Reimagining Real Estate 2024
Page 37 of 48 · WEF_Reimagining_Real_Estate_2024.pdf
Beyond these physical aspects, healthy buildings
are designed to cultivate social interaction and
mental health. Flexible spaces that encourage
collaboration, physical activity areas and access to wellness programmes all contribute to healthier
lifestyles. Incorporating quiet zones or spaces for
relaxation can reduce stress and enhance mental
well-being.
CASE STUDY 10
Inclusion champions
Enhancing social capital
and economic opportunity:
Social capital – the networks, relationships and trust
that exist within a community – is a key determinant
of urban resilience and quality of life that also drives
demand at both the asset and neighbourhood levels.
Cities that provide access to quality education, skills
development and job opportunities create pathways
for residents to achieve economic stability and
upward mobility. Ensuring that economic growth
benefits all residents, rather than just a privileged
few, is crucial for maintaining social cohesion.
Investments in education, affordable housing, workforce development and entrepreneurship
support are essential for creating an inclusive
economy that makes use of the talents and
potential of all residents.
To support these goals, cities need robust
governance structures that promote transparency,
participation and collaboration. Inclusive decision-
making processes allow communities to have a
voice in the planning and development of their
neighbourhoods, cultivating a sense of ownership
and engagement. This approach not only
enhances social capital but also ensures that city
policies and investments reflect residents’ needs
and aspirations.Frasers Property has introduced an industry-first “inclusion
champions” programme across its malls in Singapore. In
partnership with local community outreach organizations,
they provide inclusivity training for mall employees and
participating tenants to better support visitors with disabilities
and those living with dementia. Participating retail tenants
pledged to set aside spaces as dementia go-to points and
provide calm shopping hours weekly, where noise and lighting levels are reduced to create a sensory-friendly environment
for neurodivergent individuals and their caregivers. The
programme uses Frasers Property’s footprint as Singapore’s
largest suburban retail mall owner to create a more
welcoming and inclusive shopper experience for people
with diverse abilities and needs.
Source: Frasers Property
Reimagining Real Estate: A Framework for the Future
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