CPA: UK construction activity will fall in 2013

The UK’s Construction Products Association (CPA) has today reported that it expects overall construction activity in the UK to fall by around 2 per cent this year, with most of the decline attributed to a greater than 5 per cent drop in commercial projects. Particularly concerning is the fact that the Government’s austerity measures with regard to public sector investment have not been offset by an increase in private sector activity. However these figures still represent an improvement on the 9 per cent fall of 2011.  More →

Tall buildings continue to flourish in Gulf and Asia

The ongoing economic downturn hasn’t much dampened enthusiasm for erecting tall buildings according to a review for 2012 carried out by the Chicago based Council on Tall Buildings and Urban Habitats. Although the number completed in the last year fell from 82 in 2011, there were still 66 buildings taller than 200 metres opened in 2012, the third most in history. Because some projects were delayed for one reason or another, activity is expected to pick up again this year and next.  More →

Only one in five FDs see suppliers as strategic partners

Only one in five finance directors see their suppliers as ‘strategic partners’, according to a survey of finance leaders in the UK and Ireland carried out by Expense Reduction Analysts (ERA). The report also revealed that 77 per cent of companies work on a short term basis when procuring products and services and resort to a defensive cost-cutting mentality when money is tight. More →

Goldman Sachs submits plans for troubled European HQ

Following recent reports that a growing number of firms were locating in the burgeoning creative centres of East London,investment bank Goldman Sachs has finally submitted plans for the 1.2m sq ft nine storey headquarters building KPF in Farringdon Street. The KPF-designed development will replace two existing buildings – the 13 storey Fleet Building and adjacent Plumtree Court which Goldman Sachs acquired in 2011.

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Record global temperatures still a threat say Met Office

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Following media reports that “global warming has stalled” – despite the fact that Australia’s Bureau of Meteorology is predicting temperatures there could reach a record 52C – the Met Office has warned we will continue to see near-record levels of global warming over the next few years. The publication this week of an experimental decadal global temperature prediction showing global temperatures over the next five years are likely to be a little lower than those forecasted in December 2011 was widely reported as “reopening the climate change debate”. More →

Global sustainable real estate securities fund announced

A global sustainable property fund that invests in Real Estate Investment Trusts (REIT) and other publicly traded property companies that meet environmental and social sustainability criteria, has been launched by US real estate investment firm European Investors Incorporated (EII). The focus will be primarily on global equities of companies involved in the ownership, management, development and financing of commercial and residential properties that strive to meet sustainability requirements.
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The latest issue of Insight is now available to view online

Insight 3 copyThe latest issue of Insight has been sent out to our subscribers and is also available to view online. If you don’t subscribe already, please add your name to the four thousand people who already do by popping your name and email address in the box on the right. ?

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UK construction set for growth, say surveyors

Following the recent news that the UK’s construction sector had suffered a significant fall in the final quarter of 2012, better news emerges from the Royal Institute of Chartered Surveyors with a report indicating that the UK construction market is expected to turn a corner this year as the government’s focus on infrastructure starts to generate returns. Chartered surveyors are predicting that output is set to increase in 2013 according to the latest RICS construction market survey. More →

Why standing up in the office can help you lose weight

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Office workers can burn an extra 144 calories per day by standing rather than sitting at their desk, says a leading expert on exercise and health. Applying his knowledge of human physiology, Dr John Buckley, from Chester University’s Department of Clinical Sciences and Nutrition, has calculated that working at a standing desk for three hours a day will burn eight pounds of human fat in the course of a year, with no change to your job or leisure time activities.  More →

All right? Manchester property outperforms other UK regions

The idea that the UK is essentially a closely bound federation of city states, each with their own culture and economy is given added credence by new research from CBRE into regional variations in the commercial property market. London does things  its own way, of course, but the top regional city is Manchester – the only one of eight centres that showed any evidence of rental growth during 2012, even though it was a modest increase from £29.50 per sq ft to £30 per sq ft. The full report can be viewed hereMore →

Seeing stars, new guidance on reducing obtrusive lighting

RSL_slideThe Society of Light and Lighting (SLL) part of the Chartered Institution of Building Services Engineers (CIBSE) has published its new SLL Guide to Limiting Obtrusive Light, which looks at ways of controlling obtrusive light and the design implications for the planning, design and specification of exterior lighting schemes.
While outdoor lighting is important for people’s work, safety and leisure, it can cause issues of sky glow, light trespass or glare. Obtrusive light can affect health if sleep is disturbed, and affect the visibility of the stars and the behaviour of flora and fauna. More →

Show stomping change as Maze prison site plans approved

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The notorious Maze Long Kesh prison site in Northern Ireland where the ‘H’ block hunger strikes took place is to be redeveloped into an international standard showground designed by London-based firm Studio Egret West.
The Royal Ulster Agricultural Society (RUAS) was granted planning permission to relocate the Balmoral Show, (Ireland’s largest Agricultural and Food Show) to the site of the former Maze prison, after the Balmoral show outgrew the Kings Hall site where it has been held for 100 years. More →