Corporate real estate strategies are now people centric focused on new ways of working

Corporate real estate strategies are now people centric focused on new ways of working

by • Flexible working, News, Property

Corporate real estate decision-making and people-centric strategies are becoming more integratedCorporate real estate decision-making and people-centric strategies are becoming more integrated, according to CBRE’s 2023 European Occupier Survey. The report claims that 68 percent of organisations have partnered across multiple business functions including HR, IT and Communications when implementing workplace change strategies, indicating the importance of real estate decisions at a corporate level. More →

Flexible working means large firms plan to work with less but better office space

Flexible working means large firms plan to work with less but better office space

by • Flexible working, News, Property

Around half of the world’s larger multinationals are planning to cut back on their office estate in response to the rise of hybrid and flexible workingAround half of the world’s larger multinationals are planning to cut back on their office estate in response to the rise of flexible and hybrid working, according to a new report from Knight Frank. According to the study, 50 percent of employers with more than 50,000 staff worldwide will reduce their office space by between 10 and 20 percent over the next three years. However smaller firms are set to increase their demand for office space according to the real estate advisor. More →

Office refurbishments rise to all time high in London

Office refurbishments rise to all time high in London

by • Facilities management, News, Property

The volume of all London projects including both office refurbishments and new space is up by almost 80 percent, with the West End continuing to lead the wayAccording to the latest London Office Crane Survey from Deloitte, London has seen the highest volume of new office refurbishments since records began in 2005, with 37 new schemes covering 3.2 million sq. ft. The volume of all projects including both office refurbishments and new space is up by almost 80 percent, with the West End continuing to lead the way. The report claims that over 10 million sq. ft. is now projected to be delivered during 2023, with this year on track to catch-up after several years of disruption. More →

Hybrid working, work from anywhere and the evolution of the Third Place

Hybrid working, work from anywhere and the evolution of the Third Place

by • Comment, Property, Workplace design

Two people working separately in neighbouring booths in an office to illustrate the principle of third place facilities in hybrid working cultures. The restrictions brought about by COVID-19 altered where we work and thus also how, when and through which channels we do work related activities. These changes radically altered the way previously office-based workers thought about ‘work’ as an activity. This new era of hybrid working had a significant impact on traditional models of workplace provisioning. One could argue that pre-COVID-19 the ‘work mindset’ was almost an afterthought because there were distinguishing markers that indicated when you were expected to work and when you were not. If you were in the office, then you were expected to be doing work-related tasks. Then, at the literal end of the day, you switched off your computer and went home and mentally ‘turned-off’ until you returned to work the next morning. More →

Europe not on track to deliver carbon neutral built environment by 2050

Europe not on track to deliver carbon neutral built environment by 2050

by • Environment, News, Property

Europe not yet on track: one year on since EU Policy Roadmap launch to deliver a climate neutral built environment by 2050It has been one year today (24 May 2023), since the World Green Building Council (WorldGBC) launched a new policy called the EU Policy Whole Life Carbon Roadmap, to help the European Union accelerate total decarbonisation of buildings and construction — the most heavily emitting sector in the world. Now WorldGBC and 12 European Green Building Councils (GBCs) are imploring the EU to implement the Roadmap’s principles at the scale and speed required through the announcement of BuildingLife2, a new project driving what it claims is greater transparency and accountability across the sector as it seeks to achieve the goal of a carbon neutral built environment. More →

BCO Awards for Central England continue focus on wellbeing and the environment

BCO Awards for Central England continue focus on wellbeing and the environment

by • Company news, Property

the BCO Awards for the region set out to recognise projects that demonstrate best practice in office design, fit-out, operation and sustainabilityWhat are claimed to be the Midlands and Central England’s most outstanding workplaces have been announced, with British Council for Offices Awards going to five office buildings across the region. Held at ICC in Birmingham, the BCO Awards for the region set out to recognise projects that demonstrate best practice in office design, fit-out, operation and sustainability. The organisers claims that the winners of this year’s competition in the Midlands and Central England stand out for their user-centred design credentials, as well as their creative implementation of wellbeing and sustainability measures. More →

APAC region leads the world in return to office bookings, report claims

APAC region leads the world in return to office bookings, report claims

by • Facilities management, News, Property, Technology

A new report from Eptura claims that there has been a global wave of return to office bookings returns led by the Asia Pacific marketA new report from Eptura [registration] claims that there has been a global wave of return to office bookings led by the Asia Pacific market, including a worldwide 338 percent increase in collaborative room bookings, 76 percent room booking check-in rate, 35 percent increase in visitor check-ins, and 3 percent increase in site inspections. More →

Environmental concerns and wellbeing continue to dominate BCO Awards

Environmental concerns and wellbeing continue to dominate BCO Awards

by • Environment, News, Property, Wellbeing, Workplace design

As was the case with the winners of other regional BCO awards, the winners of this year’s competition seem to focus on user-centric design, wellbeing and sustainabilityThe BCO Awards for the South of England and South Wales have been announced, with recognition going to six office buildings across the region. Held at The City Hall in Cardiff, the BCO’s annual South of England and South Wales Awards Dinner claims to recognise projects that demonstrate best practice in office design, fit-out, operation and sustainability, setting the standard for excellence across the sector. More →

Most firms don’t see retrofit as part of their net zero strategy

Most firms don’t see retrofit as part of their net zero strategy

by • Environment, Facilities management, News, Property

Without boards changing their attitudes and government action, the UK faces a building retrofit crisis which threatens the nation’s ability to ever reach net zeroDespite organisations and the Government setting environmental targets, when it comes to buildings, there remains a lack of commitment to prepare for net zero. Without boards changing their attitudes and government action, the UK faces a building retrofit crisis which threatens the nation’s ability to ever reach net zero. That is the main finding of a new report which explores the current state of retrofit for commercial property in the UK. More →

Over two-thirds of office landlords have no sustainability strategy

Over two-thirds of office landlords have no sustainability strategy

by • Environment, News, Property

The vast majority of UK office landlords do not have a sustainability strategy in place despite evidence showing that it would increase the attractiveness of their properties to tenantsThe vast majority of UK office landlords do not have a sustainability strategy in place despite evidence showing that it would increase the attractiveness of their properties to tenants, according to a new poll commissioned by infinitSpace in partnership with The Instant Group. The survey defined a strategy as several policies with an overall aim to reduce greenhouse emissions and/or promote environmentally friendly practices. More →

BCO Awards winners for North of England again focus on sustainable office design

BCO Awards winners for North of England again focus on sustainable office design

by • Environment, News, Property, Workplace design

Following last week’s announcement of the annual BCO Awards winners for London, the British Council for Offices has announced the winners of its annual Awards for the North of England. In fact all but one of the winners are located in Greater Manchester and the one that isn’t lies within twenty miles of it. The organisers suggest that the theme of sustainable office design runs through the submissions of the winning entries. More →

Wellbeing and sustainability are defining characteristics of London’s BCO Awards winning offices

Wellbeing and sustainability are defining characteristics of London’s BCO Awards winning offices

by • News, Property, Workplace design

London’s most outstanding workplaces have been recognised with British Council for Offices Awards going to seven office buildings across the capital. Held at the London Hilton on Park Lane, the BCO’s annual London Awards Lunch recognised projects that demonstrate best practice in office design, fit-out, operation and sustainability, setting the standard for excellence across the sector. More →

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