New demands for resilience in real estate: Resilience and adaptability after the COVID-19 pandemic

David Karpook, David Stillebroer and Erik Jaspers
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David Karpook: Planon Corporation, USA
David Stillebroer: Planon Software, The Netherlands
Erik Jaspers: Planon Software, The Netherlands

Corporate Real Estate Journal, 2020, vol. 10, issue 1, 106-116

Abstract: The global coronavirus pandemic of 2020 has made it clear that the existing stock of commercial buildings was not well suited to provide for the health and safety of occupants. This paper explores the primary focus areas for enhanced facility management (FM) measures creating resilient buildings in view of defence against contamination risks. The real estate ecosystem learns fast and provides new policies, technology solutions and best practices that help to build resilience. But the real value in creating resilient buildings is not only in supporting organisations to continue their operations during a next COVID-19 wave, it can be a catalyst to change the workplace to a more resilient and adaptive way of working that fits a next generation of office workers and a more connected, sustainable organisation that is resilient to more than just a next virus.

Keywords: real estate resilience; real estate strategy; COVID-19; IWMS/CAFM; coordinated outbreak management; workplace (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:aza:crej00:y:2020:v:10:i:1:p:106-116

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