Embrace new reality post-pandemic or lose: analysts

October 2, 2020

By Tri-Cities News |

The future of commercial real estate and how companies work is in a state of flux as a result of COVID-19, businesspeople and analysts say.

From the pandemic’s start in March, people began to work or learn from home, making their neighbourhoods a greater focus of their lives at the expense of the areas in which they work.

And, the panellists speaking to the Union of B.C. Municipalities virtual convention agreed, businesses that try to return to what things were like pre-pandemic are going to be losers in the new reality.

“We know we are going to be living with the COVID virus for indefinite months or years,” panel moderator Craig Hodge said.

What it has meant, though, said Victoria Innovation, Advanced Technology & Entrepreneurship Council CEO Dan Gunn, is that the way people work has shifted dramatically. And that has an impact on workspaces, he said.

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