Office and retail sectors will continue to learn from one another

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Both how we shop and the way we work are undergoing significant shifts.

Both how we shop and the way we work are undergoing significant shifts; the two sectors are being tested by an influx of new ideas that has, in turn, led to changes in property strategy. But with these two sectors – particularly in city centre development – often forming a symbiotic relationship, what can the one learn from changes in the other’s industry?

There is increasingly a push to create office developments that, far from being commercial enclaves, feel like integral parts of the city. The idea of creating a sense of place is high on the agenda. This elusive quality can be difficult to define but often revolves around a mix of uses that promote an evening and weekend economy.

To achieve this, there is a lot office developers can take away from the evolution of retail. Large retail developments, under threat from online shopping, have upped their food and beverage offers to attract and retain shoppers and they are also incorporating inventive leisure uses such as event spaces, outdoor cinemas and ice rinks.

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