Search Results for: real estate

Getting back to the future of work

Getting back to the future of work

future of workQuoting George Orwell is the kind of thing that people who haven’t read George Orwell do. I have read Orwell, and even have a  drunken story about Paul Shane signing my copy of the Collected Essays, which was the only autograph-able material I had on me at the time I met him in a pub in about 1990. For another time. In Nineteen Eighty-Four, Orwell describes Winston Smith’s realisation that the best books are those that tell you what you already know. This is an ancient profundity, and one that is sort of useful during times of significant, rapid change, when we are obliged to confront old truths in a new context. History doesn’t repeat itself, it rhymes, as they say. More →

Over two-thirds of office landlords have no sustainability strategy

Over two-thirds of office landlords have no sustainability strategy

The vast majority of UK office landlords do not have a sustainability strategy in place despite evidence showing that it would increase the attractiveness of their properties to tenantsThe vast majority of UK office landlords do not have a sustainability strategy in place despite evidence showing that it would increase the attractiveness of their properties to tenants, according to a new poll commissioned by infinitSpace in partnership with The Instant Group. The survey defined a strategy as several policies with an overall aim to reduce greenhouse emissions and/or promote environmentally friendly practices. More →

Biophilic office design has a clear business case, report claims

Biophilic office design has a clear business case, report claims

A new report, Reap What You Sow: Valuing Workplaces that Grow Good Ideas from PLP Labs sets out to explain the process of measuring and monetising the wellbeing and environmental value of biophilic office design.A new report, Reap What You Sow: Valuing Workplaces that Grow Good Ideas from PLP Labs sets out to explain the process of measuring and monetising the wellbeing and environmental value of biophilic office design. The report argues that in corporate real estate, the environment impacts the bottom line. PLP’s study – run in collaboration with academics from Loughborough University, the University of Reading, and Benholm claims to enable real estate clients to fairly evaluate the worth of investing in nature alongside other project costs. More →

Employers gain nearly two weeks extra work a year from hybrid workers

Employers gain nearly two weeks extra work a year from hybrid workers

Analysis by  workplace consultancy Advanced Workplace Associates (AWA) claims that on average hybrid workers deliver nearly two extra weeks of work a year for their employerAnalysis by  workplace consultancy Advanced Workplace Associates (AWA) claims that on average hybrid workers deliver nearly two extra weeks of work a year for their employer as well as working harder and better in a hybrid environment.  The results of the analysis — which shows the benefits of hybrid working for organisations — are a combination of academic research and studies by AWA itself. They are included in AWA’s latest report, ‘Why Employers Benefit From Hybrid Working’, which also found that employees often work better when in a distraction-free environment, with more than half their time dedicated to working alone or focussed work. More →

Global prime office costs rise slightly, but flatline in London and New York

Global prime office costs rise slightly, but flatline in London and New York

Prime office costs rise an average of 1.1 percent across the world’s top markets but stay level in London and New YorkSavills latest global Prime Office Costs (SPOC) analysis has revealed that pricing for prime top-tier offices around the world has largely held steady during the first quarter of 2023, with net effective costs – the ‘all in’ cost for occupiers – increasing an average of 1.1 percent. More →

Hybrid working is the new normal and is here to stay, report claimzzzz

Hybrid working is the new normal and is here to stay, report claimzzzz

Mace has published a new report into workplace trends which claims that hybrid working with a collaborative central space is (brace yourselves) the new normal for a preferred post-pandemic working styleMace has published a new report into workplace trends which claims that hybrid working with a collaborative central space is (brace yourselves) the new normal for a preferred post-pandemic working style. The Mace Operate Workplace Survey looked at the enduring role of a central office for businesses and considered what an office space needs to offer in an era of hybrid working. The majority of respondents (87 percent) said that interaction with people and workplace culture are the main benefits of going to the office with employees and employers seeing eye-to-eye on the need for collaboration for motivation, resilience and effective hybrid working. More →

The need for reimagination in an age of uncertainty

The need for reimagination in an age of uncertainty

Since we are now very much in the age of uncertainty being the new certainty, with all the old playbooks out the window and no cookie cutter approach in the ways we work, since one size doesn’t fit all – what the hell do we do?Since we are now very much in the age of uncertainty being the new certainty, with all the old playbooks out the window and no cookie cutter approach in the ways we work, since one size doesn’t fit all – what the hell do we do? Curl up in a ball and die? Go into panic mode and go around shouting ‘We’re doomed! We’re doomed’ manically? Or just ostrich the problem and hope it all goes away or at least reverts back to how it was before? More →

The five ages of the office and the man who shaped the way we talk about them

The five ages of the office and the man who shaped the way we talk about them

Pioneering SAS office complex in StockholmThe office has passed through five ages. The ‘coffee houses’ of the 17th century, yielded to the ‘clerical factories’ of the 19th as machines revolutionised work. After the Second World War, the ‘corporate offices’ of global corporations and William Whyte’s Organization Man dominated the scene. Following the launch of IBM’s PC in the early-1980s, we saw the rise of ‘digital offices’ in the 1990s, complete with internet, email and social media. And for the past few years we have been moving inexorably towards the latest age: ‘network offices’. Each age was shorter than its predecessor: both the digital and network ages began less than a career span ago. More →

“Flexible working has been introduced very inflexibly”: IN conversation with Jeremy Myerson

“Flexible working has been introduced very inflexibly”: IN conversation with Jeremy Myerson

Jeremy Myerson in conversation about his new book, an inflexible form of flexible working and a great relearningOne of the latest people to invent activity-based working is a sociologist, who combined it with the similarly familiar hub and spoke office model on her substack as a solution to the Great Office Problem and as a way of implementing flexible working. She’s not the first and is a less surprising pioneer of a decades old model than some other people who should really know better. That includes an architectural practice who came up with the idea earlier this year and whose name escapes me. More →

Only one in eight office occupiers think their property aligns with their business objectives

Only one in eight office occupiers think their property aligns with their business objectives

Only around 14 percent of office occupiers believe their existing workspace portfolios align completely with their business objectives,Only around 14 percent of office occupiers believe their existing workspace portfolios align completely with their business objectives, according to a new report on the future of the office by the Urban Land Institute and The Instant Group. The ‘state of flux’ identified in the report suggests that while the office is ‘here to stay’, the sector is bracing itself for a profound shift.  Two thirds (62 percent) of office landlords expect a decrease in capital values with the current valuation model and less than 2 percent of asset owners feel they have the required capex to respond to occupier and ESG legislation-related requirements. More →

Office market continues to fail on environmental standards …. say landlords

Office market continues to fail on environmental standards …. say landlords

A new survey that explores the state of sustainability within the UK office market, jointly commissioned by infinitSpace and The Instant Group, claims that the office market is falling behind on environmental policiesA new survey that explores the state of sustainability within the UK office market, jointly commissioned by infinitSpace and The Instant Group, claims that the office market is falling behind on environmental policies. The poll of 250 landlords suggests that almost half (47 percent) of landlords believe the office market is lagging behind other areas of the property sector in implementing/adopting environmental policies.  The same number say they can’t ‘go it alone’ with 47 percent of landlords agreeing they need help in shaping environmental policies. At the same time, 84 percent of landlords report a vacancy rate of 30 percent and above as average among their office building portfolio. More →

More than one in three Americans fear artificial intelligence could take their jobs

More than one in three Americans fear artificial intelligence could take their jobs

A survey of 3,000 employees across the United States has shed light on the extent to which workers are concerned about the growth of artificial intelligence (AI) and its impact on their job securityA survey of 3,000 employees across the United States has shed light on the extent to which workers are concerned about the growth of artificial intelligence (AI) and its impact on their job security. The research, carried out by FreelanceWritingJobs.com, claims that just over 1 in 3 (35 percent) Americans are worried about the possibility of AI making their professions redundant. More →