Firms rethink office portfolios to accommodate hybrid working

Firms rethink office portfolios to accommodate hybrid working

hybrid workingA significant majority of businesses, (68 percent) expect to be promoting a more regular return to the office by the middle of this year, according to the latest EMEA Occupier Sentiment Survey from real estate advisor CBRE. Nearly a quarter of those surveyed (23 percent) said the process is already underway, with 45 percent focussing on the remainder of H1 as the return period. However, nearly three quarters are doing so as part of a shift to hybrid working. More →

Google opens new Bay View campus in California – image gallery and video

Google opens new Bay View campus in California – image gallery and video

Google Bay View CampusGoogle has announced the opening of its new Bay View campus in Silicon Valley, representing the company’s first time developing its own major campus.  The Bay View campus was designed by architects Bjarke Ingels Group (BIG) and Heatherwick Studio, as well as Google’s design and engineering teams, and spans 42 acres adjacent to the NASA’s Ames Research Center in Silicon Valley. It totals 1.1 million square feet, with 20 acres of open space, two office buildings, an 1,000-person event centre, and 240 short-term employee accommodation units. More →

Circular economy accelerator launched to address role of built environment in climate change

Circular economy accelerator launched to address role of built environment in climate change

circular economyThe World Green Building Council (WorldGBC) and its network of over 70 Green Building Councils have launched a Circularity Accelerator — a global programme that sets out to accelerate the adoption of circular economy and resource efficiency principles in the building and construction sector. Last week, the United Nations (UN) reported we have a 50 percent chance of exceeding 1.5°C of global heating in the next five years. Between the UN Climate Summit of COP21 in Paris and COP26 in Glasgow, the global economy consumed 70 percent more raw materials than the Earth can safely replenish. More →

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 →

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 →

British Council for Offices honours the North’s best workplaces at annual Regional Awards

British Council for Offices honours the North’s best workplaces at annual Regional Awards

Six workplaces across the North of England and Northern Ireland have been recognised at the annual British Council for Offices (BCO) Regional Awards today. The Northern BCO Awards dinner returned in-person to the Kimpton Clocktower in Manchester, recognising the North’s highest quality developments and setting the standard for excellence in the office sector across the UK. More →

Demand for office space ‘bounces back’

Demand for office space ‘bounces back’

office spaceThe start of 2022 saw a jump in new tenants looking to rent UK commercial property, with the uplift particularly prevalent in prime office space. Investor enquiries across all UK commercial property also continued to rise, according to the RICS Commercial Property Market Survey, Q1 2022. Respondents to the survey saw a notable increase in UK office demand in Q1 2022 with the net balance improving to +30 percent from a flat picture at the end of 2021. A considerable change in sentiment was also seen in the retail sector, as occupier demand moved into relatively neutral territory (-1% net balance), the first time this reading has been neutral or positive since the beginning of 2017. More →

British Council for Offices honour London’s best workplaces at annual Regional Awards

British Council for Offices honour London’s best workplaces at annual Regional Awards

Six London workplaces have been recognised at the annual British Council for Offices’ (BCO) Regional Awards. The London Awards Lunch returned in-person to the London Hilton on Park Lane, recognising the highest quality developments in London and setting the standard for excellence in the office sector across the UK. The winning workplaces include:  80 Charlotte Street (Commercial Workplace); Plumtree Court, 25 Shoe Lane (Corporate Workplace); Dojo, The Brunel Building, 2 Canalside Walk (Fit Out of Workplace); ASOS HQ, Greater London House, 180 Hampstead Road (Refurbished/Recycled Workplace); Pennybank , 33-35 St John’s Square (Projects up to 1,500m sq. ); 1 Triton, 1 Triton Square, Regent’s Place (Innovation) More →

We need to seize the chance to make our buildings far more intelligent

We need to seize the chance to make our buildings far more intelligent

Even before the pandemic, statistics were making the case for workplaces to be made up of more intelligent buildings. This includes the fact that offices generally operate at around 55-60 percent utilisation, and as we return to the office are currently at 45 percent utilisation. From presenteeism to absenteeism and many other factors in between, workplaces have seldom been utilised by entire workforces at the same time. However, the prevailing approach has been for firms to drive an office setup with one-to-one desking – a seat for every employee, even though five in 10 would not be in at any one time. More →

What Jacob Rees Mogg really got wrong about working from the office

What Jacob Rees Mogg really got wrong about working from the office

One of the challenges of taking part in The Great Work Conversation is swerving alignments with the wrong people. It’s easy enough to call out the crusty, passive aggressive notes apparently left by Lord Bufton Tufton on the desks of civil service drones. But it’s equally easy to find yourself tarred with the same brush if you dare to suggest not everybody is about to cocoon themselves in a bedroom forever or swap all they have for a life trundling from place to place in a dormobile, exchanging work for tokens. More →

Half of large office occupiers plan to rethink their property requirements

Half of large office occupiers plan to rethink their property requirements

PWC officeLarger office occupiers are getting to grips with the fallout following the pandemic and are now reassessing their office property needs, according to a new YouGov survey commissioned by law firm Irwin Mitchell. The survey of over 500 office property decision makers shows that nearly half (46 percent) of large businesses and (39 percent) of medium sized companies plan to rethink their office space- whether by upsizing, downsizing, or relocating. The survey shows that one in five large businesses plan to increase their existing office space, with the same proportion looking to reduce space and 5 percent to relocate. In addition, 11 percent are looking to reconfigure their existing space. While 37 percent plan to stay the same. More →

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