Search Results for: office environment

An office reset was what we all needed, and wanted

An office reset was what we all needed, and wanted

The UK's best officePressing the ‘reset’ button is never easy. But I’m a firm believer that, once we do, we become much less averse than we perhaps expected to the change it inevitably brings. This is particularly true of the past eighteen months. From all of the sadness and hardship endured, we are beginning to emerge into a new, changed way of living. One that is both familiar and altogether different. The dichotomy is particularly evident in our workplaces. For many sections of the economy, the office was the ecosystem of our daily working lives. Initial questions of whether the office would survive quickly fell by the wayside, and a more interesting, nuanced, debate of what we want the office to be began. More →

One in five Brits left in dark over return-to-office plans

One in five Brits left in dark over return-to-office plans

officeMillions of British workers face uncertainty as a snapshot of the nation’s work practices claims that one in five employees are unsure whether they’ll be expected to work remotely, onsite, or a mix of both in the future. Without having a clear decision from their employer, some employees are unsure about their organisations’ return-to-office plans. More →

Disconnect between executives and employees on returning to the office

Disconnect between executives and employees on returning to the office

disconnectFuture Forum, a consortium launched by Slack to help companies reimagine work in the new digital-first workplace, has released the latest findings from the Future Forum Pulse, a global study that claims a huge divide between executives and non-executives on returning to the office: “the Great Executive-Employee Disconnect.” More →

Central London office pre-lets surge due to pent-up demand

Central London office pre-lets surge due to pent-up demand

LondonCompletions in central London are expected to hit a three-year high, with 5.5m sq ft scheduled for delivery by the end of this year, according to Savills research. More →

Demand for office space outside London could soar, claims KPMG report

Demand for office space outside London could soar, claims KPMG report

New ways of working will boost UK productivity and increase employment levels in cities outside of London, according to a new report from KPMG. And as businesses in some sectors prepare for employees to spend two to three days a week working from home on a permanent basis, demand for office space could see capacity potentially increase by as much as 40 percent, according to a new KPMG report, New working patterns and the transformation of UK business landscape.

The increased availability of office space in major business hubs is expected to attract businesses from smaller areas to fill up the vacant space, with cities like Manchester, Bristol, Glasgow, Leeds and Birmingham set to see employment rise by 5-10 percent as a result. This will have a significant knock on effect for demand for office space.

Areas in central London are also expected to benefit, as well as smaller towns and cities with a large proportion of the workforce working partially from home. Meanwhile, less dense business areas could see a decline in employment and may need to be transformed into more residential, leisure, retail and other uses.

As the business landscape consolidates, KPMG analysis also claims the change could boost overall UK labour productivity by 0.5 percent, thanks to businesses being able to tap into a larger pool of workers, suppliers, and clients.

Yael Selfin, Chief Economist at KPMG UK, commented on the report: “As we emerge from the pandemic, businesses need to adapt to the new environment they will be facing. Some may choose to relocate to larger business hubs to boost profitability, while others in less central areas could see their local customer base profile change. While the overall impact on the UK economy is expected to be positive, the changes ahead could prove challenging for those businesses already saddled by the pandemic.”

The report examines how local high streets in residential towns and neighbourhoods are expected to reap the benefits of greater homeworking through increased demand by residents during the week. But the impact on high streets across the UK is unlikely to be uniform. Some places may be hit relatively hard by the loss of office workers due to their proximity to a larger business hub, which may be compounded by the loss of commuter footfall among remaining employees due to the prevalence of working from home.

Yael Selfin added: “As people spend more time working from home and less time in the office, we could see a revival of the local high street.

“They will need to transform into places of purpose to meet demand for community-based services, hospitality, culture, as well as retail. High street offering in smaller towns and cities may need to become more focused on residents’ needs and less focused on businesses and commuters.

“This transformation will require local government, residents and businesses to work together to map their future shape and make concrete plans to support and enable the necessary changes to make the most of the new post-Covid business reality.”

Chris Hearld, Head of Regions at KPMG UK, commented: “Over time, a shift in business location could support the rise of several major business hubs across the UK. An increase in the concentration of businesses and workers has the potential to make those businesses located there more productive and enable these areas to serve as the engines of economic growth. This should also support the Government’s Levelling Up agenda. Cities like Manchester, Leeds, Birmingham, and Newcastle stand to benefit from such a consolidation of business locations. For this to happen they will need government to work closely with local leaders to ensure the transition is smooth and any barriers to growth are quickly ironed out.”

Business confidence back to pre-pandemic levels, with fewer plans to shrink offices

Business confidence back to pre-pandemic levels, with fewer plans to shrink offices

CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business, according to the latest KPMG CEO Outlook Survey. Despite a slower ‘return to normal’ than expected, their confidence in the global economy has returned to levels not seen since the start of the pandemic. The number planning to reduce their office footprints has fallen dramatically since the height of the pandemic, and instead there is a growing focus on introducing flexible working cultures. More →

Return to office doesn’t mean occupiers have lost sight of flexibility, claims report

Return to office doesn’t mean occupiers have lost sight of flexibility, claims report

return to office is underway

Offices will repopulate over the remainder of this year, led by small companies – those with fewer than 100 employees, according to the EMEA Occupier Survey of 130 companies from real estate advisor CBRE. The survey found that small companies are further advanced in their return to office. Over 80 percent of small companies report all locations are now open. This compares with only a third of the largest companies, although a majority of them have opened more than half of their sites. More →

Southeast office take-up higher than five-year average

Southeast office take-up higher than five-year average

officePent-up demand on hold in 2020 has returned with office take-up in the first half of this year nearly a quarter above the five-year average, according to Savills‘ data. Demand is outstripping supply with a development pipeline equal to five months take up in an average year said the property agent. More →

DESSO Serene and Serene Colour carpet tiles for offices that people want to return to

DESSO Serene and Serene Colour carpet tiles for offices that people want to return to

Working from home has not only laid bare just how much we miss interaction with colleagues, but also how the office could and should support employees to work and feel better, so that they will not only feel safe to return, but will want to return. Through Tarkett’s extensive research on office worker’s attitudes towards returning to the office, a successful workplace that supports employees to thrive needs to prioritise collaboration, flexibility and sustainability. More →

Arrival of paperless office may have been accelerated by lockdowns

Arrival of paperless office may have been accelerated by lockdowns

paperless officeOne of the least talked about potential casualties of the recent lockdowns is the printed page. In a sign that the arrival of the paperless office may have been accelerated, total worldwide page volumes printed from office and home devices plummeted nearly 14 percent year in 2020 after several years of stable but slow decline. According to the research from International Data Corporation (IDC), 2.8 trillion pages were printed in 2020. The COVID-19 pandemic and the dramatic shift from offices to work from home models are behind the sharp decline, even for those who can manage to get a printer to work in the first place. More →

European workers positive about post pandemic partial move back to the office

European workers positive about post pandemic partial move back to the office

europeanWith much of Europe having worked remotely for over a year and many continuing to do so for the foreseeable future, new insights from Sharp, claims that there is a significant appetite among European workers to return to the office for some of the working week. More →

UK workers hesitant to return to the office

UK workers hesitant to return to the office

workersNew research commissioned by Kadence claims that despite restrictions being lifted, office workers in the UK are resistant to a full-time office return. The survey of 1,500 UK and US office workers claims that over half of British workers (55 percent) still expect to spend fewer days in the office per week, with more than a third wanting to come and go as they please (35 percent). More →