Search Results for: office

Investment in real estate upgrades stalls in face of economic and business challenges

Investment in real estate upgrades stalls in face of economic and business challenges

by • News, Property

An image of some offices to illustrate the challenges facing real estate investors Research by ULI and PwC claims that nearly half of Europe’s real estate leaders are concerned about buildings becoming obsolete in the next five years in the face of long-term upheavals in demographics, climate change, technology and lifestyles. Most of the 900 or so industry leaders that participated are making long-term resources available to address the fit-for-purpose agenda. However, the challenging business environment has reshuffled priorities to financing and high construction costs, and scarcity of resources has made real estate renewal more expensive to achieve, consequently delaying much needed investment. More →

Vast majority of unemployed over-50s planning to return to work

Vast majority of unemployed over-50s planning to return to work

by • News, Workplace

An exclusive survey of over 50s by the UK’s leading independent job board, CV-Library, claims that an overwhelming 91 percent of inactive workers in the age bracket intend to return to work.  The Office for National statistics (ONS) recently revealed that the number of people aged 50-64 who are economically inactive has increased by 3.6 million, a rise of 10 percent since before the pandemic and the survey results support this with 41.5 percent reporting that they either left a job or have been out of work since then, but a turnaround looks imminent. More →

Problems at Twitter, grease proof chairs, and the trouble with AI

Problems at Twitter, grease proof chairs, and the trouble with AI

by • Comment, Flexible working, Technology, Workplace design

The level of layoffs at several Big Tech firms has been the main source of news and comment over the past week or two. Around 11,000 people at Facebook and another 7,500 at Twitter are to be made redundant. Elon Musk then ensured the conversation moved on by forbidding remote work completely. More →

Retrofitting buildings essential to reduce energy costs and combat the global energy crisis

Retrofitting buildings essential to reduce energy costs and combat the global energy crisis

by • Environment, News, Property

A tree lined street to illustrate the green benefits of retrofitting buildingsA new report from JLL claims that rising energy costs are expediting the move toward more efficient buildings. JLL’s Retrofitting Buildings to be Future-Fit research suggests that net-zero carbon (NZC) intervention measures directly impact a building’s bottom line and that failing to decarbonise leads to significant financial risk. For many buildings, meeting 2050 decarbonization targets put forward in the Paris Climate Agreement is grounded in retrofitting current spaces, which can also garner higher rents, reduce financial risk and generate higher occupancy rates and tenant satisfaction. More →

Cost of living forcing people to seek out sources of extra income

Cost of living forcing people to seek out sources of extra income

by • News

A selection of British cash to illustrate cost of living crisisWorkers are looking for new jobs, asking for extra shifts, or taking on side hustles to make ends meet as everyday expenses eat up a bigger chunk of their pay cheques. A new Qualtrics study claims that 77 percent of workers say it’s harder to pay for their living expenses than it was a year ago. In the UK, inflation recently rose above 10 percent for the second time this year amid soaring food prices. Compounding the impact of the cost of living, many of the work-related expenses that were relieved by remote work, such as commute costs and full-time childcare, are returning as an increasing number of people head back to the office. More →

The new Fern family from Bisley offers stylish storage solutions that feel like home

The new Fern family from Bisley offers stylish storage solutions that feel like home

by • Company news, Works Magazine

Pink Bisley Fern cabinet in a plant filled roomFern is a new range of freestanding cabinets designed especially for the home by storage experts Bisley. With stylish utility at its core, the colourful capsule collection is elegant, flexible, functional and full of personality. The range, which is designed and made in Britain, reinvents traditional home storage formats of tallboys, linen presses, larder cupboards, credenzas and bed- or sofa-side cabinets in a no-nonsense, timeless aesthetic of hand-folded, vented sustainable steel. More →

Hybrid working driving demand for areas with easier commutes

Hybrid working driving demand for areas with easier commutes

by • Flexible working, News, Property, Workplace design

An office cafe to illustrate the new wave of hybrid workingA report from Unispace claims that employees’ new preference for hybrid working has created an immediate need for firms to re-think their real estate footprint. Today, with over 60 percent of office-based employees preferring to work remotely or in a more flexible way, rather than commute to city centres five days a week, employers are considering the greater use or addition of satellite offices to their portfolio. According to the study of 3,000 office workers across Europe, 79 percent of the workforce would be happier to return to the office if it was just five to 10 minutes away from their home, suggesting that satellite offices could be a solution to boost collaboration, socialisation, engagement and staff retention. More →

Zero carbon tech for building materials gets $12 billion commitment at COP27

Zero carbon tech for building materials gets $12 billion commitment at COP27

by • Architecture, Environment, Facilities management, News

An aluminium clad building facade to illustrate the importance of zero carbon tech in buildingsThe World Economic Forum and US Special Presidential Envoy for Climate announced today at COP27, the expansion of a coalition of global companies, to commit $12 billion in 2030 purchase commitments for zero carbon and green technologies to decarbonise the cement and concrete industry and other hard-to-abate sectors. The latest expansion of the First Movers Coalition – made up of 65 companies with a collective market value of approximately $8 trillion – focuses on cleaning up one of the world’s most carbon-intensive industry sectors through purchasing commitments for low-carbon technology. From construction and engineering to real estate and developers, newly announced First Mover companies have committed to purchasing at least 10 percent near-zero cement and concrete per year by 2030.  More →

EFG utilises KI products to create an elegant, sophisticated workspace

EFG utilises KI products to create an elegant, sophisticated workspace

by • Company news, Works Magazine

KI products at the new installation for EFGSwiss private bank firm EFG International has recently moved to Park Street in London’s Mayfair neighbourhood. Their new facilities are a manifestation of their brand and provide an elegant, sophisticated experience for their team and visitors alike. The move has allowed the business to change its layout from traditional offices to a more open space that supports hybrid working. The new space was designed by Simon Hart and Stefano Albanese of AIS Interiors. As part of the transition, project furniture consultants byBailey selected KI desking and storage solutions. More →

BCFA rebrands to shape the future of commercial interiors

BCFA rebrands to shape the future of commercial interiors

by • Company news, Workplace design

A modern office interior to demonstrate the new approach to commercial interiorsCommercial Interiors UK, is to be the new name for the BCFA – the UK’s largest trade association representing the commercial interiors sector. Its 250+ members represent leading manufacturers, suppliers, and designers – all shaping inspirational commercial interiors internationally. The rebrand comes after an in-depth strategic review ensuring that this highly respected trade association continues to deliver unrivalled support to its members, addressing the business challenges they face, and in doing so, championing issues affecting the commercial interiors sector as a whole. More →

Responsible capitalism, and space as a service will shape real estate industry over next 20 years

Responsible capitalism, and space as a service will shape real estate industry over next 20 years

by • Environment, News, Property

A flexible office space from Instant Offices, a pioneer of space as a serviceEurope’s real estate leaders have set out a long-term vision for the industry. In this scenario the most successful firms have adopted ‘responsible capitalism,’ the user is the centre of attention, the cycle of demolition and development has been broken, mixed-use is the norm and multi-disciplinary and in-house teams deliver space as a service across a range of sectors. Emerging Trends in Real Estate Europe 2023, the twentieth annual survey of European real estate sector leaders’ expectations by the Urban Land Institute (ULI) and PwC, has looked beyond the year ahead at the trends shaping the industry over the next two decades. This report captures the views of over 900 sector leaders from across Europe. More →

Woven Image introduce Array and Fuji: stunning design-driven acoustic solutions for ceilings

Woven Image introduce Array and Fuji: stunning design-driven acoustic solutions for ceilings

by • Company news, Works Magazine

Woven Image acoustic ceiling tilesArray and Fuji are part of Serene Contours, a visually arresting collection of design- driven acoustic ceiling and wall finishes from Woven Image. The ‘office’ has increasingly become a place for people to connect and collaborate, exchanging ideas and information. Serene Contours addresses these advances in workplace design where the cohesion of acoustic function with trending aesthetics has never been more important. This collection welcomes the Fuji range of ceiling acoustic tiles: Roku, Juni and Ku along with Array, a dramatic customisable acoustic ceiling baffle system. More →

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