Commercial property helps fuel rise in number of new construction projects

Commercial property fuels growth in construction projectsConstruction growth in the three months to June was at its highest peak since the start of the year, driven by a renewed strengthening of non-residential properties, according to new figures from industry analysts Glenigan. Following reports from the Confederation of British Industry (CBI) that the economy is growing at its fastest pace since its records began in 2003,the Glenigan Index, which covers the value of projects starting in the UK over the previous three months, is 20 per cent higher than a year ago. Its non-residential index is up by 24 per cent compared to the same period in 2013, the strongest rate of growth seen since the three months to January of this year; largely fuelled by the private sector, with the industrial, office and hotel and leisure sectors all seeing healthy improvements. More →

Better talent attraction and retention strategies needed as recruitment soars

Talent attraction and retention strategies needed as recruitment needs soarEmployers are increasing their permanent headcount at their fastest rate since before the recession. Consistently positive GDP results, coupled with reports that business optimism is at its highest level since 1998, has driven impressive growth across the entire professional jobs market, according to the latest data from the Association of Professional Staffing Companies (APSCo). It reports that the placement of professional talent increased by 29 per cent compared to the same time last year, with particularly strong growth in sectors such as accounting and finance. This mirrors plans by the Big Four accounting firms to substantially increase their graduate level recruitment this year; with KPMG and PwC, for example, both planning to hire 30 per cent more candidates than last year. Although it’s good news for the jobs market – analysts warn that managers must plan ahead to ensure they retain and attract the right talent. More →

New guidance published on greening the building supply chain

Greening the building supply chainA major new report on the building and construction sector, “Greening the Building Supply Chain”, has been launched by the United Nations Environment Programme’s Sustainable Buildings and Climate Initiative (UNEP-SBCI). The report notes that while the need to understand and reduce energy consumption and greenhouse gas emissions from buildings during their operation has become increasingly recognized, efforts related to the resource use in the building supply chain appear to be less advanced. For that reason the scope of the report, co-authored by Skanska, UNEP and IMS Consulting, extends beyond the well-established benefits associated with green buildings themselves (such as energy efficiency). Instead it is intended to help stakeholders better understand resource use in the building and the construction supply chain as a whole, and identify opportunities to promote greater resource efficiency in the sector as well as and contribute towards wider socio-economic goals. More →

How Adolf Hitler’s desk came to be modified and used for another fifty years

Hitler's deskIt would have been a bit early for Christmas anyway, but German authorities who have identified the desk Hitler used while working in the Reichkanzlei during the War say it isn’t for sale, despite the fact it would be valued at tens of thousands of pounds to a specialist collector. In 2014, The Associated Press issued a picture of the desk which was made in 1937 and used in a US military base in Berlin up until 1996. Facilities managers being who they are, when it was handed back to the German authorities it had been modified with fax and telephone connectors. The desk is now kept away from the public gaze in a storeroom in Weissensee near Berlin and Germany says it will never be sold, even though it would prove a very attractive acquisition for collectors of militaria. ‘The desk is, and remains, the property of the Federal Republic,’ said government spokeswoman Jacqueline Besse. However, a piece of another desk belonging to Hitler was sold recently.

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Flexible working might help firms to deal with World Cup fever, claims ACAS

Flexible working and the World CupWhile FIFA works out whether it wants to dig itself in deeper or climb out of its own hole in addressing the World Cup bribery scandal, thoughts in the business world about this Summer’s quadrennial festival of football turn, yet again, to the matter of how to deal with it all. One of the first up with suggestions this time is the UK employment conciliation service agency ACAS which thinks the answer no longer lies in turning a blind eye to what people get up to, but instead working around it. They are urging firms to allow staff to work flexibly during the World Cup so they can watch games with minimal disruption to business. ACAS last month issued new guidance on flexible working in advance of a change in the rights of workers to request flexible working at the end of June, and is now suggesting that flexible working will help to reduce absenteeism and disruption during the tournament in Brazil which begins on June 12.

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New tenants reflect strong demand for office accommodation on Regent Street

Sstrong demand for office accommodation on London's Regent StreetIn one of the most substantial West End lettings this year, global asset and investment manager, Tudor Capital Europe LLP is to locate its new UK headquarters to Crown Estate’s 10 New Burlington Street development. The firm will move into some 40,000 sq ft across two floors at the £250m redevelopment, which forms part of Regent Street’s £1 billion regeneration. This follows on from a 30,000 sq ft letting to Ares Management at the same building. The addition of Tudor Capital Europe to the line-up at 10 New Burlington Street means the office element (around 100,000 sq ft) is 75 per cent let at completion. The move illustrates strong demand for office accommodation on Regent Street, where office take up rose by 90 per cent in the 12 months prior to March 2014, compared to an increase of 31 per cent over the wider West End in the same time span. More →

Green light (at last) for nine acre Birmingham City Centre mixed use development

commercial propertyThe developer of a major new mixed use project on a 9 acre site in the centre of Birmingham has announced that work will begin soon, after nearly ten years of delays. The £500 million Arena Central scheme was initially announced in 2004, then significantly extended and revised in 2011 to double the amount of commercial property available as part of the development. The first impressions of the finalised plans were published earlier this year and featured open public spaces, an urban meadow, cascading water features, ramps and a pedestrian spine that connects the elements of the site and connects to the main shopping areas in Broad Street and city centre residential areas to the South.  All in all, landscape architect Gillespies has designed four acres of soft landscaping within the development, nearly half of its total footprint. The first office building for the site will be designed by Make Architects. The building, named Arena 1 will be a 144,000 sq. ft. set to complete in 2016.

Barangaroo South Tower 2 in Sydney is now Oz’s greenest large office building

Barangaroo SouthOne of Sydney’s landmark new office towers has just been awarded a 6Star Green Star –Office Design V3 rating, the Green Building Council of Australia’s highest environmental accreditation. South Tower 2 in Barangaroo South is part of a $6 billion carbon-neutral development alongside Sydney Harbour. The 42 storey skyscraper is part of a three commercial building cluster in Barangaroo South called International Towers Sydney. Each of the buildings incorporates arrange of sustainable features including cooling systems using water from the harbour and solar shading. The buildings also make use of the development’s shared environmental features including an on-site backwater treatment plant which will recycle up to one million litres of water a day for use by the local community. The intention is to create a world class sustainable community in the city.

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Goodbye 9-5: flexible working practices help retain and attract staff

flexible working connectors

Tech savvy connectors @ Oliver Preston

New ways of working are being fuelled by employees desire to take greater control of their lives. Over three-quarters (77%) of respondents in a survey by YouGov for Virgin Media Business said that remote working helps them address their work-life balance and almost four in five employees (78%) believe companies today need to offer it to attract and retain staff. As part of the research, psychologist Professor Cary Cooper reveals remote workers fall into four groups which range from ‘beginners’ to tech savvy ‘connectors.’ He stresses the need for employers to not only kit out their employees with the technology they need to work remotely, but also to educate them on flexible working best practice tips and guidelines because: “Ultimately this will help them ensure there is consistency across employees’ standard of work regardless of location, and will also ensure they remain as productive as possible.” More →

A third of UK workers would welcome a digital assistant to free up their time

digital assistant

A vision of the present. © Pixar Studios

In the 2008 Pixar film WALL-E, humans have fled the planet they have destroyed in an orgy of garbage-generating mass-consumerism and been reduced to morbidly obese, sedentary lumps living vicariously through screens and whose every need is catered for by the machines around them. Well, they say the best science fiction is really about the present day and sure enough, it appears that many of us are perfectly happy with the idea of suckling at the galvanised teat of a robot overlord. A new survey carried out by ClickSoftware  claims that a third of UK employees would welcome the idea of having a personal digital assistant to help them carry out everyday tasks. Over half (58 percent) hope that intelligent apps will take on at least a tenth of their workload in the future, especially those tasks considered mundane and repetitive such as administration, work scheduling and planning journeys.

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Flexible working just one factor that can lift the workplace blues

Flexible working happinessNew research commissioned by office supplies firm Viking claims that many people working for small businesses are unhappy, stressed and demotivated in the workplace for much of the time but that their misery can be alleviated with flexible working, training, social events and generally a bit more information and attention from their employers. The research found that a third of the employees surveyed, all of whom work for firms with fewer than 50 employees, claim to be unhappy for more than half of their time at work, with 42 per cent saying they are also stressed and unmotivated. The respondents claim that these issues could be resolved with more flexible working, social events, personal development and business updates. With workers rating such displays of affection more highly than a pay rise, a spend of less than £500 per employee each year on the things they cherish could make them more happy and motivated.

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Talent challenge ahead as UK employers struggle to fill skills gap

Skills gap challenge ahead for UK employersWith the economy picking up, nearly two thirds of UK employers are concerned that they won’t be able to find the people with the skills needed to fill their burgeoning job vacancies. A global PwC survey of over 1,300 CEOs in 68 countries reveals that a quarter of UK business leaders plan to increase their headcount by up to 5 per cent in the next 12 months, with a further 20 per cent planning increases of up to 8 per cent and a further one in five planning increases of over 8 per cent. But 64 per cent of UK business leaders are more concerned about the availability of key skills than any of their Western European counterparts, rating it as the biggest business threat to their growth plans. Technology and engineering firms report the most chronic shortage of skilled employees. More →