Wellness is seen by many as shaping the next generation of property, as the COVID-19 crisis pushes holistic health to the fore, closer to environmental, sustainability and governance (ESG) issues.
“COVID-19 is spotlighting real estate’s role in the health and wellbeing of occupiers,” say PwC and Urban Land Institute (ULI), in an annual report on emerging trends in Europe released in April. Nearly nine in 10 surveyed in the annual report say that this will become more important across all real estate segments. A year earlier, wellness barely got a mention in the PwC/ULI report.
Enormous changes to buildings have already been completed in recent years as a result of ESG, and this fits right in with the wellness trend.
Larger windows that save energy costs can help lift the mood of office workers, while garden rooftops that cool buildings are ideal for busy employees to take a quick break. However, the wellness trend in real estate has gone off on its own tan
