Search Results for: development

London large commercial property pipeline leads rest of Europe

London Commercial Property London will be home to 35 new large office buildings before the end of this year making it one of Europe’s most important destinations for major corporates wishing to occupy over 5,000 sq. m. of commercial property, according to a new report from Colliers International. The survey of 23 major European cities found that together they will offer just over 800 readily-available and high quality large scale offices to choose from by the end of 2014. The 2014 EMEA Office Report claims that this year will see London become the city with the joint third highest availability of large offices in Europe, up dramatically from 11th place.  London matches Amsterdam in having 60, trailing Paris with 62 and Moscow with 98. London, however, stands out as having a strong pipeline of new large office developments.

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British Land announces first letting at Marble Arch House in West End

Marble Arch HouseJust a month after its launch, Marble Arch House in London’s West End, which includes 61,200 sq ft of new office space over seven floors, has been let by British Land. Fulcrum Asset Management has signed a ten year lease at £78.50 per sq ft, and will move into the 9,000 sq ft fifth floor of the building in the summer. British Land entered into an agreement with The Portman Estate to purchase and redevelop Marble Arch House, located on Seymour Street in the Portman Village, in 2011. The scheme, designed by Bennetts Associates Architects, includes 6,400 sq ft of green roof space, designed to encourage wild grasses, as well as birds, bees, butterflies and other wildlife. The office space features natural light from both east and west, with shading louvres that minimise glare and overheating, while maintaining views towards Hyde Park. More →

Employers fail to monitor wellbeing and mental health alongside staff engagement

Mental ill health still not being addressedMonitoring of employee engagement and wellbeing by FTSE 100 companies improved over the past year, but organisations are failing to measure or address the psychological health of employees. The latest Business in the Community (BITC) Workwell FTSE 100 benchmark showed an increase in the average company scores from 21 per cent to 25 per cent while reporting across the five identified areas of BITC’s Workwell Model; Better Work, Better Relationships, Better Specialist Support, Better Physical and Psychological Health and Working Well increased from 53 to 63. 86 per cent of companies now report on four or five of these themes. But despite this, there was almost no evidence that psychological health is being measured or addressed, and the provision of mental health support continues to be a low scoring area (11%). More →

The business of workplace design and management; new issue of Insight is now available

Flexible workingIn the latest Insight newsletter, available to view online; Mark Eltringham lists just seven of the ways in which flexible working may have actually made our lives more rigid; expectations for rising rents as demand for commercial property reaches the highest level since before the financial crisis; ‘Walkie Talkie’ skyscraper signs up two new tenants; and the BCO names London and the South East’s best recently refurbished examples of workplace design. The idea that staff find greater job satisfaction when they work in environmentally friendly surroundings is challenged by a new study; while another report claims that wearable technology could be a boast to productivity; and the CIPD warns that rigid organisational hierarchies hamper the development of management and leadership skills within the workplace. To automatically receive our weekly newsletter, simply add your email address to the box on the home page.

Hierarchical organisations ‘stifle’ employee productivity, claims CIPD

I know my placeRigid organisational hierarchies hamper the development of management, employee productivity and leadership skills within the workplace, warns the CIPD. Their report, ‘Leadership – easier said than done,’ finds a growing trend in developing the capability of individual leaders and managers, an approach known as ‘distributed leadership’. However, faced with outdated organisational structures and cultures – these managers are unable to apply what they’ve learnt in the training room. The report recommends that leadership development should give greater consideration to the organisation-wide factors that can help or hinder the practical application of great leadership skills by employees at all levels. It urges HR managers to take the next step from training individual leaders, to improving the leadership capacity of the organisation as a whole; focusing on understanding what kind of leadership it requires and what changes are needed. More →

Wearable technology will improve productivity and job satisfaction, claims report

Google_Glass_Explorer_EditionIt’s remains a cause of a great deal of rancour in workplaces and public spaces around the world but new research from Goldsmiths, University of London claims that wearable technology can boost employee productivity by over 8 percent and job satisfaction by around 3.5 percent. The study was carried out as part of the University’s Human Cloud at Work (HCAW) programme and was designed to explore the effects of wearable technologies such as Google Glass in the workplace and on employee wellbeing, productivity and job satisfaction. HCAW is a two-year collaborative project between the Institute of Management Studies and cloud specialist Rackspace to investigate how cloud-enabled wearable devices will impact on individuals and businesses.

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BCO’s London workplace design and fit-out award winners revealed

One Embankment PlaceYesterday the British Council for Offices announced what it considers London and the South East’s best recently completed workplaces at an awards dinner. The winners included One Eagle Place, BBC Broadcasting House and Brent Civic Centre, who will now go forward to the national awards which will be announced in October. Earlier this month, the regional finalists for Scotland, the Midlands and East Anglia were announced. Ceremonies will be held to announce the regional winners for the North of England and South West during May. Yesterdays’ event saw PwC’s One Embankment Place designed by t p bennett crowned as Refurbished/Recycled Workplace, Argent’s One Stable Street office win the small office category, while the award for Best Fit Out of a Workplace went to The Walbrook Building designed by Scott Brownrigg. The renovation of BBC Broadcasting House and Brent Civic Centre shared the award for Best Corporate Workplace.

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New collaborative office design for Petronas HQ in Italy

Petronas 2 300dpi cropBuilding work has begun on the new 17,000 sq. m. European Research & Development Headquarters for Petronas Lubricants, the global lubricants manufacturing and marketing arm of Petronas, the Malaysian oil and gas company. The building has been designed by architecture, urbanism and design practice Broadway Malyan. The office – located in Santena, just outside Turin, Italy – is part of a major investment into Petronas’ overall research capability and will be home to a community of several hundred scientists, researchers and new product developers. It is expected to play an important role in supporting Petronas’ development and refinement of fuels and lubricants with a particular emphasis on an office design that encourages collaborative work.

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Innovative public sector property scheme to be extended

Hull GuildhallOne of the UK’s most innovative property strategies, the One Public Sector Estate programme is to be extended, the Government has announced. The initiative was established in June of last year in 12 pilot areas as a way for central and local government departments to share offices and other public sector property. The programme will now be extended to as many as 15 new authorities across the country with the Cabinet Office claiming that the pilot schemes have already  saved around £21m in under a year and that the sale of property freed up by the scheme will raise an additional £88 million. The strategy is jointly managed by the property arm of the Cabinet Office who are responsible for similar initiatives in central government, and the Local Government Association.

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Managing stress is employers’ number one health and wellbeing priority

Managing stress is employers' number 1 wellbeing priorityBeing ‘stressed’ can describe a whole range of conditions; from having a particularly demanding working day to feeling cripplingly anxious and depressed. Although there are still an awful lot of managers out there who dismiss the term as a shirker’s excuse, it’s a condition that must be taken seriously. Stress accounts for a massive 40 per cent of all workplace absences, but it is also the underlying cause of many other conditions that lead to staff staying off work. This is why the 40 per cent of employers that now routinely record the secondary cause of absence alongside the primary stated reason for long-term sick leave are realising the huge impact mental health plays from the outset. It’s behind the growing recognition on the need for early intervention strategies to help support people to manage these conditions and encourage them to maintain a work/life balance. More →

Employers that fail to act on engagement findings ‘demotivate staff’

Employers that fail to act on engagement findings may demotivate staffWhen carrying out employee engagement surveys, employers are not asking the right questions that pinpoint exactly what actions need to be taken. This often results in a failure to act on their findings, which can then lead to higher levels of dissatisfaction amongst staff who have shared their thoughts without seeing any outcome. This is according to a review by software specialist Head Light, which has identified 12 factors which fundamentally impact on how people feel about their work and their employer. These are: wellbeing; motivation; reward and recognition; involvement; autonomy; teamwork and collaboration; purpose and meaning; relationships; trust; career/personal development; communication and performance management. It claims that engagement can be improved at each level of an organisation by asking employees about these 12 factors and then providing senior executives, line managers and individuals with a personalised list of manageable actions. More →

European Commission names Munich as continent’s main tech hub

Der Muenchner Christkindlmarkt und das Rathaus strahlen am Montag (28.11.05) waehrend der Blauen Stunde in weihnachtlichem Lichterglanz. Mit der Eroeffnung des zentralen Muenchner Weihnachtsmarktes auf dem Marienplatz begann am Freitag (25.11.05) die WeihNever mind the Champion’s League, there is a fascinating battle across Europe’s major cities to win the tech hub crown, or at least wear it for a year before it is snatched away by some other agglomeration of latte-sipping arrivistes. The latest City to be awarded the mantle is, perhaps surprisingly, Munich often seen as something of a laggard even within the borders of Germany, playing second fiddle to Berlin. According to the European Commission report (not so snappily titled Mapping the European ICT Poles of Excellence: The Atlas of ICT Activity in Europe) even London, usually regarded as the continent’s tech heartland, bends the knee to the Bavarian City. According to the report’s authors Munich is particularly strong in research and development, although it loses out to London on other factors including networking and access to finance. Paris was placed third.

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