New RICS framework aims to “put people at heart of commercial property”

New RICS framework aims to “put people at heart of commercial property”

commercial property and peopleA new framework from the Royal Institution of Chartered Surveyors has been designed to improve building use, support flexible working and put people at the heart of decision making about commercial property. RICS says the International Building Operation Standard will provide organisations an interactive easy-to-use framework, supported by an assessment tool, to measure and benchmark building performance, by collecting consistent data to satisfy the latest needs of occupiers, investors, advisors and end users. More →

The office sector needs to develop better arguments for its products

The office sector needs to develop better arguments for its products

the office sector needs better argumentsThe distillation of every received and laundered idea of the past two years leads us here. A claim from Gallup that in future just over a third of the desks in offices will be empty. Whatever Gallup thinks, this is great news for the office sector. One of the truths the office sector hasn’t always liked to talk about too much over the last few decades is that in a typical office over that period, around half of the desks have already been empty. More →

Net zero climate pledges of major companies hide their true intentions

Net zero climate pledges of major companies hide their true intentions

net zero climate pledge failThe headline climate pledges of 25 of the world’s largest companies in reality only commit to reduce their emissions by 40 percent on average, not 100 percent as suggested by their “net zero” and “carbon neutral” claims, according to a new analysis. These are the findings of the Corporate Climate Responsibility Monitor released today, conducted by NewClimate Institute in collaboration with Carbon Market Watch. It evaluates 25 major companies – operating across different sectors and geographies – to determine the transparency and integrity of their headline climate pledges. More →

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 →