Sustainability, Tech Adoption Emerge Top Property Trends in 2021

Sustainability, Tech Adoption Emerge Top Property Trends in 2021

Sustainability, adaptable spaces, flexible leases and technology adoption, which have been accelerated during the Covid-19 pandemic, are the key trends that will drive the regional property market in 2021, according to JLL, one of the world's leading real estate investment and advisory firms.

Speaking at its annual outlook event hosted virtually in Dubai, Dana Salbak, the Head of Research at JLL Mena, said: “The year 2020 and the pandemic have reminded us of the fragility of our society and ecosystem, and have increased the focus on tech adoption, as well as, sustainability and Environmental, Social, and Corporate Governance (ESG).”

“To ensure business success, these elements must be at the heart of operating strategies and customer experience. Going forward, these themes will define the shape of the real estate recovery and of real estate investment over the coming years in the Middle East and beyond,” she stated.

JLL's 2021 outlook for each of the sectors across Middle East's property market include:





Offices

In 2021, office adaptations are likely to mitigate some of the reduction in demand arising from