Search Results for: wework

Six hour working day + WeWork London plans + Megacities & COP21 0

Insight_twitter_logo_2In this week’s newsletter; Mark Eltringham argues the six hour working day is a deeply conservative idea, dressed up in radical clothing; Matias Rodsevic says it’s important to understand what employee engagement actually means and Darren Bilsborough identifies seven separate layers or “skins” of workplace productivity. As COP21 gets underway, there’s evidence that Megacities are taking the lead in climate action, WeWork unveils its latest plans to dominate London; three new reports reveal technological confusion in the workplace; and a study says the Government’s challenge is how best to match its commitments with its resources. You can also download the new issue of Work&Place and access our first Insight Briefing, produced in partnership with Connection, which looks at agile working in the public sector. Visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

WeWork announces latest plans to dominate London’s commercial property scene

WeWork announces latest plans to dominate London’s commercial property scene 0

wework-moorgate-london-4Coworking giant WeWork has announced three new deals as it seeks to become the major player in London’s commercial property market. The firm, founded by Adam Neumann in New York in 2010, has made no secret of its plans for London as we reported earlier this year. The office space provider already has six London locations which it lets out to members (not tenants) who have access to the network of 57 locations in 17 countries on flexible terms via an app. According to a report published this week in Estates Gazette it is now set to add another 1 million sq. ft. to its portfolio in the capital with locations on City Road, Waterhouse Square and Docklands. The plans were announced to coincide with the launch of its largest London centre at Moor Square designed by Oktra. The company has also announced that it intends to launch its WeLive residential property concept in London in the near future following its successful launch in New York.

Coworking juggernaut WeWork announces plans to dominate London

Coworking juggernaut WeWork announces plans to dominate London

wework-soho-london-1Earlier this month, US based coworking juggernaut WeWork announced that it had opened the UK’s largest space of its kind in Moorgate in East London. Now, according to a report in the journal CoStar, the firm is looking to become a major tenant in the commercial property market in London in the same way that it has come to dominate Manhattan. According to the report, WeWork is looking to acquire over 1 million sq. ft. of space in the capital over the next 18 months as it seeks to provide coworking space for its growing customer base of young creative and technology businesses and other start ups. If it succeeds in finding the space it wants, the firm will have quadrupled the commercial property it occupies in London to 1.5 million sq. ft. WeWork is already Manhattan’s largest tenant and is now valued at $10 billion, having started in 2010.

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Reviving flexible workspaces – a guide to saving failing operations

Reviving flexible workspaces – a guide to saving failing operations

Landlords and operators of flexible workspaces need to ensure that what they offer is meeting customer demands says Calum RussellThe landscape of flexible working has witnessed unprecedented growth, spurred by the evolving needs of businesses in the aftermath of the pandemic. Despite the economic turbulence of 2023, the flexible office market has remained strong in the UK, achieving a record overall occupancy of 83 percent in the same year. As the demand for adaptable and collaborative working environments continues to rise, landlords and operators of flexible workspaces need to ensure that what they offer is meeting customer demands. Given the number of notable operator closures, many landlords are beginning to find themselves at the forefront of decisions about managing and revitalising failing operations. More →

Lab rats – how the UK life sciences sector is struggling to find space to work

Lab rats – how the UK life sciences sector is struggling to find space to work

The UK wants to build on its already successful position as a globally important player in the life sciences and pharma sectors. Yet it is struggling to create enough space for growth in the right places and having to rethink wher research and innovation takes place In November 2023, plans to turn part of a golf course next to a motorway into a £340 million science park were refused by South Oxfordshire District Council. Although now classified as greenbelt, the location was the site of a landfill as recently as the 1990s and is just a stone’s throw from both the A40 trunk road and M40 motorway. The developers are expected to appeal. Whatever the details of this story, it is an example of how challenging it can be to meet demand for lab and life sciences space in the so-called Golden Triangle of London, Oxford and Cambridge in the South of England. This lack of supply is acting as a brake on the UK Government’s dream of making the country a “science superpower”. More →

Growth of serviced office market doesn’t mean it has bounced back

Growth of serviced office market doesn’t mean it has bounced back

An analysis of the UK serviced office market from Sirius Property Finance, claims that while the sector is set to grow by 17 percent in 2023, a growing acceptance of remote working means it is still struggling to match its pre-pandemic highs.An analysis of the UK serviced office market from Sirius Property Finance, claims that while the sector is set to grow by 17 percent in 2023, a growing appetite for remote working means it is still struggling to match its pre-pandemic highs. More →

Workspace Design Show goes from strength to strength this year with visitor numbers up by 76 percent

Workspace Design Show goes from strength to strength this year with visitor numbers up by 76 percent

The Workspace Design Show returned to the Business Design Centre from 27- 28 February 2023, with exhibitors and visitors alike hailing it as a must-attend addition to the trade show calendarThe Workspace Design Show returned to the Business Design Centre from 27- 28 February 2023, with exhibitors and visitors alike hailing it as a must-attend addition to the trade show calendar and a place where the workplace community can come together to be inspired and network. The overarching theme for this year’s show was Destination Workplace: Places Where People Want To Be, exploring how to create environments where employees have a desirable experience at their workplaces. More →

Less than a third of businesses know how energy efficient their office is

Less than a third of businesses know how energy efficient their office is

A surprisingly high proportion of UK businesses are unaware of new environmental legislation concerning the energy efficiency of their buildings, or how even how energy efficient they are in the first placeA surprisingly high proportion of UK businesses are unaware of new environmental legislation concerning the energy efficiency of their buildings, or even how energy efficient they are in the first place, according to a new survey commissioned by Irwin Mitchell: Redefining the Office – A report on office occupier trends in 2023.  The new Minimum Energy Efficiency Standards (MEES) legislation means that from 1st April 2023, property owners must not continue to let properties that have an EPC rating of F or G (unless they have an exemption) and all let properties will need to have a minimum EPC rating of E. More →

What to expect at next week’s Workspace Design Show

What to expect at next week’s Workspace Design Show

With only a few days until The Workspace Design Show returns to London’s Business Design Centre, on 27-28 February 2023, here is a taste of what to expec With only a few days until The Workspace Design Show returns to London’s Business Design Centre, on 27-28 February 2023, here is a taste of what to expect. The show brings together striking features, a thought-provoking programme of talks featuring a whole host of speakers, from developers to architects and their blue-chip clients, along with accomplished exhibitors showcasing the latest workplace interiors innovations. All of this incredible content aligns perfectly with the show’s theme, Destination Workplace: Places Where People Want To Be. More →

Lambeth plans major expansion in sustainable office space

Lambeth plans major expansion in sustainable office space

Lambeth plans major investment in sustainable office developmentsLambeth is set for London’s biggest increase in sustainable office space over the next decade with an estimated six million square feet of extra space for business set to be created. A report commissioned by Lambeth Council details this expansion, how it supports the borough’s growth priorities and delivers space fit for the future of work. The report ‘Lambeth: The Future of Sustainable Work’ sets out how expansion supports the council’s bold ambitions to foster well-paid jobs in growth sectors for the borough’s young people, to achieve its Net Zero by 2030 outcome and to create an environment for local entrepreneurs to flourish. More →

Workspace Design Show announces inspiring speaker line-up for 2023

Workspace Design Show announces inspiring speaker line-up for 2023

A photo from the 2021 Workspace Design Show conferenceThe Workspace Design Show returns for the second time, unveiling an exciting speaker line-up as part of its 2023 edition. Taking place once again at London’s Business Design Centre, the show brings together the UK’s workplace interiors community to explore the experience of tomorrow’s workspaces. The show will take place from 27- 28 February 2023, with the theme being Destination Workplace: Places Where People Want To Be. One of the highlights from the inaugural 2022 edition was the Show’s talks programme, which was well received by the workplace design community. More →

Major new report offers snapshot of hybrid and remote work debate in the US

Major new report offers snapshot of hybrid and remote work debate in the US

Two colleagues in a coworking space to illustrate how hybrid and remote work is changingOwl Labs and Global Workplace Analytics have just released their sixth annual State of Remote Work report. Based on a survey of over 2,300 full-time workers across the United States, the report reveals the latest trends and perspectives on a range of issues from remote work and hybrid work, trust, intent to move, training offered, workplace redesign, intent and reasons for quitting, technology needs, employee surveillance, the 4-day workweek, and more.

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