UK government to ban tax cheats from winning public sector work

by • Knowledge, Legal news, News, Property, Public Sector

white-hall-placeThe UK Treasury yesterday announced new rules that would mean that it can ban firms who avoid tax illegally from winning public sector contracts. The new system will come into force as early as April 1 of this year, leaving little time for consultation and are outlined in draft guidance published for consultation by the Government. It will require potential suppliers to notify contracting departments of their recent tax compliance history and to tell the department if any tax return has recently been found to be incorrect and if they have been convicted for tax related offences or subject to a penalty for civil fraud or evasion. Departments will be able to disqualify any bidder meeting these criteria from the procurement process.

Long awaited plans submitted for Smithfield development

by • Architecture, Flooring, Furniture, News, Property, Workplace design

SmithfieldThe controversial and long-awaited plans for the redevelopment of the derelict sections of Smithfield in London have been submitted by Henederson Global Investors.  While the existing meat market will remain untouched, the £160m plan for the rest of the site includes the refurbishment of the former General Market, Fish Market and Red House Buildings, as well as the original engine house.  Originally built between 1886 and 1883 by the architect of Tower Bridge Horace Jones, the historic site has been the subject of previous proposals including a controversial scheme by architects KPF which was thrown out after a 4 year battle in 2008. More →

Net-Zero buildings top measure of sustainability success

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

the Crystal

Net-zero commercial buildings, i.e. those that produce at least as much energy as they consume should be the long-term aim of corporate energy strategies, says a CoreNet Global statement. “Smart and responsible energy policies and practices reduce corporate carbon footprints and greenhouse gas emissions, (and) we encourage our members’ companies to drive energy efficiency to optimal levels with net-zero buildings as a top measure of long-term success.” The global real estate association calls on governments around the world to incentivise building owners, investors and occupiers who proactively reduce their carbon footprints. More →

Video: demolishing a building from the inside

by • Architecture, News, Property

 

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Amazing time lapse footage of the internal destruction of the 140m tall Grand Prince Hotel in Akasaka, Japan. While not as exciting and crowd pleasing as the traditional method of blowing the building up, the company responsible, Taisei Corporation, claims the new method decreases dust by up to 90 percent and reduces noise by around 20 decibels and can be used on a wide range of building types and structures.

Tech and media companies continue to reshape the world’s cities

by • Architecture, News, Property, Technology, Workplace design

google-doodleTech and media companies continue to shape the world’s cities and local property markets according to a recent report from BNP Paribas. While this is a global phenomenon, some of the most dramatic developments will take place in London, not least a shift of tech firms in the city away from their heartland towards Kings Cross following Google’s $1bn purchase of 2.4 acres of land within a major new development in the area. The new development may become a hothouse for technology companies in spite of the UK Government’s focus on promoting Tech City and surrounding areas in East London.  More →

EU commission launches low-carbon contest

by • Architecture, Environment, News, Property, Technology, Workplace design

City hall

The EU Commissioner for Climate Action has today launched a low-carbon contest, calling on creative and innovative ideas from across the EU. The World You Like Challenge is part of the European Commission’s climate action campaign: A world you like, launched at London City Hall [pictured] in October 2012. Commissioner Connie Hedegaard said: “The Challenge is a great opportunity to move beyond mere talking about climate change. By submitting your project, you help us show that building a world we like with a climate we like is both feasible and affordable.” More →

British investors still see Dubai as an attractive proposition

by • News, Property

DubaiBritish investors continue to see the property market in Dubai as a good bet, according to new statistics from the Emirate’s Land Department. Of the $16 billion invested in Dubai properties last year, over $12 billion came from overseas investors. Indians led the field with total investments of $2.5 billion followed by Britons ($1.36 billion) Pakistanis ($1.09 billion) and Russians only $545 million – roughly the amount Roman Abramovich hides in his sock drawer for emergencies.  The department’s director-general, Sultan Butti Bin Mejrin, said this showed how Dubai had recovered from global financial crisis with the help of support from local government.

Consolidation of state properties boosts London economy by £3.5bn

by • Property, Public Sector

Whitehall,_LondonAccording to a new report from property consultancy Knight Frank into the impact of the Government’s policy of consolidating and improving the management of the public sector estate in London, the economy has been boosted by as much as £3.5 billion. The study has reviewed the results of the work carried out by the Cabinet Office’s Efficiency and Reform Group at 16 properties in central London including the Department for Business, Innovation and Skills, the Department for International Development, the Land Registry and the Crown Prosecution Service. Many of these sites were seen as dated and have now been redeveloped for use by other organisations. More →

Renewed drive for equality in UK architecture

by • Architecture, News, Property, Workplace

RIBA

RIBA (The Royal Institute of British Architects) has restated its commitment to tackling inequality in architecture and the broader construction industry with the creation of a new diversity role. Jane Duncan, RIBA Vice President Practice and Profession has been appointed  RIBA Equality and Diversity Champion to lead a programme of renewed activity to investigate the current causes of inequality in the architecture profession and explore best practice with other occupations. Her appointment is aimed at giving senior support to the work already delivered through Architects for Change, the RIBA’s Equality and Diversity Forum. More →

British Land named Carbon Champion at CIBSE awards

by • Environment, Facilities management, Lighting, News, Property, Technology

British Land

British Land has been named Carbon Champion of Year in the Chartered Institution of Building Services Engineers (CIBSE) Building Performance Awards 2013. The awards recognise building performance excellence in 12 categories, with other winners including Max Fordham, Norland, Atkins and London 2012 Olympic and Paralympic Games. The CIBSE awards recognise and celebrate the best performance, innovation and practice in design, commissioning, construction, installation and operation of sustainable buildings and the manufacturers whose technologies enable energy efficiency. More →

Final approval given to scheme for London’s ‘Scalpel’ tower

by • Architecture, News, Property

ScalpelThe Greater London Authority (GLA) has published its Stage 2 Report into the building nicknamed ‘The Scalpel’ – but more properly described as the 38-storey headquarters for US insurance business W. R. Berkley Corporation. The Report approves the scheme for the building in Lime Street which was granted planning consent 3 weeks ago and will incorporate over 500,000 sq ft of commercial space. The Tower, designed by Kohn Pedersen Fox will create 7,700 sq ft of new public space at street level, over 1,000 sq ft of retail space and a new 10,000 sq ft restaurant below-ground. The development is funded by W. R. Berkley, who will occupy around a quarter of the intended office space.

New property market research highlights UK’s regional differences

by • Knowledge, News, Property

A new report from Knight Frank has highlighted the marked regional differences in the UK’s commercial property market. On a positive note, there is a clear indication that while market conditions remain undoubtedly tough, the level of activity for 2012 indicates a level of resilience.  Overall take-up for 2012 totalled 4,930,430 sq ft, around 4 per cent down on 2011 and 11 per cent down over the last decade. However, a number of markets enjoyed stronger conditions including Edinburgh (+47%), Glasgow (+15%), Aberdeen (+14%), Manchester (+10%) and Leeds (+3%). More →

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