Strong demand for Edinburgh office space likely to slow until referendum result

by • Facilities management, News, Property

Office occupier take up in Edinburgh continues to show strong demand, with total occupier take up over 470,000 sq ft, significantly ahead of the same period last year (301,000 sq ft) according to new research by JLL. Over 225,000 sq ft was transacted in Q2 (April – June), slightly less than the Q1’s figure of 245,000 sq ft. However JLL anticipates a slow down over the summer period in the run up to the Scottish referendum, a result of the holiday period and companies delaying decisions until the outcome is clear. Despite this, JLL predicts that year end take up will remain above the five and 10 year average. Activity was characterised by a greater number of smaller deals, with only 4 transactions over 10,000 sq ft.  Enquiries continue to focus on offices which are well connected into the public transport network and offer good facilities for staff.

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Climate committee exposes limited progress on energy efficiency of buildings

by • Environment, Facilities management, News

Climate committee exposes limited progress on energy efficiency of buildingsIn its latest progress report to Parliament, the Committee on Climate Change (CCC), the statutory body set up to advise the government on meeting long-term carbon goals, says that progress has been limited in energy efficiency improvement in the commercial and industrial sectors and previous good progress in residential energy efficiency fell away with the new policy regime in 2013.While there are specific examples of organisations that have made progress, much potential remains unexploited. This is because the policy landscape is complex and has mixed incentives. It recommends that policies should be simplified to lower administrative costs while, at the same time, improving delivery. There is a need to strengthen incentives and at the same time rationalise the number of policy instruments, leading to lower administrative costs as well as better delivery. (more…)

The latest Workplace Insight newsletter is available to view online

by • Facilities management, Newsletter, Work&Place, Workplace design

Workplace InsightIn the latest copy of the Workplace Insight newsletter available to view online; Chris Kane argues that people and place are a company’s most valuable assets and only by developing them both in tandem will you unlock their true value. We reveal that far from improving their work/life balance, flexible working means nearly half of managers work an extra day each week; the Dutch beat the Germans in workplace happiness and productivity levels, and the UK’s public sector spends almost twice as much on outsourced services as the country’s private sector. The BBC announces plans to move more staff out of its central London offices as part of its strategy to reduce property costs, and news of a transformation in the way the US corporate real estate market approaches the environmental performance of buildings. We also include a link to the new issue of Work&Place, the journal we publish in partnership with Occupiers Journal.

6 Bevis Marks, the Gherkin’s new neighbour, is ready for tenants

by • Company news, Facilities management, Property, Workplace design

6 Bevis marks ready for tenants6 Bevis Marks – next to the Gherkin in the City of London – has been completed, with the first two tenants expected to take occupation in August. The mixed use building comprises 160,000 sqft (14,864 sqm) of office and retail space over 15 floors, and has been developed in a joint venture between AXA Real Estate and BlackRock. Located close to Liverpool Street, where the new Crossrail station is due to open in 2018, the building features a rooftop garden square, a ground floor business lounge, full on-site cyclist facilities and a private landscaped courtyard with access to the public realm surrounding the Gherkin. The development also features a 26-screen media wall in the reception, which is being used to host the Vivid Digital arts programme – a commission of young filmmaking talent supported by the developer. The building is BREEAM Excellent rated, with a range of sustainability features. (more…)

UK public sector spends twice as much on outsourcing as the private sector

by • Facilities management, News, Public Sector

WhitehallThe UK’s public sector spends almost twice as much on outsourced services as the country’s private sector, according to research from the Information Services Group. The study claims that the total contract value of public sector outsourcing agreements over the last two years was £51 billion, compared with £30 billion for the commercial sector. In that time, a total of 585 public sector contracts were awarded. Although volumes are lower than those of the commercial sector (726 contracts), this number represents nearly a threefold increase in public sector activity since the pre-recessionary period (2006-2007). While the commercial sector has seen a shift toward smaller contracts over the past two years, the public sector has seen a reduction in the number of smaller contracts, from 46 percent of the market in 2010-2011, to 40 percent. While the number of large contracts remains steady, growth in the sector is largely driven by contracts valued at between £15 million and £30 million.

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BBC announces further moves out of London to reduce cost of property estate

by • Company news, Facilities management, Workplace

BBC announces more moves out of London to MediaCity

MediaCityUK in Salford

The BBC has announced plans to move more of its BBC teams out of Media Village, London W12, to bases in Salford, Birmingham, Caversham and other buildings in London. It’s part of the corporation’s strategy to reduce the size and cost of its property estate, invest more of the Licence Fee in programmes, and build its presence outside the capital. Around 120 Future Media roles and 102 Technology roles will move to Salford during 2015, joining around 3,000 colleagues already based at MediaCityUK. Anne Bulford, Managing Director Finance and Operations, said: “We are well advanced with reducing the amount of space the BBC occupies in London W12. Spending less on these buildings will enable us to invest more of the Licence Fee in programmes, as well as continuing to build up our presence out of London, ultimately bringing us closer to audiences. BBC Worldwide is due to leave the Media Centre early in 2015, so we are developing proposals on how to accommodate the remaining occupants and free up this building to release savings.” (more…)

New Internet of Things consortium aims to set new global standards

by • Facilities management, News, Technology

Where the wild Internet of Things areThe familiar sight of companies scrabbling to define a standard global technology format on their own terms is evident with the announcement of yet another consortium intent on becoming the de facto  standard for the Internet of Things (IoT). The Open Interconnect Consortium (OIC) includes heavyweights such as Samsung, Intel, Dell and Broadcom and is intent on defining ‘connectivity requirements to ensure the interoperability of the more than 30 billion devices projected to come online by 2020’. It joins the AllSeen Alliance and the Industrial Internet Consortium as one of a triumvirate of organisations, some with shared member companies, intent on cutting through the mish-mash of protocols associated with the Internet of Things. The principle will see a growing number of products and materials connected directly to the Internet and so able to exchange data. The adoption of the technology will have a profound impact in many areas of our lives, including workplace design and management.

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EU sustainable building proposals will raise green credentials of property

by • Environment, Facilities management, News

sustainable buildingEU proposals to raise the sustainability of new and renovated buildings by increasing resource efficiency and improving information on their environmental performance have been welcomed by the World Green Building Council. Under the proposals, set out in Communication “Resource efficiency opportunities in the building sector”, builders, architects, product manufacturers, or anyone wanting to rent or buy a building will have access to better information about its environmental performance. The Commission will develop a framework for assessing environmental performance with the aim of providing a tool which can be used across Europe, by both private actors and public authorities in the development of sustainable building stock. The first set of indicators should be available in two to three years. Efforts to recycle construction and demolition waste, and to re-use it when constructing new buildings or renovating existing ones, will also be made easier under the plans.

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First female President in RICS’ history will focus on diversity

by • Company news, Facilities management, News, Property

RICS' first female president in 146-history to focus on diversityThe Royal Institution of Chartered Surveyors (RICS) has confirmed the first female President in the Institution’s 146 year history. New President of RICS Louise Brooke-Smith will give her inaugural speech today (1 July) during RICS’ Governing Council meeting in London. Alongside her presidency of RICS, Brooke-Smith will continue to be involved with the Birmingham based planning and development consultancy, Brooke Smith Planning. RICS accredits over 118,000 qualified professionals across the globe in land, real estate, construction and infrastructure. She succeeds outgoing RICS President, Michael Newey and during her year-long presidency, will focus on three core areas; diversity, Africa and her professional specialisms, planning and land economics. Commenting on her diversity plans for the year Louise Brooke-Smith, RICS President said: “Chartered Surveying is a globally recognised profession, and we must ensure that it is open to all, whatever their background, or gender. (more…)

Physical workplace should provide an environment in which people can thrive

by • Comment, Facilities management, Workplace, Workplace design

Physical workplace must provide an environment in which people can thriveIn these post-recession times, companies are investing heavily in their operations and the UK business community definitely has more of a spring in its step. Now, more than ever, it is important to have the right team on board and employers are now finding that their biggest challenge is how to attract and keep high quality personnel. It is becoming increasingly clear that an attractive salary package alone is simply not enough, even with benefits. More than ever before, workers are thinking about the quality of life which a job can provide and an intrinsic part of this is a working environment which will provide a sense of wellbeing. If companies are going to attract and retain the very best staff, they are going to have to think about how to provide this, because the physical workplace can be a powerful means of providing an environment in which people can thrive. Research has shown that there are six dimensions to be taken into consideration when striving to create a workspace which will provide a sense of wellbeing.

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Government must solve problem of London’s wasted commercial property

by • Comment, Facilities management, Property

London commercial propertyThe UK Government needs to act on the growing issue of wasted commercial property space in Greater London, and it needs to do so as a matter of some urgency. Statistics from the Department for Communities & Local Government (DCLG) show that since 1998, a worrying 58 per cent of London boroughs have seen vacancy rates either increase or stay the same. What is most concerning for businesses in the London region is that this rising figure, coming at a time when commercial rents are soaring, has gone unchecked since 2006, the time at which the DCLG stopped collating the data because of budgetary cuts. One of the worst performing boroughs is the City of London, which has seen a 100 per cent increase in vacant commercial properties during the period from 1998 up until the point at which the DCLG stopped publishing data.

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Workplace wellbeing increasingly incorporated into office design

by • Company news, Facilities management, Flexible working, Workplace design

Wellbeing considerations being incorporated into workplace designMore UK companies are proactively designing their workspaces with wellbeing in mind as the health and wellbeing of office workers soars up the list of business priorities. This is according to Bostjan Ljubic, the newly appointed head of Steelcase in the UK and Ireland, who believes the economic impact of employee wellbeing, plus greater understanding of the issue is now propelling companies to develop and enhance their engagement with their workforces, as they increase their post-recession drive to attract and retain high quality staff. “The issue of wellbeing has developed very significantly in recent times,” said Ljubic. “Businesses that are focusing clearly on the issue are doing so because they have identified the potential emotional, financial and competitive advantage. The mountain of research on wellbeing points very clearly to it being in a company’s interests to take the matter seriously.” (more…)

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