Search Results for: climate change

November 6, 2024

Economic and political uncertainty continue to dampen commercial property market sentiment

The 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…)

October 29, 2024

How commercial property owners can boost revenues and occupancy in light of the Autumn Budget

by Dieter Wood • Comment, Facilities management, Property, Workplace design

The Autumn Budget is anticipated to introduce a series of tax increases that could directly impact commercial property owners, including changes to capital gains tax (CGT), national insurance contributions, and business rates. These changes could have a ripple effect across the property market, influencing both investment decisions and tenant demand. These are the key areas of concern for commercial property owners. (more…)

August 28, 2024

How younger generations are redefining workplace exits

by Katherine Loranger • Comment, Workplace

The modern workplace is witnessing a significant shift in the dynamics of workplace exits, largely driven by younger generations—especially those born after 1997, known as Gen Z. It’s not just in the places we might expect. For example, in Japan, a country with a reputation for long tenures and employee/employer loyalty, resignation agencies such as Momuri offer services that allow individuals to quit their jobs remotely. Even where moving jobs is relatively rare, this “resignation-as-a-service” has sprung up as a result of discontent within the workforce. This phenomenon, particularly pronounced among younger demographics, is challenging traditional notions of loyalty in the face of workplace dissatisfaction. (more…)

July 10, 2024

Living the dream of better times for a new generation

by Grant Gibson • Business, Comment

As a new Labour Prime Minister settles into office with a thumping majority behind him and with the Conservative opposition in utter disarray, it’s difficult not to think back to 1997 and the wave of euphoria that over took the nation. Here was a Labour government that seemed to understand the issues the country faced and the direction of travel it needed to take in the future. Tony Blair was 43 years old when he took office (nearly 20 years younger than Keir Starmer is now) and had an instinctive grasp for what Generation X craved. After all, he was the first British Prime Minster to grow up with rock and roll and appeared to embody a generational shift like no politician before him. (more…)

June 26, 2024

Save the Knowledge Worker – insights and strategies for remote-work success

by Neil Franklin • Features, Flexible working, Premium Content, Wellbeing

Undoubtedly, the remote work revolution is in full swing. But it’s messy. Kolekti’s new Save the Knowledge Worker report found a colossal 96 percent of workers desire some form of remote work, and one in three employees is willing to quit if forced to return to the office full-time. And yet, which business leader can say their organisation has perfected the strategy for remote work? Most are still experimenting, tinkering, and tweaking. Even the end destination may be unclear for some. (more…)

June 25, 2024

Office market upheaval means uncertain times for landlords

by Marvin Gort • News, Property

The UK office market is facing a period of significant upheaval, according to a new survey commissioned by workspace provider infinitSpace. The research paints what it says is a concerning picture for landlords, with a sizeable portion battling financial strain and even potential closure. Over 14 percent of the 250 surveyed landlords fear their office buildings could shut down within the next five years due to affordability concerns. (more…)

April 18, 2024

Majority of young professionals feel happy about embracing AI in their lives

by Neil Franklin • AI, News, Technology

More than half of young professionals feel comfortable or very confident about the increasing integration of artificial intelligence (AI) in various aspects of daily life, while only 15 percent reported feeling unsettled or scared about the prospect, according to new research from CEMS, the Global Alliance in Management Education. Half (50 percent) also stated that social media impacts their life positively, while only just over a quarter (27 percent) feel that social media has a negative impact on their lives. Overall, 70 percent of graduates said that they feel optimistic about the future. (more…)

March 25, 2024

Republic of Korea to join Horizon Europe programme

by Neil Franklin • Environment, News, Technology

Korea will join the growing group of countries associated with Horizon Europe, the EU research and innovation programme. Horizon Europe is the biggest EU research and innovation programme ever with a budget of €95.5 billion for the period 2021-27, complemented by the financial contributions from associated countries. It is open to the world, which means that participants from all over the world can participate in nearly all calls. Entities from associated countries have additional opportunities in collaborative projects and are treated on par with the entities of EU Member States regarding the access to funds. (more…)

March 7, 2024

The sector responds to the Spring Budget

by Neil Franklin • Business, News

Yesterday’s Spring Budget included a number of announcements that affect the various people, place and technology professions in the UK. These include a cut in National Insurance, pension fund reforms, support for working parents, AI, helping people back in to work and more. You can see the Government’s own summary here. The various industry sectors have been quick to respond to the announcements. You can see what some people have had to say below, in no particular order. (more…)

March 5, 2024

MillerKnoll’s top office fit out trends for 2024

by Freddie Steele • Company news, Furniture

The last few years have seen a major shift in how businesses approach their office spaces. With more emphasis on aesthetics, functionality, and employee wellbeing, 2024 will showcase some of the most exciting trends for future-ready workplaces centred on connection, wellbeing and change. As a leader in workplace design, MillerKnoll talks about the top six emerging trends shaping office spaces this year. Based on decades of expertise, MillerKnoll identifies shifting priorities that empower companies embracing conscious design attuned to modern needs. (more…)

February 20, 2024

One in five neurodivergent employees say they have experienced harassment or discrimination at work

by Jayne Smith • News, Wellbeing, Workplace

One in five neurodivergent employees have experienced harassment or discrimination at work because of their neurodivergence, according to new research from the CIPD, working with corporate neuroinclusion training specialists Uptimize. Neurodiversity refers to natural differences in human brain function and behavioural traits. It’s estimated that as many as 20 percent of people may be neurodivergent in some way, an umbrella term that can include those with autism, dyslexia, or ADHD. However, despite this potential figure, support and awareness of neurodiversity is lacking in many UK workplaces. (more…)

February 7, 2024

Cautious welcome for government’s disability plan which aims to make UK ‘most accessible nation’

by Neil Franklin • News, Wellbeing

The UK government has announced details of its new Disability Action Plan which includes 32 steps it claims will make the UK the most accessible place in the world for disabled people to ‘live, work and thrive’. The publication of the Disability Action Plan is part of the government’s stated intention to improve the lives of millions of disabled people. This has included seeing 1.3 million more disabled people in work now than in 2017, which the government claims is delivering a commitment five years early. (more…)