Sydney, 13 March 2013 – CBRE has relocated within its existing Sydney headquarters to a new way of working, leading to increased workplace creativity and flexibility.
363 George Street, Sydney is the first CBRE office in Australia to move to a new way of working and the second of 21 CBRE offices worldwide to complete the journey to an Activity Based Workplace model.
CBRE President & CEO, Australia & New Zealand, Tom Southern said the new office was a positive development in the evolution of CBRE Sydney.
“Our new workspace has given us the unique opportunity to increase collaboration, enable greater flexibility and instigate change in the way our people work,” Mr Southern said.
“To meet our practical needs we have integrated a lot of clever ways to work, and we’ve invested in a range of new features and technology.”
“The Activity Based Workplace (ABW) is a broad concept, and one on which every organisation has a differing definition. A tailored version of the ABW model, designed to suit our specific needs, has been applied to our new Sydney office.”
“The design we have selected has a modern, progressive feel that truly reflects our business and our culture as well as providing an interesting take on the traditional corporate space.”
CBRE utilised the skills of the firm’s Project Management division to complete the relocation and fit-out on schedule and within budget. The team combined innovative design, with an accurate understanding of occupancy levels, an enhanced technology platform and considerable behavioural change to consolidate CBRE’s tenancy from five floors across two buildings, to 2,600sqm across level 20 and 21 of 363 George Street.
The new office has allowed the Global Corporate Services (GCS) operations to join the Sydney CBD office through a smarter management of technology and space.
CBRE’s NSW Managing Director James Patterson said as the leading global property services firm it was important that CBRE was forefront of these types of changes.
“This was part of the reason we have moved to a new way of working, however the main reason for the relocation is because we genuinely believe it will bring benefits to both our business as a whole and our people as individuals,” Mr Patterson said.
“In the short time we have been in our new workspace we have witnessed a transformation in the way our people work.”
“During the course of a day, our people undertake many different activities that require different work settings with various levels of collaboration. The new office incorporates a variety of work spaces for staff to choose including work stations, think tanks, quiet rooms, meeting rooms, a CBRE Bar (known as the CBar) for client entertaining, and a substantial staff breakout area.”
CBRE Head of Sustainability for Pacific, Rebecca Pearce said sustainability was a key consideration when fitting out the new workplace at 363 George Street, Sydney.
“In addition to using holistic sustainability principles in the design of our new workplace we have also reconsidered many of our operating practices, targeting a reduction in overall carbon emissions including those from business travel, paper and waste. We are also aiming to exceed the 5 star NABERS Energy Tenancy rating achieved in several other CBRE offices and will be sharing performance with staff progressively,“ Ms Pearce said.
“Energy efficiency improvements will be achieved through new lighting (with occupancy sensors) to office and client areas and new IT equipment that has been selected and set up for optimal energy savings both inside and outside the office, reflecting our new flexible working arrangements.”
“By choosing to remain in 363 George Street we have retained access to the excellent public transport opportunities a central city location brings. In addition, our staff have access to cycling and change facilities located in the basement – these are currently being upgraded as an added bonus.”
"Our new fit out has been planned to optimise the Indoor Environmental Quality (IEQ) and the 363 George building management team continue to work on improving base building related IEQ measures. All materials, furniture and equipment have been selected to minimise Volatile Organic Compounds (VOCs)."
The Managing Director of CBRE Project Management, Jo-Anne Harrison said the consolidation of CBRE’s tenancy was made possible by recognising that at highest occupancy only 65 per cent of staff were at their designated desk.
“Following a comprehensive occupancy review we undertook a series of staff workshops which confirmed that the diverse nature of our business meant our new office needed to include a range of spaces,” Ms Harrison said.
The challenge was to then complete the project within a very tight timeframe.
“Due to lease negotiations and DA approvals, construction did not start on site until mid-October 2012 and CBRE needed to relocate over the Christmas break and be fully operation when staff returned in early January 2013. This allowed for less than nine weeks total construction.”
The Project Management team completed the relocation and fit-out on schedule and within budget.
“Despite some initial concerns about moving to an ABW model of working, the change has been well received by staff. Ultimately, we have delivered an open, collaborative environment which provides connectivity and facilitates flexibility.”
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website atwww.cbre.com.au.