Search Results for: business

London’s West End confirmed as world’s most expensive office location

by • Knowledge, News, Property

C4G1T6A new report from Cushman and Wakefield has confirmed the results of an earlier study from DTZ that London’s West End is the world’s most expensive office location. According to the property services firm the West End has overtaken Hong Kong’s central business district for the first time since 2008 because of rent increases of 2 per cent fuelled by a shortage of appropriate space. According to the report occupiers now pay as much as £169 per square foot to occupy the best West End office space including rent, service charges and taxes. rents went up around the world by an average of 3 per cent, driven by rapidly growing markets, especially in South America.

Long awaited plans submitted for Smithfield development

by • Architecture, Flooring, Furniture, News, Property, Workplace design

SmithfieldThe controversial and long-awaited plans for the redevelopment of the derelict sections of Smithfield in London have been submitted by Henederson Global Investors.  While the existing meat market will remain untouched, the £160m plan for the rest of the site includes the refurbishment of the former General Market, Fish Market and Red House Buildings, as well as the original engine house.  Originally built between 1886 and 1883 by the architect of Tower Bridge Horace Jones, the historic site has been the subject of previous proposals including a controversial scheme by architects KPF which was thrown out after a 4 year battle in 2008. More →

Flexible working seen as of more benefit to employers than staff

by • Knowledge, Legal news, News, Technology, Workplace

Flexible working

Nine in ten UK professionals think that flexible working will become the dominant employment model – but half think it will be adopted for business reasons rather than to benefit the workforce. According to research from specialist HR recruiter Ortus, just one in ten professionals (12 per cent) actually deem flexible working to be a vital benefit – lower than the proportion who said a free company mobile phone is vital to them. And just 1 in 10 said they thought it was being implemented to help with gender equality. In the survey conducted among 450 professionals across a variety of sectors, 51 one per cent felt the reason behind the growth of flexible working is efficiency and productivity – not to help people manage the number of hours they work. More →

Global corporates boosting social media engagement

by • News, Technology, Workplace

social media

The massive rise in prominence of social media has led many major global organisations to increase their so far limited investment into social channels such as LinkedIn, Twitter and Facebook in order to attract and engage talent. Senior Resourcing and HR directors at a recent roundtable event facilitated by hyphen, the recruitment process outsourcer agreed that social media is fast becoming a critical part of the recruitment and employee engagement tool kit as major organisations adapt to the new digital age – and this investment is starting to drive internal change towards a focus on digital within organisations. More →

Net-Zero buildings top measure of sustainability success

by • Architecture, Environment, News, Property, Workplace design

the Crystal

Net-zero commercial buildings, i.e. those that produce at least as much energy as they consume should be the long-term aim of corporate energy strategies, says a CoreNet Global statement. “Smart and responsible energy policies and practices reduce corporate carbon footprints and greenhouse gas emissions, (and) we encourage our members’ companies to drive energy efficiency to optimal levels with net-zero buildings as a top measure of long-term success.” The global real estate association calls on governments around the world to incentivise building owners, investors and occupiers who proactively reduce their carbon footprints. More →

Whatever the office of the future is, it should be there to serve people

Whatever the office of the future is, it should be there to serve people

by • Comment, Facilities management, Furniture, Technology, Workplace, Workplace design

Larkin BuildingFuturology is notoriously a mug’s game. Especially when it comes to making predictions about technology. Just ask Ken Olson, the founder of DEC who in 1977 pronounced that ‘there is no reason anyone would want a computer in their home’. Or Bill Gates himself who once claimed that Microsoft ‘will never make a 32 bit operating system’. But that shouldn’t make us blind to those predictions that we know will largely come true, not least those based on what we know is happening in the present. This is typified by research carried out by Cass Business School and Henley Business School and presented in a book called Future Work: How Businesses Can Adapt and Thrive in the New World of Work. It found that two-thirds of the 360 managers it surveyed believe that there would be a revolution in working practices over the coming decade. Ninety per cent said that staff were more productive when empowered to decide when and where and how to work.

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Plenty of innovation in Stockholm. Just ignore the price of beer.

by • Comment, Events, Facilities management, Furniture, Lighting, Products, Workplace design

Nendo Stockholm

They say first impressions count so after landing in Stockholm it was a shame that mine veered towards a personal negative rather than a positive when I discovered that my hotel room interior was purer in design than a polar bear’s coat. To a problem solving mind like mine, this didn’t add up. Surely the cold climate would venture towards a more luxurious, cosy and comforting aesthetic. My second impression inevitably arrived courtesy of a local bar. I could have sworn I’d ordered a 40cl beer rather than the bottle of Bolly the bill suggested. So with those problems dismissed from my mind, it was heartening that the rest of the trip to the Stockholm Furniture and Light Fair was roundly positive.

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Consolidation of state properties boosts London economy by £3.5bn

by • Property, Public Sector

Whitehall,_LondonAccording to a new report from property consultancy Knight Frank into the impact of the Government’s policy of consolidating and improving the management of the public sector estate in London, the economy has been boosted by as much as £3.5 billion. The study has reviewed the results of the work carried out by the Cabinet Office’s Efficiency and Reform Group at 16 properties in central London including the Department for Business, Innovation and Skills, the Department for International Development, the Land Registry and the Crown Prosecution Service. Many of these sites were seen as dated and have now been redeveloped for use by other organisations. More →

What Ronald McDonald can teach us about office design

by • Comment, Furniture, Workplace design

McDonalds1As the UK continues to agonise over the potentially equine provenance of many of its beef products, one firm that has managed to stay above it all is McDonald’s. While rivals Burger King quickly became embroiled in the scandal after traces of horsemeat were found in its Burgers, McDonalds ramped up its claims in the national media that it only uses 100 per cent beef. McDonald’s has had a pretty good couple of years, and not all of it is down to the food. During 2012, the company spent $1.45bn this year on giving 2,400 stores a makeover. It claims that it has now revamped 90 per cent of its UK stores. More →

British Land named Carbon Champion at CIBSE awards

by • Environment, Facilities management, Lighting, News, Property, Technology

British Land

British Land has been named Carbon Champion of Year in the Chartered Institution of Building Services Engineers (CIBSE) Building Performance Awards 2013. The awards recognise building performance excellence in 12 categories, with other winners including Max Fordham, Norland, Atkins and London 2012 Olympic and Paralympic Games. The CIBSE awards recognise and celebrate the best performance, innovation and practice in design, commissioning, construction, installation and operation of sustainable buildings and the manufacturers whose technologies enable energy efficiency. More →

Workers’ attitudes to data theft at odds with employers’

by • Legal news, News, Technology, Workplace

data theft

Half of employees who left or lost their jobs in the last 12 months kept confidential corporate data, according to a global survey from Symantec and 40 percent plan to use it in their new jobs. The results show that employees’ attitudes and beliefs about intellectual property (IP) theft are at odds with the vast majority of company policies. Employees not only think it is acceptable to take and use IP when they leave, but also that companies don’t care. The survey reveals 62 percent believe it is acceptable to transfer documents to PCs, tablets, smartphones or file sharing applications and the majority never delete the data they’ve moved because they do not see any harm in keeping it.
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Final approval given to scheme for London’s ‘Scalpel’ tower

by • Architecture, News, Property

ScalpelThe Greater London Authority (GLA) has published its Stage 2 Report into the building nicknamed ‘The Scalpel’ – but more properly described as the 38-storey headquarters for US insurance business W. R. Berkley Corporation. The Report approves the scheme for the building in Lime Street which was granted planning consent 3 weeks ago and will incorporate over 500,000 sq ft of commercial space. The Tower, designed by Kohn Pedersen Fox will create 7,700 sq ft of new public space at street level, over 1,000 sq ft of retail space and a new 10,000 sq ft restaurant below-ground. The development is funded by W. R. Berkley, who will occupy around a quarter of the intended office space.

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