Search Results for: real estate

One in four people have turned down a job because they hated its office environment

One in four people have turned down a job because they hated its office environment

by • News, Workplace design

Almost a quarter (23 percent) of people say that they have turned down a job because they didn’t like the office environment, according to a new pollAlmost a quarter (23 percent) of people say that they have turned down a job because they didn’t like the office environment, according to a new poll. This rose to almost a third (32 percent) for 18 – 24-year-olds indicating the need for a high-quality office environment for the younger generation. Geographically, workers in the capital are most likely to pass on a job based on the office surroundings, with a third (32 percent) of London based workers admitting to declining a role for this reason. More →

You get what you give at the CoreNet Global Summit 2024 in Berlin

You get what you give at the CoreNet Global Summit 2024 in Berlin

by • Comment, Facilities management, Property, Wellbeing

CoreNet truly embraced its theme of ‘People Power’, emphasising the vital but often overlooked aspect of workplace strategy: connectionHave you ever attended a conference and been asked to gaze deeply into a stranger’s eyes for several minutes, standing just a metre apart in silence? No? Neither have I – until this September at the CoreNet Global Summit in Berlin. Gone are the days of handshakes and small talk. Today, it’s all about relationality, empathy, and hugging it out. For some, the summit’s emphasis on fostering human connections was a joyful opportunity to bond and share meaningful moments with fellow professionals. For others, it felt like being trapped in a never-ending therapy session nobody signed up for. More →

Traditional models of facilities management are no longer fit for purpose, report claims

Traditional models of facilities management are no longer fit for purpose, report claims

by • Facilities management, News

facilities managmentWorkplaces need to be maintained and managed in a more agile and responsive way if they are to serve the needs of hybrid working and the so-called return to the office, according to new research from Colliers. Colliers Global Occupier Services’ new report Adaptive Facilities Management – a new vision in agility reveals traditional facilities management (FM) models, where services are delivered at fixed frequencies and costs, are no longer fit for purpose, due to occupancy levels at many workplaces remaining in flux. More →

Commercial property market should be more optimistic, but it still needs to change

Commercial property market should be more optimistic, but it still needs to change

by • News, Property

JLL’s latest Future of Work Survey claims to reveal new opportunities for the commercial property sector as two-thirds of business leaders expect their CRE budget to riseJLL’s latest Future of Work Survey claims to reveal new opportunities for the commercial property sector as two-thirds of business leaders expect their CRE budget to rise between now and 2030. Despite challenges in the commercial real estate sector and bumpy economic conditions, global business leaders are optimistic about the future, with two-thirds (65 percent) expecting their CRE budgets to increase by 2030, according to the poll. This survey sets out to explore the evolving nature of work, assessing the key priorities, challenges, and strategies for more than 2,300 business and CRE decision-makers. More →

US law firms make up two thirds of global law firm office leasing activity

US law firms make up two thirds of global law firm office leasing activity

by • News, Property

Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal marketsNew York accounted for a third of all leasing activity globally in the legal sector in the first half of 2024, says Savills, equating to over 1.4 million sq ft of space, out of a total of 4.3 million sq ft across the world’s 15 largest legal markets, reflecting its position as the world’s principal legal hub. Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal markets, reflecting the dominance of American firms in the sector overall, as well as the tendency for US legal offices to have a lower occupancy density and thereby requiring more space, according to Savills. More →

Working from home prevalent across Northern Europe, but has no effect on productivity

Working from home prevalent across Northern Europe, but has no effect on productivity

by • Flexible working, News, Property

 

Working from home has become a permanent feature of the European workforce, with notable variations across different regions and citiesA new research briefing from Oxford Economics claims to highlight the sustained prevalence of working from home in Europe, particularly in northern cities, and examines its impact on office real estate markets. According to the briefing, which analyses data through 2023, working from home has become a permanent feature of the European workforce, with notable variations across different regions and cities. More →

UK commercial property market shows signs of recovery, but not for offices

UK commercial property market shows signs of recovery, but not for offices

by • News, Property

The United Kingdom's commercial property market is showing signs of a quicker recovery than the rest of Europe, following a challenging two-year period marked by high interest rates and the ongoing re-evaluation of the role officesThe United Kingdom’s commercial property market is showing signs of a quicker recovery than the rest of Europe, following a challenging two-year period marked by high interest rates and the ongoing re-evaluation of the role offices. According to the Green Street Index, the office market continues to be the most sluggish sector. The latest data suggests that both deal volumes and property values in the UK have seen an increase in the first half of 2024. This contrasts with Germany and France, where dealmaking has remained slow and price gains have been more modest. More →

Office attendance levels continue to rise across Europe

Office attendance levels continue to rise across Europe

by • News, Property

Efforts to bring employees back to the office over the past year have generated high degrees of success, according to the 2024 European Office Occupier Survey from CBREEfforts to bring employees back to the office over the past year have generated high degrees of success, according to the 2024 European Office Occupier Survey from CBRE. According to the research, the proportion of companies reporting average building utilisation of 41-80 percent has risen to 61 percent, up from 48 percent in 2023. Conversely, the proportion of companies reporting lower utilisation has fallen, with only a third of companies reporting utilisation of 40 percent or below, compared with nearly half of the companies surveyed last year. More →

Book review: Workspace Made Easy

Book review: Workspace Made Easy

by • Comment, Facilities management, Property, Workplace design

Workspace Made Easy by Kursty Groves and Neil Usher offers a step-by- step-guide through the complexities of creating and implement a workplace strategy from first principles through to occupying a space and changing it over timeThere’s a dog-eared, yellowing paperback on my bookshelf called Understanding Offices. Written by Joanna Eley and Alexi Marmot, it dates from 1995. It is a handbook for everybody who needed to know how to develop a workplace strategy during the infant phase of the digital and cultural revolution of the late 20th Century. I used to refer to it all the time, but now it serves mainly as a reminder of how much has changed over the past thirty years, and also how little. More →

The city and the office have much to teach each other

The city and the office have much to teach each other

by • Cities, Features, Workplace design

It’s common to hear people say that the boundaries between the traditional workplace and the outside world have become blurred but it might be closer to the truth to say that in a growing number of cases they have been eradicated and that the evolution of cities and offices is informed by a two way exchange of DNA. Whatever you might hear, these times are far from unprecedented. History has lessons for us both in terms of how we view the events of 2020 and how we might respond to them, including how we progress as a species and make our lives and the world a better place. In 1832, there was an epidemic of cholera in the UK’s towns and cities. In those with a population of 100,000 or more life expectancy was just 26 years. The reasons for this were picked up on by a government official called Edwin Chadwick as a member of the Poor Law Commission.   More →

Bloom Clerkenwell tenants connected via world mobile first from Freshwave

Bloom Clerkenwell tenants connected via world mobile first from Freshwave

by • Company news, Technology

All the current tenants at Bloom Clerkenwell in London are now enjoying indoor mobile connectivity from all four mobile network operators (MNOs) thanks to a world first from Freshwave.All the current tenants at Bloom Clerkenwell in London are now enjoying indoor mobile connectivity from all four mobile network operators (MNOs) thanks to a world first from Freshwave. Connectivity infrastructure-as-a-service provider Freshwave’s Omni Network delivers 4G signal from all four operators combined into a single box, something which has never been done before with small cells. It was deployed at Bloom using CommScope’s ONECELL. More →

British Council for Offices Chief Executive Richard Kauntze to step down in summer 2025

British Council for Offices Chief Executive Richard Kauntze to step down in summer 2025

by • News

After soon-to-be 25 years of serving as Chief Executive for the British Council for Offices, Richard Kauntze will be stepping down in summer 2025. His successor will be appointed by the BCO Presidential Team in due course. More →

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