Brave Ideas Are Brandlords The Future Of Office Real Estate?
Reviewing the Trillion Dollar Hashtag with Antony Slumbers
Quote from Guest: “The difficulty with white labeling is you actually don't have, as you don't have enough of a brand” - Antony
Summary: Antony Slumbers, founder of ‘#SpaceasaService: The Trillion Dollar Hashtag‘, a course for those with ambitions to create great places and spaces. Antony was a guest on the first episode of the #WorkBold podcast and now joins Bold founder Caleb for the final episode of Season 8. In this episode, you will find out if his predictions and theories were true in our pre-pandemic episode.
Antony shares what questions he’s being asked by the supply side of our industry, what questions aren’t being asked that should be, and who is getting it right. Antony talks about some of the trends driving the future of office demand that he covers on his online course.
Antony and Caleb discuss a new phrase: brandlords, and they debate operator partnerships, management agreements, white labels and brands.
Connect with Antony on LinkedIn
Connect with Caleb on LinkedIn
If you have any questions or feedback on this episode, email podcast@workbold.co
Value Bombs:
The notion of requiring a human-centric real estate and service-led real estate industry as opposed to a product industry, I think is spot on and becoming more and more important each and every day - Antony
You'll never get to understand what is needed unless you dig quite deeply into the wants, needs and desires of individuals, teams, and the company - Antony
We need to be working to a situation where actually real estate is the output, not the input, the input is the human need - Antony
It's quite a scary thought for anyone in the real estate industry to look at their building and completely dispassionately ask the question, why would anyone come here? - Caleb
Real estate isn't gonna be all things for all people anymore. We need to really focus and target customers. -Caleb
Anyone running an office has to think about the things that you can do in an office better than anywhere else - Antony
Every landlord's gonna have to say, well, actually for this building, that's the right op operator for here in that building. - Antony
I think an owner of a building should be working very closely with their operator. -Antony
The difficulty with white labeling is you actually don't have, as you don't have enough of a brand - Antony
I think in 10 years you'll be picking from 40 different options. -Antony
Timestamps:
[7:00] Antony discusses whether his predictions in the previous episode he featured on were right.
[9:30] The drive behind the demand for Space-as-a-Service.
[18:26] What is this new way of working going to mean for the success of companies going forward?
[21:11] The questions being asked by the supply side of the industry and how to accommodate these nuances
[25:48] The characteristics of a good office.
[29:26] The Chicken and the Pig analogy.
[30:41] Antony’s opinion on white labelling or selecting a specific brand to partner with to attract specific customer targets into buildings.
Resources:
What is the Trillion Dollar Hashtag? #WorkBold Podcast with Antony Slumbers
Why is CBRE Forward cofounder ALL IN on Space-as-a-Service? #WorkBold Podcast with David Cairns
How to finance the future of commercial real estate. #WorkBold Podcast with Dror Poleg
#SpaceAsAService: The Trillion Dollar Hashtag - Version 2, Antony Slumbers, March 2022
This isn’t an acceleration, it’s a revolution, Antony Slumbers, March 2021
Remote work: A series of best practices for a remote workplace, GitHub, April 2020
The time is right for ‘brandlords’ to enter coworking/flexspace, Zoe Ellis-Moore, October 2022
Shoutouts:
About Antony Slumbers:
Antony is a globally recognised speaker, advisor and writer on proptech and space-as-a-service. A serial entrepreneur, he has founded and exited several proptech software companies and now consults real estate boards on their transformation, technology and innovation strategies. In September 2022 he launched ‘#SpaceasaService: The Trillion Dollar Hashtag‘ course.
Antony speaks internationally on ‘‘#SpaceasaService: The Trillion Dollar Hashtag’, AI, Innovation, and the future of work and the workplace. He also sits on the Advisory Board of Tenant Engagement leader Equiem and is a member of the Leadership Board of CRETech.
Connect with Antony on Twitter
Sponsors:
Headline Sponsor: TSK
TSK creates inspiring workplaces for some of the world’s biggest brands across the UK and Ireland. They've been working for 25 years to deliver the best employee experiences and the vision of their clients. Not only do they create great places to work, TSK share workplace content every week from the latest data to inspiring spaces they’ve designed and built. You can read their latest insights at www.tskgroup.co.uk or check out their LinkedIn and Instagram pages to become a follower, fan and friend.
TSK publish weekly thought leadership, research and content featuring their team, clients and partners about workplace, commercial interiors, hybrid working and how others have prospered from investing in workplace. You can check their latest publications and video content in the show notes by signing up to their weekly ‘work made better’ newsletter or visit tskgroup.co.uk.
Fortune Favours the Bold
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 (www.workbold.co)
Future Proof Your Portfolio with NewFlex
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. (www.newflex.com)
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