April 16, 2013
Hong Kong’s pioneering zero carbon building wins innovation award
The Construction Industry Council’s (CIC) Zero Carbon Building (ZCB) in Hong Kong has been awarded Champion of the Innovation Award for the Engineering Industry 2012/2013 by the Hong Kong Institution of Engineers (HKIE). The ZCB, which is the first of its kind in Hong Kong engineered by Arup won the construction category for its integrated innovations, tailored for the city’s sub-tropical climate. It is the first building in Hong Kong to actively feed electricity back to the grid and has BEAM Plus Platinum status – the highest rating for excellent building environmental performance.
April 3, 2013
Office furniture leases are actually readily available
by Steve Russell • Comment, Furniture
The article from John Sacks from 25th March bemoaned the fact that leasing is essentially useless for furniture projects on the basis that no banks are interested in funding such assets. I am delighted to inform John, and more importantly, the broader readership of Office Insight that this assertion couldn’t be further from the truth. The reality is that finance for both pure furniture, and indeed broader fit out projects, is readily available. For some, the significant tax benefits (leasing is 100% tax deductible) are critical, whilst others recognise the importance of retaining capital and making sure cash is deployed effectively, not locked away in furniture, is key.
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