London office market ‘returns to normality’ in latter half of 2021

London office market ‘returns to normality’ in latter half of 2021

london office market broadgateAvison Young’s latest research claims that occupier activity in the London office market last quarter increased to 3.1 million sq ft, 27 percent above the previous quarter, to reach levels last seen in 2019 in what the report claims is ‘a strong sign that London’s occupiers are approaching their workplace strategies and office use with increased confidence’. The firm claims that nine deals above 100,000 sq ft were completed during the last six months, more than in the preceding eighteen months combined. More →

Urban and real estate recovery driven by talent and innovation focused firms

Urban and real estate recovery driven by talent and innovation focused firms

real estate recoveryInnovation-oriented industries and talent concentration are driving urban and real estate recovery, with notable hot spots in parts of the US, Europe and Asia, according to JLL’s new report, Innovation Geographies (registration). The authors claim that cities that perform best on these measures will be best positioned for economic growth post-pandemic, demonstrating a strong link between innovation, talent ecosystems and real estate performance. More →

Third of people crave a return to the office for their mental health

Third of people crave a return to the office for their mental health

mental healthA new study from smart building platform Infogrid claims that nearly a third of working Brits (32 percent) want to return to their offices in January because they feel it would improve their mental health, which has been impacted due to the COVID-19 pandemic. The top reasons UK employees cite for wanting to return to the office include working in a positive social environment (35 percent), having a reason to leave the house (26 percent), not having to worry about being cold at home (25 percent), and the daily commute providing time to transition between home and work life (23 percent). More →

Half of companies still not ready to meet the demand for flexible working

Half of companies still not ready to meet the demand for flexible working

flexible workingCompanies are unprepared for the structural shift to flexible working and must do more to create responsible, personalised and experiential workplaces, a new report from JLL suggests. Intensive experimentation and piloting are needed to achieve flexible working models that will deliver a unique workplace experience for all. The JLL research claims that globally organisations are looking to continue flexibility for where and when people work with 82 percent expecting employees to work remotely into the future at least part of the time – spending on average two days every week away from the office. Yet 48  percent of organisations in Europe Middle East and Africa (EMEA) still have not developed a future of work programme to meet the rising demands and expectations of their staff for greater work flexibility, exceptional and sustainable workplaces and increased wellbeing. More →

Is your office worth the journey it takes to get to it?

Is your office worth the journey it takes to get to it?

Bishopsgate officeA couple of years ago, in the wake of a surge in self-care start-ups and viral diet fads, Forbes declared 2019 as the year of the “wellness revolution”. Three years and a global pandemic later, the revolution appears to have swept our offices. Why? Quite simply, we have woken up to the fact that we could be productive remotely, while also realising the risks of not accommodating employee wellbeing in the office. More →

Flexible workspace users express confidence in future

Flexible workspace users express confidence in future

labs flexible workspaceMembers of flexible workspace provider LABS have expressed confidence over their businesses’ prospects heading into 2022, with 92 percent of respondents to a survey, conducted by LABS, expecting their companies to grow over the next three years. More →

So where are we?

So where are we?

That’s right. A New Year and still nobody knows anything. More →

Startups fuelling growth in demand for flexible offices

Startups fuelling growth in demand for flexible offices

flexible officesAccording to  data from The Instant Group 584,097 companies have been registered in the UK since the start of 2021 – this equates to 1,781 per day. The most companies registered in 2021 so far have been in London, Birmingham, and Manchester. The growth in start-ups has fuelled an increase in demand for flexible offices across the UK’s cities, with large proportional increases outside London. Requirements for coworking and serviced offices has grown significantly in cities such as Bristol (41 percent), Manchester (28 percent), and Reading (27 percent) over the past year. More →

Councils can meet net zero targets with help of building renovation

Councils can meet net zero targets with help of building renovation

Public Sector Estate and net zeroThe UK Green Building Council (UKGBC), together with the World Green Building Council, several European Green Building Councils, Climate Alliance and the Buildings Performance Institute Europe, has published a framework to support cities and local authorities to measure the impacts and wider benefits of building retrofit as a way of meeting their net zero targets. More →

Applications open for 2022 ULI Hines Student Competition – Europe

Applications open for 2022 ULI Hines Student Competition – Europe

The Urban Land Institute (ULI) and real estate firm Hines, have launched the 2022 ULI Hines Student Competition – Europe with a call for entries. This third annual team challenge for universities and business schools across Europe will test students’ skills in applying their knowledge of all aspects of real estate and land-use in a practical and challenging exercise. Applications are now open, and the deadline for submissions is 16 February 2022. More →

Government publishes Net Zero guidance for buildings

Government publishes Net Zero guidance for buildings

net zeroA new guide to decarbonising public sector buildings and creating a net zero public estate has been launched by the Cabinet Office. The authors of The Net Zero Estate Playbook claims it will ensure consistent approaches, such as using solar panels, LED lighting and greener building materials, are applied across public buildings as they help decarbonise Britain’s largest property portfolio. More →

Wondering what to do about that office of yours? Hold the line.

Wondering what to do about that office of yours? Hold the line.

Bruntwood Bloc Manchester office

At the end of April, New York magazine’s cover feature was headed ‘Remember the Office?’ The article reminisced about a world of cubicles and water-coolers, coffee points and staff parties. Its tone was elegiac, implying that it wasn’t just the enforced distance of 13 months of COVID-19 restrictions that lent enchantment to communal workspace, but the possibility that offices had gone for good.?  More →