Search Results for: cities

The death of the office has been overstated but it is changing, study confirms

The death of the office has been overstated but it is changing, study confirms

Death of the officeThe implications for the property industry of more efficient space planning models and the uptake of flexible working are laid bare in a new report from planning and design consultancy Nathaniel, Lichfield and Partners (NLP). The headline figure from the report, Workspace Futures: The changing dynamics of office locations is that the office stock in England and Wales rose by 17 percent in the twelve years to 2012 while the numbers of office based staff increased by around 21 percent. The report includes details on how these trends affect 11 key locations including Manchester, Cambridge, Bristol, Newcastle and Reading and concludes that while ‘the death of the office has been largely overstated’, the market is undergoing structural changes that need to be addressed by developers and government.

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The world’s enduring addiction to the joy and misery of commuting

CommutingCommuting is one of the most complained about yet least explored facets of our working lives. This is in spite of the fact that it consumes so much of people’s time, energy and money, is presented as one of the main arguments for more flexible working practices and is so closely linked to our wellbeing. Yet the half a billion – and growing – commuters worldwide could be forgiven for assuming nobody is really that much interested in the effects of their daily grind into work, especially when you consider the attention given to other workplace issues. Douglas Langmead in his feature on page 32 of the new issue of Work&Place does his bit to redress this imbalance with a fascinating look at commuting in the rapidly developing and endlessly fascinating economies of the United Arab Emirates.

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Half of people say flexible work is a key consideration when changing jobs

Half of people say flexible work is a key consideration when changing jobs 0

Over half of workers say flexible work is a key consideration when changing jobsThe days when staff would commit to a business for life and be chained to a desk for upwards of 10 hours per day are long gone, as today’s employees increasingly seek flexible work. According to a survey of over 1,000 UK workers by PageGroup, 26 percent of people would cite flexible working as the most important consideration for their next job, compared to 18 percent who cited it as a primary consideration in their current role. Across all age categories, respondents are more motivated by the opportunity to work flexibly than they were at the start of their career, with 57 percent of respondents highlighting this as a key motivator. Forward-thinking organisations, particularly the media and tech start-ups typified by those based at London’s Silicon Roundabout, are now high on the wish list for candidates.

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A preview of this year’s Milan International Furniture Fair 0

Milan International Furniture FairOne of the least remarked upon consequences of the digital revolution of the past two decades has been its impact on the world of exhibitions. Not so long ago, these were one of the few ways people had of finding out about new products, firms, services and technologies. Now we can find as much as we would like about all of that kind of thing at any time, and so the exhibition has had to adopt a new role. In many ways, the changing role of shows has followed the same trajectory as that of offices. Far from becoming irrelevant or extinct, as some people predicted, they have instead developed a new prominence as platforms for new ideas, the sharing of information, meeting new people and reacquainting ourselves with old friends in the analogue world.

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New UK Green Building Council Chief Executive lists challenges ahead

New chief executive of UK-GBC spells out challenges aheadJulie Hirigoyen, the former UK Head of Sustainability for property consultants JLL takes over today as the new Chief Executive of the UK Green Building Council. Hirigoyen was previously Managing Director and founding partner of Upstream, a leading sustainability strategy consultancy, acquired by JLL in 2007. She said of her new role today: “Buildings and cities are at the heart of what we need to change if we are to achieve sustainable development. There’s been a huge increase in the importance of this agenda, since when I first started out, we were knocking on closed doors. But we must not kid ourselves – we are only at the early stages of the journey. We are still exceeding the limits of the planet, there are still very few genuinely net positive buildings or companies out there, and we are not achieving sustainability as a scientific concept yet – there is much more to do.”

Digital sector set to become ‘pivotal’ in Middle East over next five years

Dubai Perfect CityDeloitte has launched a new report into the Technology, Media and Telecommunications sector in the Middle East. Deloitte predicts that 2015 will be ‘pivotal’ for Digital Islamic Services as they start to take off across the Middle East region. The report estimates that within the next three to four years the region’s digital economy will nearly double in size from around US$15 billion currently to around $30 billion by 2018. The predictions are based on hundreds of discussions with industry executives, analysts and commentators, along with tens of thousands of individual interviews. The report also predicts that Gulf Cooperation Council (GCC) countries will make significant open data advancements in 2015, and within the next three to five years, break into the top half of countries ranked the most ‘open’ in the world.

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London remains world’s most expensive city in which to live and work

Commuters walking into the central financial business district of London's DocklandsLondon has retained its place as the world’s most expensive city for businesses to accommodate their employees. But according to the latest analysis from Savills, Hong Kong and New York are closing the price gap. The three cities have dominated the Savills Live/Work Index since its launch in 2008 and form a tight group of world class cities where it now costs over US$110,000 per employee per year to rent typical office and living space. London is now 7.3 percent cheaper in dollar terms than in June 2014, while 4th placed Paris has slipped below the US$100,000 per employee threshold for the first time since mid-2012 as a result of rental falls, dollar appreciation and euro weakness. Meanwhile, fuelled by an improving US economy and tech industry expansion, San Francisco has outpaced all other cities in the live/work index, with growth in rent and other real estate costs of 55.1 percent since 2008.

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Internet of Things will connect ten billion devices over next five years

Internet_of_ThingsA new study from technology market research firm Gartner predicts a near tenfold increase over the next five years in the number of devices connected through the Internet of Things. The study, Smart Cities Will Include 10 Billion Things by 2020 — Start Now to Plan, Engage and Position Offerings, claims that there are currently just over a billion connected devices worldwide but that by 202, the number will rise to 9.7 billion. The key driver for the uptake of these devices will be the new generation of  smart cities which rely on sensors embedded in infrastructure to allow authorities to monitor activities such as traffic levels, availability of car parking, the use of energy in street lighting and so on. The idea is that the sensors deliver real time data to allow planners and administrators to make better decisions about resources and infrastructure.

Six key workplace and property announcements from this week’s budget

BudgetIn yesterday’s budget announcement, the Chancellor maintained the Government’s focus on regional devolution and investment in both physical and digital infrastructure. In truth, there was little surprising in the announcements, many of which had been signalled in advance and were rooted in existing policies. Some of them arrived fully formed, such as the devolution of powers related to business rates. Others, including the much talked about and overdue investment in regional infrastructure such as the cross country fast rail link, were fleshed out. Given that this is a budget with both eyes on the forthcoming general election, it’s a shame that some announcements lacked detail. Here are six of the key announcements that will affect the workplace, technology and property sectors.

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What the colonisation of new domains tells us about how we work

40-Leadenhall-StreetHeadlines about the world’s accelerating taste for skyscrapers tend to be dominated by the big numbers. This is a world in which size is important, but get behind the focus on height and you find some very interesting data about the rapid and significant changes in what these tall buildings are actually for and how this chimes with broader changes in the way we create and use workplace and shared spaces. According to the most recent annual report on the world’s skyscrapers from the Council on Tall Buildings and Urban Habitat, last year was a record breaker with 97 new skyscrapers completed globally. The devil here is in the detail. While the world’s tallest new building was One World Trade centre in New York, the overwhelming majority of new skyscrapers are to be found in Asia generally and China in particular.

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Budget to focus on flexible working, broadband and regional economy

flexible workingAccording to reports in today’s Times, two of the key commitments in this week’s budget announcement will be a commitment to the development of the UK’s technological infrastructure as well as more details on plans for the UK’s regional economies. What is telling about both is they signal an overdue recognition that the vast majority of the UK’s inhabitants don’t live in London and even those that do find it increasingly unaffordable and unattractive. Accordingly, the first communities to be targeted for superfast and ultrafast broadband will be those in the remotest parts of the country, which until now have been those most at risk of being in the slow lane of technological developments. The Times reports that until now about 1.5 million homes were due to miss out on a pledge to give 95 per cent of people access to fast internet by 2017.

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Edinburgh and Manchester top UK’s regional commercial property markets

With 2015 set to be a ‘stellar year’ for regional city growth, commercial property adviser GVA has compiled key statistics on Grade A office markets for the top nine UK cities. Manchester and Edinburgh topped the charts in terms of Grade A take-up in 2014, on 401,406 sq ft and 333,351 sq ft respectively, while Newcastle was at the bottom on 64,000 sq ft, just behind Liverpool on 67,199 sq ft. Edinburgh and Glasgow led the way in terms of immediately available space and Edinburgh also saw the largest leasing transaction in 2014 with the 108,564sqft deal signed by Standard Life Investment. Manchester (614,000) and Leeds (487,650 sq ft) top the heap in terms of Grade A space under construction. Meanwhile Manchester and Birmingham top the prime rent pile at £32 and £30 per sq ft for prime Grade A space respectively.

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