Search Results for: future of work

Central London office leases fall by over half in second quarter of 2020

Central London office leases fall by over half in second quarter of 2020

by • News, Property

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…)

People all over the world believe their cities should be smart and sustainable

People all over the world believe their cities should be smart and sustainable

by • Cities, Environment, News

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…)

Containing office costs in the post-lockdown era

Containing office costs in the post-lockdown era

by • Comment, Property

office costs after lockdownAs companies transition back to the office and set out on the road to economic recovery, business leaders are focussed on developing resilient and sustainable strategies. Faced with a new business environment, companies are looking for opportunities to contain office costs, both in the short-term and in the future. Some who have been immune from cost pressures in the past are looking to contain if not reduce costs for the first time. And, after a forced trial of remote working, many are viewing their property portfolio in a new light and questioning whether they are paying for more space than they need. (more…)

Don’t be a commute Canute, Boris

Don’t be a commute Canute, Boris

by • Comment, Flexible working

So, Prime Minister Boris Johnson has told the British people to get back to work by Christmas. This  means that millions would be renewing their season tickets, getting up in darkness to dress up for work, crowding onto those trains, buses and tubes while swaddled in facemasks and battling their way into the office (which for the time being will be a pretty dull experience with social distancing). (more…)

Self-employment is great for wellbeing, not so great for the bank balance

Self-employment is great for wellbeing, not so great for the bank balance

by • News, Wellbeing

In the week the ONS announced that the number of self-employed people in the UK had dropped by 178,000 over the last quarter, a new report from the Joseph Rowntree Foundation and the Institute for Fiscal Study suggests that the growing number of people who turn to self-employment do so despite a drop in their incomes. On average, they earn nearly £500 (30 percent) less a month than they did before falling out of traditional employment. (more…)

Prioritising nature in development could create 395 million new jobs by 2030

Prioritising nature in development could create 395 million new jobs by 2030

by • Environment, News

Mental healthThe global COVID-19 pandemic has caused unprecedented job losses and economic uncertainty. As governments and businesses look to stimulate growth, a new study from the World Economic Forum claims that ‘nature-positive’ solutions can create 395 million jobs by 2030. The Future of Nature and Business Report says this is a $10.1 trillion business opportunity. (more…)

Green Building Council group to develop guidance on renewable energy

Green Building Council group to develop guidance on renewable energy

by • Environment, Facilities management, News

The UK Green Building Council (UKGBC) has announced a new task group which it says will develop guidance on the procurement of renewable energy and carbon offsets for the built environment sector. This work will build on UKGBC’s Net Zero Carbon Buildings Framework, which was developed to ‘build industry consensus on the definition of a net zero carbon building for both construction and operation’. (more…)

The economic challenges of the post lockdown world become clearer

The economic challenges of the post lockdown world become clearer

by • Briefing, Features, Premium Content, Property

There are so many unknowns about the ways in which the Covid-19 pandemic will shape our world in the coming months and years but what it has highlighted are the strengths and weaknesses in the global and UK economy and their implications for the commercial property sector. In its latest white paper, property consultancy and chartered surveyors Bruceshaw examines the macro and micro economic challenges that will shape the property sector for many years to come. (more…)

London tops rank of smartest cities in the world

London tops rank of smartest cities in the world

by • Cities, News

London has once again been declared the smartest city in the world, according to the seventh edition of the IESE Cities in Motion Index 2020. New York takes the second spot, followed by Paris. The top 10 list is rounded out by Tokyo, Reykjavik, Copenhagen, Berlin, Amsterdam, Singapore and Hong Kong. (more…)

Wellbeing of overwhelming majority affected by events of 2020

Wellbeing of overwhelming majority affected by events of 2020

by • News, Wellbeing

wellbeingA new study commissioned by Perkbox of 13,271 employees claims that 93 percent of employees have faced new wellbeing challenges in 2020. The most common being feeling less connected to the company/colleagues, increased loneliness/feelings of isolation and increased financial concerns.  The study looks at the wellbeing impacts of the events of 2020. Nearly 73 percent state that coronavirus has negatively impacted their mental health, followed by Brexit (29 percent) and Black Lives Matter (27 percent). (more…)

COVID anxiety changing commuter travel habits, according to research

COVID anxiety changing commuter travel habits, according to research

by • News, Working culture, Working lives

commutersAround 6 in 10 London commuters will change the way they travel when the return to work begins, research by Addison Lee claims, with COVID-19 safety concerns changing transport demand patterns. (more…)

Recruitment firms remain upbeat about longer term economy

Recruitment firms remain upbeat about longer term economy

by • News, Workplace

recruitmentResearch conducted by Bullhorn, suggests that recruiting professionals are optimistic about COVID-19’s future economic impact. According to Bullhorn’s Global Recruitment Insights and Data (GRID) COVID-19 Impact Survey, only two percent predict a sustained depression that extends past 2021, and more than half (56 percent) expect the economy to improve by the end of the year. (more…)

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