October 26, 2018
Flexible workspace market in Asia-Pacific outpaces global markets
The flexible workspace market in Asia-Pacific has been the fastest growing in the world over the past 12 months, according to a new study from Instant Offices. Supply of flex centres in the regions key cities has grown consistently above 15 percent with the only inhibitor to growth being a lack of available space for expansion. Supply of flex space increased by 16 percent over the last year with an estimated 8,600 centres now providing flexible office solutions across the APAC region. This influx of capital to the flex market, alongside increasing levels of demand from clients for flexible offices, has enabled rapid expansion in a short period of time. Of the 10 largest global markets for flexible office space, which incorporates co-working, executive suites, serviced offices and hybrid space, six now fall within Asia Pacific.
Almost half of UK bosses admit they’ve felt forced to compromise their own health and wellbeing as a result of pressure at work, new research from Vistage has claimed. According to the study, 40 percent of business leaders say the demands of work have caused stress in their personal lives, while nearly a third say they frequently have to work through illness rather than taking the time they need to recover. While a quarter of business leaders say they’ve sought outside help to strike a better balance between their work and personal life, many more are choosing to suffer on in silence while their health and relationships suffer. 
London’s office market continues to attract occupiers and investors, despite political and economic uncertainty JLL’s recent Central London offices seminar revealed. The event highlighted the strength of the capital’s office market where Central London has seen sustained levels of both leasing and investment activity so far in 2018 and JLL anticipates that the final numbers will match, if not exceed those recorded in 2017. Take-up of offices across Central London reached 8.3m sq ft at the end of Q3 2018, with 3.1m sq ft leased in the West End and 4.5m sq ft in the City.
Despite political and economic uncertainly and the aftermath of the global monetary crisis in 2008, London remains a leading global financial centre, with nearly a quarter (24 percent) of the capital’s office take-up attributed to banking and finance occupiers over the last ten years. London is by far the most active banking centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. 
Under half (47 percent) of British managers ‘completely agree’ that they would recommend their workplace to others, lagging behind other countries, such as Austria (66 percent), Finland (53 percent), Switzerland (53 percent), and France (51 percent). This is according to a Cornerstone OnDemand and IDC survey of over 1,900 European HR, IT and line of business managers, 
October 26, 2018
We need to move on from the stigma of mental health to finding solutions
by Gary Helm • Comment, Wellbeing
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