Search Results for: real estate

WELL certification may boost occupant satisfaction, perceived wellbeing and productivity

WELL certification may boost occupant satisfaction, perceived wellbeing and productivity

by • Company news, Environment, Wellbeing

An illustration of three people celebrating to illustrate their wellbeing A new study claims that WELL certification appears to boost levels of satisfaction and perceptions of health, wellbeing and productivity in people. The study claims to show an increase in occupant satisfaction by nearly 30 percent, as well as occupant perceived well-being scores by 26 percent, mental health by 10 percent and productivity by 10 median points in WELL Certified buildings. More →

The underlying problems with the way we think about work

The underlying problems with the way we think about work

by • Features, Wellbeing, Workplace design

people and workAn idea that has never really gone away, but which seems to be enjoying a new lease of life is the tabula rasa. The conception of people as a blank slate is something a that has crept back into mainstream political and social thought for a variety of reasons. Arguably, it is also behind many of the most misleading notions about work and workplace design, perhaps most importantly that a change to some single element or characteristic of a working environment will lead to a specific outcome in the behaviour of people. More →

Office fit out and rent rises will hit occupiers worldwide this year

Office fit out and rent rises will hit occupiers worldwide this year

by • News, Property, Workplace design

commercial property and office fit outOccupiers around the world are facing a 10 percent increase in office fit out costs with rental rises also squeezing budgets for those in EMEA, according to a new report from Savills. The firm’s Prime Office Costs (SPOC) analysis for Q3 2022 suggests that fit-out costs in key office markets around the world have continued to climb with inflation, rising an average of 10%, with increased rents in many markets also contributing to higher total net effective costs for office occupiers. Overall, the markets which have seen the largest increases in net effective costs (including fit-out costs, rents and other costs) over the quarter are largely clustered in the EMEA region, including Dublin (+7%), London City (+5%), Dubai (+3%), and Berlin (+3%). More →

Demand for sustainable commercial property rises modestly, but supply side still falls short

Demand for sustainable commercial property rises modestly, but supply side still falls short

by • Environment, News, Property

sustainable commercial propertyProgress is being seen in some aspects of the built environment on the drive to be more sustainable, according to the latest annual sustainability report produced by RICS, however the rate of advancement needs to accelerate significantly and become more widespread. The 2022 RICS Sustainability Report, which collated sentiment from almost 4,000 chartered surveyor contributors, around 1200 of which are from the UK, across commercial and construction sectors globally, shows that some improvement in the push for sustainability has been made in the past year, notably in the commercial real estate sector as demand for sustainable commercial property continues to rise. More →

EDGE Valley set to transform Amsterdam business district

EDGE Valley set to transform Amsterdam business district

by • Company news, Property

EDGE ValleyReal estate developer EDGE has announced the official opening of Valley, the high-rise designed by MVRDV, which was recently declared the world’s best new skyscraper by the Emporis Awards. The firm claims that the addition to Amsterdam’s business district will mark a shift in thinking for urban development as a whole, transforming the Zuidas district into a vibrant and lively urban quarter. The fully leased 75.000-square-meter development, was officially opened in the presence of Reinier van Dantzig, Alderman for Housing and Urban Development, Municipality of Amsterdam, the Board of RJB Group of Companies, Winy Maas, Founding Partner at MVRDV, Coen van Oostrom, Founder & CEO of EDGE and all parties involved in the project. More →

Hybrid work may be ‘here to stay’, but the office remains essential for many businesses

Hybrid work may be ‘here to stay’, but the office remains essential for many businesses

by • Flexible working, News, Property, Workplace design

hybrid workingAs businesses continue to evolve their workplaces to best meet the needs of their employees, JLL’s global Future of Work Survey claims that 72 percent of decision makers believe the office is critical to doing business. The research shows that over the next several years companies anticipate hybrid work to become the dominant model and will be looking across their real estate portfolios to re-think their office spaces, invest in new technology, including virtual offices, and prioritise sustainability. More →

Mindspace opens new Berlin flex office in renovated department store

Mindspace opens new Berlin flex office in renovated department store

by • Company news

MIndspace BerlinMindspace is set to open its sixth Berlin flex office, by renovating a former department store in the heart of the city into a new space. Located at Münzstraße 12 / Max-Beer-Straße 2-4 in Berlin, near Alexanderplatz, the global flex office provider’s newest location Mindspace Münzstraße is being built across 4,100 m² and will cover over 700 workstations spanning five floors. Scheduled to open in spring 2023, the building has been part of the WertInvest Group portfolio since 2014 and combines the best inner-city location with an architecture steeped in history. More →

Central London office market take-up returns to pre-Covid levels

Central London office market take-up returns to pre-Covid levels

by • News, Property

central london office marketThe Central London Office leasing market has seen occupiers expanding their footprint at record levels, according to the research from real estate advisor, CBRE. Following what CBRE claims was an unprecedented downturn in activity as a result of the pandemic, Central London office take-up reached 12.7m sq ft for the 12-months to the end of Q2 2022, an increase of 153 percent when compared to the same period last year and 5 percent above the ten-year average. More →

Podcast: the weak arguments in favour of offices and the problem with the future of work

Podcast: the weak arguments in favour of offices and the problem with the future of work

by • Features, Flexible working, Podcasts, Property, Technology, Wellbeing, Workplace design

future of work and real estateMark Eltringham the publisher of Workplace Insight and IN Magazine recently joined Caleb Parker, the founder of Bold, on his Work Bold podcast for an unscripted chat on: the future of work and how it may shape the future of commercial real estate; the reasons why anybody might ever want to go back to an office to work; the problem with weak arguments both for and against offices; and the importance of culture and flexibility rather than fixed times and places of work in determining people’s day to day experiences of work. The prompt for this conversation was the occasional discussion on social media over the past couple of years and a recent article exploring the value of weak ties.  More →

Personal space is not merely an issue of hygiene, but a biological imperative

Personal space is not merely an issue of hygiene, but a biological imperative

by • Comment, Wellbeing, Workplace design

personal space and office designThe current debate about how much space we will need in the office from now on is not new. As with many of the debate’s facets, the point at which we find ourselves has long been our destination. We’re just here earlier than we might have expected. More →

Flex office space market in UK set to increase by half over next four years

Flex office space market in UK set to increase by half over next four years

by • Company news, Property

Instant Group flex officeHybrid working policies are driving demand in the flexible workspace market as companies are using coworking and serviced offices at record levels. In its annual UK Market Update Report, The Instant Group’s data claims that demand for flex office space across the country is up 22 percent in the last 12 months. Cities – such as Leeds and Manchester are leading the way in this increase although there are also signs of a recovery in central London. The size of the space being taken with flex operators has also increased by 44 percent since the pandemic as larger companies incorporate more flexible workspace in their real estate portfolios. More →

The fifteen minute city will transform the way we think about workplaces

The fifteen minute city will transform the way we think about workplaces

by • Cities, Features, Flexible working, Property

Paris fifteen minute cityFor most of history, there have been a small number of immovable truisms that formed the nature of what work is, and how communities form around it. While individuals have long held some agency around the structure and pattern of their work, being present in a communal workplace has been a non-negotiable reality. This need to work from an office comes wed with parallel requirements to help facilitate it. Employees have been willing to strike a compromise between where they wish to live and where they want to work through commutes, with the financial and time cost and associated stress that comes along with it. More →

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