Office costs continue to rise across the UK

Office costs continue to rise across the UK

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Lambert Smith Hampton (LSH) has released its latest Total Office Cost Survey (TOCS) which provides detailed information on office costs for over 50 UK locations. Across 54 surveyed locations, the survey shows the prime core of London’s West End remains by far the most expensive UK office location, with the annual cost for a new […]

Workplace experience to be main theme of CoreNet Global

Workplace experience to be main theme of CoreNet Global

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Optimising the human workplace experience to achieve greater productivity and creativity will be explored in depth at the CoreNet Global Summit in Amsterdam this September. Over a dozen diverse sessions will examine multidisciplinary approaches to achieving gains in health, productivity and creativity alongside both academic and commercial research showing measurable benefits.

Coworking continues to reshape property markets worldwide

Coworking continues to reshape property markets worldwide

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Against a global backdrop of diminishing business confidence and a weaker outlook for economic growth, a robust labour market in the world’s largest economies continues to underpin demand for office space with high employment levels prevalent across a number of major markets. Demand continues to be driven by the knowledge economy, with the coworking boom […]

A grey tsunami, three goldfish, the red pill of coworking and some other colourful stuff

A grey tsunami, three goldfish, the red pill of coworking and some other colourful stuff

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A right leaning think tank’s suggestion that the UK should set a new retirement age of 75 and introduce a range of measures to extend people’s working lives to boost the economy and improve people’s wellbeing sparked an inevitable paroxysm of rage. Immediately followed by an equally inevitable and furious level of what passes for […]

London commercial property market continues to thrive

London commercial property market continues to thrive

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July saw some of the largest deals complete in central London this year, says Savills, with a total of £1.394bn transacted in the West End and the City of London across 13 deals, representing a 185 percent increase on the £489m transacted in June. The real estate adviser highlights the low exchange rate coupled with […]

The truth about all those workplace trends lists

The truth about all those workplace trends lists

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You would not believe the number of firms that ask us to publish a list of workplace trends each week. Or maybe you would, given the number that have appeared elsewhere. Each firm perhaps convinced they are saying something original, unique or interesting, or maybe simply convinced they stand out in some way, while pushing […]

London occupiers mixing conventional and flexible offices

London occupiers mixing conventional and flexible offices

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Although London retains its status as the European capital of flexible offices and coworking, a new report from Colliers International claims that the capital is also enjoying above average demand for conventional office space, coupled with reduced footprints overall, as corporate occupiers seek to expand their businesses but without taking on property at the same […]

Incoming BCO President commits to focus on wellbeing

Incoming BCO President commits to focus on wellbeing

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Paul Patenall, Projects Director at U+I, has been elected as President of the British Council for Offices (BCO) and will focus on the positive impact the industry can have on wellbeing. Patenall set out his vision as Chair of this year’s BCO Conference, held in Copenhagen. The event explored the Danish concept of Arbejdsglæde, which […]

One in ten firms sued for business rates arrears

One in ten firms sued for business rates arrears

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Around one in ten businesses in England were sued by their local authorities over the past year for failing to pay rising business rates, new data suggests. According to real estate consultancy Altus Group, around 750 businesses were sued each working day. The real estate group said the figures highlight the cost pressures on UK […]

London is top flexible offices market in Europe

London is top flexible offices market in Europe

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Research conducted by CBRE claims that London’s stock of flexible offices amounted to over 1.1 million square metres, representing over 5 percent of the city’s total office stock. This places London firmly top of the table of flexible office markets, when compared to major cities across Europe.

Construction industry prepares for a downturn

Construction industry prepares for a downturn

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Construction industry bosses are reorganising their workforce in preparation for a potential downturn, with higher levels of sub-contracting and lower levels of direct employment, claims new research by the Federation of Master Builders (FMB). There was a decrease in employment levels among small construction firms with 21 percent of employers reporting a reduced workforce. Workloads […]

Flexible offices continue to dominate UK property market

Flexible offices continue to dominate UK property market

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Take-up across the UK’s ‘Big Nine’ regional office markets rose to 2.3 million square feet during second quarter of 2019 according to the latest market update from property advisors Avison Young. This is up ten percent up on a 10-year average, with activity was skewed towards flexible offices, larger deals, city centres and the technology […]

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