Rising demand for Grade A office space helps sustain Edinburgh commercial property market

Rising demand for Grade A office space helps sustain Edinburgh commercial property market

Technology, media, and telecommunications (TMT) companies are continuing to play a prominent role within Edinburgh’s office market, accounting for approximately 30 percent of transactions in the city. But rising demand for Grade A office space in Edinburgh by a variety of organisations, including coworking,  private and public sector tenants has fuelled significant occupier demand during […]

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Agile working driving structural change in New Zealand commercial property

Agile working driving structural change in New Zealand commercial property

Technological developments and agile working methodologies are driving significant, structural changes in the requirements for commercial property in New Zealand, according to new research from CBRE. One of these structural shifts is the rise in agile working, which has profound implications for the way office space is used. Unassigned seating is just one aspect of […]

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Flexible working and the rise of coworking reducing demand for London office space

Flexible working and the rise of coworking reducing demand for London office space

The number of new office buildings constructed since the financial crisis in 2008 has fallen in a year on year comparison by 56 percent, according to an analysis of planning applications carried out by property lending platform Lendy. The authors claim that the primary reason for the sharp decrease has been the greater uptake of […]

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About time we simply accepted that coworking and flexible working are the new normal

About time we simply accepted that coworking and flexible working are the new normal

Ask someone to list innovative companies which have become notable disruptors in their market and they invariably respond with two names – Uber and Airbnb. That is because both brands are positioned squarely and successfully at the retail consumer: for people who use a taxi or take an occasional short break in a foreign city, […]

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SMEs spend more time searching for private offices than coworking space

SMEs spend more time searching for private offices than coworking space

Searches for private offices have become more popular than coworking space among SMEs over the past year, according to new data from commercial property marketplace Hubble. The firm reports that this marks a reversal from the previous year’s results, although searches for coworking space remain disproportionately high compared to the overall office market. According to […]

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Flexible and coworking offices to account for ten percent of UK property market by 2027

Flexible and coworking offices to account for ten percent of UK property market by 2027

Demand for flexible workspace including coworking space soared across the UK during 2017, according to a report from Cushman & Wakefield. The study of the rapidly growing market also claims that WeWork is already the largest single corporate occupier of office space in London, with only the public sector exceeding its scale. In addition, the […]

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Occupiers concerned about lack of innovation from commercial property sector

Occupiers concerned about lack of innovation from commercial property sector

The UK’s productivity is lagging behind other G7 countries and property directors are concerned that landlords’ lack of proactivity around commercial property innovation may hamper efforts to move the UK up the productivity league table, according to the newly published results of  a survey carried out at the Property Directors Forum in December 2017, hosted by […]

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European commercial property market in good health as coworking phenomenon takes hold

European commercial property market in good health as coworking phenomenon takes hold

European commercial property markets have started 2018 in a positive way, with provisional data for 2017 from Knight Frank suggesting that investment volumes were higher than in 2016. If 2017 beats 2016’s total of €216 billion it will still remain well below the market peak of 2015 when over €250 billion was invested, according to […]

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Flexible space and smart tech to grow this year, while occupiers decide on Brexit

Flexible space and smart tech to grow this year, while occupiers decide on Brexit

The proportion of flexible space within occupier portfolios will continue to increase in 2018; a growing adoption of technology will redefine buildings, workplaces and portfolios; and it will be a year of decision for many businesses regarding Brexit. These are among the ‘UK Property Predictions 2018’ report from JLL which covers a range of different topics, with […]

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Coworking is shaping office design in more ways than you might think

Coworking is shaping office design in more ways than you might think

In his book How Buildings Learn, the author Stewart Brand outlines the process whereby buildings evolve over time to meet the changing needs of their occupants. He describes each building as consisting of six layers, each of which functions on a different timescale. These range from the site itself which has a life cycle measured […]

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Serviced offices and coworking spaces boom in Manchester in response to growing customer demand

Serviced offices and coworking spaces boom in Manchester in response to growing customer demand

Rising demand from businesses for flexible working space has sparked a boom in the provision of coworking spaces serviced offices in Manchester in 2017, according to the latest office market snapshot by real estate advisors Colliers International. The report showed serviced office providers addressed the need for flexible working from small and growing operators by […]

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Review:  ushering in a new era for the coworking phenomenon

Review: ushering in a new era for the coworking phenomenon

Ramon Suarez has produced a very practical book, based on his own experience as one of the pioneers of coworking. And let’s be clear – it is coworking (not “co-working”; there is no hyphen), as Suarez explains, “a coworker (a member of a coworking space) is not the same as a co-worker (somebody who happens […]

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