Landlords Face Looming New COVID Challenge

Landlords Face Looming New Covid Challenge

Landlords Face Looming New COVID Challenge

From 15 October 2021, authorised workers are required to have their first COVID vaccine dose and be fully vaccinated by 26 November 2021.  But what’s the potential impact of a two-class society, vaccinated or not, when it comes to tenants.  This article from The Urban Developer discusses this for commercial tenants, but could the same questions hang over residential tenants?

The Covid-induced evolution of Australia’s office sector is facing a new challenge: vaccinated versus non-vaccinated occupiers.

With vaccination rates rising and employers planning a return to the office for their workers, a question mark looms over how organisations with different vaccination policies will share the same buildings.

According to JLL’s head of research Andrew Ballantyne, a speaker at The Urban Developer The New Workplace vSummit, it is an issue with potentially major ramifications for the office sector but is yet to play out.

“If you look at the US, a number of organisations—and it’s a very diverse group of organisations, including some big multinationals—have come out and said we want our people vaccinated in order for them to return to the workplace,” Ballantyne said.

“I think it’s going to be an interesting one to watch in terms of the evolution in occupier requirements … because, ultimately, they’re sharing the same common areas, they’re sharing end-of-trip facilities.

Read the full The Urban Developer article here >>>

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