Search Results for: Gen Z

News Corp move marks largest Central London office letting agreement in 8 years

The Place

In the largest letting in Central London to be agreed in the last eight years, News Corp is to move its entire operation to all 17 floors of the Place, next door to the Shard at London Bridge Quarter. The Place, like The Shard, is designed by Renzo Piano and comprises 430,000 sq ft of high quality offices, much of which utilises natural light. The move will see staff of News UK, Dow Jones and HarperCollins housed together for the first time once relocation to the new site begins in the summer of 2014.

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Facilities Show and Facilities Management Association confirm event partnership

Facilities Show Team at ExCeL

The Facilities Management Association (FMA) has signed an exclusive partnership agreement with the organisers of Facilities Show that will see the two organisations collaborate closely for the 2014 event when it moves to London’s ExCeL. The terms of the partnership with organisers UBM Live, will see the FMA continue to play an integral role in the development of the show by once again hosting the FMA Pavilion, a central meeting and networking hub for its members including many of the major TFMs.

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Government report highlights failings in UK public sector procurement

Cheque signingIn the wake of a number of recent procurement failures including the G4S and Serco overcharging fiasco, the UK Government has published a highly critical report of the way it buys some £227 billion of goods and services annually. The report from the Public Administration Committee (PASC) says that in spite of steps to improve procurement which include using better data, aggregating demand across departments and renegotiating with major suppliers, the number of failures remains conspicuously high. The G4S and Serco contracts with the Ministry of Justice, under which payments were made regardless of the service being delivered, are the most high profile examples but the report indicates that problems are widespread.

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Green shoots detected for UK regional office rental markets

Signs of recovery in UK regional office markets

There is evidence of improving fortunes for the UK’s regional office markets, latest figures suggest. CBRE has revealed national rental value grew by 1.7 per cent over the second quarter of this year with offices across all UK regions performing well, and none recording a drop in rents. The highest rate of rental growth over the last twelve months, as we reported earlier this month remains that of Central London at 5 per cent (and 1.7 per cent for the last quarter), but a number of the regions outside London and the South East have started to record rental growth for prime offices, whereas until recently the general trend has been down.

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Active Building Design initiatives announced by New York Mayor

Active design guidelines

The Mayor of New York Michael Bloomburg has announced a series of initiatives to promote physical activity through the design of buildings and public spaces to encourage architects, planners and urban designers help combat obesity in the City. The Center for Active Design, a non-profit organization that promotes changes to the built environment to improve wellness is being created, and the Mayor has issued an Executive Order requiring City agencies use active design strategies when performing new construction and major renovation projects. Two pieces of legislation will promote stairway access in all buildings, with measures such as making stairways more visible to encourage use. More →

FMs must overcome engagement barriers to sustainability implementation

Engagement still barrier to successful sustainability implementation

There is overwhelming support for sustainability to be embedded into business operations, but still some challenges in its successful delivery, according to the 7th annual Sustainability in Facilities Management survey from the British Institute of Facilities Management (BIFM).  Of the top five barriers to implementation success, three related to engagement; engagement overall, amongst senior management and middle management. The report also found that many FMs are not targeting the areas of highest priority relating to behaviours or processes which have the highest impact, but tend to focus on technologies. More →

Dual source lighting schemes illuminate the way ahead for office design

Element790_Siemens2_MToo bright, too dull, too much glare – lighting (alongside air conditioning) is often one of the most contentious factors in a workplace. Office workers need illumination to read, write, type and interact. Yet many workplaces get it wrong and fail to consider the downsides of poor lighting, and as such staff will suffer from eye strain, headaches and postural problems, leading to sick days, not to mention lost productivity and mistakes. Eighty per cent of office workers experience at least one negative effect from poor quality lighting, according to researchers Bruskin Goldring, and 68 per cent of employees complain about the light in their offices, according to a study by the American Society of Interior Designers.

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What Graeme Obree, the Flying Scotsman, can teach us about workplace innovation

What Graeme Obree, the Flying Scotsman can teach us about workplace innovation

Innovation is one of the over-used words in the UK built environment. In fact, it is used so much that its true meaning is being left behind by marketing teams and spin doctors. The real definition is about a new method, idea, product, i.e. some form of technological innovation. Think about the last time you read of a claim for an innovative product, method or management concept. How new was it really? Often ‘innovation’ is more to do with the Emperor’s clothes than an effective new method or a radical product that changes a manufacturing process or reduces carbon, or just makes life and work more efficient. More →

EU opens consultation on reducing the environmental impact of buildings

Report urges EU and members states to use design for public good

The European Commission is gathering views on how to reduce the environmental impacts of buildings. The consultation will focus on resources such as materials (including waste), water and embedded energy and aims to address resource use and related environmental impacts throughout the life-cycle of buildings, from the extraction of building materials to demolition and recycling of materials. James Drinkwater, Senior Policy Advisor for the Europe Regional Network of the World Green Building Council, welcomed the move: “It is incredibly important that the green building movement gets behind this evolution in building policy, and engages with the Commission on what the right strategic direction is going forward.” More →

Fall in sickness absence rates, but mental ill health still major cause

 Sickness absence falls but mental ill health and stress still a problem

Mental health conditions are the single most widespread cause of long-term absence, with more than half (54 per cent) of employers citing non-work related stress, anxiety and depression as a cause of long-term absence. On a more positive note, according to the latest CBI/Pfizer Absence and Workplace Health Survey out today, overall absence from work in the UK has dropped to a new record low. The thirty-year survey found the average absence rate was 5.3 days in 2012, down from 6.5 days in 2010 – saving business £3 billion. However, the report, Fit for Purpose, found overall absences still cost the economy £14 billion a year, according to the ONS. Almost £1.8 billion was lost from an estimated one-in-eight sick days taken for non-genuine reasons, with one in five employers believing employees take “sickies” as an occasional perk. While absence rates in both the public and private sector were down to 6.9 (from 8.1) and 4.9 (from 5.9) days respectively, the report argues more than £1.2 billion a year could be saved if public sector absence levels were brought in line with the private sector average – on top of the £700 million saved from the fall since 2010.

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New joint venture formed to capitalise on booming London Office market

 New joint venture formed to capitalise on thriving London Office market

A 50:50 joint venture partnership to capitalise on the thriving London office market has been formed by Hermes Real Estate Investment Management Ltd and Canada Pension Plan Investment Board. CPPIB is investing £173.9 million to acquire a 50 per cent interest from Hermes’ BT Pension Scheme’s (BTPS) existing portfolio, which comprises 550,000 sq ft of high quality offices, retail and ancillary accommodation, primarily located in London’s West End. Graeme Eadie, Senior Vice-President and Head of Real Estate Investments for CPPIB, said: “We are pleased to be partnering with BTPS and Hermes on this unique opportunity to invest in a high quality, well-diversified portfolio of office properties in prime Central London locations.”

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The challenge in Silicon Alley is providing the right quantity and quality of office space

M4 Silicon AlleyNews emerges from BNP Paribas that the most dynamic occupiers in Western European property markets belong to the technology, media and telecoms (TMT) sector and that the most important market in the region is London. This comes as no surprise given the plans of Google to move to its new home in King’s Cross and the focus on developments in Tech City. But the same hothousing of TMT businesses is also evident in the area Prime Minister David Cameron has referred to as Silicon Alley, a cluster of businesses running alongside the M4 originally clustered between Reading and Swindon but now extending as far as Bristol. Companies that have found a home in the area include the likes of Cisco, Microsoft, Oracle, Ericsson, Vodafone, O2, Citrix, Dell, Huawei, Lexmark, LG, Novell, Nvidia, Panasonic, SAP and Symantec not to mention the countless other smaller businesses, consultants and freelancers that share this hothouse.

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