Changes to Construction and Design Regs delayed

Proposed changes to the Construction and Design Management Regulations (CDM) 2007 have been delayed. The draft changes will now only be presented to the Health and Safety Executive (HSE) Board for consideration in March 2013 at the very earliest. The CDM regulations, apply to all construction work in the UK, comprising construction, alteration, fitting-out, commissioning, renovation, repair, upkeep, redecoration or other maintenance, decommissioning, demolition or dismantling, underwent a review last year, with industry practice found to have a significant influence on how the regulations are implemented. More →

Greater clarity required for UK infrastructure plan

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The National Audit Office has called on the UK government to provide greater clarity to taxpayers and consumers on how it will meet its national infrastructure plan. The government expects £310 billion to be spent by 2015 and beyond on new infrastructure projects in sectors such as energy, rail, roads, water, waste, flood defences and digital communications. The government is looking to private companies to own and finance around 64 per cent of the £310 billion, with the burden of funding likely to shift towards the public as consumers rather than taxpayers.

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City of London grants planning permission for ‘The Scalpel’

No new building ever really deserves to be called ‘landmark’ unless it has acquired a nickname while still on the drawing board. That is why we can be assured that we will be hearing a lot more about the Kohn Pedersen Fox designed 38 storey HQ for US insurer WS Berkeley which has just been granted planning consent and already rejoices in the moniker ‘The Scalpel’. The new facility will provide over 500,000 sq ft of commercial space over 35 floors in Lime Street, East London. More →

Gulf developments are talking the big numbers

Following the announcement at the end of last year from the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, that the emirate was to build what it called a new city within its borders, the Government of neighbouring Abu Dhabi has announced that it plans to spend around £56bn on capital projects over the next five years as it seeks to restructure its economy to reduce its reliance on the oil and gas industry. Abu Dhabi is the largest emirate state and its investment marks a significant shift in the economic focus of the region.  More →

JLL’s CEO new Chairman of the UK Green Building Council

Jones Lang LaSalle’s Andrew Gould has succeeded Dan Labbad, Group CEO of Lend Lease, as Chairman of the UK Green Building Council. He takes up the position at a time when business leaders are increasingly focused on the need to show leadership on climate change and recognise the opportunities for green growth in the UK. The UK Green Building Council is an industry-led campaign group, part of a global network of Councils that are active in over 90 countries worldwide. More →

CPA: UK construction activity will fall in 2013

The UK’s Construction Products Association (CPA) has today reported that it expects overall construction activity in the UK to fall by around 2 per cent this year, with most of the decline attributed to a greater than 5 per cent drop in commercial projects. Particularly concerning is the fact that the Government’s austerity measures with regard to public sector investment have not been offset by an increase in private sector activity. However these figures still represent an improvement on the 9 per cent fall of 2011.  More →

Goldman Sachs submits plans for troubled European HQ

Following recent reports that a growing number of firms were locating in the burgeoning creative centres of East London,investment bank Goldman Sachs has finally submitted plans for the 1.2m sq ft nine storey headquarters building KPF in Farringdon Street. The KPF-designed development will replace two existing buildings – the 13 storey Fleet Building and adjacent Plumtree Court which Goldman Sachs acquired in 2011.

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UK construction set for growth, say surveyors

Following the recent news that the UK’s construction sector had suffered a significant fall in the final quarter of 2012, better news emerges from the Royal Institute of Chartered Surveyors with a report indicating that the UK construction market is expected to turn a corner this year as the government’s focus on infrastructure starts to generate returns. Chartered surveyors are predicting that output is set to increase in 2013 according to the latest RICS construction market survey. More →

All right? Manchester property outperforms other UK regions

The idea that the UK is essentially a closely bound federation of city states, each with their own culture and economy is given added credence by new research from CBRE into regional variations in the commercial property market. London does things  its own way, of course, but the top regional city is Manchester – the only one of eight centres that showed any evidence of rental growth during 2012, even though it was a modest increase from £29.50 per sq ft to £30 per sq ft. The full report can be viewed hereMore →

Show stomping change as Maze prison site plans approved

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The notorious Maze Long Kesh prison site in Northern Ireland where the ‘H’ block hunger strikes took place is to be redeveloped into an international standard showground designed by London-based firm Studio Egret West.
The Royal Ulster Agricultural Society (RUAS) was granted planning permission to relocate the Balmoral Show, (Ireland’s largest Agricultural and Food Show) to the site of the former Maze prison, after the Balmoral show outgrew the Kings Hall site where it has been held for 100 years. More →

What does 2013 hold for the facilities sector in the UK?

FMJ MJE_0000Insight publisher Mark Eltringham offers some thoughts about what the coming year holds in the latest issue of Facilities Management Journal including the ongoing existential crisis of facilities management, why the commercial property sector needs to catch up with occupiers and designers as well as a plea for everybody to set ambitious goals and make realistic claims about their environmental impact.

Appetite for long leases presents challenges

The news from the weekend that Axa Real Estate is looking to raise around £1bn  to invest in buildings with very long leases has resparked the debate into what sort of lease represents the best value for investors and tenants in these uncertain times. The new fund will target commercial properties with minimum twenty year leases even though investors have to pay a premium for such properties and the majority of occupiers don’t want them. More →