October 22, 2018

Nearly a quarter of London office take up is in financial sector, says CBRE

by Sara Bean • Facilities management, News, Property

Despite political and economic uncertainly and the aftermath of the global monetary crisis in 2008, London remains a leading global financial centre, with nearly a quarter (24 percent) of the capital’s office take-up attributed to banking and finance occupiers over the last ten years. London is by far the most active banking centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. More →

October 16, 2018

How landlords can maintain their mojo and retain tenants

by Gemma Church • Facilities management, Features, Property

Flexibility is rocking the foundations of the traditional commercial real estate world. It’s entering our workforces, our offices and the shock waves are extending to the relationship between landlord and tenant. This demand for increased flexibility from the world’s workforces is due to a convergence of social and economic factors. JLL’s Top 10 Global Corporate Real Estate (CRE) Trends report predicts the emergence of a more dynamic workforce, demand for work environments that support creativity, cross-collaboration and innovation, and an increasing focus on employee wellbeing and performance will dominate global CRE strategies throughout 2018. This has major implications for both occupiers and landlords.

October 15, 2018

BSRIA publishes list of new and upcoming legislation and guidance for buildings

by Mark Eltringham • Architecture, Facilities management, News, Property

The Building Services Research and Information Association (BSRIA) has published a list of the most up to date legislation and guidance that affects the design, construction and management of buildings. While a couple are relevant primarily for domestic buildings, the emphasis is very much on commercial property and will be of interest to a range of professionals. BSRIA members also have access to a legislation service on building and building services legislation and relevant guidance. More →

October 10, 2018

CIB sets out a roadmap for the creation of intelligent and responsive buildings

by Mark Eltringham • Architecture, Facilities management, News, Property, Wellbeing, Workplace design

The International Council for Research and Innovation in Building and Construction (CIB) has published a free roadmap written by members of the W098 Commission and CIBSE Intelligent Buildings Group, which presents collective ideas for the creation of intelligent and responsive buildings for current needs and the future. Intelligent buildings present a number of challenges, according to the authors. They must be responsive to people’s needs including their health and wellbeing; be sustainable in the use of resources as well as incorporating the most useful parts of the evolving technologies.

October 8, 2018

Refurbished industrial buildings provide perfect modern workplaces

by Mark Eltringham • Architecture, News, Property, Workplace design

Refurbished industrial sheds provide the perfect space for the creation of modern workplaces, according to a study by Hawkins\Brown and JLL. In what the authors claim is the first comparative study of its kind, Industrial Rehab: A new space of opportunity takes a look at the global trend for companies in the knowledge economy to seek out large-span buildings because they support creative working, are able to accommodate rapid growth and deliver high quality, good value accommodation.

October 3, 2018

British Council for Offices announces names of best workplaces in UK

by Neil Franklin • Architecture, News, Property, Workplace design

Bloomberg’s London HQ (left) came out on top at the British Council for Offices (BCO) National Awards in the UK’s capital last night, taking home both the ‘Best of the Best’ and the ‘Corporate Workplace’ awards. The office was joined by five other award winners recognised for excellence in office space. The BCO’s respected National Awards programme sets out to recognise top quality office design and functionality, with the objective of setting the standard for excellence across the office sector in the UK. The awards dinner attracted over 1,200 players from the office sector to celebrate the best-in-class talent. Winners from the 2018 Regional Awards programme attended the event at London’s Grosvenor House, hoping to take home the National Award for their category.

October 2, 2018

London office demand bolstered by tech media, financial and serviced sectors

by Sara Bean • Cities, Coworking, Facilities management, News, Property

Serviced offices dominated office take-up in London’s West End in August, mainly due to three big transactions resulting in a 44 percent market share, but the Tech and media sector continues to be the main driver for space. According to figures from Savills just shy of a third (31 percent) of take-up for office space this year has been to Tech and media sector occupiers. Similarly, West End and Central London requirements almost mirror demand from this sector, with the Tech and media sector accounting for 35 percent of the 4.3m sq ft of active requirements.

September 29, 2018

It’s better for you to be busy + A new era for commercial property? + Changing behaviour by design

by Mark Eltringham • Facilities management, Features, Property, Technology, Workplace design

In this week’s Newsletter; The commercial property sector heads off in a new direction; why busier people tend to look after themselves more; executives love Big Data but have no idea what to do with it; procrastination isn’t all bad – read why right now, don’t put it off; changing benhaviour by design isn’t as easy as some might think; a Shakespearean take on tech addiction; and how local innovation fuels global design trends. You can also download our most recent briefings on key topics, produced in partnership with Boss Design and BW Workplace Experts; dowlnload the new issue of Work&Place; visit our events page curated by Herman Miller, follow us on Twitter and join our LinkedIn Group to discuss these and other stories. And don’t forget to subscribe – the form is there on the left.

September 27, 2018

A changing world with inbuilt human obsolescence defines first day of CoreNet Global

by Tony Nokling • Facilities management, News, Property, Technology, Workplace design

The forces that are changing the world, from AI and the current digital and technological transformation, to the short and long-term implications of Brexit, provided many of the key lessons during the first day of the CoreNet Global Summit in Madrid.

September 26, 2018

British Property Federation announces plans to modernise commercial property sector

by Mark Eltringham • News, Property, Technology

The British Property Federation (BPF) has launched a Technology and Innovation programme for the UK commercial property sector – to support the sector in its digital transformation – following the Government’s challenge to all sectors of the economy to improve productivity and deliver growth. The programme is launched with the publication of a new report produced by Future Cities Catapult, commissioned by the BPF, to understand the barriers to and opportunities for improving the productivity of the real estate sector through the application of technology.

September 19, 2018

RICS announces standards to tackle unfair commercial property service charges

by Sara Bean • Facilities management, Legal news, News, Property

New mandatory requirements that will ensure service charges to commercial tenants are transparent, upfront and fair, and that any costs incurred are in accordance with the terms of the occupational leases, have been announced by RICS. The Institute, which has long called for a fairer and more professional approach to property management to help outlaw “rogue” landlords and managing agents says ‘Service charges in commercial property’ will help regulate the activities of landlords and their agents, whilst protecting tenants from having to pay for unscrupulous repair or maintenance costs. It has worked with major property bodies representing owners, occupiers and managing agents – including BPF, BRC, BCO, PMA, CoreNet, REVO, PMA alongside ICAEW and Law Society, the professional bodies for accountants and lawyers – to produce the recommendations that reflect the needs and opinions of landlords and tenants and the specific considerations of different sectors.

September 18, 2018

LinkedIn confirms deal for new London headquarters

by Mark Eltringham • News, Property

Tech giantLinkedIn has sealed a deal for its new London headquarters, pre-letting the entirety of a building in North East London that was once home to The Guardian newspaper. LinkedIn has taken 83,000 square feet at The Ray Farringdon, at 119 Farringdon Road, according to a statement from Viridis Real Estate Services, which is redeveloping the property.