The Caleb Parker Show

Caleb Parker

Join award winning podcaster and CEO of Brave Corporation, Caleb Parker, as he shines a light on the entrepreneurs, intrapreneurs, and brave ideas at the forefront of innovation, who are creating the future of office real estate. The Caleb Parker Show dives deep into the stories of the visionaries, zooms out to discuss the macro trends driving change in demand for the office, and brings you thought provoking and insightful content from the innovators challenging the status quo as we know it today. read less
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Episodes

How to design offices for hybrid and remote first companies
May 22 2024
How to design offices for hybrid and remote first companies
In this final episode of Season 11, host Caleb Parker is joined by  Dominique Gonfard, Chief Revenue Officer at Quarterback Real Estate to discuss the future of work and the role of technology in workplace design. They explore the concept of designing the office in the cloud and creating a digital backbone for employees to tap into. They also discuss the importance of putting employees first and embracing flexible working arrangements. Dominique highlights the need for early engagement with service partners and the integration of technology from the beginning of the design process. They mention companies like Google and Wise as examples of organizations that are embracing change and designing innovative workspaces.   Highlights: Exploring the Future of Work and Office Real EstateSponsor Shoutout: FreshWave's Impact on ConnectivityThe Personal Journey and Professional Evolution of Dominique GonfordRedefining Office Spaces: Insights and InnovationsThe Role of Technology in Shaping Future WorkspacesEnvisioning the Office of the Future: A Digital-First Approach Dominique Gonfard: LinkedIn | Website Dominique Gonfard, is a strategic workplace expert with cross-discipline experience in CRE and the built environment. She is a CRE and technology-driven workplace expert focused on helping occupiers, owners, and landlords reposition real estate assets through design, construction, and innovation initiatives. She is trained as an architect and approaches real estate and the built environment from a position of professional empathy and expertise. Her firm Byra Group was acquired by QBRE last year, and prior to that she spent over 8 years at JLL where she led the growth of in-house design & build firm Tetris, one of the fastest growing subsidiaries of JLL. Since 2020, She’s been working with the team at Concrete Ventures, a seed and Series A PropTech venture capital firm based in London. Don't forget to hit that  subscribe button so you get each episode as it comes out.   Sponsors:   Headlines sponsor Freshwave: Website | LinkedIn Freshwave is the connectivity infrastructure-as-a-service provider bringing MNOs, government, and real estate providers to work together in new ways. From stadiums and hospitals to skyscrapers and shopping centres, we provide mobile, 5G and Wi-Fi connectivity infrastructure all over the UK and Europe.   Fortune Favours the Bold: Website | LinkedIn Bold is a coworking brand owned and operated by NewFlex.   Future Proof Your Portfolio with NewFlex: Website | LinkedIn NewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you.   Brave Corporation: Website | LinkedIn The next generation real estate company driving value through strategic asset repositioning to de-risk assets and increase NOI.    Launch Your Own Podcast: Website | LinkedIn ShoRunner is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@shorunner.com
How Emerging Trends Are Reshaping Office Investment According to PwC's Gareth Lewis
May 15 2024
How Emerging Trends Are Reshaping Office Investment According to PwC's Gareth Lewis
Will there be a shift in profile of the office real estate investor to recognize the increased risk and potential added value of flexible office spaces? In this episode of the #WorkBold podcast, host Caleb Parker discusses the future of office real estate valuations and investments with Gareth Lewis, Director of Real Estate M&A at PwC, on a boat in Cannes, France, outside MIPIM. They delve into the pressing issues surrounding the evolution of office space, highlighting the impact of shorter leases, shrinking footprints, and the rise of flexible workspaces on valuations. Gareth shares insights on the potential shift in the investor profile to accommodate these changes and the opportunities for creating long-term value in a landscape marked by operational complexities. The conversation also covers emerging trends such as dispersed workforces, real estate ecosystems, the importance of strategic partnerships, and the embrace of discomfort as a pathway to innovation. The episode concludes with optimism for the industry's future, emphasising the importance of adapting and finding new ways to create value amidst discomfort.   Highlights: The Evolution of Office Real Estate ValuationsNetworking at MIPIMValuing Flex Space: A Roundtable Discussion RecapInvestor Profiles and the Future of Office Real EstateEmerging Trends in Real Estate: A Global PerspectiveEmbracing Change and Uncomfortability in Real Estate   Gareth Lewis: LinkedIn | Website Gareth is the Survey Director for PwC’s Emerging Trends in Real Estate series. He has led many successful European and global projects on behalf of the property sector, engaging senior people from inside and outside the industry and reporting to a Management Board of quoted property company CEOs and investors.   Don't forget to hit that subscribe button so you get each episode as it comes out.   Sponsors: Headlines sponsor Freshwave: Website | LinkedIn Freshwave is the connectivity infrastructure-as-a-service provider bringing MNOs, government, and real estate providers to work together in new ways. From stadiums and hospitals to skyscrapers and shopping centres, we provide mobile, 5G and Wi-Fi connectivity infrastructure all over the UK and Europe.   Fortune Favours the Bold: Website | LinkedIn Bold is a coworking brand owned and operated by NewFlex.   Future Proof Your Portfolio with NewFlex: Website | LinkedIn NewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you.   Brave Corporation: Website | LinkedIn The next generation real estate company driving value through strategic asset repositioning to de-risk assets and increase NOI.    Launch Your Own Podcast: Website | LinkedIn ShoRunner is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@shorunner.com
What Is Your Office Building's Active Score?
May 8 2024
What Is Your Office Building's Active Score?
Can active travel facilities drive value in buildings and impact leasing velocity? Did you know there is an increasing cultural shift towards active travel, influencing the demand for buildings that support sustainable transportation options and facilities? In this episode of #WorkBold, your host Caleb Parker, talks to James Nash, Cofounder of Active Score, who helps building owners and developers amplify their customer experience and wellbeing for it’s customers by improving their sustainable transport offering.  James and team have helped design and certify 500+ developments across North America, Latin America, Asia, Middle East and Australia, and Europe. Active Score has an impressive client list of some of the most well known global investors, such as Blackstone, Brookfield, Lendlease, Vornado, BentallGreenOak, Patrizia, AXA IM to name a few. Caleb sat down with James to get the low down on their latest groundbreaking initiative, the Mode Score, and its impact on the commercial real estate market.    Takeaways Active travel facilities in buildings can have a significant impact on leasing velocity and tenant satisfaction. Designing best-in-class active travel facilities requires expertise and consideration of various amenities and services. Mode Score certification expands on Active Score by including all modes of transportation and promoting sustainability. Early adopters of Mode Score certification have seen positive results and increased value in their buildings. Tracking emissions and carbon decrease can provide valuable data for real estate financing and sustainability efforts. More research and data are needed to further understand the impact of transportation on real estate and the environment.   James Nash: LinkedIn | Website James Nash has founded 3 companies. The first was Bike Dock Solutions in 2008 which started life as a university project. Much of his focus currently is on ActiveScore which helps building owners and developers improve their cycling and active travel facilities. They have helped design and certify 350+ developments in Europe, US, Asia, Middle East and Australia-including 22 Bishopsgate in London, which is the largest office building in Europe.   Don't forget to hit that subscribe button so you get each episode as it comes out.   Sponsors:   Headlines sponsor Freshwave: Website | LinkedIn Freshwave is the connectivity infrastructure-as-a-service provider bringing MNOs, government, and real estate providers to work together in new ways. From stadiums and hospitals to skyscrapers and shopping centres, we provide mobile, 5G and Wi-Fi connectivity infrastructure all over the UK and Europe.   Fortune Favours the Bold: Website | LinkedIn Bold is a coworking brand owned and operated by NewFlex.   Future Proof Your Portfolio with NewFlex: Website | LinkedIn NewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you.   Brave Corporation: Website | LinkedIn The next generation real estate company driving value through strategic asset repositioning to de-risk assets and increase NOI.    Launch Your Own Podcast: Website | LinkedIn ShoRunner is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@shorunner.com
Special Feature: Caleb Parker Chats With Flex Office OG, Charlie Green
May 1 2024
Special Feature: Caleb Parker Chats With Flex Office OG, Charlie Green
If there was a flex office hall of fame, today’s guest would be one of the first to be there. In this episode of #WorkBold, your host Caleb Parker, sits down with flex office pioneers  Charlie Green, co-CEO of The Office Group (TOG) for an unscripted interview. They take us on a journey through the evolution of flexible office spaces. From the humble beginnings of a converted pub in Islington to the towering skyline of Chancery House, Charlie shares the unique challenges he and his Co-founder and Co-CEO, Olly Olsen, faced as well as the triumphs they celebrated.  Throughout this discussion, we unpack the journey of transitioning from the startup phase with clear, defined roles to managing a C-suite level structure that demands cohesive cultural strategies and innovative customer-focused approaches.  This one’s a little longer than our other episodes this season, but surely is an instant classic.   Charles Green: LinkedIn | Website   Don't forget to hit that  subscribe button so you get each episode as it comes out.   Sponsors: Headlines sponsor Freshwave: Website | LinkedIn Freshwave is the connectivity infrastructure-as-a-service provider bringing MNOs, government, and real estate providers to work together in new ways. From stadiums and hospitals to skyscrapers and shopping centres, we provide mobile, 5G and Wi-Fi connectivity infrastructure all over the UK and Europe.   Fortune Favours the Bold: Website | LinkedIn Bold is a coworking brand owned and operated by NewFlex.   Future Proof Your Portfolio with NewFlex: Website | LinkedIn NewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you.   Brave Corporation: Website | LinkedIn The next generation real estate company driving value through strategic asset repositioning to de-risk assets and increase NOI.    Launch Your Own Podcast: Website | LinkedIn ShoRunner is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@shorunner.com
Is The Office of the Future a Network of Locations?
Apr 24 2024
Is The Office of the Future a Network of Locations?
In this episode of #WorkBold, your host Caleb Parker, talks to Chris Boultwood Head of Technology for Workspace Group PLC, to delve into the intricacies of workspace management to meet customer expectations in today's fast-evolving market.   The two explore a range of topics including: Adapting to changing customer needs for flexibilityThe strategic control of coffee experiences within workspacesimpact of ubiquitous connectivityTech’s role when acquiring buildingssimplifying wifi accessThe role mobile apps play to enhance the customer experienceImproving sustainability and energy efficiencyThe next most important technology on the horizon   Chris Boultwood: LinkedIn | Website Chris Boultwood has been with Workspace Group PLC for over 7 years, where he heads up all things technology - covering customer, corporate and building technology strategies. His in-house teams look after Systems Innovation, Operations, Digital Infrastructure and Customer Connectivity. Before joining Workspace, Chris spent over a decade at Virgin Media, where he gained extensive experience in the telecommunications and digital services sectors, working across both B2C and B2B commercial opportunities. Don't forget to hit that subscribe button so you get each episode as it comes out.   Sponsors: Headlines sponsor Freshwave: Website | LinkedIn Freshwave is the connectivity infrastructure-as-a-service provider bringing MNOs, government, and real estate providers to work together in new ways. From stadiums and hospitals to skyscrapers and shopping centres, we provide mobile, 5G and Wi-Fi connectivity infrastructure all over the UK and Europe.   Fortune Favours the Bold: Website | LinkedIn Bold is a coworking brand owned and operated by NewFlex.   Future Proof Your Portfolio with NewFlex: Website | LinkedIn NewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you.   Brave Corporation: Website | LinkedIn The next generation real estate company driving value through strategic asset repositioning to de-risk assets and increase NOI.    Launch Your Own Podcast: Website | LinkedIn ShoRunner is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@shorunner.com
What Do Today’s Customers Expect from a Dynamic Office?
Apr 17 2024
What Do Today’s Customers Expect from a Dynamic Office?
In this episode of #WorkBold, your host Caleb Parker, talks to John Gravett, Managing Director at Cluttons LLP, discussing the evolving landscape of UK real estate. They cover a breadth of topics including the shift towards agile and dynamic office spaces, the challenges of repurposing existing buildings to meet modern standards, and the importance of sustainability in real estate. The conversation delves into the critical role of connectivity for modern work environments, highlighting the need for better infrastructure to support seamless mobile and internet access within office buildings. They also explore the concept of Space-as-a-Service and how companies are adapting their workplace strategies to meet the changing expectations of employees. The discussion underscores the potential of investing in building infrastructure as a significant opportunity in the real estate industry. Takeaways Shift Towards Flexibility and Agility in Real Estate: Companies are increasingly seeking smaller, more dynamic, and agile spaces to meet the evolving needs of their workforce. This includes a move away from traditional office setups towards environments that foster collaboration and innovation. Importance of Connectivity and Technology: There's a growing emphasis on the necessity of high-quality connectivity within office spaces. John highlighted that connectivity should be considered as foundational as the physical amenities in a building, impacting everything from operational efficiency to employee satisfaction. Sustainability and Repurposing of Spaces: The discussion underscored the urgency of investing in sustainability and the repurposing of existing buildings. There's a clear trend of companies preferring to occupy spaces that are not only environmentally friendly but also align with their corporate social responsibility goals. The Changing Nature of Office Demand: The conversation delved into how the demand for office space is becoming more nuanced, with a blend of traditional leases and Space-as-a-Service offerings. This reflects a broader industry trend towards providing more flexible, user-centric solutions. Barriers to Adoption and Industry Challenges: Despite the clear benefits, there are still significant barriers to the widespread adoption of these trends, including the costs of repurposing spaces and the traditional nature of the real estate industry. There's a need for more education and a shift in mindset to overcome these challenges.   John Gravett: LinkedIn | Website John focuses on providing strategic advice to TMT portfolios and specialised advice in telecoms strategy, network roll-out and estate management. He is a highly skilled international real estate manager with extensive experience in the development and implementation of real estate solutions at both local and international level. He has a proven track record in the international property market with an applied knowledge of commercial practice and cultural awareness.   Don't forget to hit that  subscribe button so you get each episode as it comes out.   Sponsors: Headline Sponsor | Freshwave: Website | LinkedIn Freshwave is the connectivity infrastructure-as-a-service provider bringing MNOs, government, and real estate providers to work together in new ways. From stadiums and hospitals to skyscrapers and shopping centres, we provide mobile, 5G and Wi-Fi connectivity infrastructure all over the UK and Europe. Fortune Favours the Bold: Website | LinkedIn Bold is a coworking brand owned and operated by NewFlex. Future Proof Your Portfolio with NewFlex: Website | LinkedInNewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you. Brave Corporation: Website | LinkedIn The next generation real estate company driving value through strategic asset repositioning to de-risk assets and increase NOI.  Launch Your Own Podcast: Website | LinkedInShoRunner is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@shorunner.com
Why Are Landlords Finally Adopting Flex In Their Portfolios?
Apr 10 2024
Why Are Landlords Finally Adopting Flex In Their Portfolios?
In this episode of #WorkBold, your host Caleb Parker, talks to Jonny Rosenblatt co-founder of SpaceMade, who shares his journey in the flexible workspace industry and the shift in landlords' perception of flex space. He discusses the benefits of partnering with flex operators and the importance of delivering a hospitality-driven experience. Rosenblatt emphasizes the need for customization and brand differentiation in the flex market, as well as the potential for sector-specific spaces. He also highlights the challenges of building a sophisticated infrastructure and the importance of marketing and community curation in the industry. TAKEAWAYS Landlords are recognizing the need to partner with flex operators to deliver a hospitality-driven experience and drive the quality of their buildings. Flex space allows landlords to offer additional amenities and services to traditional tenants, enhancing the overall leasing proposition. Every office asset should have some level of flex and hospitality-driven space, but it may not work in every building or market. Brand differentiation and customization are crucial in the growing flex market, allowing operators to attract a diverse range of customers. The future of flex space may involve more sector-specific spaces that cater to specific industries and create a unique community..   Jonny Rosenblatt: LinkedIn | WebsiteWith over a decade of commercial real estate experience, Jonny has been at the forefront of the shift towards flexibility, hospitality, and community creation in the office market. Having launched Headspace Group in 2012 before successfully exiting in 2017, he has unrivalled experience designing, building and operating new platforms in the flexible real estate space.   Don't forget to hit that  subscribe button so you get each episode as it comes out.   Sponsors: Headline Sponsor | Freshwave: Website | LinkedIn Freshwave is the connectivity infrastructure-as-a-service provider bringing MNOs, government, and real estate providers to work together in new ways. From stadiums and hospitals to skyscrapers and shopping centres, we provide mobile, 5G and Wi-Fi connectivity infrastructure all over the UK and Europe. Fortune Favours the Bold: Website | LinkedIn Bold is a coworking brand owned and operated by NewFlex. Future Proof Your Portfolio with NewFlex: Website | LinkedInNewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you. Brave Corporation: Website | LinkedIn The next generation real estate company driving value through strategic asset repositioning to de-risk assets and increase NOI.  Launch Your Own Podcast: Website | LinkedInShoRunner is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@shorunner.com
PropCo-OpCo: Why HNK Moved "The Office" From Product to Service
Apr 3 2024
PropCo-OpCo: Why HNK Moved "The Office" From Product to Service
In this episode of #WorkBold, your host Caleb Parker, talks to Robert Sparreboom. They delve into the transformation of real estate operations in response to changing market demands, specifically focusing on the impact of flexibility and space as a service. Robert shares insights from his company's journey, influenced by Anthony Slumbers, towards rethinking their business model as a real estate investor and operator. They discuss the transition from using their flex operation, HNK as a vacancy solution to viewing it as a major asset for client solutions, underpinned by sustainability and customer-centricity. The conversation covers the challenges and benefits of being a listed company operating in the flex space, strategic rebranding, and the evolving landscape of property valuation in the face of increased demand for flexible, service-driven real estate offerings.   Robert Sparreboom: LinkedIn | Website Robert Sparreboom is Head of HNK, a flexible workspace provider in the Netherlands, part of NSI, a listed RE Investor located in Amsterdam. Having a broad experience in the Real Estate Sector he found his calling in the area where Real Estate, interior design, innovation and hospitality come together,  creating spaces that make the world a bit more beautiful every day. Robert has been responsible for the rebranding and repositioning of the HNK brand, its operations and business development currently rolling out the new brand to existing and new locations. In his personal life he's a Husband and father of two daughters, loves sports, history, tech and DIY.   Don't forget to hit that subscribe button so you get each episode as it comes out.   Sponsors: Headline Sponsor | Freshwave: Website | LinkedIn Freshwave is the connectivity infrastructure-as-a-service provider bringing MNOs, government, and real estate providers to work together in new ways. From stadiums and hospitals to skyscrapers and shopping centres, we provide mobile, 5G and Wi-Fi connectivity infrastructure all over the UK and Europe. Fortune Favours the Bold: Website | LinkedIn Bold is a coworking brand owned and operated by NewFlex. Future Proof Your Portfolio with NewFlex: Website | LinkedInNewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you. Brave Corporation: Website | LinkedIn The next generation real estate company driving value through strategic asset repositioning to de-risk assets and increase NOI.  Launch Your Own Podcast: Website | LinkedInShoRunner is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@shorunner.com
What makes a building smart, and why do customers care?
Mar 27 2024
What makes a building smart, and why do customers care?
In this episode of #WorkBold, your host Caleb Parker, talks to Sanjaya Ranasinghe Global Director of R&D at WiredScore. They discuss the company's journey and the evolving importance of digital connectivity in real estate. Celebrating its 10th anniversary, WiredScore has expanded worldwide, certifying buildings across 35 countries to ensure top-notch digital connectivity. The conversation delves into how landlords and tenants' perspectives on internet connectivity have shifted, highlighting how WiredScore's certifications - WiredScore and SmartScore - aid in enhancing the digital and smart technology infrastructure of buildings. They reflect on the changing landscape of office real estate, emphasising user experience and the role of technology in meeting environmental, social, and governance (ESG) goals. The episode also addresses the challenge of retrofitting buildings to meet current standards, the impact of connectivity on occupancy rates and rents, and the potential of technology to transform real estate into responsive, user-focused environments.   Sanjaya Ranasinghe: LinkedIn | Website As leader of the R&D team at WiredScore, Sanjaya develops, implements, and reviews the criteria of WiredScore's scorecards, assessing best-in-class Internet connectivity in commercial buildings. Don't forget to hit that subscribe button so you get each episode as it comes out.   Sponsors: Headline Sponsor | Freshwave: Website | LinkedIn Freshwave is the connectivity infrastructure-as-a-service provider bringing MNOs, government, and real estate providers to work together in new ways. From stadiums and hospitals to skyscrapers and shopping centres, we provide mobile, 5G and Wi-Fi connectivity infrastructure all over the UK and Europe. Fortune Favours the Bold: Website | LinkedIn Bold is a coworking brand owned and operated by NewFlex. Future Proof Your Portfolio with NewFlex: Website | LinkedInNewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you. Brave Corporation: Website | LinkedIn The next generation real estate company driving value through strategic asset repositioning to de-risk assets and increase NOI.  Launch Your Own Podcast: Website | LinkedInShoRunner is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@shorunner.com
When A 6 CAP Is No Longer A 6 CAP - Only The Paranoid (Office Investors) Survive
Mar 20 2024
When A 6 CAP Is No Longer A 6 CAP - Only The Paranoid (Office Investors) Survive
In this episode of #WorkBold, your host Caleb Parker, talks to Michael Kovacs from Castleforge to discuss the transformation in office space investments towards flexible workspace solutions. Castleforge, traditionally a real estate investor and developer, has pivoted towards investing heavily in 'Flex' space, creating their operator known as Clockwise. Mike delves into the decision to start their own flex space operation, initially tested in Glasgow, which resulted in a highly successful full building conversion to Flex, achieving over 90% occupancy and significantly higher desk rates than anticipated. The success at Glasgow prompted Castleforge to scale the model across their portfolio and purchase assets with an underwriting for flex space from the outset. The discussion also touches on the broader challenges office investors face in generating consistent cash flows and the potential for Flex space to offer a more reliable income stream. Mike further discusses a white paper released by Castleforge, arguing that traditional valuation models for office space are outdated and that Flex spaces, despite their discounted valuation, may offer a closer match to their economic value, thus presenting a compelling investment proposition. The episode concludes with considerations on the future of office space valuations and the evolution of investor models towards accommodating the growing demand for Flex spaces. Castleforge White Paper: Only the Paranoid (Office Investors) Survive   Michael Kovacs: LinkedIn | Website Prior to founding Castleforge in 2010, Michael worked at Westbrook Partners in London, where he was involved in transactions representing over £2bn of asset value for Westbrook's various funds in the UK, Europe and Asia across a diverse range of real estate investment types. Prior to Westbrook Partners, Michael worked at the Blackstone Group in New York. Don't forget to hit that subscribe button so you get each episode as it comes out.   Sponsors: Headline Sponsor | Freshwave: Website | LinkedIn Freshwave is the connectivity infrastructure-as-a-service provider bringing MNOs, government, and real estate providers to work together in new ways. From stadiums and hospitals to skyscrapers and shopping centres, we provide mobile, 5G and Wi-Fi connectivity infrastructure all over the UK and Europe. Fortune Favours the Bold: Website | LinkedIn Bold is a coworking brand owned and operated by NewFlex. Future Proof Your Portfolio with NewFlex: Website | LinkedInNewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you. Brave Corporation: Website | LinkedIn The next generation real estate company driving value through strategic asset repositioning to de-risk assets and increase NOI.  Launch Your Own Podcast: Website | LinkedInShoRunner is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@shorunner.com
Season 11 Trailer: Bold Visions, Brave Execution - Pioneering the Future of Office Real Estate
Mar 13 2024
Season 11 Trailer: Bold Visions, Brave Execution - Pioneering the Future of Office Real Estate
Welcome to Season 11 of #WorkBold, with your host Caleb Parker, CEO of Brave Corp. This podcast exists to serve stakeholders in commercial real estate including investors, fund managers, landlords, operators agents, and brokers, by providing insights from industry experts on navigating the changing landscape of office real estate and the future of work. Season 11 is sponsored by Freshwave, the champions of connectivity ensuring your mobile phone signal is strong in your offices. Grab your popcorn and tune into our preview of what’s to come over the next 10 weeks.  Don't forget to hit that subscribe button so you get each episode as it comes out.   Sponsors: Headline Sponsor | Freshwave: Website | LinkedIn Freshwave is the connectivity infrastructure-as-a-service provider bringing MNOs, government, and real estate providers to work together in new ways. From stadiums and hospitals to skyscrapers and shopping centres, we provide mobile, 5G and Wi-Fi connectivity infrastructure all over the UK and Europe. Fortune Favours the Bold: Website | LinkedIn Bold is a coworking brand owned and operated by NewFlex. Future Proof Your Portfolio with NewFlex: Website | LinkedInNewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you. Brave Corporation: Website | LinkedIn The next generation real estate company driving value through strategic asset repositioning to de-risk assets and increase NOI.  Launch Your Own Podcast: Website | LinkedInShoRunner is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@shorunner.com
Should we redefine value creation in office real estate?
Dec 13 2023
Should we redefine value creation in office real estate?
Connect with the WorkBold Podcast Team: • Host Caleb Parker: LinkedIn • Collaboration Partner Morgan Pierstorff: LinkedIn Summary: In this episode of the #WorkBold Podcast, host Caleb Parker sits down with Markus Wiedenmann, a real estate expert and passionate advocate for sustainability. The discussion unfolds at the Young Leaders Forum at ULI, offering a unique perspective from the 31st floor of an office tower in Madrid. Marcus shares insights on the evolving landscape of real estate, emphasising the increasing complexity of the industry beyond traditional metrics. The conversation delves into the crucial role of sustainability, the transformation of real estate into a technical field, and the necessity of redefining value creation. Takeaways: Sustainability and Energy Efficiency: Marcus underscores the urgent need to focus on making existing buildings energy-efficient to combat emissions. The conversation highlights the broader expertise required, including understanding energy production methods and building insulation. Optimism for the Future: Marcus expresses optimism about the future of real estate, emphasising the shift from a simple business model to a more complex, technical, and emotionally driven industry. He sees the younger generation as natural drivers of change in this evolving landscape. Prop Tech Investment Insights: Marcus shares valuable advice for property companies looking to invest in PropTech. He suggests engaging in conversations with industry players to identify inefficiencies and problems before developing solutions, emphasising the importance of understanding market needs. Space as a Service: Marcus discusses the concept of providing "space as a service" and the challenges posed by competing agendas and tax regulations. He highlights the necessity of structuring solutions collaboratively to deliver enhanced services to tenants. Connect with today’s guest:  • Markus Wiedenmann on LinkedIn • Art Invest Website Connect with the WorkBold Podcast Team:  • Host Caleb Parker: LinkedIn • Collaboration Partner Morgan Pierstorff: LinkedIn Sponsors: NorNorm: Website | LinkedIn NORNORM is a subscription-based furnishing model, letting your business adapt to the needs of tomorrow. Beautiful, affordable and fully circular. NorNorm's vision for the workspace of the future is simple. Place circularity at the core and demonstrate how this is better for business, people and the planet. By embracing NorNorm, real estate can drastically produce CO2 emissions and waste production, driving us closer to a greener future. Fortune Favours the Bold: Website | LinkedIn Bold merges property management & Space-as-a-Service to help office customers grow faster and drive asset value. Bold is a real estate brand owned and operated by NewFlex. Future Proof Your Portfolio with NewFlex: Website | LinkedIn NewFlex delivers and manages a range of branded solutions for every type of building, in every type of location, for every type of occupier. Including the flexibility to develop your own brand. All enabled by flexible management contracts where we are invested in making money for you. Launch Your Own Podcast: A Podcast Company is the leading podcast production and strategic content company for brands, organisations, institutions, individuals, and entrepreneurs. Our team sets you up with the right strategy, equipment, training, guidance and content to ensure you sound amazing while speaking to your niche audience and networking with your perfect clients. Get in touch jason@apodcastcompany.com