We have now passed the first anniversary of lock down, during which time working remotely has become the new norm and the daily routine. This has changed our perspective on how we can work together, the future of the working environment, the role of the office building and the role of real estate in this changing world. Recent surveys confirm that companies are looking at space requirements with a view to reducing the amount of office space occupied. What is actually happening? Is the city centre office building obsolete or is this merely lock-down chatter which will dissipate when Covid is firmly under control and normal working routines restored? If the flight from the city office is reality, what will the new world of work look like and how should investors ride this wave ?
Tim Stocks is a corporate financier, lawyer, and founder/managing director of James Stocks & Co. Incorporated in 2014, James Stocks & Co was established to provide corporate finance and fund raising services to the real estate and infrastructure sectors. James Stocks & Co has been active in the; residential (social housing, PRS and affordable sectors), leisure and hospitality, office development, self-storage and logistic sectors of real estate. James Stocks & Co publishes a highly regarded monthly newsletter on the Real Estate Investment Trust sector.
Before establishing James Stocks & Co, Tim was a lawyer and head of corporate finance at international law firm Taylor Wessing LLP. In this role he advised substantial listed and private companies on corporate transactions, corporate policy and strategy. Tim is the author of “Corporate Finance Law and Practice” and has contributed on corporate finance topics to the news media including The Financial Times, and CNN.