Search Results for: investment

Hong Kong and London world’s most expensive cities for start ups

Hong KongA new report from property consultants Savills based on the total cost of setting up in business in the world’s major cities has today revealed that Hong Kong is the most expensive of the ten cities in which to locate, with London in second place and New York a close third. The total real estate cost of setting up business in all three cities is now almost three times that in the best priced world capitals, Shanghai and Mumbai. The report will be published in full on the 20th March as The World Cities Review and includes measures of headline rent, tax and other charges.

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Women still making slow progress up the corporate ladder

women at work

More women are making it into senior management roles than at any time since 2010, according to new research published today to mark International Women’s Day, but predictably, progress is slow. The Grant Thornton International Business Report (IBR) finds that globally, 24 per cent of senior management roles are now filled by women, up from 21 per cent in 2012 and 20 per cent in 2011. However, in the G7 group of developed economies just 16 per cent of board members are women. Meanwhile, a report published by Calvert Investments finds that corporate American is still failing to put substantial numbers of women and minorities into board rooms.

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Economic benefits of green buildings highlighted

worldInHands

Green buildings can be delivered at a price comparable to conventional buildings, with investments recouped through operational cost savings and, with the right design features, create a more productive workplace, says the World Green Building Council (WorldGBC). A new report, which looked at the benefits from green buildings received by different stakeholders throughout the life cycle of a building, “synthesizes credible evidence from around the world on green buildings into one collective resource, and the evidence presented highlights that sustainable buildings provide tangible benefits and make clear business sense,” said Jane Henley, CEO of WorldGBC. More →

Staff development still tops European employers’ priorities

Image credit: <a href='https://www.123rf.com/photo_10259161_portrait-of-successful-young-businessman-showing-presentation-in-a-meeting-at-office.html'>logos / 123RF Stock Photo</a>

European employers are still maintaining ambitious staff development plans, despite the gloomier macro-economic climate. According to a study by Aon Hewitt, the proportion of companies that expect to add new jobs in 2012 has increased to 47 per cent, overtaking the number of companies foreseeing a reduction of their workforce (31 per cent). Explained Leonardo Sforza, chair of the European Club for human resources Scientific Committee: “The slow and painful road to economic recovery is not discouraging successful multinationals from continuing to invest in their human capital and from demonstrating the belief that their people remain the most powerful engine for sustainable growth and innovation.” More →

Using the office treadmill to fight the flab

Office treadmill

While shopping recently for a new arm chair, I noticed the prevalence of “snuggle chairs”, marketed as wider than average chairs in which two people can sit cosily together. However, judging by some of the customers checking them out, they appeared much more suitable for use by individuals with a wider girth. You don’t have to people-watch in a furniture store or visit the town of Tamworth, which this weekend the Daily Mail branded ‘”the fattest town in Britain” to notice people are getting fatter. Could a new “office treadmill” help address the obesity problem?

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Long awaited plans submitted for Smithfield development

SmithfieldThe controversial and long-awaited plans for the redevelopment of the derelict sections of Smithfield in London have been submitted by Henederson Global Investors.  While the existing meat market will remain untouched, the £160m plan for the rest of the site includes the refurbishment of the former General Market, Fish Market and Red House Buildings, as well as the original engine house.  Originally built between 1886 and 1883 by the architect of Tower Bridge Horace Jones, the historic site has been the subject of previous proposals including a controversial scheme by architects KPF which was thrown out after a 4 year battle in 2008. More →

Global corporates boosting social media engagement

social media

The massive rise in prominence of social media has led many major global organisations to increase their so far limited investment into social channels such as LinkedIn, Twitter and Facebook in order to attract and engage talent. Senior Resourcing and HR directors at a recent roundtable event facilitated by hyphen, the recruitment process outsourcer agreed that social media is fast becoming a critical part of the recruitment and employee engagement tool kit as major organisations adapt to the new digital age – and this investment is starting to drive internal change towards a focus on digital within organisations. More →

Net-Zero buildings top measure of sustainability success

the Crystal

Net-zero commercial buildings, i.e. those that produce at least as much energy as they consume should be the long-term aim of corporate energy strategies, says a CoreNet Global statement. “Smart and responsible energy policies and practices reduce corporate carbon footprints and greenhouse gas emissions, (and) we encourage our members’ companies to drive energy efficiency to optimal levels with net-zero buildings as a top measure of long-term success.” The global real estate association calls on governments around the world to incentivise building owners, investors and occupiers who proactively reduce their carbon footprints. More →

British investors still see Dubai as an attractive proposition

DubaiBritish investors continue to see the property market in Dubai as a good bet, according to new statistics from the Emirate’s Land Department. Of the $16 billion invested in Dubai properties last year, over $12 billion came from overseas investors. Indians led the field with total investments of $2.5 billion followed by Britons ($1.36 billion) Pakistanis ($1.09 billion) and Russians only $545 million – roughly the amount Roman Abramovich hides in his sock drawer for emergencies.  The department’s director-general, Sultan Butti Bin Mejrin, said this showed how Dubai had recovered from global financial crisis with the help of support from local government.

Renewed drive for equality in UK architecture

RIBA

RIBA (The Royal Institute of British Architects) has restated its commitment to tackling inequality in architecture and the broader construction industry with the creation of a new diversity role. Jane Duncan, RIBA Vice President Practice and Profession has been appointed  RIBA Equality and Diversity Champion to lead a programme of renewed activity to investigate the current causes of inequality in the architecture profession and explore best practice with other occupations. Her appointment is aimed at giving senior support to the work already delivered through Architects for Change, the RIBA’s Equality and Diversity Forum. More →

Crowdfunding could open doors for architects and their clients

Crowdfunding, the practice of investing in projects through the use of a crowd-supported web based fundraising campaign, could be of equal benefit to architects as it is to new business ventures and web-based innovations. According to a white paper by the American Institute of Architects, “Crowdfunding Architecture,” this increasingly popular tool is being used to leverage dedicated internet fundraising websites to provide investment and communications tools to encourage financing for a broad array of projects.

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Cautious welcome for Prime Minister’s green speech

Green economy

Environmental experts have given Prime Minister David Cameron’s speech on Monday, when he reiterated his commitment to a green economy, a cautious welcome. The PM, who has come under some criticism for failing to follow up on his promise to make “this the greenest government ever” gave a short speech at the launch of the Energy Efficiency Mission at the Royal Society in London, where he underlined the Government’s commitment to energy efficiency and said that only the greenest and most energy efficient countries would win the global race. More →