Agents adopt new concept

CBRE relocated within its Sydney headquarters at 363 George Street and redesigned its way of working by moving to an activity-based working model. The refreshed workspace is intended to support new ways of working for the team in Sydney.

CBRE is rolling out the activity-based working model across 21 offices worldwide, and the 363 George Street Sydney premises is the second of those 21 to complete the transition.

The article notes that other large organisations adopting the activity-based working concept include GPT Group, Commonwealth Bank, Goodman Group and Jones Lang LaSalle.

Tom Southern, CBRE's president and chief executive Australia & New Zealand, described the new office as a positive development in the evolution of CBRE Sydney, saying it increases collaboration, enables greater flexibility and instigates change in how people work.

According to CBRE’s leadership, the activity-based working design is intended to increase collaboration among staff, enable greater flexibility in how people work and instigate positive change in workplace practices.

CBRE's redesigned Sydney office is located at 363 George Street, which the article identifies as the company's Sydney premises involved in the activity-based working rollout.

Being the second site to complete the journey means the 363 George Street office is the second of CBRE’s planned 21 global offices to finish implementing the activity-based working model, indicating an ongoing, multi-site rollout.

Everyday investors who follow corporate strategy and workplace innovation may find it noteworthy that CBRE describes the move as a positive step in the evolution of its Sydney operation; the adoption of activity-based working aligns the company with other major organisations embracing modern workplace models.