Search Results for: office

Global coalition to create universal standard of property measurement

Global coalition to create universal standard of property measurement

The world’s leading property institutions meet today to create a universal method of measuring property assets. At present, the way property assets – such as an office development is measured, varies widely from country to country. With so many different methods of measurement available, it makes it difficult for those looking to invest in these developments to compare like with like. This confusion can affect property values, lead to errors in financial reporting and, consequentially, undermine market confidence. Headed by RICS, this initial meeting of the International Property Measurement Standards Coalition (IPMSC) is the first step to delivering this consistency.

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Resistance to workplace change marks the passing of the old order

ChangeWhen Vodafone announced in March that the UK’s businesses could save up to £34 billion with the more widespread application of flexible working models, the research to support the claim had two very familiar components. The first was a crystal clear business case, the second an admission that the message was still not quite getting through to those at the top. In fact, Vodafone claimed, around two-thirds of business leaders continue to insist their business can’t afford to reduce the number of workstations they use despite all evidence to the contrary. A third haven’t even considered the idea of reducing the number of workstations they use as a way of cutting costs.

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Dubai developers switch unwanted commercial property projects to other uses

Cups gameThe UK isn’t the only country looking to convert its unwanted office space into other uses. According to a new report from CBRE, the oversupply of new commercial property in Dubai is leading developers to switch the use of projects in the Emirate before they have even finished building them. With occupancy levels already at less than 50 percent in some areas and swathes of new developments coming online thanks to Dubai’s ongoing commitment to a policy of ‘build it and they will come’, developers are taking the decision to convert construction projects to homes or hotels.

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What Søren Kierkegaard can teach us about workplace design and management

KierkegaardSøren Kierkegaard was a Nineteenth Century Danish philosopher and proto-existentialist. Not for him the hazy, romantic ideals of many of his contemporaries. He was one of the thinkers who gave birth to the Twentieth Century with its focus on the individual, reality and life in a sometimes uncaring world, although he was no atheist like many of the true existentialists. If he’s generally well known for anything these days it is for a single quotation that reads like a greeting card aphorism but is no less true for that. He said: ‘Life can only be understood backwards; but it must be lived forwards.’ Looking back can give you a real handle on the present. I moved offices recently and as these things happen, a number of books that I routinely ignore fell open while I was looking for some displacement activity.

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British Land submits plans for London landmark Mayfair scheme

British Land development

British Land has submitted a planning application to Westminster Council for a major new 193,500 sq. ft. mixed use scheme following its acquisition of the Clarges Estate last year. The site totals almost one acre bounding London’s Piccadilly and includes residential, offices and retail. Planning consent for an earlier scheme was granted in April 2011 but the new plans mean the development’s office element will be re-modelled from 91,000 sq. ft. to 47,500 sq. ft to sit on the ground floor and six upper floors with facades to Clarges Street and Bolton Street.

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Corporate culture of presenteeism leads to inequality

 

Corporate cultures celebrate presenteeism

Over half (60 per cent) of senior executives say their productivity would be increased if their organisations played a more active role in helping them balance their work and non-work lives; the majority by 10 to 25 per cent. The research by the Inspire board network and executive search firm Harvey Nash also reveals that male dominated corporate cultures are the biggest barrier to women reaching the board, with over half (52 per cent) believing that today’s corporate cultures which celebrate presenteeism, dramatically reduce the length of time women are prepared stay and develop their career with their employer. More →

Plans for redevelopment of iconic BBC Television Centre confirmed

BBC television centre redesign plans confirmed

Detailed plans to open up and transform the BBC’s Television Centre into a mixed use development including office and studio space for the BBC have been released today. Developers Stanhope and the BBC revealed in February that for the first time, Television Centre will be opened up to the public and the famous forecourt remodelled. The BBC will remain at Television Centre operating studios and BBC Worldwide will consolidate their new home at Television Centre, following refurbishment. The remaining offices are aimed at occupiers in the creative sector. The much loved listed buildings at Television Centre will be retained. More →

Majority of employers support flexible working but perception problems persist

flexible work

As we reported last week, the Millennial generation of workers born in the 80s and 90s would describe work as a “thing rather than a place”, and want more flexibility in where and how they work. While the Yahoo home working ban debate uncovered a lot of exasperation and suspicion towards this trend, it’s interesting to see two separate studies, from the UK and the U.S. that show a far less combative attitude. But, as the U.S study discovered, while a majority of employees enjoyed real productivity benefits from home working, nearly half would still go into the office because it is what is expected of them and a small percentage still go because it gets them out of the house. More →

CIBSE creates diversity panel to reflect varied workforce

Diversity in the workplace

Efforts to encourage a more inclusive culture within the built environment appear to have moved up a gear. RIBA President Angela Brady has voiced concerns on the “gender inequality that continues to pervade the profession,” and now the Chartered Institution of Building Services Engineering (CIBSE) has launched a Diversity Panel. Formed to encourage diversity in all its forms, whether race, gender, age, sexual orientation or disability, it is made up of CIBSE members who are keen to increase the routes to the profession through educational paths and by promoting a diverse workplace. Commented CIBSE: “The employment and retention of a varied workforce is integral to meet the building services engineering skills gap and to therefore improve building performance.” More →

Client focus as crucial as great design says RIBA

The architectural profession can't rely on great design alone, but needs to be more business and client focused

The architectural profession can’t rely on great design alone, but needs to be more business and client focused warns the Royal Institute of British Architects. According to RIBA’s 2012/13 Business Benchmarking Survey, 62 per cent of practices do not have a business plan and, of those that do, only 13 per cent plan beyond one year. Interestingly, the survey also finds that 50 per cent of the profession’s work is won as the result of a direct approach with no competitive process. RIBA President Angela Brady said: “One key element exposed in these latest results is the acute split in business management, profitability and specialisms between large and small practices on how to make the most of their own position in the market place. What is clear is that if growth is on the agenda for a practice, then simply being a great designer, or a good project runner, is unlikely to be enough.” More →

High wire act: balancing attitudes and expectations in the workplace

This week, with some fanfare and a modest splash on social media, CBRE, the Global real estate services provider launched The Workshop Idea. One of its stated aims is the revitalisation of our high streets and, with the introduction of local venues in a number of differing guises, an increase in the degree of choice and flexibility of places in which to work when not travelling into the office. A whitepaper is due out shortly and we will cover this specific initiative once that has been given the proper consideration and thoughtful analysis it deserves. However, it raises some initial thoughts on expectations, attitudes and behaviours that need to be overcome in the way we view our high streets and places of work and the degree to which those who provide services respond.

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Fully mobile workplace for Cisco’s new Singapore regional HQ

Cisco Singapore HQ offers fully flexible working

IT giant Cisco has opened a new regional headquarters in Singapore that features utilisation-based space allocation that for the first time allows all of its staff to work just about anywhere in the building, using whichever kind of mobile device they prefer. The move reflects the findings of Cisco’s recent report which revealed that growing numbers of workers prefer to use an iPad or iPhone rather than a PC. The new offices, located at UE Biz Hub, within the Changi Business Park in Singapore, brings together 1,000 employees from Cisco’s previous four offices around the island and has reduced around 40 per cent of the required workspace.

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