Search Results for: commercial

UK built environment is woefully under-prepared for climate change

UK built environment is woefully under-prepared for climate change

New analysis published by UKGBC during the COP28 talks concludes that the UK’s built environment is severely under-equipped to adapt to our changing climate.New analysis published by UKGBC during the COP28 talks concludes that the UK’s built environment is severely under-equipped to adapt to our changing climate. On five out of seven critical climate resilience priorities, UKGBC’s scorecard finds that the Government policies in its Third National Adaptation Programme (NAP3) are insufficient, flawed, or missing, placing millions of homes and buildings – and the lives of people occupying them – at serious risk of damage from climate-related disaster. More →

Flexible workspace market will be worth up to $50bn by end of decade

Flexible workspace market will be worth up to $50bn by end of decade

The worldwide flexible workspace market could exceed between 35 and 50 billion US dollars by 2030, reflecting the growing demand for flexible and agile work environmentsAccording to a new market intelligence report, the worldwide flexible workspace market could exceed between 35 and 50 billion US dollars by 2030, reflecting the growing demand for flexible and agile work environments. The report claims that the escalating demand for flexible workspaces is on the rise, propelled by a heightened desire for convenience and comfort in prime locations such as offices and auditoriums. More →

Demand for sustainable buildings and tight regulations drive business case for investment

Demand for sustainable buildings and tight regulations drive business case for investment

The current economic environment is creating challenges for investors and occupiers to make the case for investing in retrofitting and futureproofing their real estate. JLL’s new The Commercial Case for Making Buildings More Sustainable report outlines three key factors that should be prioritized in occupiers’ and owners’ decision-making to create a more resilient and sustainable built environment. More →

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

To facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectorsTo facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectors, according to a new World Economic Forum report. The Net-Zero Industry Tracker 2023, published in collaboration with Accenture, takes stock of progress towards net-zero emissions for eight industries – steel, cement, aluminium, ammonia, excluding other chemicals, oil and gas, aviation, shipping and trucking – which depend on fossil fuels for 90 percent of their energy demand and pose some of the most technological and capital-intensive decarbonization challenges. More →

The final word on… workplace trends

The final word on… workplace trends

You would not believe the number of firms that ask us to publish a list of workplace trends each week. Or maybe you wouldYou would not believe the number of firms that ask us to publish a list of workplace trends each week. Or maybe you would, given the number that have appeared – and are appearing -elsewhere. Each firm perhaps convinced they are saying something original, unique or interesting, or maybe simply convinced they stand out in some way, while pushing the same timid, stale narratives about the workplace. They will proliferate over the next month or so at the turn of another year. More →

Manchester is now a major draw for office design firms

Manchester is now a major draw for office design firms

Way before the lockdown rewired the whole events scene in cities around the world, I was given a task by an old, now departed, friend. He wanted to explore the possibility of creating something like Clerkenwell Design Week in Manchester. The obvious problem was that, for some of its historic parallels, Manchester isn’t Clerkenwell and it certainly isn’t London. What it particularly lacked for this type of event was a hothouse of office design showrooms sharing space with a youthful community of architects and designers. The ecosystem for such an event didn’t really exist in the same way. More →

People spending more time in offices in search of social interaction

People spending more time in offices in search of social interaction

Office workers now spend more time in the office, with the average creeping up to three and a half days per week compared to three days in 2022, according to a new report from international law firm, Gowling WLG. The report, titled Strategic moves: why the office is now a business-critical decision [registration], surveyed senior representatives responsible for making office lease decisions in companies, and a selection of office workers. It identifies that a more permanent approach to office usage is now emerging, as the shadow of the pandemic recedes, as well as demonstrating the changing metrics being applied by occupiers to decisions relating to premises requirements and the more complex environment for landlord asset management. More →

No one shouted stop, although we all should have seen it coming

No one shouted stop, although we all should have seen it coming

And No One Shouted Stop! seems to me to be an apt phrase to capture these post- pandemic times as we grapple with work and workplace dilemmas. It comes from the little-known but widely acclaimed book of the same name by John Healy. It is set over 50 years ago and it chronicles the decline of an Irish town. The book’s underlying narrative is a train crash happening in slow motion, people see it coming but nobody feels able to stop it. I sincerely hope that this will not prove to be the case for the world of commercial real estate as it grapples with hordes of tenants asking not just ‘where is my office?’ But ‘why do I need an office?’ More →

Bisley launches new showroom in Dubai

Bisley launches new showroom in Dubai

Bisley, the south Wales based office furniture designer and manufacturer, is consolidating its success in the Middle East region with the launch of a new Dubai showroomBisley, the south Wales based office furniture designer and manufacturer, is consolidating its success in the Middle East region with the launch of a new Dubai showroom, the largest showroom in its global portfolio. Located in Dubai’s central business district, the new showroom joins others in Bisley’s global portfolio including New York, Paris, and Dusseldorf, and follows the summer 2023 launch of Bisley’s Manchester showroom, its first in the north of the UK, designed to service significant market growth in the northern and Scottish markets. More →

Green innovator Artus Air secures significant investment to drive next phase of growth

Green innovator Artus Air secures significant investment to drive next phase of growth

BGF, one of the largest and most experienced investors in the UK and Ireland, has completed a multi-million-pound investment in Artus Air Limited (“Artus”)BGF, one of the largest and most experienced investors in the UK and Ireland, has completed a multi-million-pound investment in Artus Air Limited (“Artus”), as part of a wider funding round alongside leading venture capital firm, Par Equity. Artus designs and sells game-changing HVAC (Heating, Ventilation and Air Conditioning) units for buildings, with its innovative, elegant design significantly reducing carbon emissions both by using fewer materials and being more efficient to operate. More →

Financial uncertainty, wellbeing and supply chain disruption revealed as top risk factors 

Financial uncertainty, wellbeing and supply chain disruption revealed as top risk factors 

Companies across the UK are most concerned about the risk of financial uncertainty (34 percent), employee health and wellbeing (31 percent) and supply chain disruption (23 percent) on their businesses over the next 12 monthsAccording to new research by Marsh, an insurance broker and risk advisor, companies across the UK are most concerned about the impact of financial uncertainty (34 percent), employee health and wellbeing (31 percent) and supply chain disruption (23 percent) on their businesses over the next 12 months. The findings come from Marsh’s UK Business Risk Report 2023 [registration], which features data obtained in May and June 2023 from over 2,100 UK businesses with turnover of between £100,000 and £500 million + per year. Now in its third year, the report explores how circumstances over the last 12 months have impacted the business risk appetite and approach to risk management among UK companies, and identifies their priorities for the year ahead.  More →

The challenge for fit-out firms is to deliver best value despite supply chain challenges

The challenge for fit-out firms is to deliver best value despite supply chain challenges

Whilst industry supply and demand dynamics may have found a level of equilibrium since the pandemic, geopolitical tensions, economic disruptions, and an unstable domestic policy environment continue to have an impact on the office fit-out marketThe past year has been a challenging one for London’s commercial fit-out market. Whilst industry supply and demand dynamics may have found a level of equilibrium since the pandemic, geopolitical tensions, economic disruptions, and an unstable domestic policy environment continue to have an impact. In tandem with this, the commercial fit-out market is adapting to changing needs; from accommodating hybrid working models to growing demands for sustainability and reuse, the workplaces of today are ever changing. More →