A new report has found that the workplace of the future will be designed around the individual, that work will be done in the cloud yet workers will have their feet on the ground in vibrant precincts.

AMP Capital, in conjunction with Deloitte, has released the It’s (almost) all about me: Workplace 2030 – Built for us report that examines the future trends that will affect the workplace through anticipated changes in workers and work itself.

The AMP Capital workplace report examined the influence that mega trends including demographics, empowered individuals, global knowledge networks, resources, politics, technology, wealth and instability will have on this sector.

AMP Capital Office & Industrial Managing Director Louise Mason says the report is an important tool in helping to build a picture of how the workplace in 2030 might look.

“We are motivated by understanding and responding to the future needs and desires of our tenants, to help their businesses thrive by positioning our buildings to meet those needs for many years to come.

“We are already putting aspects of this report into action, with key findings being integrated into early planning on our prospective Young Street Precinct project in Sydney. Being able to develop desirable buildings will provide the market with great assets and also optimum investment outcomes for clients,” said Ms Mason.

AMP Capital Office & Industrial Divisional Development Manager Lino Caccavo who also contributed to the report, said the workplace is as much about life as it is about work.

“The report illustrates that when considering office spaces, it’s not just about the building, it’s about the precinct and the amenities it offers. In an environment where workers, knowledge and insight know no boundaries, it will be vital to create locations that are enticing.

“In 2030, employee collaboration will still be very important whether it be online, in the cloud or on the ground. When working together, the workplace and its physical location has to provide an environment that is adaptable, vibrant and designed to connect and facilitate,” said Mr Caccavo.

Other findings from the report include:

• Knowledge will know fewer boundaries due to developments in technology and connectivity.
• Time is no longer money; insight is the new currency.
• With the influence of demographic mega trends, the workforce will be on average, older and more female in composition.
• Workplaces will be nurturing, collaborative spaces that attract talent, not contain it.

About AMP Capital

AMP Capital is one of the largest investment managers in Asia Pacific, managing over A$128 billion on behalf of clients (at 31 December 2012).

It has a global reach with offices in Australia, New Zealand, Bahrain, China, Hong Kong, India, Japan, Luxembourg, the United Kingdom and the United States. It also collaborates with a network of global investment partners to leverage shared capabilities to provide greater access to new investment opportunities.

With more than 50 years’ direct real estate investment experience and over A$16.4 billion in funds under management (at 31 December 2012), AMP Capital is one of the most respected real estate fund managers in Australasia.

It has developed some of the best-known properties in Australia and New Zealand including building Sydney’s first skyscraper in 1962, still home to the AMP head office today.