June 14, 2018
Nearly half of employees still assigned to same place as the traditional office clings on
The worry over a loss in productivity when people are able to work anywhere is entirely unfounded, and what we once called “alternative”, we have come to call current and future workplace strategies, a new report claims. Yet the new study, ‘The Once Alternative Workplace Strategies’, which was conducted and released by Advanced Workplace Associates (AWA), Global Workplace Analytics and Haworth Inc, found that nearly half of employees are still permanently assigned to one space; with no change since 2008. The research pinpoints five leading trends within today’s workplaces and compares the findings to the initial research from more than a decade ago. More →
The provision of flexible office space is increasing as landlords look to capitalise on its increasing demand by occupiers. Alongside this a significant proportion would be happy to work in partnership with a flexible office space provider. According to a new study; UK Landlords & Investors Embrace the Flexible Revolution from CBRE, the majority of UK landlords (92 percent) believe that flexible office space is on the brink of becoming mainstream and are not only keen to monitor but respond to the growth of flexible office space. Over three quarters (77 percent) of survey participants stated that they are currently considering some form of flexible provision, with 79 percent declaring an intention to act within the next 12 months. 
Demand for commercial office space in central London has remained above the long-term average, with the amount of space under offer increasing, though the level of supply in the West End has continued to decline, according to the latest figures from Savills. Take-up in April reached 275,473 sq ft across 24 transactions, bringing take-up for the first four months of the year to 1.3m sq ft. The volume of transactions to complete over the month was the lowest for April in five years but overall year-to-date take-up still remained up on the long-term average for this period by 13 percent. 
Central London commercial offices under offers are at the highest point in the last 12 months and take-up is ahead of 2017 levels compared with this point last year, new data from CBRE has shown. Central London office take-up for April 2018 stood at 547,900 sq ft, largely driven by pre-letting activity. Office take-up for the year to the end April 2018 was 4 percent higher than the corresponding period in 2017, standing at 3.4m sq ft. Take-up was boosted by 139,600 sq ft of pre-letting activity. Over the last 12 months, the business services sector has represented the largest proportion of take-up at 32 percent, driven by a large number of deals to flexible office providers. Take-up in April was dominated by the creative industries sector, accounting for 44 percent of take-up. The banking and finance sector (26 percent) and the business services sector (21 percent) also represented notable proportions of take-up in April.
June 11, 2018
Coworking is breaking away from its cultural and geographical stereotypes
by Gary Chandler • Comment, Property, Technology, Workplace design
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