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Stressed staff contribute average ten hours free labour a week

Stressed workers contributing average 10 extra hours work a week

British employees contribute an extra £142 billion a year to their employers, by working on average, an unpaid ten extra hours per week. According to a study by Travelodge of 2,000 workers across the UK, nearly three quarters (72 per cent) routinely do the extra hours, which translates into an average saving of £6,635 for employers. So great is the trend, that one in ten workers cram a whole extra week of unpaid work on top of their normal working schedule so that they can manage their workload, and a third of Britons now work an additional 16 hours a week for free than they did prior to the start of the recession. More →

Flexibility not finance motivates Generation Y workers

Gen-Y view work as a thing rather than a place that requires a traditional nine to five routine,

Millennial or Generation Y workers are not the bunch of entitled youths we’ve been led to believe. Those born between 1980 and 1995 say they would choose workplace flexibility, work/life balance and the opportunity for overseas assignments over financial rewards. PwC’s NexGen survey reveals that millennials view work as a thing rather than a place that requires a traditional nine to five routine, so are more likely to stay in a job if they feel supported and appreciated, are part of a cohesive team and have greater flexibility over where and how much they work. This contrasts with the non-millennial generation, who place greater importance on pay and development opportunities.

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Commercial construction sector grew in first quarter of 2013

Steady growth in the commercial construction sector

There has been a steady growth in the UK commercial construction sector in the first quarter of this year, according to international property recruitment consultancy Judd Farris. The commercial construction sector has experienced steady growth, with a resulting high demand for experienced commercial candidates with knowledge of fit-outs and general build. There is also a strong recent demand for strategic sourcing candidates within Facilities Management. Said Tom Flood, Associate Director,  Judd Farris: “As part of continuing cost-saving measures, companies are keen to appoint procurement specialists to effectively manage their strategic sourcing and supplier contracts.” More →

Report claims empty offices could provide 11,500 homes

Empty officesAccording to new research from Lambert Smith Hampton, there is nearly 12m sq. ft of obsolete office space in the UK’s regional markets which the firm estimates could yield as much as 7.4m sq. ft. of space suitable for conversion to residential use under the Government’s controversial new planning rules. The researchers claim that this equates to approximately 11,500 new homes. The government has relaxed the planning systems in the UK to encourage developers to shift the use of space although critics have argued that this may serve to distort the market for property in some areas as residential properties are potentially more lucrative than commercial properties.

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One St Paul’s offices attracts “new type” of City tenant

One St Paul's

A marketing campaign aimed at attracting non-traditional City occupiers appears to have paid off, with the entire 60,000 sqft office element of One St Paul’s in the City of London being let to a single tenant. Genesis Oil and Gas Consultants Ltd has agreed a 15-year lease for all six storeys of bespoke office space, and will  take possession upon handover of the building works during the summer of 2013, with the aim of moving its headquarters in the autumn. The deal marks the culmination of AXA Real Estate’s reworking of the property as a major mixed-use redevelopment scheme.

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Public sector property initiatives have proved successful but work still needed

Gorilla-in-a-hat1There was a time, not so long ago, when nobody worried too much about the shape of the rooms that led off the corridors of power. But the pressure on UK finances has politicised the design of the UK’s public buildings. The latest example of this was the recent  announcement  in Parliament of a report that, amongst other things, called for a new approach in the way facilities are designed to deliver better services in a more cost effective way. The report Restarting Britain 2: Design and Public Services was the result of an eight-month investigation led by the Design Commission along with politicians, designers and civil servants.

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What Tesco’s move into a Clerkenwell office tells us about how it sees itself

Tesco logoIf Tesco ever wants to update its three word strapline from Every Little Helps, it could plump for something more accurate such as We Own You. Unless Facebook or Google register it first, of course. The news this week that the extensively diversified retailer is to set up an office for its digital operations in the heart of one of the UK’s Technology Media and Telecoms (TMT) hothouse in Clerkenwell tells us a great deal about how it sees its operations in this area. The move will not only help Tesco to recruit staff in and around the Tech City area of East London, but sets a marker for how it views its place in the scheme of things.

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Dutch Embassy to move to South Bank development

Embassy Gardens

The Dutch Embassy in London is to move from its current location at Hyde Park Gate to a 50,000 sq ft site as part of the Embassy Gardens development on the South Bank of the Thames. The Embassy, which will move in 2017, will sit adjacent to the new US Embassy, already under construction and due for completion during the same year. Embassy Gardens is part of the Nine Elms development on the South Bank and is masterplanned by architect Sir Terry Farrell to encompass a kilometre-long Linear Park – starting in Vauxhall and moving through Embassy Gardens on the way to Battersea Power Station. More →

UK commercial property investors shift focus to the regions

Leeds skylineInvestors in the commercial office market are increasingly being drawn towards the UK regions, according to a new report by Deloitte Real Estate. The UK Key Cities publication explores the trend that regional offices are emerging as a focus for savvy investors seeking higher returns. At the same time, individual cities are recognising the need to stand apart from competing locations and bridge the gap between themselves and London. These cities are being bolstered by factors such as improved connectivity through large planned infrastructure projects, devolution of power, and investment into the retail and leisure markets.

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SBID International Design Awards 2013 open for entries

Entries are now open for the SBID (Society of British Interior Design) third International Design Awards, which recognises design excellence across the built environment, ranging from super luxury projects, to innovative design and new talent on limited budgets. The fourteen categories include residential and contract sectors, entertainment space, transport, product and public space, visualisation (3d renderings) and interior design project under £50,000. Previous finalists and winners have included: Candy & Candy’s Candyscape II and Number One Hyde Park; Bentley Motors Head Office in Crewe by FutureBrand [pictured]; Mercedes Showroom in Washington by Studio Lux; The Hyundai Business Centre in Korea by Hyundai Construction and Engineering; Viking Cruises by Integration.

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Facebook hits like button for low-key Gehry campus building

FAcebook campus 2Normally it would strike you as a bit odd that a company would appoint one of the world’s most high profile architects to design its new headquarters, a man with an immediately recognisable and frequently stunning visual style, only to then ask him to rein it all in and produce something pretty sober and unobtrusive. But that is precisely what Facebook has done with the appointment of Frank Gehry who has been tasked with producing a low key design for its new headquarters building  and campus in California which gained approval at the end of last week.

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We shape the world’s cities, then they shape us

UrbanisationThe story of the world’s cities is often told not in words but in numbers. This is especially the case with the megacities – those with a  population in excess of 10 million – which obtain enough critical mass not only to produce eye boggling statistics but also to distort the fabric of whole regions and change the way people live and behave. This is true for the established megacities of London, New York and Tokyo as well as the emerging global metropolises in Sao Paolo, Beijing, Mumbai, Shanghai, Cairo and Istanbul. It is also increasingly true for cities many people have never heard of.

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