Search Results for: cities

Welsh furniture manufacturer Orangebox have launched Be My Guest, a refuge of calm for the modern workplace.

Welsh furniture manufacturer Orangebox have launched Be My Guest, a refuge of calm for the modern workplace.

by • Company news, Furniture

Be my guest offers space for quiet contemplation or a quiet chat without the need to find a free meeting room or quiet corner.Finding some peace in a busy environment can be the difference between productivity and procrastination. Be my guest offers space for quiet contemplation or a quiet chat without the need to find a free meeting room or quiet corner. And with more people returning to the workplace after WFH, the need for a quiet retreat is increasing. Their most competitively priced phone booth yet, Be my guest highlights the quality and attention to detail for which Orangebox is renowned. By balancing carefully considered design with ease of assembly and cost, form and function have been distilled to its essence, resulting in elegant simplicity and optimal performance. More →

Demand for high quality office space continues to grow worldwide, and so do its costs

Demand for high quality office space continues to grow worldwide, and so do its costs

by • News, Property, Workplace design

Rents for prime office space across the globe rose by 0.3 percent and fit out costs by 0.2 percent in the final quarter of 2024, says SavillsRents for prime office space across the globe rose by 0.3 percent and fit out costs by 0.2 percent in the final quarter of 2024, says Savills, as demand for top quality office space continues to grow in many markets around the world. According to Savills in its latest quarterly Prime Office Costs report, in the fourth quarter of last year, average net effective costs rose slightly, by 0.1 percent, continuing a moderate upwards trend of 1.9 percent over 2024. London (West End), Hong Kong, and New York (Midtown) remain the top three locations in terms of costs of the 35 markets Savills examines. More →

Lack of space continues to hold back a ‘return to office’

Lack of space continues to hold back a ‘return to office’

by • News, Property, Workplace design

Workers are resisting the so-called return to office due to a lack of desk space, following widespread reductions by companies in the wake of CovidWorkers are resisting the so-called return to office due to a lack of desk space, following widespread reductions by companies in the wake of Covid. A fifth of workers cited a shortage of desks and facilities among their top three reasons for avoiding the office, according to a survey by real estate consultancy Remit Consulting. The firm claims that businesses may have scaled back desk numbers too aggressively after the pandemic spurred a rise in home working. More →

Measuring and rewarding what people do at work? It’s a rat trap, baby, and you’ve been caught

Measuring and rewarding what people do at work? It’s a rat trap, baby, and you’ve been caught

by • Features, Wellbeing

 

Life imitates art. Scientists have discovered that lab mice may be conducting their own experiments on us. A paper published in the journal Current Biology speculates that mice seem to be testing their testers. They do this by deviating from simple behaviours such as responding to rewards to work out what might happen. “These mice have a richer internal life than we probably give them credit for,” explained Kishore Kuchibhotla, senior study author and an assistant professor of neuroscience at Johns Hopkins University. “They are not just stimulus response machines. They may have things like strategies.” More →

The bill for upgrading office buildings worldwide could hit £1 trillion

The bill for upgrading office buildings worldwide could hit £1 trillion

by • News

A significant proportion of global office space is at risk of obsolescence, with up to £1 trillion required to revitalise aging office buildingsA significant proportion of global office space is at risk of obsolescence, with up to £1 trillion required to revitalise aging office buildings, according to a new report from real estate firm JLL. The report, titled Opportunity through Obsolescence, sets out to highlight the challenges posed by outdated structures, increasingly stringent regulations, and shifting tenant preferences, but also identifies opportunities for property owners and cities to create long-term value through investment and adaptation. More →

Economic and political uncertainty continue to dampen commercial property market sentiment

Economic and political uncertainty continue to dampen commercial property market sentiment

by • News, Property

The outlook for the European commercial property market is cautiously optimistic despite growing geopolitical uncertainty and concerns about economic growthThe outlook for the European commercial property market is cautiously optimistic despite growing geopolitical uncertainty and concerns about economic growth, with London, Madrid and Paris emerging as the standout performers, according to a new report by PwC and the Urban Land Institute (ULI). The report – Emerging Trends in Real Estate Europe 2025 outlines how market players believe ‘a new normal’ is emerging as valuations have come down and interest rates regain some level of predictability in a market characterised by higher inflation and interest rates, and geopolitical and economic uncertainties. This led to more than 80 percent of survey respondents expecting business confidence and profits to stay the same or rise in 2025, with around half predicting increases in both. More →

Manchester joins Horizon CommuniCity Project

Manchester joins Horizon CommuniCity Project

by • Cities, News

Manchester has become the first UK city outside of London to join the European Union’s CommuniCity initiativeManchester has become the first UK city outside of London to join the European Union’s CommuniCity initiative, a programme designed to empower local people and organisations in developing innovative solutions to social challenges. As the second UK city to participate (following London), Manchester is now part of this three-year initiative led by Horizon Europe, the EU’s primary funding programme for research and innovation. CommuniCity seeks to engage communities, businesses, and organisations to create technical solutions that address social inequalities. More →

US law firms make up two thirds of global law firm office leasing activity

US law firms make up two thirds of global law firm office leasing activity

by • News, Property

Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal marketsNew York accounted for a third of all leasing activity globally in the legal sector in the first half of 2024, says Savills, equating to over 1.4 million sq ft of space, out of a total of 4.3 million sq ft across the world’s 15 largest legal markets, reflecting its position as the world’s principal legal hub. Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal markets, reflecting the dominance of American firms in the sector overall, as well as the tendency for US legal offices to have a lower occupancy density and thereby requiring more space, according to Savills. More →

Working from home prevalent across Northern Europe, but has no effect on productivity

Working from home prevalent across Northern Europe, but has no effect on productivity

by • Flexible working, News, Property

 

Working from home has become a permanent feature of the European workforce, with notable variations across different regions and citiesA new research briefing from Oxford Economics claims to highlight the sustained prevalence of working from home in Europe, particularly in northern cities, and examines its impact on office real estate markets. According to the briefing, which analyses data through 2023, working from home has become a permanent feature of the European workforce, with notable variations across different regions and cities. More →

The city and the office have much to teach each other

The city and the office have much to teach each other

by • Cities, Features, Workplace design

It’s common to hear people say that the boundaries between the traditional workplace and the outside world have become blurred but it might be closer to the truth to say that in a growing number of cases they have been eradicated and that the evolution of cities and offices is informed by a two way exchange of DNA. Whatever you might hear, these times are far from unprecedented. History has lessons for us both in terms of how we view the events of 2020 and how we might respond to them, including how we progress as a species and make our lives and the world a better place. In 1832, there was an epidemic of cholera in the UK’s towns and cities. In those with a population of 100,000 or more life expectancy was just 26 years. The reasons for this were picked up on by a government official called Edwin Chadwick as a member of the Poor Law Commission.   More →

Mediocre offices won’t encourage people to spend more time in them

Mediocre offices won’t encourage people to spend more time in them

by • News, Workplace design

Dry, uninspiring offices and long, costly commutes are principal causes for a lack of office-based working, according to a new poll.Dry, uninspiring offices and long, costly commutes are principal causes for a lack of office-based working, according to a new poll. The survey, commissioned by design and fit-out firm Peldon Rose claims that 1 in 3 (34 percent) office-based workers in London have a ‘nightmare journey’ into work each day, which ultimately deters almost half (46 percent) from travelling into the office. For those that do come into the office, more than a third (38 percent) believe their working environment is uninspiring and unfit for purpose. More →

The rise of supercommuters linked to adoption of flexible and hybrid working

The rise of supercommuters linked to adoption of flexible and hybrid working

by • News, Working lives

New research from Trainline claims that the number of UK “supercommuters” using rail to travel longer distances to work has doubled since Covid. Almost half (47 percent) of current supercommuters surveyed made the lifestyle change either during or post-pandemic, and over four in five (84 percent) of these new supercommuters say hybrid working has enabled this switch in their commuting habits. More →

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