EP 5 - IBM’s Frederico Egli on Adapting Office Spaces for the Hybrid Work Model

In this episode of The Future of CRE Sustainability, Sean speaks with Frederico Egli, Head of Real Estate for the US at IBM, who shares his journey from advertising to leading sustainable real estate initiatives. He discusses the importance of creating an ”intelligent portfolio” that consolidates office spaces to reduce carbon footprints and enhance operational efficiency.
Frederico also explores how the hybrid work model is reshaping office design, emphasizing the need for collaborative spaces that foster meaningful interactions. Additionally, he highlights the role of technology, including IoT and AI, in driving sustainability efforts and optimizing real estate decisions.
Topics discussed:
The significance of sustainability in real estate decisions, focusing on how IBM integrates climate change directives into its portfolio management strategies.
The concept of an ”intelligent portfolio,” which emphasizes reducing office space while maintaining operational efficiency and minimizing environmental impact.
The impact of the hybrid work model on office design, shifting the focus from traditional workstations to collaborative spaces that encourage teamwork and innovation.
The role of technology, particularly IoT and AI, in gathering data to optimize energy use and improve sustainability in existing buildings.
IBM’s initiative to repurpose existing vacant spaces, such as moving into a former Meta office in Austin, to promote sustainability and cost-effectiveness.
The challenges of convincing CFOs about the financial benefits of sustainable investments and how technology is making these solutions more economically viable.
The importance of listening to employee feedback to create workspaces that enhance productivity and align with the needs of the workforce.
The evolving role of real estate professionals, requiring collaboration with HR and marketing to create spaces that meet both business and employee needs.
Predictions for the future of commercial real estate, focusing on purpose-driven spaces that foster collaboration and innovation rather than just traditional office setups.