June 16, 2014
Demand for London commercial property pushing occupiers into earlier relocations
The revival of London’s financial, professional and business sectors, along with sustained demand from the TMT (Technology, Media and Telecoms) market is resulting in increasing demand for commercial property across Central London. This along, with a restricted supply of existing stock, due to conversion of office to residential usage is prompting many occupiers into making relocation decisions well in advance of a lease break or expiry. Cluttons’ London Property outlook for the second quarter of this year shows that rental costs are increasing in response to sustained demand, with a west to east migration by occupiers in evidence. Many tenants are also relocating from London’s West End to the Southbank area; while further out, ‘fringe’ areas such as Stratford are drawing tenants. More →
June 17, 2014
Is it time to stamp out e-cigarettes in your workplace?
by Pam Loch • Comment, Facilities management, Workplace
Electronic cigarettes, love them or hate them, they are here, but are they here to stay? Since 1 July 2007, smoking in enclosed or substantially enclosed public places and workplaces in the UK has been prohibited. E-cigarettes however emit water vapour rather than smoke and therefore could be legally used in public places and workplaces. But there is increasing debate about the use of e-cigarettes in public places, as concern grows about their potential harmful effects. It’s been alleged that e-cigarettes contain chemicals that could make them as harmful as normal tobacco. The World Health Organisation (WHO) calls the devices safety “illusive”, noting that the chemicals they contain are often not disclosed and have not been properly tested, while a report commissioned by Public Health England said e-cigarettes required “appropriate regulation, careful monitoring and risk management” if their benefits were to be maximised. More →