UK government outlines £86 billion science and technology plan to support regional growth

UK government outlines £86 billion science and technology plan to support regional growth

by • News, Property, Technology

The UK government has announced a package of funding and initiatives aimed at strengthening the country's position in science and technologyThe UK government has announced a package of funding and initiatives aimed at strengthening the country’s position in science and technology, which it believes will offer a particular focus on helping regions capitalise on local research and innovation. The investment, totalling £86 billion, forms part of the government’s broader Science and Technology Framework. It includes targeted support for universities, researchers and businesses outside of the traditional innovation hotspots in the South East of England. (more…)

Milan proves to be the perfect setting for an optimistic BCO conference

Milan proves to be the perfect setting for an optimistic BCO conference

by • Comment, Property

Milan may not seem an obvious choice for the BCO conference. Turns out it was perfect for an increasingly optimistic sector, writes Anna KingIf anyone was asked to think of where to find the best examples of an office, I doubt very many people would reply ‘Milan’ but that may just be the reason that this year’s BCO conference was a resounding success. With Milan and its layers of history, culture, design and the vital ‘caffè’, we are reminded that workspaces are about so much more than function. A view certainly held by Amber Luscombe, Head of ESG at Oxygen, “This is my third BCO conference I was expecting more of the same, but the discussions have moved on with engaging speakers, stimulating conversations and a more positive – yet realistic –  outlook from the attendees. So many factors influence, surrounds and support good office design, from fostering a sense of belonging and community to wellbeing and nature and they were all on the table at Milan.” (more…)

Growing demand for homes and lab space may be met by repurposing vacant offices

Growing demand for homes and lab space may be met by repurposing vacant offices

by • News, Property

Rather than retrofitting secondary vacant offices, landlords are converting them into homes and life sciences laboratoriesA growing mismatch between supply and demand in the housing and life sciences sectors is fuelling a wave of office conversions across the UK, as developers seek to repurpose outdated vacant offices to meet changing needs, according to a new report from CBRE. According to the real estate firm, the rise in hybrid and remote working has left a significant volume of secondary office space vacant, with many buildings no longer fit for modern corporate requirements. Rather than invest in costly retrofitting, landlords and investors are increasingly exploring conversion opportunities – particularly into residential units and life sciences laboratories. (more…)

The amenity trap: why more isn’t always better

The amenity trap: why more isn’t always better

by • Comment, Property

In a competitive market with a growing focus on employee experience, landlords are under pressure to differentiate their buildings, and amenity is often the tool of choice. But more isn’t always better.Over the past decade, amenity has evolved from a ‘nice to have’ to a key part of any office building strategy. In a competitive market with a growing focus on employee experience, landlords are under pressure to differentiate their buildings, and amenity is often the tool of choice. But more isn’t always better. The most successful amenity strategies aren’t defined by volume, novelty, or trend. They’re defined by relevance: to the building, the occupier, and the wider market context. When poorly thought through, amenity can become a sunk cost. When well-executed, it can drive rental growth, increase tenant satisfaction, and support leasing velocity. (more…)

Mayors in the North of England launch ‘The Great North’ to drive economic growth and investment

Mayors in the North of England launch ‘The Great North’ to drive economic growth and investment

by • News, Property

A new partnership known as The Great North has been launched by mayors in the North of England to drive economic growth and investmentA new cross-regional partnership known as The Great North has been launched by the metropolitan mayors in the North of England, aiming to unlock economic growth, create jobs, and attract investment across the region. The initiative was unveiled at the UK Real Estate Investment & Infrastructure Forum (UKREiiF) in Leeds, and marks what its founders call a new era of collaboration and locally driven prosperity. Chaired by North East Mayor Kim McGuinness and supported by the UK Government, the body brings together northern leaders to focus on shared priorities such as clean energy, advanced manufacturing, defence, and the creative industries. The initiative has been endorsed by Deputy Prime Minister Angela Rayner, who described it as central to the government’s ambition to shift power from Whitehall into the hands of local communities. (more…)

Thousands of civil service jobs to relocate away from London

Thousands of civil service jobs to relocate away from London

by • News, Property

The UK government has unveiled a significant restructuring of the public sector, aiming to relocate 12,000 civil service jobs from LondonThe UK government has unveiled a significant restructuring of the public sector, aiming to relocate 12,000 civil service jobs from London to regional hubs across the country. This initiative is part of a broader effort to decentralise government operations, enhance efficiency, and bring decision-making closer to communities. As part of this plan, eleven government offices in London are slated for closure, including prominent sites such as the Ministry of Justice in Victoria, the Department of Health and Social Care, and the Department for Work and Pensions at Caxton House. The consolidation is projected to save £94 million annually in property costs by 2032. (more…)

Most organisations now think they reduced their office space too much in the wake of the pandemic

Most organisations now think they reduced their office space too much in the wake of the pandemic

by • Flexible working, News, Property, Workplace design

According to The Office Occupiers Report 2025 from Irwin Mitchell nearly two-thirds of the organisations surveyed now believe they may have downsized their office space too much over the past few years.Most UK businesses now believe they got their office space strategies wrong in the wake of the pandemic. According to The Office Occupiers Report 2025 from Irwin Mitchell nearly two-thirds of the organisations surveyed now believe they may have downsized their office space too much over the past few years. Consequently, 45 percent are planning to expand their office footprint within the next 12 to 18 months, compared to just 10 percent considering further reductions. (more…)

Sustainability and wellbeing yet again key themes of South West BCO Awards

Sustainability and wellbeing yet again key themes of South West BCO Awards

by • News, Property, Workplace design

Seven office developments across the South of England and South Wales have been recognised as the region’s most outstanding workplaces at the annual British Council for Offices (BCO) AwardsSeven office developments across the South of England and South Wales have been recognised as the region’s most outstanding workplaces at the annual British Council for Offices (BCO) Awards. Among the winners were three Bristol-based projects, highlighting the city’s growing reputation for innovative, inclusive and sustainable office design. The awards ceremony, held at We The Curious in Bristol, celebrated excellence in office design, fit-out, and environmental performance. With a strong emphasis this year on ESG (Environmental, Social, and Governance), wellbeing, and inclusivity, the judges praised the winning projects for their forward-thinking, occupier-focused approaches. (more…)

Co-working spaces bring a whole range of benefits for employees and communities

Co-working spaces bring a whole range of benefits for employees and communities

by • Comment, Flexible working, Property, Workplace design

Today’s co-working spaces have evolved into something more powerful – particularly in a world still reshuffling office work practices in the wake of the COVID pandemic.When you think of co-working spaces – where workers from different industries come together to share a convenient workplace – you might picture a group of young freelancers hunched over laptops. But today’s co-working spaces have evolved into something more powerful – particularly in a world still reshuffling office work practices in the wake of the COVID pandemic. As workplaces adapt to new ways of operating, from hybrid to “digital nomadism”, co-working spaces can do more than simply offer flexibility. They can support workers’ wellbeing and work–life balance by enhancing a sense of community, building trust and new friendships, and encouraging continuous learning. (more…)

Prime office rents around the world continue to rise

Prime office rents around the world continue to rise

by • News, Property

ental growth for prime office space around the world accelerated in the first quarter of 2025, increasing on average by 0.6 percent, following a 0.3 percent increase in Q4 2024Rental growth for prime office space around the world accelerated in the first quarter of 2025, increasing on average by 0.6 percent, following a 0.3 percent increase in Q4 2024, says Savills. Fit out costs also rose by 0.7 percent in the first quarter, following a 0.2 percent increase in Q4, as demand for top quality office space continues unabated. According to Savills Q1 2025 Prime Office Costs report, in the first quarter average ‘all-in’ net effective costs (rent plus fit-out costs) rose by 0.5 percent, with 21 of the 40 locations monitored recording an increase, continuing a moderate upwards trend of 3.3 percent over the last year. (more…)

Regional BCO Awards show how London’s best offices are redefining the way we work

Regional BCO Awards show how London’s best offices are redefining the way we work

by • News, Property, Workplace design

The awards recognise excellence in the design, fit-out, operation and environmental responsibility of London's best offices.In a city where tradition meets the cutting edge, London’s office spaces are undergoing a quiet revolution. At the British Council for Offices (BCO) Regional Awards, held today at the London Hilton on Park Lane, seven projects were celebrated—not just for their architectural merit, but for what they reveal about the evolving needs of workers, employers, and communities alike. This year’s winners, chosen from across the capital, signal what the BCO claim is a new era of workplace thinking—where sustainability, community engagement, and human experience carry as much weight as style and status. The awards recognise excellence in the design, fit-out, operation and environmental responsibility of London’s best offices. The 2025 cohort offers more than inspiration; it sets a bold new benchmark for the offices of tomorrow. (more…)

Office fit out costs rise as firms adapt to new ways of working

Office fit out costs rise as firms adapt to new ways of working

by • Environment, News, Property

A renewed focus on office space comes at a price, with businesses facing rising office fit out and design costsAccording to a new report from JLL, the office sector is again taking ‘centre stage’ in commercial real estate as companies worldwide adapt hybrid work policies to encourage greater in-office attendance. However, this renewed focus on office spaces comes at a cost, with businesses facing rising expenses to design and fit out their work environments. According to JLL’s newly released Global Office Fit-Out Costs Guide 2025, 59 percent of organisations globally plan to increase investment in office space design and fit-outs over the next five years. The report, which analyses data from 68 cities across 40 countries, highlights significant cost variations, key cost drivers, and the growing demand for sustainable office spaces. (more…)

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