticipating a more competitive landscape down the line as we see supply completions get pushed further in the next 3-5 years at the same time we are anticipating that a lot of the landlords right now are going to revisit their current building design and reflect the learnings that we have over the course of this pandemic which means a greater focus on wellness and safety” – said Janlo.
Janlo highlighted bright spots to look forward to beyond the current pandemic which includes the following :
Also according to Janlo, “W” shape is the most likely recovery scenario for the Philippines. “W” shape or volatile recovery will run for 12-24months. He explained,“because we may see an uptake in terms of the performance of the economy in the short-term, especially as we resume our work. But nonetheless, we do anticipate a bit of setback along the way which may again stall our progress in terms of our recovery.”
Ame Engelhart focused her discussion on creating healthy buildings and highlighted the significance of healthy cities. Ame mentioned that one of the biggest contributors to having unhealthy cities is the density of travel. “It’s not just that we spread the virus around the world on airplane but the density of travel for commuting to work everyday. Besides home, transportation is the second greatest element in the transmission of the disease. “ – Ame said.
Ame also shared about the advantages of Poly-Nodal cities comprised of compact self-sustained communities which includes reduction of transportation time and pollution and that contact and trace within a more compact community is more viable than if people are all over town on a daily basis.
She presented several building strategies to improve risk reduction management and particularly highlighted the importance of having more natural ventilation and access to sunlight as the solar impact to viruses has been looked at and proven high performing. According to her, buildings have to be the secret weapon in the future to combat infectious diseases.
Talking about the strategies building solutions and strategies she added, “It’s not one size fits all nor it is all or nothing. People don’t all have to go back to work at the same time, I think we’re going to be living with more flexible work strategies, partial work at home, and staggered work hours for a very long time. And that can do other things for people’s quality of life, while also improving the urban environment.”
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