March 30, 2020
The Royal Institution of Chartered Surveyors (RICS) and the International Facility Management Association (IFMA) collaboration are to throw their weight behind an emergency initiative by Leesman, building a global pan-industry response group to the threat posed to the real estate and facilities management industries by Covid-19 and addressing the huge uptake in home working. More →
March 30, 2020
The International WELL Building Institute (IWBI) has announced that it is setting up a task force to reduce the enormous health burden from COVID-19 and other respiratory infections. Its goal is to define the critical role buildings, organisations and communities play in prevention and preparedness, resilience and recovery. The task force’s work will take a broad approach, considering both new and recurring infectious agents that can affect large populations. More →
March 13, 2020
Operational energy consumption in the UK commercial property sector fell by 3.3 percent during 2018/19 compared to the previous year, according to the latest figures from the “in-use” benchmark published by the UK’s Better Building Partnership (BBP). The Real Estate Environmental Benchmark (REEB) compared operational energy performance between 2017/18 and 2018/19, based on 1,038 UK properties covering 11.7m sqm belonging to 31 of the partnership’s 34 member companies. More →
March 9, 2020
Our understanding of the positive contribution a fantastic workplace can make to the people and organisations that inhabit them has come a long way since the Hawthorne experiments almost a hundred years ago. The conclusions of the study were that the physical workplace was a mere hygiene factor, able to make little difference. Claims to its almost mystical powers we frequently hear today would have been unthinkable for the majority of the century that the workplace spent in the shadows. More →
March 4, 2020
Siemens Smart Infrastructure has launched a smart building suite designed to create more efficient and flexible workplaces where people are at the core. The suite of IoT (Internet of Things) enabled devices, applications and services turn offices into a competitive advantage for companies. More →
February 28, 2020
When it comes to creating an office to call home, all of the usual challenges are magnified by several degrees for a company like Siemens. It can’t afford to skimp on the building’s services, green credentials, integrated technology and all-round smartness then hold meaningful conversations on the same subjects with its clients. So, the new Siemens Campus in the Swiss town of Zug has to showcase the best the firm has to offer as well as delivering for the people who work there. More →
February 18, 2020
Rents for new, Grade A office space are likely to rise in many parts of London this year, a property consultancy has predicted. According to Carter Jonas, rents for prime located, new, mid-rise, Grade A space above 5,000 sq ft will typically increase by £1.50 – £2.50 per sq ft per annum by the last quarter of 2020 across most of the London office sub-markets. The forecast increases are being underpinned by continued low vacancy rates and unexpectedly strong demand as business confidence increases following the general election. More →
February 6, 2020
London is set for an increase in commercial property investment in 2020 as international investors target the capital’s high-yielding office market, following the decisive 2019 UK General Election result. According to the latest research from Knight Frank, investors have increased the total capital targeting London commercial assets to £48.4bn, a 21 percent rise on 2019 and £2bn higher than 2018. However, with just £2.3bn of buildings for sale, investors will face strong competition, which is expected to drive values higher in 2020. More →
January 24, 2020
It was management consultant and author Peter Drucker who coined the well-worn maxim that “culture eats strategy for breakfast”. But often it is used in the wrong way. Far from suggesting that culture alone dictates workplace function, he presented culture as a first among equals. A strategy that does not heed culture is more likely to fail. A culture without strategy is prone to go adrift. It is vital for an organisation to be aware of its own culture and subcultures. Without self-awareness, the steps to improve or nuture those within the organisation will be futile. More →
January 21, 2020
It has become vogue to refer to the workplace as being ‘all about people’. It points in all directions at once. Organisations need fit, healthy, happy, skilled, motivated, engaged and purposeful people being (and feeling) productive and doing their best work every day. They want their people working closely together – they’ve spent a lot of time and money drawing in those they feel can contribute to a whole that is other than the sum of the parts. More →
January 20, 2020
The world’s commercial property markets will be defined this year by low interest rates, socially responsible investing, cautious optimism and climate change as well as six other factors according to Avison Young’s 2020 Forecast. The annual report series claims to provide perspective on how global events, trends and indicators impact commercial real estate in a variety of sectors, including capital markets, office, retail, industrial, multi-family and hospitality, among others.
April 8, 2020
Finance leaders gear up for life after lockdown
by Stephen Norris • Comment, Property