April 20, 2021
Just as the pandemic has forced many to re-think their relationship to the office, developers and building owners have been forced to reassess the service they offer to meet the altered needs of occupiers, according to research by 
April 9, 2021
JLL announces plans for new UK headquarters at 1 Broadgate
British Land has announced that JLL has chosen 1 Broadgate for its new UK flagship office. JLL, the global real estate services firm, has signed an agreement for lease for 134,000 sq ft on a 15 year term, representing a pre-let of nearly a third of the office space. More →
April 6, 2021
UK civil service signs up to hybrid working deal
The UK civil service is set to pioneer a widespread hybrid working strategy with the announcement of a new deal with serviced office provider IWG. The details of the deal, reported first in The Telegraph newspaper (paywall), will include the creation of a nationwide network of ten coworking spaces for the use of civil servants when they are not in London. The report suggests that up to 430,000 employees could now have a better chance of adopting a hybrid working culture. More →
April 6, 2021
Government makes it easier to convert unused offices into homes
New rules allowing commercial premises to be converted into homes come into force as part of a package of measures the UK government claims will help to revitalise England’s high streets and town centres. It believes the new rules will help “support the creation of much-needed homes while also giving high streets a new lease of life – removing eyesores, transforming unused buildings and making the most of brownfield land.” More →
April 1, 2021
‘Healthy buildings’ enjoy a surge in demand worldwide
A new survey of many of the world’s leading real estate investors finds that 92 percent of respondents expect demand for healthy buildings to grow in the next three years. The report claims that this is a compelling signal of the direction the real estate sector is heading. This finding, among others, is captured in a report titled A New Investor Consensus: The Rising Demand for Healthy Buildings (registration) which claims to be a comprehensive health and wellness study of global real estate investment managers and stakeholders representing aggregate AUM of $5.75 trillion and portfolio investments in real estate totalling approximately US$1.03 trillion. More →
March 31, 2021
From the archive: A new approach to office design is redefining property 0
At the end of the 18th Century it was becoming apparent that overpopulation was something the human race would need to address for perhaps the first time. Advances in technology and the urbanisation that followed the Industrial Revolution had created a new set of challenges. These were most famously laid out in a 1798 book called An Essay on the Principle of Population, written by an English cleric called Thomas Malthus.
March 24, 2021
Major firms lose appetite for office downsizing as they plan what happens next
A new report from KPMG suggests that half of major corporations do not expect to see a return to any sort of ‘normality’ until 2022 when half of the general population has been vaccinated. The report also claims that there has been a steep decline in the appetite of the global executives who took part in the survey for office downsizing as the firms reconsider the need for in-person business to resume when countries emerge from the pandemic. More →
March 23, 2021
Hybrid working must be at heart of plans for regeneration and growth, claims new report
A new report from think tank Demos and Legal & General calls on the UK Government to back policy change that supports growth of hybrid working and local offices to drive forward its plans for regeneration and economic growth. The report, Post Pandemic Places, claims that huge increases in home working, coupled with a desire for continued flexibility, could support significant increases in local spending. On the back of the findings, the report calls on the government to incentivise the establishment of more local offices and hybrid working initiatives. More →
March 9, 2021
The office will bounce back, but not as we remember it
Looking back, who could possibly have predicted 2020? It’s been such a difficult pandemic year for so many individuals and companies. Yet it’s also been a transformative time, which has seen dramatic shifts in the way we work. So, with some trepidation, here’s my forecast for the near future. This year will see the office bounce back, but not as we remember it. The office of the future will have an important new role as the physical embodiment of a changing corporate culture. More →
March 8, 2021
International investors are dominating the London office market
The latest London Office Market 2021 report by property consultants Bidwells, claims that investor interest in London based offices are starting to peak, with the market having a strong rebound from 2020. More →
February 23, 2021
CBRE acquires 35 percent stake in flexible office provider Industrious
CBRE Group has announced the acquisition of a 35 percent interest in Industrious, a provider of flexible office space, which will also see CBRE’s existing flexible workplace firm Hana absorbed into Industrious. CBRE is now Industrious’ largest shareholder. In addition, CBRE is expected to acquire an additional 5 percent of Industrious in the coming weeks, which would result in a 40 percent total stake. The investment significantly increases CBRE’s participation in the flexible workplace sector and positions the company to meet rising demand from occupiers for agile space solutions — a trend that is being accelerated by the Covid-19 pandemic. More →
April 1, 2021
Finding a new sense of purpose in the way we all do business
by David Lineen • Comment, Environment, Property, Wellbeing