Serviced and coworking offices top London leasing market for the first time

Serviced and coworking offices top London leasing market for the first time

 Serviced and coworking office space providers have accounted for the largest share of space leased in Central London for the first time, according to new research from Cushman & Wakefield. During the first half of 2017, serviced office or co-working providers – such as WeWork and The Office Group – accounted for 884,235 sq ft […]

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UK remains most attractive global commercial real estate market, despite Brexit

UK remains most attractive global commercial real estate market, despite Brexit

One in three (31 percent) commercial real estate investors say that the UK remains their preferred region to invest in, with a figure that has remained the same since June 2016 despite the UK deciding to leave the European Union in that period. While a quarter (24 percent) of real estate investors favour Germany as […]

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Balfour Beatty predicts a human free construction site by 2050

Balfour Beatty predicts a human free construction site by 2050

Balfour Beatty has  published a paper called Innovation 2050: A Digital Future for the Infrastructure Industry, which predicts that the construction site of the future will be in stark contrast to what we see today. Most notably it will be human-free with work moved off-site with remote control of machinery and new materials and techniques […]

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Business Centre sector continuing to thrive amidst increased competition and Brexit uncertainty

Business Centre sector continuing to thrive amidst increased competition and Brexit uncertainty

New research published by the Business Centre Association (BCA) in collaboration with CBRE claims that the business centre sector enjoyed a 13 percent increase in turnover and was home to around 11 percent more workers in 2015 and 2016, despite initial fears about the impact of Brexit on the sector, and increasing competition from new […]

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A new approach to office design is redefining our relationship with property

A new approach to office design is redefining our relationship with property

At the end of the 18th Century it was becoming apparent that overpopulation was something the human race would need to address for perhaps the first time. Advances in technology and the urbanisation that followed the Industrial Revolution had created a new set of challenges. These were most famously laid out in a 1798 book called […]

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From footprint to footfall: how the experiential workplace is set to take over the world

From footprint to footfall: how the experiential workplace is set to take over the world

The culture within which we work determines how effective, successful, fulfilled and well we are in both our professional and personal lives. The organisations for which we work – on whatever basis that might be – the physical surroundings they create, and the other places in which we choose to work are now woven into […]

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British Land launches Storey flexible workspace brand

British Land launches Storey flexible workspace brand

British Land has launched Storey, a new brand providing flexible workspace for businesses employing between 20 to 70 people and larger organisations seeking additional space on flexible terms. Created to fill a perceived gap in the London office market which customers say is not being satisfied, Storey provides offices for companies who have outgrown co-working […]

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Hong Kong and London’s West End again top global commercial property costs, according to CBRE

Hong Kong and London’s West End again top global commercial property costs, according to CBRE

Hong Kong (Central) and London’s West End topped the list of prime commercial property occupancy costs again, according to CBRE Research’s latest annual Global Prime Office Occupancy Costs report. Hong Kong’s (Central) overall prime occupancy costs of US$303 per sq. ft. per year topped the “most expensive” list, followed by London’s West End (US$214 per […]

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Commercial property giant acquires controlling stake in London based flexible office provider

Commercial property giant acquires controlling stake in London based flexible office provider

While we should never read too much into a single piece of business, the news that one of the world’s largest property investors is buying a young and still growing British flexible office provider is surely a sign of things to come. As Blackstone, a private equity giant with £140 billion of real estate assets […]

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3D printing and Virtual Reality could reduce waste in design and construction says BCO

3D printing and Virtual Reality could reduce waste in design and construction says BCO

Digital technologies such as Virtual Reality (VR) and 3D printing could help reduce waste during a design and construction project, suggests a new report from the British Council for Offices (BCO). “Virtual Reality and 3D Printing – Reducing waste in office construction through new technology” reviews the existing applications of these technologies and their ability […]

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RICS and banking sector sign commercial property valuation agreement

RICS and banking sector sign commercial property valuation agreement

The Royal Institution for Charted Surveyors (RICS) and the British Banking Association (BBA) have signed a memorandum of understanding outlining their commitment to maintaining high standards in commercial property valuation. The trade bodies intend to future proof the profession by working on maximising consistency in standards of practice, supporting risk-based regulation and tools for managing […]

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Will battery storage be the next big energy trend for commercial buildings?

Will battery storage be the next big energy trend for commercial buildings?

Building managers and FMs are under growing pressure to reduce costs and convince senior management about the need to take control of their energy needs according to a survey carried out a recent energy event; which also revealed that the majority (56 percent) believe that battery storage will be the biggest energy trend in the […]

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