London’s West End now most expensive office location in World

C4G1T6London’s West End has overtaken Hong Kong’s Central district as the world’s costliest office location according to a new report from property consultancy DTZ.  The annual occupancy cost per workstation in the West End was stable last year at $23,500 (£14,900) but moved from fifth to gain top spot as costs in Tokyo, Hong Kong, Dubai and  Paris fell. Three weeks ago we reported that firms were migrating from the West End to London districts such as Clerkenwell and Shoreditch to take advantage of lower costs and pools of talent in new industries.  More →

Mixed response to Government office conversion plans

As predicted earlier this week, the government has confirmed new measures that will allow office space to be converted into homes without the need for planning permission. Further reforms are also intended to help boost rural communities and create jobs by allowing agricultural buildings to be converted for other business use, such as shops, offices, restaurants or leisure facilities without the need for planning permission. But the scheme has met with a decidedly mixed response from organisations as diverse as the Royal Institute of British Architects (RIBA) and local authority chiefs.  More →

Full extent of computer posture risks revealed

Businessman and Computer

Employee health is being put at risk in the workplace, a new report has revealed, with a majority of those polled in a recent survey saying they would score their office 55% in terms of smart computer use. According to the survey of 2,000 employees by energy and performance expert energiseYou, just over a quarter (30%) believe that their working environment is correctly designed for computer users, with for instance comfortable lighting levels. 37% complained of suffering from tension headaches or migraines and 66% experienced tension or feeling pain in their neck, back and shoulders. More →

Happiness levels in UK workplaces growing, says Government.

smiley faceThe general level of satisfaction in the UK’s workplaces has increased significantly in spite of ongoing economic uncertainty according to a report from the Government published yesterday. The study of more than 21,000 employees, found that job satisfaction levels actually increased in 2012 with a fifth (20 per cent) of employees either ‘satisfied’ or ‘very satisfied’ with all aspects of their job, compared to just 16 per cent in 2004 when the survey last appeared. The report also showed that levels of commitment to individual employers had also increased over the same period, with the proportion of employees who said they shared the values of their organisation up from 55 per cent to 65 per cent. More →

New developer ‘to create 50 per cent cheaper offices’

Lipton Rogers

Peter Rogers, left and Stuart Lipton

The high-profile new venture between two of the most prominent developers in London will focus on creating large scale office buildings that are half as cheap as current standard designs. Lipton Rogers has been formed by Stuart Lipton, formerly of Chelsfield Partners and Peter Rogers, the former technical director of Stanhope who stepped down last year. The new business will look  to put into practice the results of research commissioned in 2011 by Lipton which found that new buildings could be created far more cheaply than is currently the case.  More →

‘Visionary’ Zaha Hadid receives creative leadership award

GLASGOW, SCOTLAND - JUNE 09:  Zaha Hadid, world famous architect visits the Riverside Museum, her first major public commission to open in the UK on June 9, 2011 in Glasgow, Scotland. The £74million Riverside Museum will open to the public on 21 June. It has been funded by Glasgow City Council, the Heritage Lottery Fund and the Riverside Museum Appeal.    (Photo by Jeff J Mitchell/Getty Images)Architect Zaha Hadid has received the Aenne Burda Award for Creative Leadership at the international DLD Conference in Munich. The award honours female digital entrepreneurs for their visionary and successful ideas. Delivering the address on Zaha Hadid, Rhode Island School of Design President John Maeda said: “Leaders are needed when times are changing, creative leaders change times themselves. They make things – like Zaha. She’s unafraid to disrupt, she’s very optimistic. Today we celebrate her incredible optimism.” More →

Global Gen Y survey highlights national differences

Gen Y NotNever has a generation of humans been so much talked about as Generation Y. As this millennial army marches into the world’s workplaces and takes the reins of power (or at least control) for the first time, there has been a lot of agonising about how to manage a whole generation of people who are the first to have been nurtured in a digital world. Now a new report from Deloitte into the attitudes of millennials from around the world has confirmed that this is a complex generation of individuals with many universal ideals but with regional characteristics too.  More →

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Global FM announces strategic vision & FM award winners

Global FM

Global FM, (Global Facility Management Association) has formalised changes to its strategic plan. It follows the recommendations of a special Taskforce set up last year to evaluate the structure, objectives and activities of the association, a worldwide federation of member-centric organisations representing the facilities management profession. The Association explains the taskforce was: “In agreement that a more simplified structure would allow a better use of resources focussing on activities that create added value for the association and its members and avoiding any duplication of the outcomes of the national FM associations.”

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Third of businesses see flexible work as main Olympic legacy

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Flexible working facilities brought in for London 2012 are the most important legacy of the Olympic Games for a third of businesses, according to a new BT legacy survey. The survey of 600 large private and public sector organisations across the UK found 34% are continuing to enjoy the benefits from flexible working facilities (34%), with sales/revenue for 37% higher than before the Games. When asked what they have learnt about their organisation’s capabilities, 36% think that when they are pushed they can do a lot more business, 26% are more resilient and 25% feel they could increase their margins.
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Global trust demands business acts as force for good

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Government trails business, media, and non-governmental organisations as the least trusted institution worldwide. The 2012 Edelman Trust Barometer reveals trust in government fell a record nine points to 43% globally, and in 17 of the 25 countries surveyed, government is now trusted by less than half. “Business is now better placed than government to lead the way out of the trust crisis,” said Richard Edelman, President and CEO, Edelman. “But the balance must change so that business is seen both as a force for good and an engine for profit.”

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A more decentralised office inevitable for world’s workers

The changing nature of work and the workforce continues to transform offices around the world. And nowhere more so than in the United States  According to a recent report from McKinsey – called Preparing for a New Era of Knowledge Work – not only are we seeing the final stages of the transition to a knowledge economy with all that entails, demographic inertia means that there may be a huge shortfall in the number of skilled graduate workers needed to service it. This pattern will be evident around the world, especially in rapidly developing economies such as China and India.  More →

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