Search Results for: wework

Seven stories to get your week off to a flying start

Seven stories to get your week off to a flying start

Why great employees leave great cultures

Are flexible short term leases the new future?

Four mega-trends for the future of work

The revolution will not be transactionalised

Bjarke Ingels joins WeWork as Chief Architect

The road to automation, the joy of work, and the ‘Jen problem’

How Soho House transformed BBC Television Centre (registration required)

Seven workplace stories to round off the week

Seven workplace stories to round off the week

In fairer societies, fewer women enter STEM fields of work

Sexual harassment at work in the era of #MeToo

The impossibility of focusing on two things at once

Robot cities: three urban prototypes for future living

The results of a 2018 global coworking survey

Late risers at increased risk of early death

WeWork to acquire Chinese coworking firm

About time we simply accepted that coworking and flexible working are the new normal

About time we simply accepted that coworking and flexible working are the new normal

Ask someone to list innovative companies which have become notable disruptors in their market and they invariably respond with two names – Uber and Airbnb. That is because both brands are positioned squarely and successfully at the retail consumer: for people who use a taxi or take an occasional short break in a foreign city, they have become the automatic default options. But there is another equally successful business targeting the corporate space, aimed particularly at small businesses and millennial tech start-ups: WeWork. Just like Uber and Airbnb, it is less than a decade old. In that time, WeWork’s ambition of being the world’s leading coworking company has been realised. Championing itself as a disruption revolutionary, it has succeeded more prosaically by ‘creating environments that increase productivity, innovation, and collaboration,’ according to its website. WeWork’s model involves renting office space cheaply via long-term lease contracts. Small units are then re-rented at higher rates to start up companies which are happy to pay a premium because they need very little space.

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Luther, Marx, Engels and a nailed-on manifesto for workplace change

Luther, Marx, Engels and a nailed-on manifesto for workplace change

In October 1517 Martin Luther nailed his Ninety-Five Theses to a church door in Wittenberg, thereby setting in motion the process that we know now as the Reformation. At least since that time, it has been apparent that a revolutionary manifesto needs to be laid at somebody’s door – or nailed to it – at the right moment for it to achieve its aims. Revolutionary manifestos are easy enough to set out, but the tract is nothing without traction.

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Rent falls due to Brexit and concerns about oversupply of serviced offices in London

Rent falls due to Brexit and concerns about oversupply of serviced offices in London

There have been 18 months of faltering net effective rents within the commercial office market in the Capital since the Brexit referendum, with ten of the 18 Central London office submarkets monitored in Cluttons’ latest London Office Market Outlook report registering rent falls in the final quarter of 2017, buoyed by additional incentives such as contributions to fit out costs and even delayed completions becoming commonplace in many locations.  The report also raises concerns about the potential for an oversupply of serviced offices within the Capital. However, despite this and a perception that Central London offices are currently fully prices or possibly over-priced, by both occupiers and domestic investors, London remains a resilient city, continuing to attract high volumes of overseas capital. Employment growth is of course expected to be influenced by both the levels of GDP growth during 2018 and the Brexit divorce proceedings, which in turn will affect rental values. But says the report, aside from concerns over Brexit, there is no evidence from recruitment agencies to suggest a current, or planned exodus of finance and banking professionals from the City.

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Flexible and coworking offices to account for ten percent of UK property market by 2027

Flexible and coworking offices to account for ten percent of UK property market by 2027

Demand for flexible workspace including coworking space soared across the UK during 2017, according to a report from Cushman & Wakefield. The study of the rapidly growing market also claims that WeWork is already the largest single corporate occupier of office space in London, with only the public sector exceeding its scale. In addition, the report also claims that WeWork has taken up more space in London’s key commercial property districts than any other occupier since 2012. According to the report, WeWork has taken up more than twice as much space as Google, which leased 1.3m sq ft over the five-year period, while Amazon and Deutsche Bank leased just over 1 m sq ft and 0.9 m sq ft.

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Seven of the best workplace stories from the last week (or so)

Seven of the best workplace stories from the last week (or so)

The radical idea of a world without jobs

What AI can and can’t do (yet) for your business

WeWork harms 40 percent of coworking spaces in its vicinity

No blind spots in leopards’ eyes: five hopes for Workplace in 2018

Women and men in STEM at odds over workplace equity

Economists grapple with the future of the labour market

Forget Blockchain and Bitcoin, AI is where you should be focussing

Commercial property is undergoing tech disruption, but not as some believe

Commercial property is undergoing tech disruption, but not as some believe

According to a recent report, executives in the commercial property sector have significant reservations about emerging disruptive technologies such as Big Data and predictive analytics, augmented and virtual reality, Blockchain and driverless vehicles, but see huge potential for process automation. Disruption is a strong word.  It conjures up apocalyptic images and radical interventions leaving unrecognisable outcomes in its wake. Big terms like artificial intelligence, Internet of Things (IoT) and big data bring equally big expectations.  For those of us at ground level, it’s hard to see the cumulative impacts of the many changes taking place around us.  It’s also hard not to share the same view expressed above. Future-gazing is nice to a point, but board level conversations like to take signposts from what is actually happening around them as well, and the commercial property sector is no exception. This sector is undergoing profound disruption but not necessarily from Silicon Valley’s headline grabbers.

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Falling supply and growing demand for affordable office space in London is putting undue pressure on SMEs

Falling supply and growing demand for affordable office space in London is putting undue pressure on SMEs

As the pressure grows for small businesses to find affordable workspace in the UK’s capital, the London Assembly has published a new report that looks at ways of addressing the underlying issues, especially a fall in the availability of appropriate space. According to the Assembly, the pressure on affordable workspace for SMEs in London is increasing. Sixteen per cent of industrial land was lost between 2001-2015 and if the trend continues, industrial land in London could fall a third by 2041. In outer London, almost one fifth of workspace could be lost to residential homes and since 2013, the relaxation of permitted development rights has led to the conversion of 1.47 million square metres of office space to residential homes.

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Serviced offices and coworking spaces boom in Manchester in response to growing customer demand

Serviced offices and coworking spaces boom in Manchester in response to growing customer demand

Rising demand from businesses for flexible working space has sparked a boom in the provision of coworking spaces serviced offices in Manchester in 2017, according to the latest office market snapshot by real estate advisors Colliers International. The report showed serviced office providers addressed the need for flexible working from small and growing operators by taking in excess of 100,000 sq ft of space in Manchester in the first three quarters of 2017. Major developments included global co-working specialist WeWork following the opening of its first office outside London at No 1 Spinningfields by adding another 44,000 sq ft at One St Peter’s Square and property developer Allied London launching its own co-working brand All Work & Social to operate alongside WeWork at Spinningfields.

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Seven workplace stories we have been reading this week

Seven workplace stories we have been reading this week

The link between air pollution and worker productivity

Amazon’s wish list for it new HQ and what it means for the future of cities

WeWork in talks to buy £785 million London project

The startup era may be ending in the tech sector

Rocking and rolling with the new era of workplaces

Is Google’s plan for smart cities an attempt to control them?

Offices that embrace the idea of a human workplace

Seven workplace stories you should read this week

Seven workplace stories you should read this week

Poland has a rapidly ageing population but has just cut its state retirement age

Why IBM is bucking the trend and demanding its workers return to the office

US cities are offering all sorts of incentives for Amazon to move there

India is looking to create ten billion sq. ft. of green smart cities

WeWork’s $20 billion punt on the future of work

Does colour really affect the way we think and behave?

The silent killer of productivity and wellbeing is lack of civility