October 15, 2014

Awareness of benefits of BIM growing in US and UK, but implementation lags

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

Building owners on both sides of the Atlantic are increasingly aware of the benefits of Building Information Modelling (BIM), even though they may not yet use it directly, according to a new report published by McGraw Hill Construction in partnership with Autodesk and Skanska. The report, The Business Value of BIM for Owners, suggests that this pent-up demand will be unleashed in the near future with 40 percent of US owners and 38 percent of UK owners predicting that more than 75 percent of their projects will involve BIM in just two years, with a particularly high level of growth in the US. Growth in the UK is being driven by the approaching implementation of a central government mandate requiring use of BIM on all national public projects by 2016, with over two thirds (67 percent) of UK owners reporting that the mandate is already having a high impact on their use of BIM. Owners in the UK are also more generally aware of the benefits of BIM and have more experience of it in practice.

October 15, 2014

Work begins on ‘living laboratory’ to test eco-build products

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

According to Constructing Excellence, buildings collectively account for around half the UK national output of carbon dioxide. To help address this, work has begun on the construction of a new £1.4 million ‘living laboratory’ at the Eden Project in Cornwall, where new eco-build products can be installed, tested and monitored. The Green Build Hub (GBH), is designed as a training centre that encourages inward investment by specialist green suppliers by enabling them to showcase and test innovative products. The project, by the Cornwall Sustainable Building Trust (CSBT), made possible by an investment of £1.1 million from the European Regional Development Fund Convergence Programme, aims to deliver a BREAAM ‘Outstanding’ building that acts as a resource of specialist green building knowledge. The GBH design team includes Gilbert & Goode Ltd, Ward Williams Associates, PBWC Architects, Hoare Lea, CDEC Ltd and TClarke Ltd; with an expected completion date of June 2015. More →

October 13, 2014

Huge increase in Glasgow and Edinburgh office leasing activity, as demand grows

by Sara Bean • Facilities management, News, Property

Glasgow and Edinburgh have both seen more than 80 per cent growth in office leasing activity in the past year. A comparison of Scotland’s two major cities to other major cities on the continent at a recent JLL Research Seminar revealed that leasing activity in Glasgow increased by more than 120 per cent between July 2013 and June 2014, in comparison to the same period from 2012-2013. The increase in leasing activity placed Glasgow at the top of the list of forty comparable European cities. Edinburgh is fourth in the list with an increase in activity of around 80 per cent. The office markets of Edinburgh and Glasgow are expected to see continued high levels of occupier demand, an increase in investment activity and a strong performance from business parks. However, Edinburgh’s weakness is a lack of scale, and Glasgow’s is flat population growth; and though leasing markets in both cities are showing very strong recovery, vacancy rates are falling and Grade A space remains scarce. More →

October 13, 2014

HS2 will generate £40 billion in economic benefits and a surge of investment in office space, claims new report

by Mark Eltringham • News, Property, Public Sector

According to a report published today in The Daily Telegraph, the UK’s new HS2 high speed rail network will encourage housebuilding and commercial property development as part of a £40 billion boost to the UK economy. The report, produced by consultants EY, also suggests that new developments around the main stations along the route, including Birmingham, Manchester and West London would generate some £1 billion a year before the route’s completion in 2035, including some 850,000 sq ft of new office space. The newspaper claims the full report will be released by the Government this week as part of its campaign to win support for the controversial scheme and that its content will be a major talking point at this week’s MIPIM which takes place for the first time in London. It was revealed recently that the Government now expects the scheme to cost £73 billion, a figure which critics, including Mayor of London Boris Johnson claim could be spent more wisely.

October 9, 2014

Winner and shortlist announced for UK Prime Minister’s Better Public Building Award

by Mark Eltringham • Environment, News, Property, Public Sector

Wiltshire County Council Offices

The (rather long) shortlist of nominees for the Prime Minister’s Better Public Building Award 2014 has been announced by the UK Cabinet Office. Hosted as part of The British Construction Industry Awards which aim to ‘recognise all-round excellence in construction, including the overall design, and delivery of buildings and civil engineering projects’ the award’s original nominees were assessed on a range of standards including economic and social value. As well as the rather impressive new headquarters for Wiltshire County Council (above), the Government claims the shortlist includes a college building that is engineered to be one of the quietest buildings in the country as well as a building that will almost entirely be powered by fish oil. Previous winners include Tate Modern and the Velodrome at the Queen Elizabeth Olympic Park. The Government, ever keen to be down with the kids, has produced a Buzzfeed feature on the nominated projects.

October 9, 2014

Details released of 510,000 sq ft office development at Moorgate Crossrail station

by Mark Eltringham • Cities, Company news, News, Property

Property developer Land Securities has released details of its 510,000 sq. ft. commercial property scheme on the site of the new Moorgate Crossrail station in the City of London. The mixed use scheme consists of two buildings providing 410,000 sq. ft and 100,000 sq. ft. of office space, a landscaped courtyard and a high level walkway linking the station site with the Barbican. Retail space will also be incorporated alongside the walkway. The scheme is part of a programme of development by Land Securities linked to the new line, which will provide a total of 1.1m sq ft around various Crossrail stations. The firms is expected to submit a planning application for the site later this year with work on the site expected to start in 2018 in parallel with the construction of the Crossrail station on site. As well as improving Greater London’s transport links, the £15 bn Crossrail project is seen as an important catalyst for property development in the capital.

October 9, 2014

BCO announces winners of national awards for Britain’s best workplaces

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

The BCO has announced the winners of its prestigious annual National Awards to honour what it considers Britain’s best workplaces. The overall winner was Number One Riverside in Rochdale (above). The office, home to Rochdale Metropolitan Borough Council, was also recognised as the Best Corporate Workplace in the UK, and topped a list of six other award winners recognised for excellence in office space. Number One Riverside was singled out by the judges for its consolidation of the Council’s estate from 33 buildings into one. The project is also the centrepiece for the first phase of a major regeneration in the borough of Rochdale, ‘providing a new civic office that promotes new ways of working and creates a sense of community, engagement and social transparency.’ The building was commended by the judges for its incorporation of a range of public space alongside the workplace, including a library and cafe and customer service facilities.

October 8, 2014

New property programme supports co-working between tech businesses

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

Over the next decade, London’s digital tech sector is expected to grow at a rate of 5.1 per cent per annum, creating an additional £12 billion of economic activity and 46,000 new jobs, which in turn is driving change in the commercial property market. Now the rapid rise of the UK property tech market is to get a boost with the announcement of a programme which provides tech companies with access to investment, mentoring and co-working business space. In a strategic partnership with Cushman & Wakefield and Spire Ventures; Pi Labs, Europe’s first property-focused technology accelerator company, will invite start-ups to apply to join the Pi Labs accelerator programme. This will be located within ‘Second Home’, a new iconic 20,000 sq. ft. co-working space in Shoreditch, designed to set new global standards in the provision of stimulating private and social workplace environments supporting collaboration and co-working amongst creative and technology businesses.
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October 7, 2014

New speculative office scheme announced for Slough Trading Estate

by Sara Bean • Facilities management, News, Property

A new 68,000 sq ft speculative office scheme has been announced for Slough Trading Estate, arguably the most famous trading estate in the country; home to Ricky Gervais’ ‘the Office’. Although Slough began life as an industrial trading estate, it now accommodates numerous corporate offices, and is one of the UK’s most popular headquarter locations for multinational companies, including Mars, Stanley Black and Decker, O2, and LG. The latest development forms part of the ongoing redevelopment of the Trading Estate to ensure it continues to remain a draw for business. The new site, at 234 Bath Road has already secured planning permission and is due to commence in November with completion set for Spring 2016. According to developer SEGRO the offices will feature large floorplates offering grade A office accommodation ranging in size from 22,000 sq ft – 68,000 sq ft, which can be let to a single company or multiple occupiers. More →

October 3, 2014

Vital role of FM in success of an organisation illustrated in latest RICS case studies

by Sara Bean • Facilities management, News, Property, Public Sector, Technology

The utilisation of Building Information Modelling (BIM) to innovate FM within a business, and the way in which strategic FM can help boost the wellbeing of employees are two of the latest case studies launched by the Royal Institute of Chartered Surveyors (RICS) aimed at illustrating the vital role played by FM in the success of an organisation. The case studies, produced by International Workplace, and available to download here, outline how businesses, large and small, can utilise strategic FM to enhance their business’ output. Through organisations as varied as The Royal BAM Group and the Hong Kong Jockey Club, the theme of professionalising FM is brought to life and explained using tangible, real life examples. Speaking at the launch of the case studies, held at KPMG, featured for its living wage initiative, Neil Murray, Managing Director at Sodexo UK talked about the contribution FMs can make to an organisation by making it a better place to work. More →

October 3, 2014

An end to ‘Whitehall Palaces’ as UK government publishes new estates strategy

by Mark Eltringham • Facilities management, News, Property, Public Sector

The UK Government has published an update to its Estates Strategy which it claims will build on its successes of the past four years and spell the end for ‘Whitehall Palaces’. The Government Estates Strategy sets out how the administration plans to make the most efficient and cost-effective use of its property. The first strategy document was published in 2013, but the Government had already by then been looking at ways to downsize and improve the operations of its estate. The new document claims to ‘reflect good progress so far and expands on the scope of work, using the estate to provide better integrated public services and to enable economic growth.’ The report also claims that since 2010 departments have shrunk the central Government estate by over two million square metres as civil service numbers have also reduced by 17 percent, saving around £600 million a year in running costs and generating around £1.4 billion in sales of land and buildings.

October 3, 2014

New innovatively designed West End office development nearly fully let

by Sara Bean • Company news, News, Property, Workplace design

10 Portman Square, an innovatively designed office building based in London’s West End, is nearly fully occupied, following an agreement by Ardagh Glass to lease 10,250 sq ft of office space from British Land. Award-winning architecture and interior design practice Jestico+Whiles led the design of 10 Portman Square, which offers column-free floorplates of 18,500 sq ft, and benefits from natural light on all four sides with views across Portman Square. Ardagh Glass will occupy part of the first floor, to join investment management company Independent Franchise Partners, who agreed terms on the other half of the first floor in July. The building, which provides 113,700 sq ft of Grade A office space over seven floors, is also home to Aspect Capital, Arrowgrass Capital Partners and Aramco Overseas Company. The latest deal brings occupancy across the 2.4 million sq ft West End office portfolio to 96 per cent. More →