April 15, 2024

Half of bosses now live in fear that AI could steal their jobs

Hundreds of UK chief executives believe that artificial intelligence (AI) could steal their job, underlining widespread fears over the technology’s potential to shake up traditional working models. Nearly half (43 percent) of CEOs said they felt that their job could be at risk due to the technology, according to a new poll from AND Digital. The survey has been published in The CEO Digital Divide: are you accelerating enterprise value or slowing it down [registration], which surveyed 600 global CEOs and was conducted by independent research company Censuswide. More →

April 10, 2024

MIPIM has changed, and mostly for the better

by Anna King • Environment, Features, Property

With an estimated 27,000 delegates from 90 countries, MIPIM is still a force to be reckoned with when it comes to opportunities to network and learn as delegates, with organisations using the week to deliver news, insights and thinking. The theme for MIPIM this year was The Global Urban Community; and it really did feel more international than previous years, the majority of attendees are still from France, Germany and the UK, but there were significant delegations from the United States, Canada, Oman, Egypt and Hong Kong, more from Asia generally and a show stopper from Saudi Arabia, more of which later. More →

April 9, 2024

Microsoft announces new London AI research hub

by Jayne Smith • News, Property, Technology

Microsoft AI is opening a new AI hub in Central London. The firm claims that the new Paddington based centre, dubbed Microsoft AI London will ‘drive pioneering work to advance state-of-the-art language models and their supporting infrastructure, and to create world-class tooling for foundation models’, collaborating closely with AI teams across Microsoft and with its partners, including OpenAI. More →

April 3, 2024

London Mayor sets out ambitious plans for Capital’s growth and reinvention

by Marvin Gort • Cities, News, Property

Sadiq Khan, the Mayor of London, is today launching an ambitious plan aimed at creating 150,000 high-quality, well-paid jobs by 2028. This initiative will be unveiled alongside the shadow chancellor, Rachel Reeves. Reeves will say that a Labour administration intends to reset the relationship between the national government and London, while Khan thinks what is good for London is good for the UK. More →

March 27, 2024

ULI Europe launches PropTech Innovation Challenge 2024

by Freddie Steele • Company news, Environment, Property

Following last year’s pilot, Urban Land Institute (ULI) Europe has launched a second edition of the PropTech Innovation Challenge (PIC), the Young Leaders-led initiative to foster innovation in the built environment and is calling for game changing solutions that meet the challenge of how to substantially reduce carbon emissions. The challenge, which reflects ULI’s mission priorities, and the urgent decarbonisation focus of ULI C Change, is focused specifically on the reduction of Scope 3 emissions for managers and investors and encompasses the indirect but critical emissions that occur throughout the value chain, and which are often overlooked. Indirect emissions arise from activities such as transportation and procurement. More →

March 25, 2024

Biophilic design has a long history and an even bigger future

by Mark Eltringham • Features, Wellbeing, Workplace design

There are plenty of definitions of the modish concept of biophilic design around right now. But perhaps nobody can top that of Erich Fromm, the sociologist and psychoanalyst who first described it in his 1973 book The Anatomy of Human Destructiveness as “The passionate love of life and all that is alive”. More →

March 25, 2024

UK Space Agency announces new headquarters and regional offices

by Neil Franklin • News, Property

The UK Space Agency is opening new headquarters in Harwell, Oxfordshire and regional offices in Scotland, Wales and the Midlands as it works to support the space sector across the UK. According to the government, the expansion will enable the Agency to collaborate more closely with the UK’s space sector, while promoting regional skills and job opportunities to deliver ‘increasingly ambitious missions and capabilities’. As set out in the Space Industrial Plan, the government says it is committed to continuing its support for space clusters across the UK and ‘providing the tools needed to drive collaboration between them and catalyse further investment’. More →

March 21, 2024

Fitwel Announces 2024 Best in Building Health Awards

by Freddie Steele • Environment, News, Wellbeing

Fitwel, the building health certification system, has announced the winners of the 2024 Best in Building Health Awards. The awards are designed to honour the most innovative real estate companies and individuals ‘setting the standard for health and wellbeing in the built environment across the globe, leveraging the trusted Fitwel Standard to enhance quality of life and drive value through design and operational excellence’. This year’s winners include projects from Canada, Spain, Taiwan, the United Kingdom, Thailand, and the United States. More →

March 14, 2024

When the chairs took over the world and what it all meant

by Mark Eltringham • Comment, Facilities management, Furniture, Workplace, Workplace design

Of all the things we buy, with the exception of our clothes, furniture is the most intimate, the one item we spend most time in contact with. According to JG Ballard who dedicated himself to understanding our relationship with the world around us, ‘Furniture constitutes an external constellation of our skin areas and body postures’. Whether he would have recognised it as such, Ballard was a pioneer of the principle we now refer to as psychogeography, defined by one of its founders, Guy Debord, as ‘the study of the precise effects of setting, consciously managed or not, acting directly on the mood and behaviour of the individual’. More →

March 14, 2024

Potential of AI is putting a smile on the faces of optimistic CEOs

by Jayne Smith • Business, News, Technology

The CEOs of the world’s largest companies are increasingly optimistic about future growth, with 66 percent highly positive about the global outlook over the next three to five years. This is the headline finding of the second annual Arthur D. Little (ADL) CEO Insights Study, which was launched today. The study found that whatever their strategy or sector, global CEOs are increasing their growth investments. Artificial intelligence (AI) is seen as crucial to growth, with 96 percent of CEOs having already deployed AI in some form, although, demonstrating the early stages of its adoption, just 13 percent have a compelling, enterprise-wide AI strategy in place. More →

March 14, 2024

Moody’s latest firm to quit Canary Wharf for smaller offices in London

by Jayne Smith • News, Property

Credit ratings agency Moody’s is relocating its London headquarters from offices in Canary Wharf to a new location in the City of London. This move adds to the trend of financial firms opting to leave the Docklands district. The company will shift to offices at 10 Gresham Street in 2026, coinciding with the expiration of its lease at One Canada Square, the iconic pyramid-topped skyscraper in the heart of the east London estate. A spokesperson for Moody’s confirmed the selection of the new location, emphasizing that the move is subject to closing. More →

March 14, 2024

Most firms set to invest in AI but half admit they don’t know why or how

by Neil Franklin • Business, News, Technology

A new poll from Orgvue, an organisational design and planning software platform, suggests that businesses continue to ramp up investment in artificial intelligence despite being unclear on its business impact or how to implement it. Four in five (82 percent) of organisations have already invested, with another 33 percent saying they will increase this by more than 50 percent in the coming year. Based on a survey of 1,000 C-suite and senior decision makers at medium and large organisations, the report, Human-first, machine enhanced: the role of AI in workforce transformation, highlights contradictions in the business community concerning technology investment and AI’s impact on the workforce. More →