Search Results for: real estate

Crown Estate first national property company to be Living Wage accredited

Crown Estate first national property company to be Living Wage accredited

Living wageThe Crown Estate has become the first national property business to accredit as a Living Wage employer. The Living Wage commitment aims to ensure that everyone working for The Crown Estate, regardless of whether they are permanent employees or contractors, receives a minimum hourly wage of £9.15 per hour in London and £7.85 per hour outside of London, significantly above the national minimum wage of £6.50. The Living Wage is calculated according to the basic cost of living in the UK and is accredited by the national Living Wage Foundation (LWF). A study examining the business benefits of implementing a Living Wage policy in London found that more than 80 per cent of employers believe that the Living Wage had enhanced the quality of the work of their staff, while absenteeism had fallen by approximately 25 per cent.

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The workplace as a strategic resource: a real life CEO’s perspective

NEF today-3 workplace as a strategic resourceRaise your hand if you agree: “The workplace is obviously a strategic resource.” We facilities management professionals know that to be true. But if you often feel like a voice in the wilderness when speaking to anyone other than a fellow workplace professional, you are not alone. For many if not most senior executives, their facilities are a necessary evil that always cost too much. That reality frustrates me as much as it does you. So my colleague Paul Carder and I conducted two extensive research projects in 2012 and 2013 aimed at making the case (mostly to FM professionals themselves) that facilities and workplaces are incredibly strategic – and very poorly understood. And while we’ve gotten a lot of positive feedback about the work, we haven’t seen much change in mindsets, management practices or outcomes.

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New speculative office scheme announced for Slough Trading Estate

New speculative office scheme announced for Slough Trading EstateA new 68,000 sq ft speculative office scheme has been announced for Slough Trading Estate, arguably the most famous trading estate in the country; home to Ricky Gervais’ ‘the Office’. Although Slough began life as an industrial trading estate, it now accommodates  numerous corporate offices, and is one of the UK’s most popular headquarter locations for multinational companies, including Mars, Stanley Black and Decker, O2, and LG. The latest development forms part of the ongoing redevelopment of the Trading Estate to ensure it continues to remain a draw for business. The new site, at 234 Bath Road has already secured planning permission and is due to commence in November with completion set for Spring 2016. According to developer SEGRO the offices will feature large floorplates offering grade A office accommodation ranging in size from 22,000 sq ft – 68,000 sq ft, which can be let to a single company or multiple occupiers. More →

SkyCycle. Great idea, but how realistic is it really?

Cycling in London

 A cycle lane in the sky is a brilliant concept. The very name conjures up visual images of 21st century transport networks that HG Wells might have been proud of. But wedged above the Enfield Town to Liverpool Street line or its equivalent it seems very unlikely. So let’s assume this is an exercise in marketing, making use of good research and creative design as a means to kick start the debate about how we get to work and how we can accommodate more different and more sustainable methods of commuting. And let’s not restrict this to London either. The capital might have more obvious issues, more publicity; a larger than life Mayor; plus too many cycling fatalities, but they are problems shared across the UK.

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Crown Estate in £320m joint venture to redevelop area around Regent Street

St James Market architect's impression-2

The Crown Estate, which manages the Queen’s property portfolio has announced a joint 50/50 – £320 million venture with Canadian real estate company, Oxford Properties. The Crown Estate, which will retain the freehold and take the lead role in the development says the St James’s scheme will provide 210,000 ft2 of prime office and 50,000 ft2 of flagship retail and restaurant space in two blocks located between London’s Regent Street and Haymarket. The project forms part of the Crown Estate’s ten-year investment strategy for St James’s and will transform a run-down back street service yard and taxi ‘rat-run’ with: “a fantastic new amenity for St James’s, revitalising half and acre of public realm and creating a new 10,000 ft2 pedestrian square for world-class business, shopping and dining.” More →

There are thirty-eight ways to win an argument, but this ain’t one

There are thirty-eight ways to win an argument, but this ain’t one

A painting of Socrates to depict the ways we have discussions about the workplace There are 38 ways to win an argument. That is according to the 19th Century German philosopher Arthur Schopenhauer who laid them out in an essay called The Art of Being Right. We’ve probably added a few more since it was published in 1896, but whatever we’ve come up with since probably works on the same basis. Despite the essay’s title, the stratagems are not actually about being right at all, but about winning an argument. More →

Landlords and occupiers must work together to meet climate change challenge

Landlords and occupiers must work together to meet climate change challenge

flexible work and climate changeDisruption, cost, building style, individual goals, responsibility and shared space are cited as the key sustainability challenges for the flexible office sector, according to the latest research report from The Instant Group. But while there is still a lot of work to be done in the sector as the role of the workplace evolves, Instant says that flex operators have an opportunity to lead the way in meeting the challenge of climate change. By creating innovative, low-carbon buildings, curating a clear engagement strategy with occupiers and landlords, and ensuring a low-carbon ambition is understood and adopted by everyone, flex operators can be the first to implement highly sustainable workplaces. More →

Climate change action highlighted by coalition ahead of Cities, Regions and Built Environment Day at COP26

Climate change action highlighted by coalition ahead of Cities, Regions and Built Environment Day at COP26

climate change actionFollowing the sobering message from the IPCC Sixth Assessment Report, a coalition led by C40, the Global Alliance for Building and Construction (GlobalABC), The Resilience Shift, World Business Council for Sustainable Development (WBCSD) and World Green Building Council (WorldGBC) announce #BuildingToCOP26 — a partnership to promote radical collaboration for climate change action ahead of the Cities, Regions and Built Environment Day at COP26. More →

Stronger profit margins and job opportunities as demand for facilities management increases

Stronger profit margins and job opportunities as demand for facilities management increases

facilities managementWorkloads, profit margins and employment opportunities are set to continue to grow for the year ahead due to increasing demand for facilities management services, according to the latest RICS UK Facilities Management Market Survey. More →

Working from home: how far we’ve come and where we might be headed

Working from home: how far we’ve come and where we might be headed

working from home furnitureWe’ve all learnt a great deal about working from home over the past eighteen months. We’ve seen how for some, it can be incredibly beneficial to employees, enabling them to better balance their work and personal lives and can also benefit the company, enabling business as usual during the Covid-19 pandemic, even improving efficiency. It’s also prompted some important conversations about mental health that simply hadn’t been had, normalising the challenges that we all face, especially during lockdowns. More →

Return to office doesn’t mean occupiers have lost sight of flexibility, claims report

Return to office doesn’t mean occupiers have lost sight of flexibility, claims report

return to office is underway

Offices will repopulate over the remainder of this year, led by small companies – those with fewer than 100 employees, according to the EMEA Occupier Survey of 130 companies from real estate advisor CBRE. The survey found that small companies are further advanced in their return to office. Over 80 percent of small companies report all locations are now open. This compares with only a third of the largest companies, although a majority of them have opened more than half of their sites. More →

The future of work will be shaped by the needs of workers

The future of work will be shaped by the needs of workers

The future of work and lifeAs the UK government has withdrawn its advice for employees to work from home, more organisations than ever will be instituting what have become known as hybrid working models: 68 percent globally, according to research from  Steelcase. Definitions of “hybrid work”, however, are often contradicting and unclear – leaving business leaders without definitive guidance about how to approach the future of work. To provide businesses with a more concrete view of what hybrid working looks like in reality, and provide tangible actions to help streamline productivity and collaboration, Steelcase have researched the experiences and needs of workers worldwide in their report: Changing Expectations and the Future of Work. More →

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