September 4, 2019

Wellbeing depends on workplace basics more than trivial features

by Neil Franklin • News, Wellbeing, Workplace design

A new report supports the idea that when it comes to the workplace and the effect it has on personal wellbeing and productivity, employees want the basics first. According to the Workplace Wellness Study published by Future Workplace, a New York-based research firm, and office technology provider View, the most highly prized features of an office are good air quality, access to natural light, and an ability to personalise immediate workspace. More →

August 29, 2019

Coworking continues to reshape property markets worldwide

by Neil Franklin • Coworking, News, Property

Against a global backdrop of diminishing business confidence and a weaker outlook for economic growth, a robust labour market in the world’s largest economies continues to underpin demand for office space with high employment levels prevalent across a number of major markets. Demand continues to be driven by the knowledge economy, with the coworking boom continuing to broaden its reach across major markets, forcing traditional landlords to adapt their offering in order to best accommodate existing and potential occupiers. More →

August 15, 2019

Reasons to be agile, part three

by Sarah Booth • Comment, Workplace design

The Agile Manife st o, published in 2001, signalled a shift in approach to workplace design as well as technology. Though the document was conceived as a guide to speeding up software development, its contents have gone on to inform how organisations think and operate in ways that extend far beyond IT. “Build projects around motivated individuals. Give them the environment and support they need, and trust them to get the job done.” That’s the fifth of 12 ‘principles’ in the manifesto. More →

August 14, 2019

London commercial property market continues to thrive

by Neil Franklin • News, Property

July saw some of the largest deals complete in central London this year, says Savills, with a total of £1.394bn transacted in the West End and the City of London across 13 deals, representing a 185 percent increase on the £489m transacted in June. The real estate adviser highlights the low exchange rate coupled with high demand as the key factors behind the ongoing drive for deals in the London commercial property market. More →

August 7, 2019

One in ten firms sued for business rates arrears

by Neil Franklin • News, Property

Around one in ten businesses in England were sued by their local authorities over the past year for failing to pay rising business rates, new data suggests. According to real estate consultancy Altus Group, around 750 businesses were sued each working day. The real estate group said the figures highlight the cost pressures on UK businesses, as the occupies of around 190,000 commercial properties came to court over the non-payment of rates during the last financial year. The report claims that the occupiers and owners of offices, shops, pubs and restaurants have called for cuts to business rates. According to Altus Group, the standard rate of tax, which applies to all medium and large premises in England with a rateable value of more than £51,000, rose by 2.4 percent on 1 April 2019. More →

July 31, 2019

Flexible offices continue to dominate UK property market

by Neil Franklin • Coworking, News, Property

Take-up across the UK’s ‘Big Nine’ regional office markets rose to 2.3 million square feet during second quarter of 2019 according to the latest market update from property advisors Avison Young. This is up ten percent up on a 10-year average, with activity was skewed towards flexible offices, larger deals, city centres and the technology media and telecoms sector. More →

July 24, 2019

Agile working? This is Frank’s World and the rest of us just live in it

by Mark Eltringham • Comment, Facilities management, Flexible working, Technology, Workplace design

James Joyce had a word for moments of insight when we see right through convention and suddenly appreciate how things really are. He called such moments epiphanies. Such a flash of insight happened to me three or four years ago in Texas. I had been explaining to the partners of a very large international client how they could use their office space more effectively. Since these partners were rightly concerned with driving down occupancy costs, including rent, property taxes, service charges and energy costs throughout all their operations everywhere, my proposals were very acceptable. More →

July 24, 2019

Commercial property sector shifts focus to wellbeing in response to tenant demands

by Mark Eltringham • News

A new report from the Urban Land Institute (ULI), claims that the wave of interest in wellbeing in the UK is expected to translate into significant investment from the commercial property sector over the next three years. The report, Picture of health: the growing role of wellbeing in commercial real estate investment decision-making, has been published by the ULI UK Sustainability Forum to highlight the rise of wellbeing investment in commercial buildings. The report from ULI UK was sponsored by E.ON and addresses questions about the investment case for incorporating wellbeing into buildings and how to measure its impact. More →

July 17, 2019

CoreNet Global Summit to focus on workplace experiences

by Freddie Steele • Company news, Events, Property

Corporate real estate and workplace association CoreNet Global has announced that its Global Summit taking place in Amsterdam in September will examine the role that corporate real estate can play in leading, creating and fostering experiences that enable business success. The Summit, Amsterdam, which takes place this September, expects to bring together more than 650 corporate real estate executives, 100 speakers across 50 sessions. More →

July 12, 2019

A life after carbon for the built environment

by Peter Plastrik and John Cleveland • Cities, Environment, Features, Technology

A new urban model is emerging worldwide – transforming the way cities design and use physical space, generate economic wealth, consume and dispose of resources, exploit and sustain the natural ecosystems they need, and prepare for the future. This emerging new urban paradigm has profound implications for players who care about and depend on the design of a city’s built infrastructure – including architects, engineers, builders, real estate developers, and office building tenants. More →

July 11, 2019

Commercial property investors losing appetite for UK

by Freddie Steele • News, Property

Enthusiasm among international investors for the UK commercial property market has continued to wane over the past quarter, according to BrickVest’s latest commercial property investment barometer. According to the data ,capturing the views of over 6000 international professional real estate investors, only 27 percent view the UK as their preferred market, a 4 percent fall in the past 12 months. More →

July 5, 2019

NeoCon marks a transitional year in 2019

by Anna King • Features, Workplace design

Chicago, considered the home for the modern workplace by many, played host once again to the 51st edition of NeoCon at The Merchandise Mart. The Mart, as is it affectionately known, is itself an interesting building; a vast space of 25 floors, it spans two city blocks and was the largest building in the world when it opened in 1930. More →