Milan Design Week 2025

Milan Design Week 2025

When design design becomes experience

Every year, Milan Design Week reinvents the way we perceive space, materials and uses. 2025 was no exception. For a few days, the city was transformed into a living laboratory, where the past rubs shoulders with the avant-garde, and where design is no longer something to be looked at: it's something to be experienced.

Parella looks back at his favorites and discoveries.

Milan Design Week 2025 Exhibition - Lighting
Milan Design Week 2025 Exhibition

Space as narrative

In Milan, places are not simply inhabited. They are transformed, staged and transcended. From historic palazzi to confidential workshops and secret showrooms, every space becomes a medium for emotion and intention.

Leading names such as Hermès, Gucci, Loewe, Aesop or Loro Piana offer us much more than just installations: they are truly immersive experiences. Light, materials, pathways... everything is designed to create meaning. Here, furnishings don't respond to a function, they tell a story.

At Parella, we believe that this narrative approach lies at the heart of the transformation of professional spaces: thinking of furnishings as sensitive writing.

Milan Design Week 2025 Exhibition - Illuminated wall

Color as manifesto

Carmine red, deep lilac, olive green, Klein blue... This year, color has spoken. No longer content to accompany, it asserts, challenges, reveals.

Far from the muted codes of the service sector, vibrant hues are making their mark, injecting contrast, emotion and warmth. What if, tomorrow, color were to become a genuine strategic tool in the service of inclusion, teamwork and even well-being in the workplace?

At Parella, this reflection resonates with our convictions: colors speak to all, but tell a story unique to each individual.

Milan Design Week 2025 Exhibition

An abundance of creativity, an infinite source of inspiration

Milan Design Week gave us the opportunity to rediscover iconic houses such as DEDAR MILANO, cc-tapis, Maison Pierre Frey or Élitiswhile exploring new creative territories: those of 6AM, Garance Vallée, DIMORESTUDIO, studioutteMissing Objects and Luca Zito.

These talents, both established and emerging, share a common quest: to reenchant space. They reinvent forms, hijack materials and question uses.

A new breath of fresh air that we incorporate into our projects, fueled by this
creative effervescence.

Milan Design Week 2025 Exhibition - bamboo structure

What Milan sowed, we sow.

At Parella, we are convinced that design is a catalyst for transformation. It shapes usage, embodies values and creates new possibilities.

Every project we support draws on this fertile breeding ground of inspiration, blending aesthetics, functionality and emotion.
A look back at Milan Design Week 2025, which is transforming the way we look at things and nourishing our practice, a little more every day.

Milan Design Week 2025 Exhibition - Paintings, wall decorations

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Our favorite Paris Workspace Expo 2025

Our favorite Paris Workspace Expo 2025

Parella at the heart of innovation at Paris Workspace Expo 2025

Strolling the aisles of Workspace Expo, you'll discover an array of innovations, concepts and bold designs that are redefining our work and living spaces.

Cosy living room Insula studio

Europe's leading trade show for workspace furniture and fittings took place from March 25 to 27 in Paris, Porte de Versailles.

The 2025 edition, bringing together over 300 French and international brands, and attracting more than 20,500 visitors, confirmed what we are already observing among our customers: the workspace has become a lever for strategic transformation.

Our teams were on hand to pick up on weak signals, explore strong trends... and confront our convictions with those of designers, manufacturers and industry experts.

The opportunity to highlight three key issues for our customers:

- The quest for increased flexibility.
- The importance of well-being and biophilic design.
- Commitments to responsibility and circularity.

Insula studio sofa-beds

This year, our absolute favorite is the Insula modular sofa, edited by Kettal and designed by the talented Patricia Urquiola.

From the very first glance, Insula is striking for its subtle blend of softness and architectural rigor. Its fluid composition, punctuated by generously proportioned modules, evokes an invitation to conviviality and well-being.

l'Insula instantly took me back to the authentic, immersive atmosphere of my last trip to Morocco. Right in the heart of Marrakech, in a lounge where low cushions and refined textiles invited relaxation and exchange, I let myself be enveloped by the voluptuousness of the materials and the warmth of the welcome.

Like a contemporary reinterpretation of these spaces for sharing, Insula transforms each place into an invitation to meet and dialogue. Its low, horizontal structure reinforces a sense of proximity, while its organic shapes and scrolled backrest add a touch of fluidity and sensory comfort.

What particularly appealed to me was its modular, adaptive aesthetic. Insula lends itself to an infinite number of configurations, adapting to the needs of a professional lobby, a domestic living room or a sun-drenched outdoor space.

Its delicately textured upholstery and palette of natural hues sublimate the space without ever weighing it down. A manifest piece, at the crossroads of design and sensory experience, that reenchants the way we inhabit our interiors.

Insula green sofa

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Building a B Corp legacy - our journey to certification

Building a B Corp legacy

Our journey to certification

In an industry often criticized for its impact on the environment, Agilité - a Parella company, was founded with the ambition to bring about positive change within the construction sector.
From the outset, Agilité- a Parella company, aimed to offer an optimal customer experience while reducing their environmental impact, which led them to apply for B Corp certification and adopt a responsible business approach.

As we reach the halfway point of B Corp 2025 month, we spoke to our Director of Operational Excellence, Kirsty Shearer, one of the founders of Agility - a Parella company and the driving force behind our B Corp certification, to find out what it means to be part of this forward-thinking, Generation B collective. 

Kirsty Shearer - Founder of Agilité

Kirsty Shearer

Director of Operational Excellence at Agilité - a Parella company

When Agilité - a Parella company was founded in 2018, the vision was clear: to create a company that prioritizes both customer satisfaction and environmental and societal stewardship. With a small team, getting everyone on board with this vision was straightforward. However, as we expanded into Europe, this became more difficult, as each country we work in has its own standards for social and environmental responsibility.

In 2019, we began exploring potential certifications to formalize Agility - a Parella company's commitment to responsible business practices, but it was difficult to find something that covered all elements of ESG. B Corp was the only framework that comprehensively addressed the company's objectives, although admittedly it was a real mountain to climb.

In 2019, we began exploring potential certifications to formalize Agility - a Parella company's commitment to responsible business practices, but it was difficult to find something that covered all the ESG elements. B Corp was the only framework that comprehensively met the company's objectives, although admittedly it was a bit of a mountain to climb.

In partnership with B Corp consultancy, A Beautiful Green, we carried out an in-depth assessment of our performance in five key areas - governance, workers, community, environment and customers - to establish a baseline, and therefore a foundation for measuring, managing and improving the company's social and environmental impact.

The journey to B Corp certification was a rigorous one, requiring two years of sustained effort to ensure that Agilité - a Parella company's long-term vision and values matched its external actions, a process that involved changes at both micro and macro levels.In December 2023, Agilité - a Parella company proudly achieved its B Corp certification, marking an important milestone in its journey towards responsible business practices. But the work doesn't stop there. In fact, we're already starting to think about our recertification in 2026.

The knowledge gained during the certification process has enabled us to implement responsible practices in everything we do. Since certification, I've taken on the role of Director of Operational Excellence, and it's my responsibility to ensure that our goal remains front and center as we continue to grow. I am building a team in the key areas of sustainability, quality, health and safety, operations, IT, governance and communications, to ensure that we continue to "walk the talk".

We work hard to surround ourselves with like-minded partners, and Agilité - a Parella company's commitment to sustainability extends beyond its projects to its entire supply chain. Our responsible purchasing program seeks out partners who share our long-term guiding principles, and with data-driven decision-making tools like Airtable, we're able to track regulatory compliance, performance and sustainability scores to ensure we're working with the right people.

With an exciting pipeline of projects in new geographies and collaborations with innovative customers, supply chain engagement is a real priority. Last year we introduced supplier forums in the UK, and we aim to extend these to all our sites by 2025. In the longer term, we are aiming for carbon neutrality by 2050, and are working with Neutral Carbon Zone (NCZ) to monitor, report and reduce emissions across our value chain. Currently a gold-certified member of the NCZ certification program, Agilité - a Parella company is aiming for platinum certification.

I truly believe that by continually raising its standards and adopting innovative practices, Agilité - a Parella company remains, as it always has been, dedicated to creating a better future for people, the environment and the global community.

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Parella Paris appoints three new Partners

Parella Paris appoints three new Partners

Parella, a leading player in corporate real estate consultancy and professional space planning, announces the appointments of Doriane Bettinger, Laura Seng Hazan and Clément Bach as Partners in its Paris office.  

"These appointments reflect the high ambitions of our Paris office, as well as the strength of our partnership model.

Thanks to their talents, each of these new Partners contributes to Parella's reputation. They are proof of our ongoing commitment to our clients, and bear witness to the richness of our growth, driven by multidisciplinarity and the constant quest for excellence and innovation", explains Olivier Neuman, Chairman of Parella.

Doriane Bettinger, Clément Bach and Laura Seng Hazan, Parella's 3 new partners

Doriane Bettinger

With six years' experience at Parella, Doriane heads up the People & Transformation division at Parella France.
Before joining Parella, Doriane worked for the Engie group, where she developed strong expertise in organizational transformation and change management.Her teams enthusiastically help companies to deploy modern working practices that are better adapted to their needs. Her approach is always centered on people, experience and commitment. Doriane is a graduate of Université Paris Dauphine-PSL. 

Clément Bach

Clément joined Parella France in 2015 as a consultant in the team of real estate valuation experts.
He then joined the team of consultants in the Real Estate Services department, where he has developed solid experience in a wide variety of projects: the strategic framing of real estate projects, the management of complex projects or the piloting of transactions involving leased or owned real estate assets. Clément is a graduate of ESPI.

Laura Seng Hazan

Laura joined Parella France's Real Estate Services department in 2011, after starting out at CBRE Global Investors. Since then, Laura has worked for clients in all sectors and of all sizes. Her in-depth knowledge of the real estate market and her ability to blend into organizations with diverse management cultures make her a recognized and appreciated specialist. Laura holds a Master 246 degree from the University
Paris Dauphine-PSL.

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Increase in ILAT

Increase in ILAT

a silent threat to tenant companies in the Paris Region

Quote or short catchphrase, short sentence or paragraph (> Always end sentences, even subheadings, with a period).

With the steady rise in the index of rents for commercial activities (Indice des Loyers des Activités Tertiaires - ILAT), companies renting office space, particularly in the Paris region, are seeing their service charges increase.

Although this may seem a technical subject, it is one that should be at the heart of CFOs' concerns, as it has a direct impact on cash flow and budgets.

Analysis of a phenomenon and solutions to deal with it.

ILAT logo

Michael Kaplan

Associate

Vincent Ternynck, Real Estates Services Director

Vincent Ternynck

Real Estate Services Director

An increase that weighs heavily

Since 2018, ILAT has recorded an increase of 21.62%, rising from 112.74 in the 3ᵉquarter of 2018 to 137.12 in the 3ᵉquarter of 2024.

This index, which adjusts rents for tertiary activities, follows inflationary trends and reflects the cost of construction and economic growth.

Let's take a concrete example: a company having signed a lease in 2018 for an annual rent of €300,000.

With the ILAT evolution, its rent for 2024 will reach €364,875, i.e. an increase of +€64,875.

Photo of a building with an atypical design

Why is ILAT rising so fast?

Historically, ILAT was supposed to be less volatile than ICC (Indice du Coût de la Construction), long used to index commercial leases.

ILAT is based on a mixed basket including inflation (Consumer Price Index), the cost of new construction and Gross Domestic Product (GDP) in value terms. This combination was intended to mitigate extreme variations, unlike the ICC, which is based solely on the cost of construction.

Currently, ILAT is particularly sensitive to economic fluctuations, due to the combined effect of several factors:

- Inflation, which remains high since 2021, fueled by rising energy and raw material prices.

- The cost of construction, impacted by rising materials prices and environmental constraints.

- Changes in GDP, which reflect an uneven economic recovery and influence.

This dynamic highlights a central issue for companies: how to absorb these increases while other operating expenses are also rising?

Major risks for tenant companies

The impact of the ILAT increase goes beyond rents. Several risks are looming for tenant companies:

- Increased financial pressure
An unanticipated increase in rents can reduce companies' investment capacity and affect their cash flow.

- Unpredictable budget
The high volatility of the ILAT complicates budget planning, making financial projections less reliable.

- Reduced margins
Real estate often represents the second largest expense item for companies, just after salaries. In a tense economic environment, where cost control is essential, a 20% increase in an expense item as strategic as real estate can weigh heavily.

How to adapt?

To cope with this increase, companies are well advised to adopt a proactive management approach.
Here are a few avenues to explore:

- Anticipate ILAT increases in budget forecasts

CFOs need to factor anticipated ILAT increases into their budgets. With an average annual increase of 3-4%, planning over 3 to 5 years becomes crucial.

- Negotiate leases

When signing or renewing a lease, negotiate more protective clauses, for example by capping indexation (e.g., at 2-3% per annum upwards or downwards).

- Optimize office space use

With the spread of telecommuting and hybrid ways of working, the question of leased space is essential. Reducing a €364,875 rent by 10% saves €36,487 a year in rent alone. Controlling surface area will also save on charges and taxes.

- Diversify locations

If business allows, explore locations outside the most expensive areas of the Paris region. Some locations offer more affordable rents, with lower indexations.

Back-view photo of La Défense buildings - illustrates the Strategy & real estate transactions section

A challenge, but also an opportunity

The ILAT increase is a reality that all companies have to face.

While the risks are significant, they can be transformed into opportunities. Optimizing space, renegotiating lease clauses, or even reinventing real estate organization are all levers that can be used to lighten this burden.

To remain competitive, companies need to adopt a proactive and strategic approach. Above all, they need to bear in mind that real estate, although costly, can be a lever for attractiveness and performance, if carefully managed.

IN BRIEF

- ILAT has risen by +21.62% since 2018.

- A company with an annual rent of €300,000 in 2018 could be paying €64,875 more in 2024.

- Solutions lie in anticipation, negotiation and optimization of leased space.

Acting now is essential to limit future impacts and better control costs.

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Olympic & Paralympic inspirations

Olympic & Paralympic inspirations

Memories and their lessons

Quote or short catchphrase, short sentence or paragraph (> Always end sentences, even subheadings, with a period).

This weekend, I received my souvenir tickets from the Olympic and Paralympic Games.
It took me back to the stands of the Stade de Versailles during the para-dressage event, facing the Château and the great waters, surrounded by greenery and fairly wet but delighted supporters. What will remain of the vision of the future offered by the Olympic and Paralympic Games? Was it an enchanted interlude, swiftly closed by the busy back-to-school news?

Like many of us, I refuse to believe it, preferring to think that we could, perhaps, also surprise ourselves by drawing lessons and inspiration from them for our day-to-day office life.

What lessons could we learn from these magical moments for our working environments?"

Hospitality

How pleasant it is to be greeted by an enthusiastic, smiling human being on arrival at a site!
While the volunteers demonstrated incomparable energy and good humor throughout the events that punctuated our summer, the baristas or coworking hosts were not to be outdone.

Post covid, we realized that offices would remain an essential place to work, not least because of the social ties that employees bring with them (a trend confirmed by our latest barometer).

Today, a human welcome remains a strong added value, provided you give it the means to do so. A mobile hostess, freed from her reception desk, working in a warm environment like a hotel lobby, and able to offer your visitors a cup of coffee, will put them in a much better mood.

We applauded these volunteers because, in addition to their smiles, they were the backbone of these games, some visible, others working in the shadows. Doesn't it make you think of other colleagues, whether they're called members of the work environment, or more soberly general services? We should think about celebrating them too, highlighting the actions that keep our buildings running smoothly.

Space with large staircase at Neptune Energy

Inclusion

Much has been said about this for the opening ceremonies, but I found it particularly well done on site access, removing the usual barriers around disability.

As the Versailles site requires a long walk, electric shuttles were made available for anyone who has difficulty walking, has a visible or invisible disability, or is just elderly, pregnant, etc. There was no need to show any kind of card or pass to benefit from them.

Tools developed to assist one type of disability can be used by all if they are designed with this in mind. For example, for each event, the Games' dedicated application gave you access to an audio description. While this was aimed at the visually impaired, it was also educational, and very useful for children or non-expert audiences.

In the design of spaces, inclusive design aims to take into account the physical and physiological needs specific to each person by translating them into spaces that are useful to all. A height-adjustable desk, for example, will be indispensable for an employee in a wheelchair, but will also be much appreciated by someone suffering from occasional lumbago.

Taking inclusion into account must also be reflected in communication, like this delicate attention to "Stand up, if you can, for the hymns."

Digitization

Venue management applications are still underdeveloped, implemented by lessors during the marketing phase, but often shunned by users.
During the Games, the various applications (Transport, Tickets and Olympic) were particularly used by visitors. I'll give you my positive impressions of these applications:

- Visible: Everywhere, on all the physical sites or websites, QRcodes prompted visitors to download the applications. Impossible to miss.

- Systematic: No choice for tickets, you had to go through the tickets application. I found this compulsory process very reassuring.

- Updated: The news feed was regularly updated. It's true that there was a lot of news during the Games, but there must be something to be said for regular news in our businesses.

- Ergonomics: it can't be said often enough, but the care taken over the ergonomics and design of an application makes it a success. The graphic charter, also applied to all downloadable documents, contributes to a pleasant digital experience.

- Rich content: in addition to the latest news, a wealth of educational and practical content was available, including maps, explanations of events and sites, etc.

- Personalization: the content on offer could be personalized according to your choices (which team you support, which sport you want to follow) and according to the tickets you purchased. This implies a certain interconnection.

Less concrete

"Less concrete" as Phryge would say: To reduce its ecological impact, Paris 2024 has given priority to temporary installations. We've seen ephemeral stadiums spring up right in the center of town.

This inspires me to think about 2 things: Firstly, the question of materials. In many development projects, particular attention is paid to the sourcing of local or recycled materials. This virtuous practice should be encouraged. But it also needs to be sustained over time.

As I said in my article on persistence in real estate projects, it's all very well to inform your employees at the time of the project, but it's also important to keep this information available over time. For example, a label indicating that such and such a piece of furniture was produced in France, or that such and such an acoustic wall is made from recycled materials. This way, new employees or visitors will be able to (re)discover your environmental commitment long after the project has been completed.

Then there's the question of temporary installation. We all know that the animation of a site is essential. It can also be a factor in innovation, by testing out new facilities. How can we do this? With furniture rental, which is becoming increasingly popular. For example, if your team is unsure about the type of meeting room it should use, you can test a brainstorming area with tall furniture and, after a few weeks' use, decide whether it's the right choice. You can also apply it to your common spaces, reception areas, etc.

Cosy space at Neptune Energy

Nudge addict

For the end At last but not least as our English friends say.

I loved the little messages from the phrygians.
" One two tri!" to encourage people to recycle waste, "Chou must go on" and "veni vidi veggie" to encourage people to discover vegetarian and gourmet recipes, "espace VIB (Very Important Biodiversity" to raise awareness of the need to respect the site, with each time a too-cute drawing of Phryge and a QR code to find out more.
Passing on an instruction with joy and happiness is definitely more effective than the traditional "forbidden to" and "Thank you for" methods.

So here's to your word games!

Digitization

During the Games, the different applications (Transport, Tickets and Olympics) were particularly used by visitors.
I give you my positive impressions of these applications:

- Visible: Everywhere, on all the physical sites or websites, QRcodes prompted visitors to download the applications. Impossible to miss.

- Systematic: No choice for tickets, you had to go through the tickets application. I found this compulsory process very reassuring.

- Updated: The news feed was regularly updated. It's true that there was a lot of news during the Games, but there must be something to be said for regular news in our businesses.

- Ergonomics: it can't be said often enough, but the care taken over the ergonomics and design of an application makes it a success. The graphic charter, also applied to all downloadable documents, contributes to a pleasant digital experience.

- Rich content: in addition to the latest news, a wealth of educational and practical content was available, including access maps, explanations of events and sites, etc.

- Personalization: the content offered could be personalized according to your choices (which team you support, which sport you want to follow) and according to the tickets you purchased. This implies a certain interconnection.

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Remanence of a real estate project

Remanence of a real estate project

An important subject

Persistence: "The partial persistence of a phenomenon after its cause has disappeared.".

When carrying out a relocation project, the time constraints are often numerous, and the focus is on the date when the teams move in, and all efforts are concentrated on making a success of this welcome day.

It must indeed be a high point for the teams present, the culmination of several months' thought and work. But what remains of this collective effortand enthusiasm after the move?

It's over time, however, that a transformation project will bear fruit, so it's important to ensure that it lasts .

Meeting room at Laurens, by Parella

Laurens project by Parella

Think story telling right from the start

What do you want to retain as a strong message from this move?
Certainly not the fact that you had to leave your previous location because the building was outdated or your premises were too small for your growth.

While this cause must of course be explained at the outsetthe project, it the ambition you're going to define for your target building. target building:

- the creation of a common home,

- theexpression of your values,

- the deployment of an employee experience in symmetry with your attentions to your customers ...

This ambition will guide the
programming of your building and the design of your spaces, and will need to berelayed by the communication plan.

Catering area at Laurens, by Parella

Tverything doesn't end with the move - on the contrary, it's where it all begins!

While project teams generally arrive exhausted at the end of the marathon that is a relocation project, for employees, this is where it all begins: the appropriation of new premises, the discovery of new ways of working, the establishment of new rituals...

To get the ball rolling, we feel it is necessary to bring new players into the game, second-half "finishers of the second half as Fabien Galthié in rugby.

They will be in charge of instilling this energy and promoting these new uses, making the most of the spaces and services put in place by the design team.

It's to accompany this implementation that we like to return to our projects after the move-in, to provide feedback that is much more than an assessment, it's a plan of action for the future.

Time for appropriation

During the course of your project, you may also discover a subject that you don't have the time to deal with, or for which the use is not yet complete: for example, the installation of a multi-purpose reception area.

Rather than risk setting up a layout that is not suitable, launch an experiment with salvaged or rented furniture for the test period.

In this way, you can calmly fine-tune uses with users, and continue the dynamic of progress after installation on site.

In the same way, you can leave yourself breathing space, in terms of personalization or additional space, as uses are gradually defined as the site is appropriated.

Experiment with, formalize and disseminate the development charter

In the case of a group with several sites, the deployment of newworkspaces and innovative services on one site should be considered as an experiment.

This can be an opportunity to publish a workspace designcharter , as in the case ofArkea, which presented it to its Works Council before rolling it out to the various projects in progress, or Sanofi, which has written a playbook of service references to be applied to its various sites.

This helps to unite the group and spread the employer brand. Employees who have to travel to different sites will find a familiar working environment, which reinforces the sense of belonging and collective performance.

Arkea meeting room by Parella

Include user experience din the integration process

It is essential to include two moments in thee integration process: firstly, to remind them of the ambition and the reason why we are living together in this building, and secondly to explain to them the how, the services they will be able to find, the good uses of the facilities. explain the how, the services they'll find and how to use the various spaces.

That's a lot of information for a first day, this appropriation must be staggered, as it is when you're moving in: add abuddy"to to help the new employee first discover his or her immediate working environment: team territoryteam territory, and and, of course, the restaurant..

To promote good habits, a session on the rules of life could be useful.At Parella, every 6 months, we hold a workshop on the rules of life.La Bonne Bulle© to share uses to newcomers.
Then we'll take the new employee to discover the building's building, for for example a visit to a sports class.

Time for appropriation

During the course of your project, you may also discover a subject that you don't have the time to deal with, or for which the use is not yet complete: for example, the installation of a multi-purpose reception area.

Rather than risk setting up a layout that is not suitable, launch an experiment with salvaged or rented furniture for the test period.

In this way, you can calmly fine-tune uses with users, and continue the dynamic of progress after installation on site.

In the same way, you can leave yourself breathing space, in terms of personalization or additional space, as uses are gradually defined as the site is appropriated.

Lhe eye for detail

In a development project, many ideas are put forward by project teams, debated and adjustedes, finally implemented ... but who remembers the care taken to the choice of layout?

Yet it's this detail that I feel is important to highlight and to remember - or to discover for newcomers and visitors alike.

I found interesting the little explanatory labels that Sanofi has been able to put up in its its Maison: indicating that a particular acoustic has been eco-made from recycled materials, and its contribution to workspace comfort, or that the presence of planted areas promotes the well-being of employeesand that they have have been designeds so that that 65% of employees have a direct view of the vegetation.

NAOS lockers with floral detail, by Parella

The future every day

When we ask workplace managers about the future of the office, they tell us that they are living the future on a daily basis, constantly listening to new user needs and adapting and testing their service offering accordingly.

We can lay the foundations for continuous improvement on 3 principles:

- Sponsoring / Reporting: Setting objectives and using KPIs in line with corporate strategy (space occupancy, employee satisfaction, service use, etc.).

- Transversality: Include all contributors to the user experience (Work Environment, IT, HR, Com) in a monitoring committee, and define management processes to ensure its reliability.

- Community animation: Establish a dialogue with employees and managers, based on regular workshops and surveys, to consolidate areas for improvement and identify new expectations.

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Flexibility in your rental commitments

make your rental commitments more flexible

5 tips for getting there

Flexibility is a growing need for companies, in a changing economic and social context.

Do you know how much m² will be needed to support your growth in 3, 6 or 9 years' time?

As your business evolves, so will your needs. Flexibility in your lease commitments is essential to ensure that they don't prove restrictive over time.

Here are 5 tips to help you add flexibility to your leases.

Photo of armchair and sofa at Scotto, illustrates the Design & Architecture section

Rent too big and sublet your surplus while you grow

To make your rental commitments more flexible, we recommend over-letting and subletting.
Some companies choose to take on larger surface areas than they need from the outset, and sublet the surplus.

There are several reasons for this:

- While subletting can represent a financial risk, this is limited in areas with low vacancy rates (Paris Centre, Paris QCA, etc.).

- This option enables you to absorb your growth over time by limiting the rental charge to the surface area you need.

- In in-demand and competitive rental sectors, taking on large surface areas can help your bid, and prevent the landlord from dividing up the building.

- If you opt for an entire building, which you can dispose of independently, you'll gain in ease of management. You'll also be able to create synergies that will boost your internal innovation by welcoming like-minded companies onto your premises, as in the case of corpoworking.

Catering area at Scotto by Parella

For every context, the right solution

We helped one of our customers, a major player in the tech sector, to lease a 7,000 m2 building in the CBD.
Their initial requirement was for 5,500 m2, so to position themselves in the face of strong competition for the premises that best met their needs, we negotiated a clause allowing them to sublet up to 40% to third-party companies without prior approval from the lessor, enabling them to adjust their space requirements.
Our customer chose to take the risk of subletting, a risk that paid off.

Add an additional exit option to the usual 3/6/9 maturities

Lease deadlines are not always adapted to your company's strategic stages.
To limit constraints and be able to move without delay, it is possible to negotiate one or more exit options in your lease, in addition to the usual deadlines (3, 6 and 9 years).

Depending on the geographical sector and the balance of power between lessors and lessees, a departure indemnity is usually requested. It is generally calculated in proportion to the support measures obtained at the start of the lease. It is therefore essential to negotiate them well.
You can also think in terms of flex ready, i.e. right from the start of your construction phase, design layouts to facilitate the implementation of a flex office organization, which can be deployed during the life of the lease without any additional work. In the current context, our customers are increasingly demanding this type of support.

Negotiate the possibility of surrendering or taking over additional m² during the lease term

During the term of your lease, it's a good idea to be able to increase or restore floor space in the event of a sharp change in your workforce and your requirements.

Including the possibility of reducing your m² between two terms can give you real flexibility.

In the event of unexpected growth, we recommend that you include a preferential right on floor space that becomes available in the building. This will give you priority over other applicants from outside the building.

For every context, the right solution

To support several of our customers (industry and investment funds) with medium-term external growth plans, we included a preferential right in the negotiations.
This gave them the possibility, during the lease term, of taking on additional floor space within their property complex, in the event of a third party vacating it.

For a shorter commitment, opt for derogatory leases or
subleases.

If the minimum firm term of a standard
lease (3 years) seems too long, there are other solutions that offer a shorter commitment.

Overriding leases or subleases are sometimes offered for 1 or 2 years. We recommend that you consider these options.

But beware: fitting out premises so that you can work in good conditions comes at a cost, and this must be taken into account in relation to the short commitment period.

Meeting room at Scotto by Parella

For every context, the right solution

We recently assisted one of our customers in the consultancy sector with the transfer of one of their group's activities. To enable the entity concerned to take the time to build its new corporate strategy and anticipate its longer-term growth needs, the option of a 2-year sublease in plug-and-play premises was chosen after comparing the various possibilities.

To make your rental commitments even more flexible, opt for coworking.

If our previous tips don't give you enough flexibility, coworking is an option to consider.
By freeing yourself from design-build periods, you can speed up your move-in.

Once you're in the premises, flexibility works both ways:

- If your needs are shrinking, it's possible to free them up with short notice (usually 1 month). If you're expanding, it's easy to take on more workstations or space on the site.

- If, on the other hand, you're expanding, it's easy to take on more workstations or space on the site.

Of course, this flexibility comes at a cost, as coworking spaces are more expensive than traditional office leases over the long term.

For every context, the right solution

When the timing is tight, this option can be a real advantage. This was the case for one of our customers whose head office was spread over two buildings. As one of the sites had to be evicted by its owner, it became urgent to relocate the teams quickly.
As one of the sites had to be evicted by its owner, a deadline issue required rapid repositioning. We advised our client on a suitable co-working solution, while we supported the group in defining and implementing its new reunified headquarters project.

Key figures in brief

In the 1st quarter of 2022, coworking operators were back in the driving seat (5-digit numbers or more).

10%

of all volumes placed in the capital

14%

in the Paris Central Business District (CBD)

4%

of leased space in this sector

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Recycled & made-to-measure design

Recycled & made-to-measure design

a trend to follow!

Fortunately, there are craftsmen today to meet these expectations, and we met one of them.

Thomas Bouzanquet is passionate about reusing materials, which he works on with love and conviction.

For the past 8 years, this entrepreneur has been offering his customers an alternative, competitive approach that enables them to contribute to protecting the environment.

Product launches, scenography, festivals, layout or the creation of personalized iconic objects - whatever the request, he will meet it by reusing materials, shaping them as he sees fit.

Boat recycled as sofa at Groupe Rochern by Parella

Groupe Rocher project by Parella

3D Kitchen and catering area at NAOS by Parella

3D rendering by Parella

Reusing materials: a question of balance

Still relatively unknown, the reuse of materials is emerging as awareness grows.

In the CSR movement, it brings real creative possibilities compatible with ERP standards.

Whether restoring or creating new parts, Thomas will maximize reuse. But beware, he has to juggle with the customer's financial constraints and timetable requirements.

"It's important to offer solutions that strike the right balance between budget, responsiveness and low carbon footprint."
says Thomas.

Colorful bags of recycled materials at the Pavé factory


Parella Group visit to Le Pavé© plant

Creating with the best eco-responsible materials

Thomas works step by step, hand in hand with his customer.

The first step is to fully understand the customer's needs, and in particular the object's use. Then comes the sourcing of the material and its possibilities, durability and quality.

Other practical aspects, such as lead times or technical standardization constraints, can influence the design.

The project is conceived in co-construction with the customer, from the sourcing of raw materials to production.

The specialties of Thomas and his team

"Each creation is unique! We design our projects around materials. Sourcing them is crucial to identifying materials that offer the optimum quality for reuse.

We have developed our own material pools, as well as joinery and metalwork workshops that enable us to be reactive without compromising on quality."

Tailor-made design

To inspire and create unique atmospheres, some companies have opted for upcycling.

This is the case of Groupe Rocher, a company with a mission, which recently refurbished its premises.
Among the iconic objects:

- La Balise Nautique
Like a unifying lighthouse, the beacon is the anchor of the Petit Bateau brand's convivial space." Sourcing quickly identified that restoring a beacon would be incompatible with the constraints of the building, as the weight was too great.

So, with the Parella team, we decided on a made-to-measure solution made entirely from recycled materials."

- Les banquettes barques
The materials were sourced locally. Restoration and transformation work was carried out to meet the comfort objectives.
We also share some ideas to inspire you:

fr

Photo La Balise Nautique at Groupe Rocher by Parella

The Nautical Beacon at Groupe Rocher by Parella

Boat recycled as sofa at Groupe Rochern by Parella


Groupe Rocher's Banquettes Barques by Parella

Her advice on reuse?

- Favoring a local source

Thomas points out that the volume of reusable materials is diversified locally, so it would be a shame to favor a distant source.

For Groupe Rocher, an audit was carried out to identify materials that could be reused locally. This has considerably reduced the environmental impact.

- Take the time to co-construct

Working, designing and manufacturing made-to-measure objects implies a change in working habits to ensure follow-up and co-construction throughout the project."

We don't choose materials from a catalog. Instead, we're involved in the technical decision-making process throughout the production process. This implies co-construction. Made-to-measure is not something you find on the shelf.

It requires adaptability and taking the time to source.
We work on all types of project, new and recycled materials, for all types of sector: luxury, catering, festivals.

To minimize the environmental impact of our creations, we seek, wherever possible, to maximize the use of recycled materials."
- Thomas Bouzanquet

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Small living room with red and yellow armchairs, light wood coffee table, at NAOS, by Parella

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