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News Release

Bristol

From pre-made homes to smart workplaces, JLL paints a picture of the changes that could shape our lives in the next five to 15 years

Huge change in the way homes are built expected, following in footsteps of Bristol’s modular hotel & student housing sector


​BRISTOL, January 19th 2017 – A seismic shift in how and where we work will take place by 2030, while new homes in Bristol look set to be pre-fabricated ‘like cars’ within the next five years, says property consultancy JLL.

New research by JLL - Workspace, Reworked - into how technology is shaping the workplace will be shared at its annual South West Market Review in Bristol today as it looks ahead to the future asking ‘what next?’ for the region’s property market.

JLL has also created a glimpse into how your working day could look in 2030 via a new film. Go to http://ridethewave.jll.com/ to see the report and video. The review is being held at JLL’s new Bristol offices at 31 Great George Street, which illustrate the direction of travel that workplace transformation is taking.

Simon Peacock, head of the Bristol office of JLL, said: “It is only a matter of time before we see a wave of change within the workplace in Bristol and the South West as great strides are made in the advancement of smart technology and the Internet of Things.

“Our interaction with augmented and virtual reality devices – without the need for an interface – is likely to rise, with the potential for this technology to shape your day, prompting you to go to meetings and adapting the environment within which you work to boost productivity.

“Workers will be increasingly freed from their desks, process-driven tasks will become automated and we expect to see smaller core workforces working with a pool of freelancers. However, there is no doubt that these changes will bring big challenges, both for workers and their employers.”

An ability to innovate and be creative will be what sets workers apart from one another as artificial intelligence looks set to take care of basic tasks, says JLL, so people will need to be adaptable. Meanwhile, employers will need to work hard to attract and retain top talent by providing high spec core workspaces and focusing on employee wellbeing and experience.

Simon Peacock added: “This is something we have looked hard at when developing our new office design, which has been created to foster a healthy, modern and collaborative business environment.”

JLL also predicts the growth in Bristol and beyond of off-site construction of modular housing, the modern-day equivalent of the pre-fabs of the 1960s, which could alleviate pressure on the housing market.

Modular homes are generally quicker and cheaper to build, as well as smaller, more flexible and often of higher quality, bringing time and cost efficiencies that could make house building more attractive to developers, says JLL.

Hilton Worldwide recently partnered with modular building provider CIMC to develop its first modular hotel at Bristol Airport, due to open next month. The modular technique means that the guest rooms are manufactured elsewhere, in this case China, before being shipped to the UK, transported to the site and fully assembled.

Simon Peacock said offsite construction in the UK is growing 25 per cent per year. “This technique results in a 30 per cent reduction in build time, a 75 per cent reduction in workforce and 40 per cent less vehicle movements, meaning that modular housing is likely to drive a huge change in how homes get built over the next five years.

“Homes manufactured like cars, in other words off site in a factory, with the opportunity to pick and choose what goes into a basic structure, will bring ‘car quality’ to the market. Clients and designers need to adapt to this evolving trend; indeed, this is an opportunity for innovation that could lead to a competitive advantage.”

JLL says that this approach looks set to be adopted more widely within the office construction industry, as well as within the house and schools building sector in Bristol, with key parts of the build, for example bathrooms, whole plant rooms, lift cores and window systems, being fabricated in a factory before being slotted into place on site.

John Mulholland, director at JLL in Bristol, added: “We are already seeing modular building techniques used in the Bristol student market, but it won’t be long before this is rolled out more widely. We need one million new homes by 2020 and modular housing may well be part of the solution.”

As evidence of this trend, L&G is investing in the largest house building factory in Europe, near Leeds, marking the first time that such an investor has moved into producing pre-made homes.
JLL’s annual South West Property Market Review is being held today in Bristol at 8am and 6pm. JLL’s experts will share their insights into the future of the region’s property market for the year ahead as well as reviewing 2016. The audience will be shown an aerial footage of Bristol’s under construction and future development sites.

Facts & figures from JLL’s Workspace, Reworked report:

  • By 2020, 80 per cent of the world’s adult population will own a smartphone and the arrival of 5G data networks will start to drive workplace decisions based on connectivity.
  • By 2025, over 50 per cent of internet traffic could come from Internet of Things sensors, up from 11 per cent in 2005 – with the virtual and augmented reality markets the size of today’s PC industry.
  • By 2030, 30 per cent of corporate portfolios will comprise flexible space, including co-working, incubator and accelerator space. 
 
JLL’s new Bristol offices at 31 Great George Street