May 17, 2015

The complete Work&Place archive is now available for you online

by Mark Eltringham • Architecture, Facilities management, Premium Content, Property, Technology, Work&Place, Workplace design

The complete Work&Place archive is now available for you online, with each issue in two formats. PDF and digital editions offer you a choice of how to access the thoughts of some of the world’s greatest practitioners and writers on workplaces, commercial property, urbanisation, technology and all of the key forces driving developments in the built environment. Each of the issues so far also offers you an international perspective which means not only do they offer an insight into the forces that shape workplace thinking worldwide, they also create a unique perspective on how national approaches are shaped by local forces related to legislation, the economy, environment, culture and business practice. Work&Place is now published quarterly with the next issue set for July 2015. It will continue to create an era defining body of work about the rapidly changing world of work and workplaces.

May 11, 2015

Does declining productivity spell the end for IT and property directors?

by John Blackwell • Comment, Facilities management, Property, Technology, Work&Place

When it comes to increasing organisational output, which in turn directly relates to real wage growth and higher living standards, the only determinant is productivity, measured in terms of output per hour worked. This is at the heart of all businesses and is essential for growth. The basic facts on productivity are clear. For over a decade, productivity has been painfully weak across all the major economies. The UK has performed particularly badly, with productivity having declined by 3.7 percent since 2008. A recent OECD report went as far as saying: “weak labour productivity since 2004 has been holding back real wages and well-being. The sustainability of economic expansion and further progress in living standards rest on boosting productivity growth, which is a key challenge for the coming years”.

May 8, 2015

The death of the office has been overstated but it is changing, study confirms

by Mark Eltringham • News, Property, Workplace design

The implications for the property industry of more efficient space planning models and the uptake of flexible working are laid bare in a new report from planning and design consultancy Nathaniel, Lichfield and Partners (NLP). The headline figure from the report, Workspace Futures: The changing dynamics of office locations is that the office stock in England and Wales rose by 17 percent in the twelve years to 2012 while the numbers of office based staff increased by around 21 percent. The report includes details on how these trends affect 11 key locations including Manchester, Cambridge, Bristol, Newcastle and Reading and concludes that while ‘the death of the office has been largely overstated’, the market is undergoing structural changes that need to be addressed by developers and government.

May 6, 2015

TfL to occupy first commercial property at International Quarter

by Sara Bean • Architecture, Company news, News, Property

Construction is to begin this summer on the first of a number of office buildings planned for the second stage of the International Quarter, a £2.1 billion mixed-use development in Stratford in East London. Transport for London (TfL) has signed a pre-let with Lend Lease and London and Continental Railways (LCR) to occupy all of the space in the 265,000 sq ft commercial property. An estimated 3,000 TfL workers will relocate to the International Quarter’s new offices and, once completed, an estimated 25,000 people will work at and visit the site each day. The developers claim they are in discussions with other tenants about moving to The International Quarter – which, at a total of four million square feet, will be one of the largest new commercial property developments in the capital.

May 5, 2015

Election uncertainly blamed for slowdown across the UK construction sector

by Sara Bean • Facilities management, News, Property

The UK construction market experienced a slowdown in April, with output and new orders expanding at the slowest rates since June 2013, according to the latest Markit/CIPS UK Construction survey. Although the growth of commercial work was the least marked since August 2013, many survey respondents suggested that underlying conditions remained favourable, but some clients had delayed decisions ahead of the general election. Looking ahead, confidence regarding the 12-month outlook dipped from the nine-year high seen in March, but remained stronger than its long run average. A number of firms cited optimism that underlying demand would continue to improve, while others suggested that the removal of election related uncertainty would help support new business gains.

May 5, 2015

A responsible approach needed for the design and build of London’s towers ⁰

by Paul Chilton • Architecture, Comment, Property

There are currently over 260 new towers either proposed, approved or under construction in Greater London, a 12 per cent increase on last year. There has been much debate and concern about the impact of the design and build of so many new towers on the capital and in particular the visual impact. The Skyline Campaign was launched last year with signatures from over 80 public figures hoping to halt the ‘destruction’ of London’s skyline. London is a busy city, on a small island with limited space. Towers allow us to create residential and commercial property using a minimal amount of land. However it is vital that new buildings that are tall enough to have a visual impact have the right design, are in the right place, and are built at the right time.

May 2, 2015

The latest issue of Insight Weekly is available to view online ⁰

by Sara Bean • Environment, Facilities management, Newsletter, Property, Technology

In this week’s issue; Mark Eltringham lists the three workplace issues that could influence the general election, Maciej Markowski cites some examples of how companies are using Gamification and Sara Bean reports on a global career success survey which found staff rate happiness and flexibility over performance. In news; the first building to be certificated under the new BREEAM Refurbishment and Fit-Out standard and HSBC’s move to a new landmark building in Birmingham – not abroad – is given speedy assent. A new study warns of a growing number of European employees going rogue with their own digital devices and apps and Gartner urges organisations to draw-up a ‘manifesto’ that of digital best practice. Sign up to the newsletter via the subscription form in the right hand sidebar and follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

May 1, 2015

Rubberstamp for relocation of HSBC headquarters to Birmingham ⁰

by Mark Eltringham • Cities, News, Property

Unsurprisingly, the high profile relocation of HSBC to a new base in Birmingham has been rubberstamped by the city’s council. Despite HSBC’s recent threat to quit the UK completely, the planning committee has confirmed that the move, first announced in March, will go ahead as planned. The new 210,000 sq. ft. landmark building at the 2 Arena Central mixed use scheme has been designed by Ken Shuttleworth for handover to HSBC in 2017. The move to Birmingham has been largely attributed to the bank’s reaction to the financial crisis and the subsequent climate of legislative reform and public criticism. HSBC has longstanding links with the West Midlands and The Birmingham Post reported recently that it may resurrect the name Midland Bank as it relocates 1,000 staff to the UK’s heartland.

April 29, 2015

First BREEAM standard for refurbishment and fit-out awarded to Bristol office ⁰

by Sara Bean • Environment, Facilities management, News, Property

An office at Bristol’s Aztec West Business Park has become the first building to be certificated under the new BREEAM UK Refurbishment and Fit-Out standard. Legal & General Property’s building at 740 Waterside Drive has been awarded design stage ‘Very Good’ ratings against Parts 2 and 3 of the scheme for the refurbishment and fit-out of its core and local services. The £5 million, 51,000 square feet project took 30 weeks to complete and includes an extensive range of refurbishments and improvements. These include fully replacing the mechanical and electrical systems, installing photovoltaic panels on the roof, enhancing the airtightness of the building and improving its EPC rating to achieve an EPC A. BREEAM UK Refurbishment & Fit-Out 2014 has been developed to assess a wide range of project types.

April 29, 2015

RICS reports surge in investment and demand for commercial property ⁰

by Sara Bean • Facilities management, News, Property

Demand for commercial property in the UK is growing close to its fastest pace since 1998. The latest RICS UK commercial market survey shows that there was a surge in investment and tenant demand in the first quarter of this year, which suggests stronger economic growth over the remainder of 2015. The UK had its 10th consecutive quarterly acceleration of demand, with 46 percent of respondents reporting greater interest. However, the availability of commercial property declined, with 38 percent of RICS’ surveyors seeing fewer properties on the market, the impact of which is higher rents. This is particularly apparent across the industrial and office sectors. Looking ahead, respondents expect the office sector to perform most strongly; with London leading the way, despite some concerns over the valuation of prime property in the capital.

April 27, 2015

Business clusters fuel growth in office occupier demand in smaller cities ⁰

by Sara Bean • Facilities management, News, Property

Smaller cities, including Brighton, Solihull, Reading and Warrington [pictured], look set to see a growth in occupier demand for office rentals over the few years, a new report has revealed. JLL’s ‘Where Next in the UK?’ report analysed the economic and office market performance of 37 smaller towns and cities giving an insight in to which locations will offer investors the biggest opportunity over the next five years. It shows some smaller cities are found to have a stronger outlook than the ‘Big 6’, (Bristol, Birmingham, Manchester, Leeds, Glasgow and Edinburgh). The success of these smaller cities, says the report, will be closely associated with their ability to develop and grow clusters of businesses, for instance a growing nuclear research and technology cluster in Warrington – along with strong university links and the provision of integrated transport and infrastructure.

April 24, 2015

Rising commercial property costs driving small businesses out of London ⁰

by Mark Eltringham • Cities, News, Property, Technology

The vast majority of small businesses in London and other parts of the South East are considering relocating over the next five years because they are frustrated with the lack of appropriate facilities and soaring commercial property costs in the region. A new study from the University of Sussex’s business incubation network Sussex Innovation claims that nearly two thirds (63 percent) of small businesses, rising to 78 percent of technology startups, believe their future may depend on leaving the capital. The study claims this threatens the viability of the Government’s flagship Tech City hub just months after it announced a new scheme to attract firms to the area. The research is based on a study of over 500 business owners and leaders in London and the South East and was presented at the launch of Sussex Innovation’s new hub in Croydon.