Demand for East London offices rise as occupiers seek cost effective space

Demand for East London offices rise as occupiers seek cost effective space

The Transport for London Building at The International Quarter Stratford 3The amount of leased office space in London over the first half of this year is 13 percent ahead of the same time last year, according to new research published by commercial property consultancy Cushman & Wakefield (C&W). Leasing activity totalled just over 6.26 million sq ft from January to June 2015, compared to the same point in 2014 when 5.6 million sq ft was transacted and is the highest Central London first half total since 1998, when 6.7 million sq ft was let. According to C&W, the figures presented in the report suggest that there was a significant upturn in activity in East London, with 1.2 million sq ft let, only marginally behind the City market (1.24 million sq ft) and significantly ahead of West End volumes (915,000 sq ft).  East London offices take-up was at its highest level since Q4 2010 as a result of three transactions over 100,000 sq ft.

More →

Three ways in which the business case for green building design is moving on

Three ways in which the business case for green building design is moving on

ODD 02The case for sustainable building design used to be based on two straightforward principles. The first was that buildings had to offer up some sustainable features to comply with the ethical standards of their occupiers. The second was that there was some financial benefit. Often these principles went hand in hand, especially when it came to issues such as energy efficiency. They remain the foundations of the idea of green building design and are applicable across a range of building accreditations such as BREEAM as well as standards relating to specific products and policies. Over the past couple of years, however, we have become increasingly aware of other drivers that might make us all re-evaluate how we approach sustainability. These drivers are based on a more sophisticated understanding of green building design and the benefits for all of those involved.

More →

Is the environment now a non-issue for building occupiers and managers?

Is the environment now a non-issue for building occupiers and managers?

This week, I took part in a series of debates in London and Manchester. The discussions, led by Rob Kirkbride of the US workplace design trade journal Monday Morning Quarterback, focused on workplace trends in North America and Europe, based on the issues that dominated the recent Neocon show in Chicago. This in turn is based on the premise that what suppliers talk about when they present their products in public reflects what their clients are saying to them. However, one subject we didn’t cover in any detail was the environment, because nobody was talking about it very much at Neocon. Indeed nobody seems to talk about it very much at exhibitions anywhere these days. While few would deny that sustainability is an important subject, could it be that it is now something of a non-issue for building occupiers and their suppliers?

More →

Beyond agile working: the six factors of knowledge worker productivity

Beyond agile working: the six factors of knowledge worker productivity

flexible workingWhilst the world has focussed heavily on the asset productivity of offices over the last 30 years, reducing the cost of offices per head, often using agile working as a tool for achieving this, it’s becoming clear that the mobility afforded by the latest technology products can be used to aid Knowledge Worker productivity. Knowledge work plays an increasingly large part in the economic fortunes of developing countries. Indeed the vast majority of people working in AWA’s client organisations are Knowledge Workers. Over the last 30 years we’ve seen a gradual shift from manufacturing to service and now to knowledge based industries. Knowledge Workers are broadly speaking ‘people who think for a living’. Whilst the concept of ‘productivity’ in manufacturing and service industries is well understood it is barely understood at all for knowledge based sectors.

More →

Focus on wellbeing not productivity to improve company performance

Focus on wellbeing not productivity to improve company performance

wellbeingNew evidence has been published that claims workplaces that value employees’ safety and wellbeing as much as productivity yield the greatest rewards. A study from Colorado State University and the Colorado School of Public Health claims that when the organisation promotes productivity and wellbeing equally to workers, employees report having less work-related musculoskeletal pain. However, when workers perceived an emphasis on either performance or wellbeing unequally, regardless of which concept was felt to be more important, workers reported greater levels of musculoskeletal pain. The trend of emphasising workplace wellness and valuing employee health and wellbeing has been a focus in many organisations in recent years. This study adds new evidence to the argument that using principles such as ergonomics to increase wellbeing in the workplace benefits not only the employee, but the business too.

More →

The latest issue of Insight weekly is now available for you online

The latest issue of Insight weekly is now available for you online

Insight_twitter_logo_2In this week’s issue; Mark Eltringham on the challenge for FMs in managing buildings not of their own making; and why Charles Eames came to tire of his association with his famous lounge chair. Douglas Langmead explains how the patterns of work and place in the Middle East evolved differently from the west and Lee Parsons warns that not enough thought is given to creating workspaces that support knowledge circulation. We provide a gallery of the winners of this year’s RIBA awards; the CIPD and BIFM identify ways the office environment influence workplace performance,  construction begins on the UK’s “greenest commercial building” and new DOH guidelines on creating a productive and healthy workplace. Subscribe for free quarterly issues of Work&Place and for weekly news via the subscription form in the right hand sidebar, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Employers lagging behind the workplace revolution say CIPD and BIFM

Employers lagging behind the workplace revolution say CIPD and BIFM

Employers lagging behind the workplace revolutionThere is strong and mounting evidence on how organisational culture and the workplace environment influence the quality of our work and working lives. This is according to a major new joint report by the CIPD and BIFM, In Search of Better Workplaces, which forms part of a wider initiative, The Workplace Conversation, an ongoing collaboration between the FM and HR bodies, which explores the evolution of the working environment and what the future of the workplace looks like. The report says that to make the purpose of workplaces clear a completely different approach is required, individual to an organisation, and which reflects what it is trying to achieve and how it wants to achieve it. It adds that good workplace design should be available for everyone and not the sole preserve of cash-rich private sector organisations. There is a range of starting points and organisations should take steps that are the right size for them.

More →

Second largest deal after BBC’s MediaCity confirmed for Salford Quays

Second largest deal after BBC’s MediaCity confirmed for Salford Quays

Salford soapworksThe second largest deal since the BBC announced its relocation to MediaCity in 2007 has been confirmed at Salford Quays. A total of 160,000 sq ft of space at the Soapworks scheme is being let to TalkTalk and the Home Office. TalkTalk has agreed to take 106,000 sq ft on a 15-year lease, following the decision by the broadband provider, which originally took 20,000 sq ft at the Soapworks on a ten-year lease in October 2014 for its meeting and training facility, to consolidate its entire North West presence into Salford Quays. The former Colgate factory has also been chosen by the Home Office, which is taking 54,000 sq ft on a ten-year lease. The government department will relocate its operations from premises across Greater Manchester including Manchester Airport to sit under one roof, with the move due to take place in June 2016.

More →

The latest issue of Insight Weekly is available to view online

The latest issue of Insight Weekly is available to view online

Insight_twitter_logo_2In this week’s issue; Dan Callegari argues the importance of creating a working environment that is inherently flexible enough to meet the needs of everybody; and Mark Eltringham lists the award winning products from the recent Neocon workplace design convention in Chicago. A new US report finds Generation Y isn’t as tech savvy as it’s made out to be; Regus research discovers many workers are afraid that working from home will mean they grow lonely, overweight and stale; and muscular skeletal problems and mental ill health remain the main causes of workplace absence. In London, a new kind of workplace is unveiled as part of the London Festival of Architecture; an office built around a tree. Subscribe for free quarterly issues of Work&Place and for weekly news via the subscription form in the right hand sidebar, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

RICS case studies focus on business impact of strategic facilities management

RICS case studies focus on business impact of strategic facilities management

national-exhibition-centreSix case studies, which outline how businesses can make the most of strategic facilities management to enhance their performance are being launched today (19 June), at the NEC in Birmingham. Developed by International Workplace for the Royal Institute of Chartered Surveyors, the latest set of case studies in the series, provides examples of best practice as outlined in RICS’ Strategic Facilities Management (FM) Guidance Note. The case studies, which can be downloaded from RICS’ website, cover a range of strategic FM issues including procurement, innovation, technology, sustainability, talent management and health and safety. Key themes include a professional understanding of the impact of FM to a company’s reputation, brand and performance, engagement with staff and the supply chain, the importance of measuring impact and outcomes and communication.

More →

Facilities managers must focus more on people and less on buildings

Facilities managers must focus more on people and less on buildings

facilities managersA report from facilities management company Mitie claims that the design and management of too many workplaces are hampering the productivity of employees. Based on a survey of nearly 2,500 service sector staff carried out by Quora Consulting, the report comes to the perhaps unsurprising conclusion that facilities managers should prioritise people over buildings. The study found that younger workers are especially critical of their surroundings and working cultures. Two thirds of 20-29 year olds claim that their offices are not designed to optimise productivity. Finance and legal workers also feel let down by their workplaces with almost half claiming their workplaces do not optimise their productivity. These sectors were also emotionally disengaged with fewer than 35 percent identifying themselves as ‘emotionally attached’ to their workplaces.

More →

Eight sustainability megatrends that will impact on UK real estate

Eight sustainability megatrends that will impact on UK real estate

Eight sustainability megatrends that will impact on UK real estate The ‘Big Eight’ sustainability megatrends that will impact on real estate over the next 15-20 years have been identified in a new report by JLL. Analysing a total of 40 themes, JLL’s Upstream Sustainability Services team claims to have pinpointed eight interconnected trends which are most critical. These are the low carbon economy; technological innovation; urbanisation; land and resource scarcity; workforce transformation; changing demographics; health and wellness; and transparency and social value. According to the report these trends present opportunities as well as risks. Forward-thinking companies which are able to unpick and manage climate change and extreme weather risk, build resilient supply chains, exploit the latest developments in technology, and anticipate the needs of the modern office worker or consumer will stay competitive and succeed.

More →