Environmental concerns and wellbeing continue to dominate BCO Awards

Environmental concerns and wellbeing continue to dominate BCO Awards

by • Environment, News, Property, Wellbeing, Workplace design

As was the case with the winners of other regional BCO awards, the winners of this year’s competition seem to focus on user-centric design, wellbeing and sustainabilityThe BCO Awards for the South of England and South Wales have been announced, with recognition going to six office buildings across the region. Held at The City Hall in Cardiff, the BCO’s annual South of England and South Wales Awards Dinner claims to recognise projects that demonstrate best practice in office design, fit-out, operation and sustainability, setting the standard for excellence across the sector. More →

Most firms don’t see retrofit as part of their net zero strategy

Most firms don’t see retrofit as part of their net zero strategy

by • Environment, Facilities management, News, Property

Without boards changing their attitudes and government action, the UK faces a building retrofit crisis which threatens the nation’s ability to ever reach net zeroDespite organisations and the Government setting environmental targets, when it comes to buildings, there remains a lack of commitment to prepare for net zero. Without boards changing their attitudes and government action, the UK faces a building retrofit crisis which threatens the nation’s ability to ever reach net zero. That is the main finding of a new report which explores the current state of retrofit for commercial property in the UK. More →

Over two-thirds of office landlords have no sustainability strategy

Over two-thirds of office landlords have no sustainability strategy

by • Environment, News, Property

The vast majority of UK office landlords do not have a sustainability strategy in place despite evidence showing that it would increase the attractiveness of their properties to tenantsThe vast majority of UK office landlords do not have a sustainability strategy in place despite evidence showing that it would increase the attractiveness of their properties to tenants, according to a new poll commissioned by infinitSpace in partnership with The Instant Group. The survey defined a strategy as several policies with an overall aim to reduce greenhouse emissions and/or promote environmentally friendly practices. More →

BCO Awards winners for North of England again focus on sustainable office design

BCO Awards winners for North of England again focus on sustainable office design

by • Environment, News, Property, Workplace design

Following last week’s announcement of the annual BCO Awards winners for London, the British Council for Offices has announced the winners of its annual Awards for the North of England. In fact all but one of the winners are located in Greater Manchester and the one that isn’t lies within twenty miles of it. The organisers suggest that the theme of sustainable office design runs through the submissions of the winning entries. More →

Wellbeing and sustainability are defining characteristics of London’s BCO Awards winning offices

Wellbeing and sustainability are defining characteristics of London’s BCO Awards winning offices

by • News, Property, Workplace design

London’s most outstanding workplaces have been recognised with British Council for Offices Awards going to seven office buildings across the capital. Held at the London Hilton on Park Lane, the BCO’s annual London Awards Lunch recognised projects that demonstrate best practice in office design, fit-out, operation and sustainability, setting the standard for excellence across the sector. More →

Global prime office costs rise slightly, but flatline in London and New York

Global prime office costs rise slightly, but flatline in London and New York

by • News, Property

Prime office costs rise an average of 1.1 percent across the world’s top markets but stay level in London and New YorkSavills latest global Prime Office Costs (SPOC) analysis has revealed that pricing for prime top-tier offices around the world has largely held steady during the first quarter of 2023, with net effective costs – the ‘all in’ cost for occupiers – increasing an average of 1.1 percent. More →

Hybrid working can reduce carbon emissions massively, claims report

Hybrid working can reduce carbon emissions massively, claims report

by • Environment, Flexible working, News, Property

Hybrid working can facilitate major carbon savings and has the potential for significant impact on the climate crisis, according to a new study by IWG and Arup.Hybrid working can facilitate major carbon savings and has the potential for significant impact on the climate crisis, according to a new study by IWG and Arup. The study measured the environmental impact of hybrid working on six cities across the US and UK with a deep dive on two major carbon contributors – London and LA. Others examined were New York City, Atlanta, Manchester and Glasgow. All six cities showed the potential for huge carbon savings through the widespread adoption of hybrid working, which has rapidly expanded amongst white collar workers, who are now using the available technology to work where is most convenient and they are most productive. More →

Government turns to business rates reform to improve building quality, but will it work?

Government turns to business rates reform to improve building quality, but will it work?

by • Facilities management, News, Property

The UK Government claims that a new bill will support businesses by modernising the business rates system to incentivise property improvementsThe UK Government claims that a new bill will support businesses by modernising the business rates system to incentivise property improvements and support more frequent revaluations. The measures being put forward review and reform business rates in England, making them fairer and more responsive to changes in the market. The Non-Domestic Rating Bill will introduce more frequent valuations, to take place every three years instead of the current five, meaning those with falling values will see their bills drop sooner, accorrding to the Treasury. More →

EU building data project to drive full decarbonisation in three European countries

EU building data project to drive full decarbonisation in three European countries

by • Environment, Facilities management, News, Property

Czechia, Ireland and Spain will be the first countries to participate in a new initiative which aims to boost the availability of quality building climate data, a critical step towards full decarbonisation of the heavily emitting construction sectorCzechia, Ireland and Spain will be the first countries to participate in a new initiative which aims to boost the availability of quality building climate data, a critical step towards full decarbonisation of the heavily emitting construction sector, responsible for almost 40 percent of global carbon emissions. The INDICATE initiative will bring together governments, industry and academia to tackle one of the most common barriers to enacting policies which will ensure climate neutral construction: a lack of reliable and comprehensive emissions data for buildings. More →

Are we asking the right questions about the workplace?

Are we asking the right questions about the workplace?

by • Comment, Everything Omni, Facilities management, Property

In 1989, Stephen Fry and Hugh Laurie, performed a TV sketch called Information. You can watch it below. It featured Stephen Fry sitting at a desk with a placard displaying the word “INFORMATION”. He asks, “Can I help you?” to which Hugh Laurie replies, “Oh, I would like some information, please”. Though, in the discussion, Hugh Laurie expects to get information without asking any questions, Stephen Fry explains that he has lots of information, such as “the average weight of a rabbit”. In response comes the statement, “Well, I didn’t know that, that there was an average weight of a rabbit!” More →

Rising business rates could impact affordable workspace in London

Rising business rates could impact affordable workspace in London

by • News, Property

Colliers calls on Government to provide greater support to tech and creative industries who will struggle as business rates rise in Revaluation 2023The 2023 business rates revaluation will come into effect on the 1st of April 2023, the first of its kind for six years and according to business rates experts at Colliers could have a material impact on the provision of affordable workspace in the capital, historically located in the “fringe” locations. Colliers claims that this is because rents and hence rateable values in fringe locations such as Hackney, Southwark and Hammersmith & Fulham have increased at a greater pace than in historic ‘core’ office locations such as the City, Islington and the West End, and those fringe locations have now become equally or in some cases more expensive locations than those in the Central London core. More →

MIPIM 2023 confirms that green sells. But is commercial real estate buying?

MIPIM 2023 confirms that green sells. But is commercial real estate buying?

by • Comment, Environment, Property

MIPIM may have returned last year, but 2023 was the year it felt backMIPIM may have returned last year, but 2023 was the year it felt back. That was despite widespread concerns over the rising costs of refinancing and a banking crisis that started with the collapse of Silicon Valley Bank in the US and quickly moved to Europe, with Swiss financial regulators beginning to put together during MIPIM week the deal that would see UBS buy Credit Suisse in an emergency rescue. More →

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