It’s worth exploring alternative forms of finance for office fit out

Fit-out-1You can’t help but notice that there has been a shift in recent years for us to become the consumers of things we were once obliged or wanted to own. We watch films on Netflix, listen to music on Spotify and share cars with strangers through BlaBlaCar. As both individuals and businesses we rent software rather than own it and in the growth of serviced offices and co-working spaces we see the same forces at work. The attractions of this approach are obvious, not least in keeping down the costs of things we may not want to keep in the long term and leaving ourselves free to make different choices in the light of rapidly changing circumstances. So it’s no surprise that economic uncertainty is just one factor that has driven an increase in asset financing at the same time that we have seen a permanent change in spending patterns.

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BREEAM consults on new scheme for refurbishment and fit-out projects

Newham CC new officesA draft of the part of the BREEAM sustainability assessment schemes which deals with refurbishment and fit-Out, has been published for consultation. Launched this week at MIPIM, the consultation will close on 10 April 2015. The draft document can be downloaded from the BREEAM website here. All interested parties, buildings owners and investors, designers, construction industry professionals, BREEAM assessors and other stakeholders are invited to send their comments to breeam@bre.co.uk with the subject: “Comments on draft BREEAM International RFO 2015”. The draft publication of of the scheme comes four months after the launch of the UK Refurbishment and Fit-Out 2014 scheme. BRE claims that this has been adapted for an international market to take account of a range of local and regional standards, conditions and climates.

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Latest Insight newsletter is now available to view

Insight_twitter_logo_2In this week’s issue; Colin Watson reflects on how the Internet has ushered in a new world of work over the past two decades; Mark Eltringham explains why the current obsession with ‘engagement’ should not exclude employing the right people in the first place and Charles Marks extols the vital role of the office for key sectors such as the financial services industry. A new OECD report suggests that flexible working still has a negative impact on many women’s career prospects; while a separate study finds the majority of workers are happy with their work/life balance. You can also view a video and gallery of Google’s new Silicon Valley headquarters and read about the offices that have been recognised in the latest BREEAM awards. Sign up to the newsletter via the subscription form in the right hand sidebar and follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Best performing office buildings included in the annual BREEAM awards

Publication1A Grade A listed building at London’s King’s Cross; a former industrial warehouse complex in London’s Clerkenwell and an office building off Paris’ Champs-Elysées were among the award winners for best performing buildings assessed under sustainable buildings standard BREEAM. Over 50 green projects from across Europe were shortlisted with eight awards going to UK-based projects and four others shared equally between France and Norway. Winner of ‘offices new construction’ is One Pancras Square, a Grade A office building based at the gateway to the King’s Cross development. ‘Offices in use’ winner Washington Plaza is a 47,097 sq.m office building, at 42 rue Washington 75008 Paris. ‘Offices refurbishment and fit-out’ winner Morelands sits at the junction of Old Street and Goswell in London’s Clerkenwell area and comprises a cluster of warehouse buildings built around a U-shaped courtyard.

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The financial services sector leads the way in how we think about office design

Office design and the cityThe office as we know it may continue to change, but that doesn’t mean its vital role at the heart of the organisation will diminish. The recent downturn meant some tough decisions had to be taken by many companies. It certainly focussed more attention on the way firms design and manage their workplace, based on a clear understanding of their economics. It is one of the most commonly cited truisms about office design that after staff, buildings are easily the second highest item of expenditure for the majority of organisations. The conclusion often drawn from this is that there is a compulsion to reduce space through new working practices or more efficient office design and management. Which may be true but the challenge is to take advantage of these opportunities without adversely affecting the company’s most expensive and valuable asset; its staff.

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Over half of workplace support staff are privy to confidential conversations

Over half of workplace support staff are privy to confidential conversationsFacilities managers often remark that ensuring their staff gain the recognition they deserve for a job well done is much less common than fielding criticism when something in the workplace goes wrong. The fact is that when support staff are doing their work well, they fade into the background. For many office workers, the people who clean the workplace, deliver the mail, keep the building secure and make sure everything in the office is running smoothly; are all but invisible. But, as a new US survey by CareerBuilder suggests – support staff may know more a lot more about the occupants of the workplace than would make those people comfortable. Fifty-three percent of support staff workers have overheard confidential conversations at work, and 11 percent of support staff workers have stumbled upon information that could cause someone to be fired.

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Video and gallery: Google’s new Silicon Valley headquarters

google10cropGoogle may be having second thoughts about the design of its new London offices, but it is rather less reticent about that of its new Silicon Valley headquarters. It plans to transform a 2.5 million square foot site in the Californian city of Mountain View into a home for around 10,000 workers. The pastoral setting has been designed by Thomas Heatherwick and Bjarke Engels and incorporates parkland dotted with glass buildings including some Eden Project like geodesic domes. Unsurprisingly the campus buildings have been designed to achieve a LEED platinum accreditation and cars are largely discouraged from the site. Heatherwick has described the plans as humanistic and the plans include a number of community facilities including a new public safety building, two new parks, an educational science centre and even a residential development on neighbouring land.

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Government makes public sector work more attractive and accessible for SMEs

public sector procurementThe latest changes to public procurement regulations in the UK have now come into force, which the Cabinet Office claims will make it easier for businesses to win government and other public sector contracts. The new regulations have a particular focus on making work more accessible and attractive for small and medium sized enterprises. The key reforms which came into force on the 26 February include the abolition of a pre-qualification stage for procurements below the EU thresholds and a requirement to take account of guidance on qualitative selection issued by the Cabinet Office for above EU threshold; the requirement for contracting authorities to insert provisions in all public contracts to ensure prompt payment through the supply chain; and the requirement to advertise as many public sector opportunities in one place (Contracts Finder), and to publish award notices for contracts and call-offs from framework agreements.

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The latest issue of the weekly Insight is now available to view online

Insight_twitter_logo_2In this week’s issue; A new study from IBM challenges some of the most commonly held myths about Generation Y and lays down a few uncomfortable truths for employers; Our regular columnist Simon Heath likes this year’s shortlisted Design Awards entries, but not the way they are described; the Government sets out to define what makes a good public sector property design and management specialist; a call for greater understanding of how more women could develop and stick with STEM careers; some good news about fit notes workplace absence; the Green Building Council challenges developers to take a lead in environmental property; and the latest moves to shift London’s traffic, cyclists and pedestrians to new underground routes. Sign up to for weekly updates via the subscription form in the right hand sidebar and follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Employers embrace mobile workforces but retain traditional workspaces

Employers are embracing mobile workforces yet retaining traditional workspacesNearly three quarters of employers that offer staff the opportunity to work flexibly are failing to reorganise their workplaces to reflect the new ways of working. Research commissioned by US based AV company Barco, found that while 86 percent of organisations indicated a remote working approach was being used within their business; rather than using this policy to reduce desk space, 73 percent of organisations admitted they still had allocated desks. This is despite the fact that the top three drivers for unifying communications are to increase productivity (51%), reduce costs (44%), and increase collaboration (27%). And though the BYOD trend is continuing, with half (50%) saying personal laptops and personal tablets (45.2 %) are being used in the workplace; 82 percent of those surveyed said that laptops are still company issued.

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Leading role for property sector in promoting ‘green infrastructure’ says UK-GBC

Key role for property sector in promoting 'green infrastructure' says UK-GBCThe property industry can play a leading role in protecting and enhancing national features and biodiversity. That is according to a new report by the UK Green Building Council Task Group which presents the business case for “green infrastructure”, the term used to describe natural and semi-natural features ranging from street trees and roof gardens to parks and woodland. Demystifying Green Infrastructure finds that introducing green infrastructure into the built environment offers a range of business opportunities, including an increase in the value of land and property, as well as social and environmental benefits. Aimed primarily at developers and occupiers, the report also identifies risks from failing to incorporate adequate green infrastructure into projects, such as delays in planning, increased costs and reputational damage.

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The pressing need for more women to forge careers in STEM disciplines

????????????????????One of the most pressing economic challenges facing the UK is producing enough qualified professionals in the key science, technology, engineering and maths (STEM) disciplines. And, as a number of new reports make clear, the problem is compounded by the failure of enough women to develop careers in those areas that will define the country’s economic future. It was a point raised in a recent Government report into the UK’s digital future. Writing for the BBC earlier this month Dame Prof Ann Dowling the President of the Royal Academy of Engineering laid out the scale of the problem; by 2022 the UK will need at least 1.82 million new engineering, science and technology professionals. What is also becoming clear is that, while many women are keen to develop STEM careers, they face a series of obstacles at every step.

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