Search Results for: real estate

Prime office rents in London’s West End continue to rise in response to growing demand

Prime office rents in London’s West End continue to rise in response to growing demand

BNP Paribas Real Estate has predicted that super prime office rents in London’s West End could hit £300 per sq ft by December 2024, as it says demand continues to outstrip the constrained supply of spaceBNP Paribas Real Estate has predicted that super prime office rents in London’s West End could hit £300 per sq ft by December 2024, as it says demand continues to outstrip the constrained supply of space. The prediction has been made on the basis of evidence shared by an expert at the firm. BNP Paribas Real Estate West End office agent Simon Knights claims that lettings could see rents for super prime office stock reach highs of “up to £300 per square foot by December 2024” as demand continues to outstrip constrained supply. (more…)

Five reasons why (Framery) office pods help to solve the great workplace debate

Five reasons why (Framery) office pods help to solve the great workplace debate

Here are five reasons why the world’s top companies, including the likes of Tesla, Microsoft, LinkedIn and Puma, are using office pods – and why they will be coming to an office near you.  It’s a fact – pods are taking over the office. In 2010, Framery introduced the first pod to the market and now there are over 200 suppliers globally. Framery, the market leader in this space, was a major pioneer of their development and subsequently has supplied 70 percent of Forbes 100 companies with office pods. (more…)

Bold Founder Caleb Parker to launch space-as-a-service Brave Corporation

Bold Founder Caleb Parker to launch space-as-a-service Brave Corporation

The company says it will target and reposition assets in high demand markets with space-as-a-service led asset management strategiesCaleb Parker, the high profile Founder of Bold has announced the launch of Brave Corporation, a “next generation” real estate company that aims to “bridge the gap between office supply and demand to mitigate the rise of stranded assets amongst the world’s largest asset class”. Brave Corporation will work with investors to “reposition buildings to meet ESG standards and dynamic customer demand” before they risk becoming “stranded”. The company says it will target and reposition assets in high demand markets with space-as-a-service led asset management strategies. (more…)

Projects from Portugal, Belgium and France winners of the 2023 ULI Europe Awards for Excellence   

Projects from Portugal, Belgium and France winners of the 2023 ULI Europe Awards for Excellence   

Three built environment projects that have, respectively, restored an historic market building in Porto, delivered 182 individual school projects in Flanders, and created a hybrid, mixed use flagship development in Paris, have been announced as winners in the 2023 Urban Land Institute (ULI) Europe Awards for ExcellenceThree built environment projects that have, respectively, restored an historic market building in Porto, delivered 182 individual school projects in Flanders, and created a hybrid, mixed use flagship development in Paris, have been announced as winners in the 2023 Urban Land Institute (ULI) Europe Awards for Excellence. The awards set out to recognise outstanding built environment projects in the private, public, and non-profit sectors, celebrating excellence in land use practice across the entire development process, from planning and construction to economics, management, sustainability and resiliency, community impact, and architecture and design. (more…)

Canary in the coal mine: other business districts are watching what happens next for Canary Wharf

Canary in the coal mine: other business districts are watching what happens next for Canary Wharf

Already the symbol of a bygone era, Canary Wharf runs the risk of becoming a relic unless it reinvents itself. And others are watching The first casualties of the already cliched injunction to make offices worth the commute were always going to be the world’s most inaccessible business districts. In the UK the most high profile of these is Canary Wharf, 52 hectares of former wasteland in East London that became a financial powerhouse. Part of the regeneration of the area that began in the 1980s, it became synonymous with the era and with Margaret Thatcher and her reform of the financial services sector. This came to pass even though its most iconic structure One Canada Square was only completed in 1990, shortly after she had left office and shortly before its developer filed for bankruptcy. (more…)

Amsterdam gears up for Workspace Design Show next week

Amsterdam gears up for Workspace Design Show next week

The Workspace Design Show, an event dedicated to the future of workspaces, is taking place for the first time in less than a week from Wednesday 11 October to Thursday 12 October 2023, at the RAI Amsterdam. The event already has a successful London show. This two-day event promises to bring together industry leaders, experts, and innovators to explore the latest trends, insights, and strategies in workplace design and management. Here is a deep dive into the agenda that will be explored in detail at the conference stages next week. All of the panel discussions are free-to-attend; register here for a complimentary visitor pass. (more…)

Sustainability and skills at heart of RICS’ new manifesto for the built environment

Sustainability and skills at heart of RICS’ new manifesto for the built environment

The built environment needs to reflect the change in workforce behaviour and its approach to sustainabilityThe Royal Institution of Chartered Surveyors (RICS) is launching its manifesto for the built environment in the lead-up to the next UK General Election, titled Empowering a Sustainable Future. The UK’s built and natural environments face large-scale challenges ranging from climate change to a cost-of-living crisis. According to the manifesto, endemic skills shortages undermine development in the industry while the workplace has become more fluid post-pandemic, with the built environment needing to reflect the change in workforce behaviour and its approach to sustainability. (more…)

Act now on retrofitting if you want to boost commercial property values, new report argues

Act now on retrofitting if you want to boost commercial property values, new report argues

For European real estate owners and investors already on a journey to net-zero-carbon through retrofitting, upfront spending has the potential for long-term rent and capital-value accumulation, according to a new report from Colliers. Europe’s Renovation Wave [registration] explores the regulatory and societal pressures the authors claim is now driving an era of accelerated asset renovation, and the proactive actions investors, owners and occupiers can take to make sure their assets are not ‘left behind and stranded’ in the race to decarbonise the built environment by 2050. Retrofitting is also the subject of a special supplement published in the new issue of IN Magazine. (more…)

Half of landlords now planning a flexible working offer

Half of landlords now planning a flexible working offer

Over half of UK landlords are planning to independently develop an offering for the growing flexible working market across their portfoliosOver half of UK landlords are planning to independently develop an offering for the growing flexible working market across their portfolios, according to the annual report on the flexible workspace sector by The Instant Group. The 2023 UK State of the Flex Market report [registration] polled more than 200 flex operators and landlords for insights into the sector. Findings also suggest that two-thirds (61 percent) of flex operators intend to increase their footprint in the next two years, while market imbalances in regional hubs, enduring occupancy rates, and surging demand for sustainable buildings all featured prominently in the report. (more…)

Not many people want fully remote work, but nearly everybody wants a better office

Not many people want fully remote work, but nearly everybody wants a better office

Just 7 percent of UK office workers back fully remote work, but eight in ten would like to see significant improvements to their company's office and more support for flexible workingJust 7 percent of UK office workers back fully remote work, but eight in ten would like to see significant improvements to their company’s office and more support for flexible working, according to the Sony State of Offices Report 2023 [registration]. The report from Sony Professional Displays and Solutions Europe suggests that over two fifths (41 percent) of UK office workers still prefer to work from a dedicated company office, and across Europe this trend is even more pronounced with over half (53 percent) favouring office-based work. However, eight in ten (79 percent) in the UK call for improvements to offices, and the tech within them, to better suit their new flexible, asynchronous working styles. (more…)

How to rebuild social connection for high-performance hybrid work: a deep-dive for workplace innovators

How to rebuild social connection for high-performance hybrid work: a deep-dive for workplace innovators

How to Rebuild Social Connection for High-Performance Hybrid Work: A Deep-Dive for Workplace InnovatorsSocial connection is often cited as a justification for return-to-office mandates, many of which are not well received by employees. This suggests that merely spending time in the office isn’t enough to spark the connection that gets ideas flowing, ramps up performance and creates a cohesive culture. So, if physical presence alone isn’t enough to rebuild connection, what is? Workplace innovators exploring the issues around hybrid work now have the opportunity to dig deep and find out.

Tune into HubStar’s upcoming webinar on Thursday September 19th at 4 PM BST for an exploration of the approaches, strategies and tools necessary to rebuild social connection in complex hybrid workplaces.

Workplace innovators are facing the greatest opportunity of our generation to positively disrupt the way we work, but as Einstein said, we can’t solve problems with the same kind of thinking we used to create them.

So what kind of thinking is required to ignite the magic of meaningful connection at work? How do we stop hybrid work strategies from stalling? And, which tools and approaches can help us manage the complexity inherent in new ways of working?

In this 30 minute webinar, you’ll discover:

  • Key trends impacting people, hybrid workplaces and organisational performance in 2023 and beyond
  • A step-by-step framework for overcoming remote working inertia and rebuilding social connection in the office
  • Dynamic Workplace Management: a new framework for positive change across 3 dimensions: people, profit and planet

The webinar will include a live Q&A with the speaker, Jane Young and the VP Product at HubStar, Chris L’Hommedieu.

HubStar is a global company with operations in the US, UK, Europe and APAC. The company provides a next-generation dynamic workplace management platform to drive productivity, collaboration and workplace experience while reducing real estate costs. HubStar helps thousands of teams in over 60 countries create dynamic workplaces. For more information visit hubstar.com

From ego to eco – a universal approach to  workplace transformation

From ego to eco – a universal approach to workplace transformation

Going from ‘ego to eco’ extends beyond the narrow confines of the workplace and our personal and professional lives, additionally it is not just confined to ecology and the environmentYou might quite rightly be thinking about the relevance of such a ‘hippy, dippy’ soundbite on the hard-hitting world of work and the workplace, especially in this climate of uncertainty with a myriad of challenges facing business, the workforce and commercial real estate globally. I first heard the phrase ‘going from ego to eco’ at a series of presentations cum incubator events EverythingOmni ran with participants of all ages/backgrounds/career levels representing 18 countries on the Uncertainty of Work.

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