Search Results for: commercial

Demand for Bristol offices driven by TMT, professional and energy occupiers 0

A rise in the cost of renting commercial property in Bristol is being driven by increased demand from TMT, professional and energy occupiers looking for office space in the city, with take up levels of Bristol city centre offices predicted to reach 800,000 sq ft (74,322 sq m) in 2016. This is 50 percent above the five year average of 533,000 sq ft (49,517 sq m), according to Savills. This influx has resulted in a significant decrease in the supply of city centre Grade A stock, with levels currently at 117,116 sq ft (10,880 sq m). In order to cope with the demand landlords, particularly those with TMT tenants are refurbishing their offices, with the refurbishment/redevelopment pipeline at an estimated 300,000 sq ft (27,871 sq m). Savills notes that as a result of increased demand rental growth has been seen in both Grade A and B stock in Bristol. Refurbished office space is now reaching rents of £27 per sq ft (£291 per sq m) in Grade B stock, just below the headline rent of £28.50 per sq ft (£307 per sq m). It is predicted that in 2017 rents on Grade A space will reach and exceed £30 per sq ft  (£323 per sq m).

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UK digital divide narrows, but major problems remain for homes and offices

UK digital divide narrows, but major problems remain for homes and offices 0

The UK’s patchy and frequently shoddy broadband network has held back the country for a long time. According to a new report from industry regulator Ofcom, however, there are signs of improvement with the number of UK domestic and commercial properties unable to get a decent broadband connection falling by one million over the past year. Even so, around 5 percent of offices and homes are unable to enjoy  broadband speeds over 10 Mbit/s, the speed Ofcom claims is required to meet a typical household’s digital needs.  The findings are part of Ofcom’s Connected Nations 2016 report – an in-depth look at the state of the UK’s telecoms and wireless networks. This year’s report shows good progress on the availability and take-up of communications services, which are crucial to people’s personal and working lives.

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Workplace professionals should look to the consumer sector for boosting engagement

Workplace professionals should look to the consumer sector for boosting engagement 0

Bright Office Lobby

More and more businesses are recognising the power of the workplace experience to drive employee performance and engagement. Global brand Airbnb, for example, has now renamed its head of human resources as “chief employee experience officer.” This is good news for workplace design and management professionals. We are well placed to capitalise on this shift in business opinion, but if we want to make a tangible impact, we need to bring practical solutions to the table. First and foremost, these need to be backed up by research. There have been few studies specifically into what makes a healthy and productive work environment. However, there are a number of research projects that examine how a human being’s surroundings impact their mood and behaviour, and in particular how consumer environments shape customers’ perception of and engagement with a brand. As workplace professionals, we can learn a great deal from this consumer research and this is why workplace design and management teams should look towards consumer-facing industries for inspiration.

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Ten countries including Australia, Canada, Germany, India and US announce plans to recognise zero carbon emissions buildings

Ten countries including Australia, Canada, Germany, India and US announce plans to recognise zero carbon emissions buildings 0

green-building-logoThe World Green Building Council’s goal to ensure that every building produces zero carbon emissions by 2050 took a major step forward this week as Green Building Councils in 10 countries (Australia, Brazil, Canada, France, Germany, India, the Netherlands, South Africa, Sweden, and the US) made progress on their plans to introduce net zero certification or designation schemes within their own countries, at COP22. Specifically, the Green Building Council of Australia, Canada Green Building Council, the German Sustainable Building Council (DGNB), India Green Building Council and the US Green Building Council all announced their intention to introduce schemes that recognise and reward net zero carbon buildings, with some announcing target dates by which they will introduce them. These schemes could be either stand alone net zero certification schemes, or a net zero designation within existing certification schemes.

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When art meets brand; James Burke, Acrylicize in conversation with Roger Beckett

When art meets brand; James Burke, Acrylicize in conversation with Roger Beckett 0

james-burke2

Following on from the successful collaboration between Bisley and Acrylicize during Clerkenwell Design Week 2016, the two organisations will join forces once more for a discussion about the impact art can have in the workplace. James Burke, Co-Founder and Creative Director of Acrylicize, will be joined by Roger Becket, the launch publisher the iconic design publications Design Week and Creative Review,  and most recently founding the international art competition, Pintar Rapidao.

Acrylicize is an Art Collective which examines the relationship between art and brand to design and develop thought provoking and visually exciting statements for, and about, commercial entities and organisations. In the course of his discussion with Roger, James will reveal the creative influences that led him to explore the relationship between art and brand and its commercial currency, sharing insights into some of the high profile projects his team has worked on with brands such as The Office Group, Coca-Cola and Google.

The event takes place at the Bisley showroom in Central London on the 24th November. For further information contact: events@bisley.com or call + 44 (0) 07780 956291

Representation of ethnic minorities in UK boardrooms ‘disproportionately low’

Representation of ethnic minorities in UK boardrooms ‘disproportionately low’ 0

Representation of ethnic minorities in British boardrooms 'disproportionately low'

Ethnic minority representation in the Boardrooms across the FTSE 100 and 250 is disproportionately low and does not reflect the ethnic diversity of either the UK or the stakeholders they seek to engage and represent; a new industry-led review has revealed. Given the fact that the UK will be the most diverse country in Western Europe by 2051, with over 30 percent of the population expected to be comprised of people from ethnic minority or migrant backgrounds, each FTSE 100 Board should have at least one director of colour by 2021, and each FTSE 250 Board by 2024. These are the main recommendations of the Parker Review report, Beyond One by ‘21 which found that out of 1,087 director positions in the FTSE 100, only 8 percent of positions are held by directors of colour, of which 1.5 percent are UK citizens, despite the fact that 14 percent of the total UK population is from a non-white ethnic group (up from 2 percent in 1971).

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Office occupier take up in Edinburgh grows, despite Brexit pessimism

Office occupier take up in Edinburgh grows, despite Brexit pessimism 0

Quartermile 4 offices in EdinburghContrary to the rather less positive outlook predicted for the whole of Scotland, office occupier take up in Edinburgh is on course to defy gloomy Brexit predictions, following a steady third quarter of 2016, according to new statistics published by JLL. In total, 134,462 sq ft of office space, spanning 44 deals, was transacted in Edinburgh between July and September, only marginally down on the previous quarter. Reflecting the rapid growth of Edinburgh’s booming TMT sector, tech companies have accounted for 30 percent of all Edinburgh office take up so far this year, followed by Professional Services at 21 percent. Total take-up for the year to date (Jan – Sept) reached 570,000 sq ft, just 5 per cent behind the transacted space recorded at the same point in 2015, a year which saw the capital’s highest take up since 2001. Responding to the rise of Edinburgh’s tech sector landlords are carrying out refurbishments aimed at appealing to this upcoming market, including Edinburgh’s largest single office building at One Lochrin Square and Greenside, a refurbishment proposed by the Chris Stewart Group.

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UK Green Building Council’s HQ claims to set new environmental standards in office refurbishment

UK Green Building Council’s HQ claims to set new environmental standards in office refurbishment 0

uk-gbc-hqBy achieving the lowest embodied carbon footprint ever recorded for an office refurbishment in the UK, the new headquarters in Central London for the UK Green Building Council is designed to inspire and encourage employers, landlords and occupiers alike to set the bar high when upgrading their office spaces, according to the organisation. It claims that the project is an exemplar for sustainable office refurbishment and features a range of wellbeing measures. UK-GBC says it hopes that this landmark project will also demonstrate that even a 160m² floorspace can deliver commercial, social and environmental value if each decision is challenged and scrutinised. Wellbeing measures have been incorporated into the design in order to improve staff satisfaction, productivity and overall health and wellness. These measures include: a living wall with over 1,500 plants; an innovative ventilation system, which has delivered a 750 percent increase in background fresh air; an automated low-energy LED lighting system; and products and finishes that minimisepollutants from the air.

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Office space sees dip in demand post-Brexit says RICS

Office space sees dip in demand post-Brexit says RICS 0

Office space demand fallsDemand for office space following the Brexit outcome remains flat according to RICS latest UK Commercial Market Survey 2016; and while the overall UK Commercial property market is showing some signs of a return to a more positive mood post-EU referendum, this has been driven mainly by the industrial sector. London and Scotland are lagging behind the rest of the UK, with Scotland seeing the sharpest drop in headline demand with 24 percent more chartered surveyors seeing a fall during Q3. In the capital, demand fell for the second consecutive quarter with offices seeing the most significant dip (22 percent more respondents reported seeing a fall in demand for London office space). Anecdotal evidence suggests that political uncertainty is still having an effect on both these markets. And the survey also found that respondents from German cities have seen enquiries from UK-based firms and expect there to be an increase in relocation away from Britain over the next two years.

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Newsletter: Self-image problem + Top tech trends for 2017 + Offices more productive places? 0

An EMC officeIn this week’s Newsletter; Steven Lambert argues millennials’ love of mod cons may make them dislike noisy open offices; Cathy Hayward describes a tech giant’s One Team approach to workplace management and design; and Mark Eltringham says FM is not alone in thinking that it doesn’t shout loudly enough. The majority of people prefer working in an office; Gartner highlights the top technology trends; a belief Brexit could improve European commercial real estate investment opportunities; and the majority of freelancers don’t want more employment rights. Automation could swallow a sixth of public sector jobs; flexible working behind growing popularity of self-employment; and corporate real estate sector is reducing energy consumption, carbon emissions and water usage. Download our new Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Corporate real estate sector continues to make progress in energy consumption, carbon emissions and water use

Corporate real estate sector continues to make progress in energy consumption, carbon emissions and water use 0

marina_bayThe world’s leading corporate real estate owners and managers are making significant progress in reducing energy consumption, carbon emissions and water usage in their buildings, according to a new report from the Urban Land Institute’s (ULI) Greenprint Center for Building Performance. The Greenprint Performance Report, which measures and tracks the performance of more than 5,400 properties owned by Greenprint’s members, demonstrates a 3.4 percent reduction in energy consumption, a 3.9 percent reduction in carbon emissions and a 4.8 percent reduction in water use between 2014 and 2015. According to the study, since Greenprint started recording building performance in 2009, the energy consumed by members’ properties tracked by Greenprint has dropped 13.7 percent. Carbon emissions from those properties have decreased 16.5 percent; and water usage has dropped by 10.6 percent. The reductions occurred even as building occupancy rose, suggesting that greater space usage does not necessarily cause a decline in building performance.

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Uberification of work + Future of coworking + Quest for productivity

Uberification of work + Future of coworking + Quest for productivity 0

Tower 535 CoworkingIn this week’s Newsletter; Anthony Brown argues Uber’s success lends a name for a process that is reshaping the commercial property sector; Mike James wonders where the gig economy and zero hours contracts are taking us; and Mark Eltringham discusses the interaction of people and technology. Two new reports highlight the growth of the freelance workforce in the UK and US; researchers analyse the impact of coworking from a corporate real estate (CRE) perspective; Barclays presents its vision of the workforce of the future; and Herman Miller unveils a new Aeron chair.  The latest stage of the UK’s BIM Task Group programme is officially launched; responses to a government enquiry reveal the barriers the built environment still presents to disabled people; and a combination of financial, mental and physical health problems affect many workers. Download our new Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.