If organisations' mindsets shift towards only needing to commute once a week, real estate prices could rebalance, suggests Ronen Journo. Andrew Baum suggests urban hospitality's future could therefore look bright if rural workers need to stay in cities. #OxfordSBS #OxfordAnswers

Looking outside of the UK context, many companies began to virtualise 15+ years ago but now it's enforced across the planet. "Water cooler" moments and "coffee-house" meetings show we have a need to come together to do business, says Ronen Journo. #OxfordSBS #OxfordAnswers

"There are geographies that are much more suited to remote or flex working, without question" with better connectivity when asked where Rob Cookson's staff like to work and where Facebook's talent comes from. #OxfordSBS #OxfordAnswers

In 'PropTech 2020', we predicted the rise of a landlord agnostic, daily desk brokerage - could this be the solution: placetech.net/products/essen… ?? To find out what other predictions we made that may not be that far away, download the report now, here: sbs.ox.ac.uk/sites/default/…

New Microsoft tool measures "workplace productivity", the holy grail of statistics for any smart building technology, allowing them to define a clear ROI in terms of increased employee output, with salary currently the largest cost to any organisation: docs.microsoft.com/en-us/workplac…

New blog: ‘Why the future of work needs trust’ explains @FBraesemann Fabian Stephany Oxford Internet Institute Saïd Business School HIIG Berlin #COVID19 #futureofwork bit.ly/3hO8A3U

The workplace of the future needs to focus on employee satisfaction and workplace productivity. Below is a classification of real estate needs for workplace productivity by Andrew Krioukov (2020): the optimal workplace fulfils "Core needs", "Space needs" and "Productivity needs":

How can Automated Valuation Models (#AVM) help to overcome biases and improve the valuation of #RealEstate ? Our researchers Qizhou Xiong and Luke Graham investigate applications of AVMs across the world in one of our current projects.

The future of the workplace be hybrid (see below, Leesman 'Your workplace of the future': lnkd.in/dDUs-G4): In a new collaboration with World Economic Forum and Leesman, we are exploring how the #officeofthefuture can become a destination with purpose.

In our current research project on the #futureofworkplace, we aim to understand whether workplace amenities that drive employee satisfaction (see the picture below from Mankins & Garton, 2015; lnkd.in/evkATXF) are priced in into the rent level of commercial real estate.

Professor Andrew Baum, head of the 'Oxford Future of Real Estate Initiative' will discuss the #FutureofValuation on 10th August at 12:30pm together with Nick Knight, Head of Valuation at CBRE UK. To watch, register here: cbre.co.uk/the-future-of/…

Professor Andrew Baum and CBRE's Nick Knight on The Future of Valuation, today at 12:30pm: cbre.co.uk/the-future-of/…

In our research on Energy Performance Certificates (EPC) and Energy Efficiency Premium (EEP) in the UK housing sector, we are assessing current and past environmental schemes. Is the UK doing enough? How could schemes be improved for more energy efficiency?

Building-level data are often unstructured and sparse. We have adopted a dual approach: establishing collaborations with industry partners and direct data collection via web scraping. Have you identified successful pathways to overcome such challenges?

NEW WORKING PAPER: 'The polarisation of remote work' (Full paper: osf.io/preprints/soca…) In a project with Fabian Stephany, Ole Teutloff, Otto Kässi, Mark Graham 🌃✨ & Vili Lehdonvirta from the Oxford Internet Institute, our Research Fellow @FBraesemann shows that remote jobs are pulled to urban centres.

Our working paper 'The polarisation of remote work' investigates the effects of remote work on the relation between urban and rural areas. We find: remote work does not lead to a revitalisation of the countryside. Remote jobs cluster in large cities, rural areas fall behind.

Why does #remotework increase the #polarization of the labour market? Our working paper 'The polarisation of remote work' (LINK: osf.io/preprints/soca…) shows that it is because of the unequal distribution of job requirements in the remote labour market (see Figure below).

Who is the #proptech leader: UK or US? Read more about this in a recent 'Insight' article by Property Week: Our Research Fellow @FBraesemann and leading proptech experts discuss key differences between the US and UK and the impact of the pandemic on the industry.

Today I discussed the challenges and opportunities faced by #socialhousing in the UK with the Disruptive Innovators Network. Here are some of my thoughts. Ian Wright Jenny Danson medium.com/pi-labs-notes/…

Our latest report "The future of automated #realestate #valuations (AVMs)" authored by Andrew Baum, Luke Graham and Qizhou Xiong is live. They discuss applications (present and future), limitations, as well as a London-based AVM comparison. #proptech sbs.ox.ac.uk/sites/default/…