London office market activity hits post-pandemic high … for smaller, better, greener offices

London office market activity hits post-pandemic high … for smaller, better, greener offices

london officeA study of the London office market from Gerald Eve suggests that there is now the highest number of lettings since before the pandemic with activity focused on smaller requirements and environmentally friendly buildings. Lettings between 10,000 and 20,000 sq ft made up a significant portion of demand with 713,000 sq ft (or 23 percent) of all activity, which totalled 3.1m sq ft in Q1. Tenants are now voting with their feet for best-in-class space, with sustainability at the forefront of decision making. Post-covid requirements continue to shape the criteria for office space as subjective business-linked or staff retention demands rank higher than overall cost in the search for office space. More →

Flexible working now arriving at aisle three

Flexible working now arriving at aisle three

flexible working tescoRemote workers might soon be able to do their jobs and shop for groceries at the same time, under a new “Spaces” project between Tesco and flexible office operator IWG. A trial at a branch of Tesco in New Malden that will start later in this month and will accommodate 12 private desks, 30 co-working spaces and a meeting room. The 3,800 sq ft space within the store would normally have been used for electrical goods, music, and other forms of entertainment, most of which are now mainly purchased online. The aim is to make better use of floor space and, if successful, Tesco stores across the country could become flexible working hubs. More →

Flexible working is the new hybrid working, apparently

Flexible working is the new hybrid working, apparently

flexible workingFlexible working is the new hybrid working as a third of European workers would decline a job if flexible hours were not offered. That is the key claim of a new report from Owl Labs, a collaborative technology company. The annual State of Hybrid Work study polled 10,000 full-time employees across UK, Germany, France, Netherlands and Scandinavia – which suggests that flexibility is key to retaining top talent in 2022 and beyond. Over a third (37 percent) of European employees are prepared to decline a job if flexible hours are not offered and just over two thirds (69 percent) would accept a pay cut to have flexible hours. More →

Small business owners continue to struggle with mental health

Small business owners continue to struggle with mental health

mental healthTwo out of five (40 percent) small business owners believe that their emotional recovery from the pandemic will take much longer than that of the financial disruption. And, according to a new study by Xero those investing in wellbeing initiatives were more likely to hold on to staff and grow revenues. Nine out of 10 (92 percent) small business owners experienced symptoms of poor mental health over the last two years, according to the study with the Centre for Economics and Business Research (Cebr) and Opinium. Professional responsibilities played a significant part, with more than half (52 percent) said that running their business has contributed to those symptoms. More →

Nature based solutions have the potential to transform cities and buildings

Nature based solutions have the potential to transform cities and buildings

nature based solutionsThe UK Green Building Council (UKGBC) has launched a new framework to help organisations and planners to recognise the significant value and benefit of nature-based solutions across urban developments. The report claims to reveal the scale of positive outcomes which Nature-Based Solutions (NBS) can deliver, as well as the wide range of stakeholders who can benefit from their implementation across cities and urban areas. More →

Job dissatisfaction is rife among senior executives – and hybrid working doesn’t help

Job dissatisfaction is rife among senior executives – and hybrid working doesn’t help

job dissatisfactionWidespread job dissatisfaction means a large proportion of senior executives from top US companies plan to leave their organisations in the next two years, according to a new report from KellyOCG. According to the 2022 KellyOCG Global Workforce Report – Re:work – there’s a significant disconnect between employees’ expectations and the support employers provide. Through a survey of C-suite leaders, board members, department heads, directors, and managers in 12 countries, including the United States and Canada, the report claims that 78 percent of US executives and 52 percent of Canadian executives, compared to 72 percent of leaders globally, aim to leave their jobs by 2024. More →

Half of workers worried about the financial cost of the return to the office

Half of workers worried about the financial cost of the return to the office

commuters return to the officeSlack has released the results of a new poll which the firm claims reveals the current state of mental wellbeing among UK workers. Commissioned in partnership with NHS GP and TV Doctor, Dr Sara Kayat, and to mark Mental Health Awareness Week, the survey sets out to examines the impact of the office on wellbeing, the effects of the return to the office after the pandemic and indicates how businesses can build healthier workplaces. More →

Imposter syndrome afflicts most people, but very few talk about it

Imposter syndrome afflicts most people, but very few talk about it

imposter syndromeThree in five workers experience imposter syndrome with women and younger people disproportionately more likely to have feelings of self doubt, according to a new report from jobsite Indeed.  The findings from Indeed’s Working on Wellbeing report are based on a YouGov survey of 2,500 UK workers around mental health and highlight how workers still are not getting the support needed from their employer.  More →

BCO honours the best workplaces in South of England and South Wales

BCO honours the best workplaces in South of England and South Wales

BCO South West AwardsSix South of England and South Wales workplaces have been recognised at the annual British Council for Offices’ (BCO) Regional Awards. The South of England and South Wales Awards Dinner returned in-person at We the Curious at Bristol Harbourside, recognising the highest quality developments in the South of England and South Wales and setting the standard for excellence in the office sector across the UK. More →

Retrofit is essential for the UK’s stock of poor performing commercial property

Retrofit is essential for the UK’s stock of poor performing commercial property

commercial property retrofitThe UK Green Building Council (UKGBC) has published a guide that calls on businesses to retrofit the country’s poorly performing stock of commercial buildings. From 2025, every commercial building in the UK will require an energy performance certificate (EPC) which rates its energy efficiency from grade A to G. The Government is seeking to strengthen these standards and has proposed that all commercial properties being let have a minimum EPC rating of at least ‘B’ by 2030 and is considering a possible interim requirement of level ‘C’ by 2027. Buildings which fail to meet these new standards would require owners and landlords of commercial buildings to upgrade their stock. More →

Two thirds of US employees resist calls for a ‘return to the office’

Two thirds of US employees resist calls for a ‘return to the office’

return to the officeNearly two thirds of American employees are resisting the calls for a ‘return to the office’, according to a poll published in The Hybrid Performance Review from Poly. The firm surveyed 5,000 US employees and employers to uncover how workspaces, technology, and personality traits impact performance; and how employers are responding. More →

Menopausal women being let down by employers

Menopausal women being let down by employers

menopausal womenA landmark study based on data from the largest ever survey of menopausal and peri-menopausal women in the UK reveals a shocking lack of support for often severe symptoms which mean the needs of menopausal women are being ignored both in the workplace and by healthcare providers. More →