Startups fuelling growth in demand for flexible offices

Startups fuelling growth in demand for flexible offices

flexible officesAccording to  data from The Instant Group 584,097 companies have been registered in the UK since the start of 2021 – this equates to 1,781 per day. The most companies registered in 2021 so far have been in London, Birmingham, and Manchester. The growth in start-ups has fuelled an increase in demand for flexible offices across the UK’s cities, with large proportional increases outside London. Requirements for coworking and serviced offices has grown significantly in cities such as Bristol (41 percent), Manchester (28 percent), and Reading (27 percent) over the past year. More →

What big city exodus? Minority of Londoners are working from home full time

What big city exodus? Minority of Londoners are working from home full time

LondonersResearch carried out by Momentive (formerly SurveyMonkey), exploring Londoners’ changing experience and expectations of work claims that despite common beliefs, COVID-19 has not caused the end of ‘city life’ with just 14 percent working remotely full time. More →

Confidence sky high in London Office Crane survey

Confidence sky high in London Office Crane survey

LondonThe London Office Crane Survey Winter 2021 suggests dramatically improved confidence about London in the developments that are being undertaken in the office market. The survey, compiled by Deloitte, claims the volume of new starts has increased from 3.1 million to 3.4 million sq ft, above the long-term average of 2.4 million sq ft. More →

Smart cities infrastructure investment to top US$375 billion in 2030

Smart cities infrastructure investment to top US$375 billion in 2030

smart citiesAccording to technology intelligence firm ABI Research, investments in urban infrastructure aimed at implementing new visions for smart cities will reach US$375 billion by 2030 as cities invest in brownfield and greenfield projects. Drivers behind urban innovation are numerous but both the digitalisation of lifestyles, accelerated by Covid-19, and the increasingly pressing need to address climate change are powerful engines for metropolitan transformation. Additional agents of change include the call for more equity and inclusiveness, scalable economic development, and more affordable living. More →

Manchester’s office market set to be fuelled by growth in SMEs

Manchester’s office market set to be fuelled by growth in SMEs

Manchester'sManchester’s office market could see a boost thanks to its 22,850 SME businesses says Cluttons, who have recently launched an office on King Street in the City. Recent research by distribution company Citisprint highlighted that Manchester’s SMEs are also the most confident with 33 percent saying their business is in better shape post-pandemic, and 52 percent expecting to grow in the next 12 months. More →

London office market reignites as occupiers implement hybrid working strategies

London office market reignites as occupiers implement hybrid working strategies

LondonResearch from Gerald Eve has highlighted a strong resurgence in activity in the London office market in Q3. Occupier take-up increased 30 percent to 2.8 million sq ft, driven by large commitments by major London occupiers. It was the highest level of occupier activity since before the pandemic and only 7 percent below the five-year quarterly average. More →

Activity climbs in third quarter for London office market

Activity climbs in third quarter for London office market

LondonThe latest research from Avison Young claims that the London office market’s recovery continued in the third quarter of 2021, with activity in the occupier market increasing to 2.4 million sq ft, 26 percent above the previous quarter and 1.1 percent above the 10-year quarterly average. More →

EU to boost sustainable growth of Europe’s cultural and creative sectors

EU to boost sustainable growth of Europe’s cultural and creative sectors

sustainable growth in EuropeThe European Institute of Innovation & Technology (EIT) has announced a new innovation partnership, in the form of a Knowledge and Innovation Community, to support the competitiveness and sustainable growth of Europe’s cultural and creative sectors and industries. The new partnership plans to help accelerate these sectors’ recovery and unlock untapped economic opportunities in the fields of architecture, cultural heritage, design, fashion, film, music, publishing, performing arts and video games. More →

Urban environments and buildings needs a transformation, report claims

Urban environments and buildings needs a transformation, report claims

urban environments smart cityAhead of COP26, green business leaders around the world have called for government and industry action on buildings and infrastructure. The World Green Building Council (WorldGBC) has published a new report, which it claims helps to identify opportunities for how a transformative, integrated approach to urban environments and buildings is essential to deliver change in line with the commitments of the Paris Agreement. More →

London ranks as top smart city in the ‘Cities of the Future Index’

London ranks as top smart city in the ‘Cities of the Future Index’

LondonThrough analysis of mobility, technology, business and environmental data, London ranks as the number one most intelligent and future-proof city for cities with a population of over three million people, with New York and San Francisco taking second and third place respectively, according to a new index from EasyPark, the parent company of RingGo. More →

Shaping London’s future: Mayor’s Resilience Fund Winners Announced

Shaping London’s future: Mayor’s Resilience Fund Winners Announced

Mayor’s Resilience FundThe Mayor of London, in partnership with Nesta Challenges, has announced the winners of the Mayor’s Resilience Fund, a £1 million innovation programme set up to support London’s businesses and community groups to emerge stronger from COVID-19 and to ensure the capital is prepared for future disruptive challenges. More →

Cities could be more important post-pandemic, not less, suggests report

Cities could be more important post-pandemic, not less, suggests report

Manchester, one of the UK's great citiesParadoxically, more in-person work environments and the concentration of jobs in cities could be a medium- to long-term impact of the pandemic’s shift to remote working, suggests Citi GPS Technology at Work: The Coming of the Post-Production Society, a report produced by Citi and the Oxford Martin School at the University of Oxford. The report cites the automation of manufacturing and clerical tasks alongside the potential for professional services jobs that can be done remotely to be done cheaper overseas as the start of a foundational shift in developed economies. The future of work in these countries, it suggests, could be based largely on innovation, exploration and creative thinking which require face-to-face interaction and geographic proximity. More →