Report reveals wider impact than ROI for wellness programmes

Workplace wellness edit

The Return on Investment of workplace wellness programmes goes way beyond cost savings a major new report reveals. Making the Right Investment: Employee Health and the Power of Metrics found smoking cessation incentives help increase productivity, nutrition and exercise drives and centralised programmes which utilise the latest technology leads to increased employee engagement which helps reduce staff turnover. Said Klaus Schwab, Founder and Executive Chairman World Economic Forum “Over 50% of the working population spend the majority of their time at work, so the workplace provides a unique opportunity to raise awareness, as well as guide and incentivise individuals to develop healthier behaviours.” More →

ITV purchase of Television Centre frees way for new property strategy

Media CityBroadcaster ITV has completed the £56 million purchase of the freehold for its core London Television Centre property, which is home to the company’s headquarters and studios in London. The move allows ITV the chance to embark on a planned new property strategy across the UK that will include  the refurbishment of its Yorkshire studios and the relocation of its North West operation to Media City in Salford from its current base in Manchester. Media City (above) is already home to the BBC and the move will provide further hot-housing of the UK’s key national media in the area.

UK Govt launches broker website for unwanted public sector property

Empty officeA new website that will let members of the UK public see for the first time what government property is available to buy or rent was launched on Friday. Find Me Some Government Space claims to operate in a similar way to commercial sites such as ‘rightmove’ by allowing organisations and individuals to identify available property and land using either a postcode or area keyword. The move comes as the government looks to divest itself of up to 1200 unused and unwanted public sector properties, some of which may have been empty for years.

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Tech and media firms drive demand for London offices

Tech City

The UK’s thriving technology and media sectors are driving demand for office space in London, creating hotspots of businesses and talent according to a new report published yesterday by property services provider Colliers International. However a shortage of supply means that not only are tech and media firms driving up rents and supplanting traditional businesses, many are adopting more ‘institutional-style’ office spaces then using design and refurbishment to put their own stamp on them.

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Cost cutting measures are on the agenda, but may prove risky

SawingTreeLimbHeisSittingOnThe latest Office for National Statistics figures released today which show that the UK economy has shrunk might suggest that firms need to cut costs as they try to weather the economic storm. This idea is given credence by a major study into the procurement strategies of organisations which found three quarters doing exactly that. However another study suggests that we may be approaching the point at which further cost-cutting measures will destabilise supply chains, making price reductions counter productive and exposing buyers to a greater degree of risk.   More →

Deadline to nominate Northern Ireland building design prowess

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Today (25 January) is the deadline to nominate Northern Ireland’s most remarkable developments in land, property and construction. The RICS (Royal Institution of Chartered Surveyors) Northern Ireland Awards will present accolades for Community Benefit, Building Conservation, Regeneration, and Design and Innovation at an awards ceremony in Riddel Hall, Queen’s University Belfast on 10 May. The scheme is open to anyone working within the property profession, and will celebrate the talents of surveyors, developers, engineers, planners, architects and others.

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Architects appointed for new Canary Wharf projects

WoodWharfA new development by Canary Wharf plc in London has appointed three architects to design its first six buildings. Allies and Morrison will create two new office buildings at Wood Wharf, Herzog &de Meuron have been commissioned to design a new residential tower and Stanton Williams will be responsible for the creation of three new residential blocks and a central courtyard. The overall mixed use scheme has been masterplanned by Terry Farrell and Partners.

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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 →

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