Search Results for: investment

Condeco and iOffice + SpaceIQ announce merger

Condeco and iOffice + SpaceIQ announce merger

Investment firm Thoma Bravo has announced the merger of Condeco, a provider of workspace scheduling software with workplace and asset management firm iOffice + SpaceIQ to create a new business called Eptura. The firm claims that the “strategic combination creates a global worktech leader that provides software solutions to power the modern workplace”. The merger follows previously announced investments in Condeco and iOffice + SpaceIQ by Thoma Bravo and JMI Equity, who will remain the primary investors in Eptura. Terms of the transaction have not been disclosed. More →

Digital twin in Birmingham will drive innovation and clean energy in the city

Digital twin in Birmingham will drive innovation and clean energy in the city

digital twin birminghamA digital twin that can comprehensively model and test pathways to clean energy and net zero emissions in East Birmingham is being planned in a partnership between the University of Birmingham, Birmingham City Council and Siemens. A feasibility study has been commissioned which demonstrates how a virtual representation of the energy and transport infrastructure within East Birmingham and Tyseley Environmental Enterprise District (TEED) will help to outline pathways for decarbonisation. 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

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 →

Lack of training in communication is setting up line managers to fail

Lack of training in communication is setting up line managers to fail

A new report from the Chartered Institute of Public Relations’ (CIPR) Inside Group claims that while the successful running of any organisation relies on effective line manager communication, and this is a high HR priority, designated line managers are ultimately being “set up to fail” through a lack of specific communications training. The report – ‘Effective line manager communications’ – surveyed line managers, HR professionals, and internal communicators, and it showed a clear mismatch between the expectations of line managers and the support provided. 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

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 →

Two-thirds of European SMEs are unprepared for hybrid working

Two-thirds of European SMEs are unprepared for hybrid working

hybrid workingA new poll from Dynabook Europe claims that many European small and medium sized enterprises are still grappling with the challenges of hybrid working, with two-thirds (67 percent) yet to fully optimise their IT solutions for this. The study, commissioned by Dynabook in partnership with Walnut Unlimited, surveyed 1,202 IT decision-makers at SMEs across the UK, France, Germany, Spain, Netherlands, Belgium and Italy. More →

Skills gap is the most prominent hiring challenge facing HR leaders

Skills gap is the most prominent hiring challenge facing HR leaders

skills gapNew research from ECI Partners, a private equity firm, suggests that HR leaders believe the most prominent hiring challenge they currently face is a lack of technical skills and knowledge. Nearly a fifth (18.3 percent) of managers said this was their single biggest obstacle, highlighting the growing concern over the UK’s skills gap. The current labour shortages prompted by a range of factors including Brexit and Covid-19, appear to have further widened the skills gap for recruiters. More →

Mindspace opens new Berlin flex office in renovated department store

Mindspace opens new Berlin flex office in renovated department store

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 →

Zumtobel create a consistent corporate identity with light

Zumtobel create a consistent corporate identity with light

Zumtobel The Zumtobel MIREL and PANOS infinity luminaires have been chosen for the latest FinTrU office refurbishment. A good brand provides a distinct experience and evokes emotion from its customers, which is why a business needs to care about branding all the way through to its interior spaces. Extending branding to the working environment helps staff and customers understand who the company is and what makes them unique. FinTrU, a multi-award-winning company specialising in the areas of KYC, Compliance, Legal, Risk & Controls, and Operations, works with Investment Banks around the globe designing technology-enabled solutions to help its clients meet their regulatory obligations. More →

ESG: only a third of people think their workplace has a positive impact on society and the environment

ESG: only a third of people think their workplace has a positive impact on society and the environment

ESGAccording to a poll from YuLife and YouGov, just over a third (39 percent) of people think their place of work has some sort of positive impact on society and the planet. This is in spite of the many announcements from organisations about how ESG (environmental, social, and corporate governance) can boost employee engagement and help them stand out from their competitors. With many businesses having upped their ESG investment in recent years,  the new YuLife-YouGov report claims to shed light on what UK working adults want and expect from their workplaces, equipping businesses with vital insights into how to focus their ESG programmes most effectively. More →

Nudge theory doesn’t work after all, but we shouldn’t discard the idea completely

Nudge theory doesn’t work after all, but we shouldn’t discard the idea completely

nudge theoryAt the end of last year (2021), there was lots of excitement about the first comprehensive analysis of past research on techniques designed to change people’s behaviour (known as “nudging”), confidently showing that they work. This was great news for researchers, but also for governments across the world who have invested in “nudge units” that use such methods. Nudge theory aims to influence people to make better decisions. For example, authorities may set a “better” choice, such as donating your organs, as a default. Or they could make a healthy food option more attractive through labelling. More →

Commercial real estate enters downturn in UK, claims RICS

Commercial real estate enters downturn in UK, claims RICS

commercial real estateThe UK’s commercial real estate market is entering or might already be in a downturn, according to an industry survey from the Royal Institute of Chartered Surveyors. As higher interest rates push up investors’ financing costs and economic sentiment takes a dive, 43 percent of respondents to its quarterly commercial property survey thought the sector was in the early stages of a downturn, and a further 10 percent thought it was in the middle of one. By contrast, three months ago 53 percent said the sector was in the early or middle stages of an upturn, a proportion that has now slumped to 22 percent. More →