Page 22 - FDI Alliance International Magazine. Winter 2020 Digital Interactive Issue.

“SHOW ME THE MONEY”

IN THESE CHANGING TIMES

When Tom Cruise was trying to negotiate his comments provide insight that the office leases increased demand in the warehouse distribution
contract in the 1996 Movie, JERRY MAGUIRE, throughout the world may be shrinking. and transportation companies such as Fed Ex
his words to his agent was “SHOW ME THE and Amazon. The demand to have these
MONEY”. Tom Cruise was uncertain and was However, the pandemic has increased adequate type of transportation systems to get
not sure that the sustainability of his contract the demand for new vaccines and supply the vaccine to all parts of the world will have
would be in place, but he had the leverage chain industries throughout the world. The to be leveraged with capital and sound site
because he had personal talent. requirements for supplying the world with the selection analysis.
vaccines, which will need a sub -80 degrees
In today’s uncertain times related to economic Celsius storage and supply chain distribution To provide sustainability in the global economy
recovery from the COVID-19 pandemic, there is system to ensure all individuals have an and the increase demand of these requirements
a reason to continue to practice sustainability and opportunity to receive the vaccine. This requires there must be one thing that keeps the economy
quality site selection projects. Many of the projects
were put on hold because government agencies
were trying to control the COVID-19 epidemic
and requiring individuals and companies to
provide policies for “social distancing” practices
to incorporate a more stable work environment.
This pressure from corporations to possibly
downsize in some industries like office related
projects (customer call centers, corporate real
estate and large engineering firms) to small and
large retail businesses who catered to customers
on a daily basis.
Per the WSP, How Will Covid-19 Change
Demand for Office Space, Michael Meyer,
Managing Director of WSP quotes, “The typical
tenant will start thinking that maybe they (office
properties) don’t need space for 100% of their
employees, maybe only 75% or 60%. Or they
might not expand because of the crisis, but
just work with the space they have”. These

22. FDI ALLIANCE INTERNATIONAL