September 20, 2013

RICS launches guidance for small businesses on managing property assets

by Sara Bean • Facilities management, News, Property

Property costs – such as business rates and rent – are one of the most significant expenses incurred by SMEs and failure to take professional advice on how to manage them can cost businesses thousands of pounds. RICS has launched a guide to help small businesses take better control of their finances through managing their property assets differently. The Small Business Property Guide, which is free of charge for business owners, covers all aspects of the property process. It has been endorsed by the Federation of Small Businesses, the British Retail Consortium and the Association of Town and City Management. The guide includes advice on; finding the right premises; business rates; tax allowances on property; and valuations.

September 19, 2013

National work-life week 2013 aims to promote better work-life balance

by Sara Bean • Flexible working, News, Workplace

Encouraging a healthy work-life balance is one of the keystones of employee wellness programmes. Yet, while most employers would claim they continually address issues such as stress and overwork, the fact that 40 per cent of workplace absences in this country are stress-related tells a different story. According to a new survey by Adecco, a third (34%) of employers are even prepared to cancel someone’s holiday if there is too much work to do in the office. Such practices are being challenged by a week of events dedicated to the promotion of work-life balance. National Work-Life Week 2013 is organised by the charity Working Families and will include a conference ‘Smart Work, Agile Work, Flexible Work’ on Tuesday 24 September. (more…)

September 19, 2013

Plans for a new high rise office development in City of London unveiled

by Sara Bean • Architecture, News, Property

DBOX for Henderson Global Investors and MAKE

Plans for a new high rise office development in the City of London have been unveiled by Henderson Global Investors. Designed by Make architectural practice, the high buildings at 40 Leadenhall Street, EC3 will vary in height between 7 and 34 office storeys, with two additional basement levels, a roof level plant, and café and restaurant uses at ground floor level. The total size of the building is 910,000 sq ft, split between 890,000 sq ft office and c. 20,000 sq ft retail. A grade II listed building at 19-21 Billiter Street, built in 1865, will be restored and integrated in the proposed scheme, which it is estimated will create 390 construction jobs, with around 7,000 people expected to work in the completed building. (more…)

September 18, 2013

Winners announced for outstanding leadership in sustainable buildings awards

by Sara Bean • Environment, News, Property

City Green Court building in Prague

British Land, Spanish city Vitoria-Gasteiz and the City Green Court building in Prague, Czech Republic, have clinched the top spots in the inaugural World Green Building Council Leadership Awards – Europe Region. The awards, which were announced to coincide with World Green Building Week 2013 – honour leadership and best practice in green building policy, construction projects and corporate initiatives. British Land won the category for Business Leadership in Sustainability; Vitoria-Gasteiz picked up the award for Leadership in City Policy for Green Building award; and office building City Green Court, topped the Leadership in Building Design and Performance category for its sustainability features. (more…)

September 18, 2013

Service providers taking desperate measures to combat “loaded dice” procurement

by Sara Bean • Facilities management, Legal news, News

Building rapport with a potential client is an important part of the procurement process, but how far do you go? According to new research, some service providers have resorted to desperate measures to bag new business, including hiring the client’s daughter; bringing in actors and equipment to make their organisation seem larger than it is and even helping the prospect write the Request for Proposal to ensure that it matched the services they could deliver. The reason, according to findings unveiled today by blur Group is that despite the majority of decision makers believing there are better service providers available than their existing network, the vast majority (89%) were still likely to approach their existing service providers when a new project arose. (more…)

September 17, 2013

Sound design: a debate on openness and privacy at work, 100% Design, 18 September

by Mark Eltringham • Events, Facilities management, Furniture, News

Insight publisher Mark Eltringham will be chairing a debate at 100% Design on Wednesday the 18 September on the ever topical and ever changing issue of designing for sound. The discussion will consider whether we have the balance right when it comes to providing people with a mixture of spaces to work quietly and privately and others in which they can work with colleagues and even- dare we admit it – enjoy the racket they create? The panel includes noted workplace experts Tim Oldman of Leesman, Monica Parker of Morgan Lovell and Colin Rawlings of Icon who will discuss the conflicting forces involved and challenge with examples and data the lazy assumptions and received wisdom that can distort decision making on this most sensitive of topics.

September 17, 2013

New research sheds light on why executives persist in stressful work habits

by Sara Bean • Flexible working, News, Workplace

There’s a fine line between enjoying the stimulation of a demanding job and feeling burnt out. Lloyds’ chief executive, Antonio Horta-Osorio made headline news in 2011 after being signed off sick with stress and exhaustion. As the recent suicides of two Swiss banking executives have shown, it’s often difficult for pressurised workaholics to admit the job has become too much. A recent US academic study provides some clues as to why senior executives persist in working to unhealthy levels; while research by serviced office provider Business Environment reveals how UK office workers are also prone to stressful work habits. One fifth (21%) take work home at least one to two times a week, and one in five employees (19.6%) have taken time off work due to stress. (more…)

September 17, 2013

Record number of managers in the UK, but who or what are they all managing?

by Mark Eltringham • News, Public Sector, Workplace

The number of managers in the UK has reached record levels according to a new report. But who or what they are all managing is slightly less clear as structural changes in the UK economy mean there are fewer people in full time and skilled work, especially in the public sector, as well as a growing number of the self-employed. An analysis of ONS statistics by the Jobs Economist reveals the number of people defined as managers in the UK is now 3.1 million, up 7.8% in just two years and now more than 10% of the entire workforce. By contrast the number of skilled trades people has fallen by 2.2%, the number of people working full time has fallen to 21.4 million, public sector employment has fallen by 437,000 in three years while the number of self-employed has grown by 367,000 since the 2008 downturn.

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September 17, 2013

Businesses report a growing appetite for social media work tools

by Sara Bean • Flexible working, News, Technology

Social media, as politicians and celebrities are all too aware is a double edged sword. Just last week David Cameron read out a Twitter message during Prime Minister’s Questions sent to a Labour MP, who had asked people for suggestions about what to ask at PMQs. The first reply was “how happy are you that the Labour leader will still be in place at the next election?” And Cameron himself has not been exempt to the odd twitter gaffe. Social media is such a powerful tool however, that employers can’t afford to ignore it – so demand for enterprise social networks – business tools that use Facebook-style features to allow staff to interact with one another on work projects are on the increase. (more…)

September 16, 2013

World Green Building week launches with a breath of fresh air

by Sara Bean • Environment, Facilities management, News, Property

Making sustainability sexy is a tall order. Look up the topic “green building” and you’ll invariably come across in depth descriptions of energy saving schemes and achieving a BREEAM rating. All these considerations are of course very important, but they make it difficult to engage building occupants. With the theme “Greener buildings, better places, healthier people”, World Green Building Week, which begins today (16-20 September), should do just that, by concentrating on the tangible benefits to building occupants of a green office. Paul King, Chief Executive of UK-GBC, said: “We often hear about the environmental and financial benefits of green buildings, but less attention is paid to the impact on those who live and work in them.” (more…)

September 16, 2013

Value of offices and property rental income across the UK hit two year high

by Mark Eltringham • News, Property

The value of commercial real estate in the UK rose for the fourth consecutive month during August, led by increases in the average value of offices, according to a report from Investment Property Databank (IPD). The average value of offices, warehouses, retail and industrial rose by a 0.4 percent across the country. Office buildings rose by 0.6 percent during the month while total return, which combines changes in real estate values and rental income, was 0.9 percent, to reach the highest level since March 2011. The report claims the upturn is down to the wider economic upturn and persistent low interest rates which incentivise investors to acquire high income generating assets. The report also notes that investors are looking to acquire more property outside of London as the economic recovery spreads across the UK. (more…)