September 4, 2020
A new independent survey by Accumulate Capital suggests how the COVID-19 pandemic has affected UK businesses and their commercial property needs. The property development firm commissioned an independent survey of more than 500 senior decision-makers from businesses all over the UK and the majority believe there will be a need for downsizing to smaller office spaces in the future. More →
September 2, 2020
Supported by its Green Building Councils and their members, the WorldGBC (World Green Building Council) network has launched Sustainable Buildings for Everyone, Everywhere — a new strategy to accelerate and mainstream the transformation of built environments around the world. Based on climate science and the Global Goals of Sustainable Development (SDGs), the strategy tackles global warming, health and wellbeing and resource impacts to deliver quality infrastructure — a critical need for our planet, communities and economies in the context of the COVID pandemic.
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September 2, 2020
With many companies announcing that they will not force employees back to the office until next year, 34 percent of UK workers have admitted to feeling more productive since working from home. That’s according to new ‘Work Different’ research from Qualtrics.
The research, which surveyed 2,000 UK workers, also claims that a third (31 percent) of workers have felt creative since working outside of the office, while over a quarter (27 percent) believe it’s been easier to collaborate with their colleagues since the coronavirus lockdown began. More →
August 26, 2020
The best lighting design is the one you don’t notice. Coco Chanel once said: “dress shabbily and they remember the dress; dress impeccably and they remember the woman.” It’s the same with lighting. If you notice the light sources, and you can feel annoyed by them, then the design just doesn’t work. Essentially, there’s more to lighting than first meets the eye. More →
August 26, 2020
US based office furniture giant Steelcase has announced it has achieved carbon neutrality for its own operations. The company also announced new 2030 goals that have been validated by the Science Based Targets initiative. Building upon this momentum, the firm has established a goal to become carbon negative by 2030. More →
August 13, 2020
The British Council for Offices (BCO) has published new guidance for the safe use of escalators and lifts, as the country begins to return to the office. The safe use of lifts and escalators has been a priority for the industry, with 90 percent of decision-makers and influencers in the commercial office sector saying they were worried about their safe use. To help solve these headaches, the guidance emphasises the importance of social distancing and strict hygiene measures. More →
August 11, 2020
The UK is facing an AI skills gap that could leave companies struggling to compete with rivals from across the world, a new Microsoft report claims. The research, entitled AI Skills in the UK, also found that businesses in this country use less AI than firms overseas, and when they do it tends to be less advanced. UK organisations are also less likely to be classed as “AI pros” compared to the global average (15 percent versus 23 percent), and the UK has a higher failure rate of AI than the global average (measured by the number of projects generating no commercial value – 29 percent versus 19 percent). More →
August 11, 2020
Business leaders around the world have focused on protecting their employees in their immediate COVID-19 response, with UK CEOs leading the pack on mental wellbeing support. Some 93 percent of UK CEOs (92 percent globally) prioritised protecting employee health and safety over everything else. However, UK CEOs were found to have been significantly more focused on their employees’ mental wellbeing than their global counterparts, with 90 percent providing wellbeing support and initiatives, compared with 61 percent of CEOs globally. More →
August 11, 2020
In the second quarter of 2020, freelancers’ average income dropped by 25 percent, according to the latest freelancer Confidence Index by IPSE (the Association of Independent Professionals and the Self-Employed). According to IPSE, the drop in income was driven by a record fall in the average number of weeks freelancers worked this quarter. Between March and June, the average freelancer went 5.5 weeks out of 13 without work. Combined with a 3 percent fall in freelancers’ average day rates, this led to average quarterly earnings declining by 25 percent from £20,821 in Q1 2020 to £15,709 in Q2 2020. More →
August 10, 2020
According to research from DeVono Cresa, the second quarter of 2020 saw 1.2 million sq. ft of office space leased across central London – a drop of 57 percent on the previous quarter. With the market feeling the full effects of the COVID-19 lockdown, demand, availability and rents in central London all trended as predicted, but with the pace somewhat subdued. Q1 2009, at the time of the Global Financial Crisis (921,000 sq. ft leased), remains the lowest quarter of take-up. More →
July 30, 2020
Today’s city living is falling short of citizens’ increased expectations in the digital age. This is according to a new report from the Capgemini Research Institute that explored responses from 10,000 citizens and over 300 city officials across 10 countries and 58 cities. It found that many citizens are frustrated with the current set up of the city in which they live and are prepared to show their opinion by leaving for a more digitally advanced city. On average, 40 percent of residents may leave their city in the future due to a variety of pain points including digital frustrations. More →
July 28, 2020
Containing office costs in the post-lockdown era
by Guy Brett • Comment, Property