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 →

BBC unveils plans for development of Television Centre site

by • Architecture, News, Property

BBC_Television_CentreFollowing last year’s sale of its iconic Grade II listed West London Television Centre to developer Stanhope, the BBC has announced details of the future direction of the 14 acre site. The announcement comes as the BBC continues its programme of relocating staff and functions to Media City in Salford and the new Broadcasting House in Central London. Work will start in 2015 on a mixed use development which will include residual office and studio space for the BBC, offices, hotels, leisure facilities, some 1,000 new homes, parks and a hotel. However the listed buildings on the site, originally opened in 1960, will be retained. More →

Commercial sector bucks downward UK construction trend

by • News, Property, Public Sector

Construction figsConstruction business activity fell by the third month running in January, with new orders at slowest pace since October 2012 according to the latest Markit/CIPS UK Construction Purchasing Managers’ Index (PMI). There were some reports that snowfall had contributed to reduced output volumes, but the majority of respondents cited weak underlying client demand and a lack of new projects.  However commercial activity was the only sub-sector to buck the wider downward trend in output during January with the latest data indicating unchanged volumes of commercial activity, ending five months of contraction. More →

Gulf construction and fit-out continues to boom, claims report

by • Architecture, Furniture, Knowledge, News, Property

Abu DhabiThe total value of building projects in Gulf Cooperation Council states will exceed $80 billion this year according to a new report from dmg::events* in conjunction with consultancy Ventures Middle East. The survey concludes that this year will see a near one fifth increase in the overall value of projects up from nearly $69 billion in 2012 to $81.6 billion in 2013. Meanwhile the interlinked market for interior contracting and fit-out in 2012 was valued by the report at $7.86bn – a 56 per centincrease on 2011. The UAE continues as the the region with the largest interiors spend ($2.83bn), followed by Saudi Arabia ($2.6bn) and Qatar ($1.49bn). More →

We shape the World’s cities, then they shape us

by • Architecture, Environment, Knowledge, Property

ChonggingThe story of the world’s cities is often told not in words but in numbers. This is especially the case with the megacities – those with a  population in excess of 10 million – which obtain enough critical mass not only to produce eye boggling statistics but also to distort the fabric of whole regions and change the way people live and behave. This is true for the established megacities of London, New York and Tokyo as well as the emerging global metropolises in Sao Paolo, Beijing, Mumbai, Shanghai, Cairo and Istanbul.

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