January 28, 2013

Innovation needed to catapult UK to technology success

Catapult centre

The government must scale up the UK’s new programme of technology and innovation centres – Catapults – by 50% to 100%, the Big Innovation Centre will announce at a meeting at the House of Lords today. Will Hutton, chair of the Big Innovation Centre at the Work Foundation warned: “Catapults are desperately needed and important new institutions that could allow the UK to reproduce German success in 21st century industrial sectors and services. Yet the Catapult programme needs to be bigger and bolder in its scope, aims and resources if their potential as convenors, catalysts, risk-mitigators and horizon scanners is to be fully exploited.”

January 28, 2013

A train that symbolises the clash of old and new ways of work

by Mark Eltringham • Comment, Technology, Workplace, Workplace design

Today we’ll all be hearing a lot more about the plans for HS2, the Government’s flagship construction project and all-round Keynesian boot in the pants for the UK economy. Most of what will pass for debate will involve some light class warfare about the route through Tory constituencies, seasoned with a dash of NIMBYism, some chest beating from Labour who started the whole thing but can’t be seen to support it fully and various other bits of pointless to-ing and fro-ing. But what is most remarkable about the scheme as far as Insight is concerned, is how its business case completely and deliberately ignores the way we work. More →

January 27, 2013

UK Govt launches broker website for unwanted public sector property

by Mark Eltringham • News, Property, Public Sector

A new website that will let members of the UK public see for the first time what government property is available to buy or rent was launched on Friday. Find Me Some Government Space claims to operate in a similar way to commercial sites such as ‘rightmove’ by allowing organisations and individuals to identify available property and land using either a postcode or area keyword. The move comes as the government looks to divest itself of up to 1200 unused and unwanted public sector properties, some of which may have been empty for years.

January 26, 2013

Tech and media firms drive demand for London offices

by Mark Eltringham • News, Property, Technology, Workplace design

The UK’s thriving technology and media sectors are driving demand for office space in London, creating hotspots of businesses and talent according to a new report published yesterday by property services provider Colliers International. However a shortage of supply means that not only are tech and media firms driving up rents and supplanting traditional businesses, many are adopting more ‘institutional-style’ office spaces then using design and refurbishment to put their own stamp on them.

January 23, 2013

Global trust demands business acts as force for good

by Sara Bean • Knowledge, News, Workplace

Edelman_blogs-02-620x315

Government trails business, media, and non-governmental organisations as the least trusted institution worldwide. The 2012 Edelman Trust Barometer reveals trust in government fell a record nine points to 43% globally, and in 17 of the 25 countries surveyed, government is now trusted by less than half. “Business is now better placed than government to lead the way out of the trust crisis,” said Richard Edelman, President and CEO, Edelman. “But the balance must change so that business is seen both as a force for good and an engine for profit.”

January 22, 2013

Reversal of usual state of affairs as offices turn into homes

by Mark Eltringham • News, Property

After years in which we have gradually seen technology and flexible working practices transform our homes into offices, the UK Government has reversed this apparently natural order of things by introducing legislative changes to the planning system that will allow developers to convert office buildings into blocks of flats without asking councils for planning permission. The intention is to address the UK’s housing shortage and stimulate the economy. It’s also a sign that many offices are empty as both a consequence of the downturn and changes in the way they are designed and used. More →

January 22, 2013

Europe’s commercial property investors opt for safe cities

by Mark Eltringham • News, Property

German cities dominate the investment prospects for Europe’s commercial real estate sector as investors favour safe havens according to a new report – Emerging Trends in Real Estate Europe 2013. Munich tops the league table followed closely by Berlin in second place and Hamburg in fifth position, with investors taking comfort from each of the cities’ strong local micro-economic climate and resilient property market conditions. London, which is seen by many as Europe’s safest investment, is the largest riser in this year’s report taking third position. More →

January 22, 2013

Green retro fitting a ‘best bet’ for 2013

by Sara Bean • Environment, News, Property

EP photo 1

Refurbishing existing buildings to new standards and turning them into good green assets has been identified as one of the best bets for the property sector in the year ahead, according to new research from the Urban Land Institute and PwC. The survey of industry leaders across Europe found the move to ‘reactivate assets’ – refurbish good properties with green credentials – is taking hold. Sustainable properties are increasingly commanding higher rents and values, as governments move to force companies to increase building’s energy efficiency and reduce their environmental footprint.

January 21, 2013

UK’s Centre for Cities launches Outlook 2013 report

by Mark Eltringham • Knowledge, News, Property, Public Sector

The Centre for Cities has today published the latest issue of its flagship Cities Outlook report in conjunction with the Local Government Association. The report has been published annually since 2008, identifying trends and key economic indicators from the UK’s largest cities. This year’s report is extensive in its coverage of a range of issues but focusses on construction, especially of housing, as an engine of growth. Several towns including Milton Keynes, Brighton and Northampton are singled out for their high levels of private sector investment and employment.

January 21, 2013

Business spending to grow for two years, forecast Ernst & Young

by Mark Eltringham • News, Property

Business spending will grow tentatively over the next two years, according to a new report from the ITEM Club, an economic research group established by Ernst & Young. It predicts that overall spending by businesses will grow by just over three per cent this year and a further 8.1 per cent in 2014. This is good news following a number of recent economic forecasts but means that spending will remains some way short of its pre-downturn peak. The ITEM Club also called on the UK Government to do more to stimulate growth. More →

January 21, 2013

Cabinet for Core Cities looks to reshape the English economy

by Mark Eltringham • News, Property, Public Sector

A newly formed Cabinet of Core Cities met for the first time in Liverpool on Friday, seeking to reshape England and call on the Government to work with it to maximise the economic potential of the regions by creating a more balanced economic structure for the country and develop policies that would create jobs and investment. The cities represent the urban centres of Manchester, Nottingham, Newcastle, Birmingham, Leeds, Liverpool, Bristol and Sheffield.

January 18, 2013

Go ahead granted for Manchester Airport business district

by Mark Eltringham • News, Property

The application to build a new business district within the government-designated Airport City enterprise zone in Manchester has been granted outline planning permission by Manchester City Council. The UK coalition government made the area one of its first four “vanguard” enterprise zones in March 2011 to provide fastrack planning and tax breaks to encourage rapid development. The application involves the creation of 113,400 sq. m. of office space, 49,000 sq. m. of industrial units, and 5,800 sq. m. of retail and leisure facilities on the outskirts of Manchester. The £650 million scheme is anticipated to create over 11,000 jobs over the next 15 years.