Search Results for: investment

Third of businesses see flexible work as main Olympic legacy

300px-Olympic_Stadium_(London),_16_April_2012

Flexible working facilities brought in for London 2012 are the most important legacy of the Olympic Games for a third of businesses, according to a new BT legacy survey. The survey of 600 large private and public sector organisations across the UK found 34% are continuing to enjoy the benefits from flexible working facilities (34%), with sales/revenue for 37% higher than before the Games. When asked what they have learnt about their organisation’s capabilities, 36% think that when they are pushed they can do a lot more business, 26% are more resilient and 25% feel they could increase their margins.
More →

Europe’s commercial property investors opt for safe cities

German cities dominate the investment prospects for Europe’s commercial real estate sector as investors favour safe havens according to a new report – Emerging Trends in Real Estate Europe 2013. Munich tops the league table followed closely by Berlin in second place and Hamburg in fifth position, with investors taking comfort from each of the cities’ strong local micro-economic climate and resilient property market conditions. London, which is seen by many as Europe’s safest investment, is the largest riser in this year’s report taking third position.  More →

Green retro fitting a ‘best bet’ for 2013

EP photo 1

Refurbishing existing buildings to new standards and turning them into good green assets has been identified as one of the best bets for the property sector in the year ahead, according to new research from the Urban Land Institute and PwC. The survey of industry leaders across Europe found the move to ‘reactivate assets’ – refurbish good properties with green credentials – is taking hold. Sustainable properties are increasingly commanding higher rents and values, as governments move to force companies to increase building’s energy efficiency and reduce their environmental footprint.

More →

UK’s Centre for Cities launches Outlook 2013 report

cit_0000The Centre for Cities has today published the latest issue of its flagship Cities Outlook report in conjunction with the Local Government Association. The report has been published annually since 2008, identifying trends and key economic indicators from the UK’s largest cities. This year’s report is extensive in its coverage of a range of issues but focusses on construction, especially of housing, as an engine of growth.  Several towns including Milton Keynes, Brighton and Northampton are singled out for their high levels of private sector investment and employment.

More →

Business spending to grow for two years, forecast Ernst & Young

Business spending will grow tentatively over the next two years, according to a new report from the ITEM Club, an economic research group established by Ernst & Young. It predicts that overall spending by businesses will grow by just over three per cent this year and a further 8.1 per cent in 2014. This is good news following a number of recent economic forecasts but means that spending will remains some way short of its pre-downturn peak. The ITEM Club also called on the UK Government to do more to stimulate growth. More →

Cabinet for Core Cities looks to reshape the English economy

A newly formed Cabinet of Core Cities met for the first time in Liverpool on Friday, seeking to reshape England and call on the Government to work with it to maximise the economic potential of the regions by creating a more balanced economic structure for the country and develop policies that would create jobs and investment. The cities represent the urban centres of Manchester, Nottingham, Newcastle, Birmingham, Leeds, Liverpool, Bristol and Sheffield.

More →

Consensus in property industry for green agenda

UKBC

The UK Green Building Council, backed by a wide range of trade and professional organisations across the construction and property sector, has sent an open letter to the Chancellor of the Exchequer George Osborne demanding a suite of policy changes to make the most of the green growth opportunity. The level of collaboration and consensus from within the industry is unprecedented, and includes, among others, support from the British Property Federation, Construction Products Association, British Council for Offices and Royal Institute of Chartered Surveyors.

More →

Google completes search for London HQ site

US based technology giant Google has completed the long expected £1bn property deal for a brownfield site in the King’s Cross Regeneration Area in London. The 2.4 acre site is located between King’s Cross and St Pancras rail stations and will be used for the development of an up to 11 storey complex which is due to be complete during 2016. Google will rationalise its two existing London locations into the new office and workplace design aficionados will be expecting great things from a firm that is renowned for its original approach, most recently at its Covent Garden offices designed by Penson.

More →

Build upon creative success urges design campaign

techcity07_hr2-300x209

The #includedesign campaign has urged policy makers to revisit proposals to include creative subjects in the English Baccalaureate and build upon the success of initiatives like Tech City. This is the ‘brand’ name for the creative technology community around Shoreditch in east London, with more than 3,000 creative tech firms, employing over 50,000 people. Last December the design industry wrote an open letter to the Secretary of State for Education warning him against the omission of Design & Technology and Art & Design from the EBacc. More →

Workplace transformation strategies are an essential element of CSR

CNGLogo

Adopting 21st-century workplace practices that meet the needs of employers and employees is an important form of Corporate Social Responsibility (CSR), according to a new corporate real estate (CRE) industry advocacy statement by CoreNet Global. The report finds the nature of work is “changing dramatically, transcending the traditional definitions of productivity to include the concepts of enabling work, employee engagement, employee satisfaction and employee wellness, framed around an emerging ‘work-life support’ business model.” More →

Gulf developments are talking the big numbers

Following the announcement at the end of last year from the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, that the emirate was to build what it called a new city within its borders, the Government of neighbouring Abu Dhabi has announced that it plans to spend around £56bn on capital projects over the next five years as it seeks to restructure its economy to reduce its reliance on the oil and gas industry. Abu Dhabi is the largest emirate state and its investment marks a significant shift in the economic focus of the region.  More →

JLL’s CEO new Chairman of the UK Green Building Council

Jones Lang LaSalle’s Andrew Gould has succeeded Dan Labbad, Group CEO of Lend Lease, as Chairman of the UK Green Building Council. He takes up the position at a time when business leaders are increasingly focused on the need to show leadership on climate change and recognise the opportunities for green growth in the UK. The UK Green Building Council is an industry-led campaign group, part of a global network of Councils that are active in over 90 countries worldwide. More →