January 22, 2013
Reversal of usual state of affairs as offices turn into homes
After years in which we have gradually seen technology and flexible working practices transform our homes into offices, the UK Government has reversed this apparently natural order of things by introducing legislative changes to the planning system that will allow developers to convert office buildings into blocks of flats without asking councils for planning permission. The intention is to address the UK’s housing shortage and stimulate the economy. It’s also a sign that many offices are empty as both a consequence of the downturn and changes in the way they are designed and used. (more…)
German cities dominate the investment prospects for Europe’s commercial real estate sector as investors favour safe havens according to a new report – 
Business spending will grow tentatively over the next two years, according to a new report from the 
The application to build a new business district within the government-designated Airport City enterprise zone in Manchester has been granted outline planning permission by Manchester City Council. The UK coalition government made the area one of its first four “vanguard” enterprise zones in March 2011 to provide fastrack planning and tax breaks to encourage rapid development. The application involves the creation of 113,400 sq. m. of office space, 49,000 sq. m. of industrial units, and 5,800 sq. m. of retail and leisure facilities on the outskirts of Manchester. The £650 million scheme is anticipated to create over 11,000 jobs over the next 15 years.
US based technology giant Google has completed the long expected £1bn property deal for a brownfield site in the King’s Cross Regeneration Area in London. The 2.4 acre site is located between King’s Cross and St Pancras rail stations and will be used for the development of an up to 11 storey complex which is due to be complete during 2016. Google will rationalise its two existing London locations into the new office and workplace design aficionados will be expecting great things from a firm that is renowned for its original approach, most recently at its 
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No new building ever really deserves to be called ‘landmark’ unless it has acquired a nickname while still on the drawing board. That is why we can be assured that we will be hearing a lot more about the Kohn Pedersen Fox designed 38 storey HQ for US insurer WS Berkeley which has just been granted planning consent and already rejoices in the moniker ‘The Scalpel’. The new facility will provide over 500,000 sq ft of commercial space over 35 floors in Lime Street, East London. 
A new report from Deloitte has highlighted what it believes are the key trends in the market for telecommunications, media and technology as part of its annual TMT Predictions research project. Amongst other things it predicts a slowdown in the uptake of Bring Your Own device polices, the enduring appeal of the laptop, a change in the way we protect our data and devices, and the annual market for smartphones hitting one billion units for the first time as 4G takes off in the UK.
