April 8, 2013

One St Paul’s offices attracts “new type” of City tenant

by Sara Bean • Architecture, Facilities management, News, Property

A marketing campaign aimed at attracting non-traditional City occupiers appears to have paid off, with the entire 60,000 sqft office element of One St Paul’s in the City of London being let to a single tenant. Genesis Oil and Gas Consultants Ltd has agreed a 15-year lease for all six storeys of bespoke office space, and will take possession upon handover of the building works during the summer of 2013, with the aim of moving its headquarters in the autumn. The deal marks the culmination of AXA Real Estate’s reworking of the property as a major mixed-use redevelopment scheme.

April 8, 2013

Winners announced for 2013 real estate thought leadership

by Sara Bean • Environment, Facilities management, News, Property

An organisation that helps businesses set up or expand their offices in the San Francisco Bay Area and Google’s campaign to source more sustainable building materials are amongst the initiatives which have been recognized in CoreNet’s awards for Industry Excellence, Economic Development and Sustainable Leadership. Fidelity, Panasonic, Google, the Brick City Development Corporation and the San Francisco Center for Economic Development are all named as winners for three annual best practices awards by the corporate real estate (CRE) and workplace association. The awards are presented each year to industry leaders who demonstrate best-in-class practices in advancing corporate real estate thought leadership. More →

March 26, 2013

Global wellness hampered by lack of staff participation

by Sara Bean • Knowledge, News, Workplace

The latest in a surfeit of surveys into employee wellness has found that wellness programmes may be firmly on the global business agenda, but there remains a major problem in persuading the most unfit and least healthy members of the workplace to participate. A whopping 95 per cent of organizations say they are implementing a wellness strategy, but according to the 2013 Global Workplace Health & Wellness Report, by Global Corporate Challenge (GCC) employee participation is another matter, with wellness initiatives achieving less than 20 per cent participation on average, well short of organizations’ 60 per cent participation goals. More →

February 6, 2013

Work-life balance proposals could cause employers to wobble

by Sara Bean • Legal news, News, Workplace

flexible work

Employment experts have raised concerns on the impact on employers of the Children and Families Bill, announced by the government this week, which introduces shared parental leave and extends the right to request flexible working to all employees. The idea behind the reforms is to give parents greater flexibility about how they ‘mix and match’ care of their child but Jonathan Exten-Wright, Partner from DLA Piper said: “Employers would no doubt welcome further guidance on how the new shared leave should operate in practice.”

January 30, 2013

Employers overlook flexible working alternative to redundancy

by Sara Bean • News, Workplace

Flexible

Only 22 per cent of UK managers believe their companies are very effective at redeploying employees rather than making redundancies. And according to new global research it’s a worldwide problem, with almost three in ten employers believing their organisations are “not effective”. Mark Hodgson, practice leader of Talent Management in Right Management UK & Ireland said: “The results suggest that businesses aren’t seeing redeployment as a feasible way of making savings and keeping staff. Businesses can’t afford to underestimate the importance of a flexible workforce in this tough economic climate.” More →