Workplace and property firms must wake up to the new era of networked businesses

Workplace and property firms must wake up to the new era of networked businesses

the networked workplaceWhile millions of words have been dedicated to the expected changes in post-Covid workstyles – how will people work, where will they work, how will they be supported – very little has been said about their employers: companies and corporations. Yet the anticipated changes to work and the workplace raise questions about the role of the company. Is it one just half of a transaction between employer and employee? Or is it something more? Indeed, what is the role of the company in the modern economy? Is the nature of the company likely to change? The answers could have a greater impact on workstyles than the pandemic. More →

What’s a landlord to do when the office is a destination, not a routine?

What’s a landlord to do when the office is a destination, not a routine?

Office for Estee LauderEvery week a new survey is published or a statement from a CEO hits the press related to corporate occupier’s desire to adopt a form of hybrid working for the long-term post Covid 19. And as a result, the desire to occupy less space in their central office hub. Landlords are asking- What do we do now to attract and keep great occupiers, and fill our buildings? I have an idea that is of its time. A time when the world has started to cooperate, collaborate, and work towards a common purpose. When work, life, values, and priorities are shifting. Employers are seeking to look after their people in a holistic way in and out of the office. More →

Apple commits to new campus as part of huge investment plan

Apple commits to new campus as part of huge investment plan

Apple campus in RaleighApple has announced an acceleration of its US investments, with plans to make new contributions of more than $430 billion and add 20,000 new jobs across the country over the next five years. The plans include the creation of a new campus in the Research Triangle in Raleigh, North Carolina. Apple will spend over $1 billion on the campus, where it will employ around 3,000 people working on technology including software engineering and machine learning. Employees are expected to start work at the campus next year. More →

Global real estate CEOs plan for industry transformation

Global real estate CEOs plan for industry transformation

real estateThe real estate industry needs to transform to serve the needs of people and cities in the next decade, according to a new report released by the World Economic Forum. COVID-19 has revealed vulnerabilities throughout the real estate industry, ranging from indoor air quality problems to excess supply and accelerated underlying demand drivers, which need to be addressed for buildings and cities to be healthier, prosperous and more sustainable. More →

Developers who capitalise on wellness will benefit in post-pandemic world

Developers who capitalise on wellness will benefit in post-pandemic world

developersJust as the pandemic has forced many to re-think their relationship to the office, developers and building owners have been forced to reassess the service they offer to meet the altered needs of occupiers, according to research by JLL. More →

JLL announces plans for new UK headquarters at 1 Broadgate

JLL announces plans for new UK headquarters at 1 Broadgate

British Land has announced that JLL has chosen 1 Broadgate for its new UK flagship office. JLL, the global real estate services firm, has signed an agreement for lease for 134,000 sq ft on a 15 year term, representing a pre-let of nearly a third of the office space. More →

UK civil service signs up to hybrid working deal

UK civil service signs up to hybrid working deal

The UK civil service is set to pioneer a widespread hybrid working strategy with the announcement of a new deal with serviced office provider IWG. The details of the deal, reported first in The Telegraph newspaper (paywall), will include the creation of a nationwide network of ten coworking spaces for the use of civil servants when they are not in London. The report suggests that up to 430,000 employees could now have a better chance of adopting a hybrid working culture.  More →

Government makes it easier to convert unused offices into homes

Government makes it easier to convert unused offices into homes

New rules allowing commercial premises to be converted into homes come into force as part of a package of measures the UK government claims will help to revitalise England’s high streets and town centres. It believes the new rules will help “support the creation of much-needed homes while also giving high streets a new lease of life – removing eyesores, transforming unused buildings and making the most of brownfield land.” More →

Finding a new sense of purpose in the way we all do business

Finding a new sense of purpose in the way we all do business

Mental health and purposeIt is now a truism that society expects more of business than merely maximising shareholder value. Milton Friedman’s conviction that unswerving commitment to this single goal would ensure that business and society would prosper has come to be seen as blinkered, unfit for the twenty-first century and enabling of corporate greed. Instead of shareholder value maximisation, an idea that The Economist called ‘the biggest idea in business’ in 2016, businesses are now encouraged to recognise their responsibilities to an array of ‘stakeholders’, from employees, suppliers and customers, to the planet itself and other communities (real or imagined). So, it has never been more important for businesses to do good, have a clear sense of purpose and be seen as doing so. More →

‘Healthy buildings’ enjoy a surge in demand worldwide

‘Healthy buildings’ enjoy a surge in demand worldwide

healthy buildings SiemensA new survey of many of the world’s leading real estate investors finds that 92 percent of respondents expect demand for healthy buildings to grow in the next three years. The report claims that this is a compelling signal of the direction the real estate sector is heading. This finding, among others, is captured in a report titled A New Investor Consensus: The Rising Demand for Healthy Buildings (registration) which claims to be a comprehensive health and wellness study of global real estate investment managers and stakeholders representing aggregate AUM of $5.75 trillion and portfolio investments in real estate totalling approximately US$1.03 trillion. More →

From the archive: A new approach to office design is redefining property

From the archive: A new approach to office design is redefining property 0

office design At the end of the 18th Century it was becoming apparent that overpopulation was something the human race would need to address for perhaps the first time. Advances in technology and the urbanisation that followed the Industrial Revolution had created a new set of challenges. These were most famously laid out in a 1798 book called An Essay on the Principle of Population, written by an English cleric called Thomas Malthus.

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Major firms lose appetite for office downsizing as they plan what happens next

Major firms lose appetite for office downsizing as they plan what happens next

office downsizingA new report from KPMG suggests that half of major corporations do not expect to see a return to any sort of ‘normality’ until 2022 when half of the general population has been vaccinated. The report also claims that there has been a steep decline in the appetite of the global executives who took part in the survey for office downsizing as the firms reconsider the need for in-person business to resume when countries emerge from the pandemic. More →

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