December 13, 2018
The European property sector is predicted to grow next year, according to CBRE’s 2019 EMEA Market Outlook report. Although recent indicators suggest some slowing of momentum economic growth in Europe will remain above-trend rate in 2019 and 2020, with Spain, Ireland and the central European countries expected to see the fastest economic growth. France’s growth […]
December 5, 2018
The culture of late payment by large firms has led to the failure of many small businesses in the UK and prevented even more from thriving and improving their productivity, according to a parliamentary select committee report published today. The Business, Energy and Industrial Strategy (BEIS) committee has called on the government to enforce tougher measures […]
December 4, 2018
An alliance of experts specialising in digital, manufacturing, building performance standards and construction technology has been awarded leadership of a new national Hub to drive innovation and technological advances in the UK construction and infrastructure sectors. Following a nationwide competition, Innovate UK has awarded £72 million to the Transforming Construction Alliance to deliver a national […]
November 29, 2018
A new task group spearheaded by the UK Green Building Council (UKGBC) being launched which will develop an industry-led definition for net zero carbon buildings. The task group brings together over thirty experts from across the building value chain and is being supported by 12 leading industry bodies. Following the recent IPCC report and the […]
November 27, 2018
Take-up of office space in Central London has shown a year-on-year increase of 30 percent, reaching 1.3m sq ft in October, according to CBRE. Take-up was strong from creative firms, representing 18 percent of all deals, including the largest deal of the month which saw McCann Erickson take 146,400 sq ft at 135 Bishopsgate EC2. […]
November 22, 2018
One in five UK workers has around two unproductive hours every week caused by poor or inadequate office and work environments, claims new research published today. Disruptive colleagues, no natural light, a lack of coffee and tea facilities and noisy offices are just a few factors cited in the report from Mace and its facilities […]
November 22, 2018
The level of demand for UK commercial property remains strong, despite continued lack of clarity over Brexit. According to the latest GVA review of commercial property investment market, European investors were more risk averse to the UK market because of the uncertainty caused by Brexit but demand from overseas investors, particular from China and the […]
November 20, 2018
Investment in City of London offices is up by 7.6 percent for the same period last year reaching £9.47 billion as of the end of October 2018 – while the West End market is on track to reach at least £7.4 billion before the year is out. This is up on the £7 billion turnover […]
November 16, 2018
A new white paper from Magenta Associates (registration required) explores the fate of the traditional commercial office lease in the context of deep social, political and economic changes. Earlier this year, a group of senior corporate real estate (CRE) and facilities management professionals were invited to participate in a roundtable, led by author of The […]
November 14, 2018
Despite the proliferation of coworking and serviced office operators the majority of global corporates still occupy office space on a traditional lease model, with two thirds of companies in a survey by Knight Frank reporting that co-working, serviced and flexible office space comprise 5 percent or less of their current office space. Knight Frank’s Your Space report, […]
November 13, 2018
Over the next five years, corporate real estate professionals are set to dramatically increase their use of coworking spaces to house employees, according to a survey conducted at the CoreNet Global Summit in Boston. According to the results, the percentage of employees at respondents’ companies utilising coworking spaces such as that offered by WeWork (pictured) […]
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November 23, 2018
Communities are the key factor to rapid growth of coworking
by Petr Boruta • Comment, Coworking, Property, Workplace design
London, New York, Los Angeles. These are top three cities in number of coworking centres globally. But as coworking map is evolving rapidly, you might as well read about Warsaw and Prague as new hotbeds for shared offices soon. And the surprising reason behind that is not flexibility, but the power of communities.