Search Results for: commercial

Greenest commercial building in the world opens for business

by • Architecture, Environment, News, Workplace design

The Bullitt Center, proclaimed as the greenest, most energy efficient commercial building in the world, is opening in Seattle. The goal of the Bullitt Center is to change the way buildings are designed, built and operated to improve long-term environmental performance and promote broader implementation of energy efficiency, renewable energy and other green building technologies. Tenant are now moving into the six-storey, 50,000 square-foot building located at the intersection of Capitol Hill and the Central District in Seattle, Washington. More →

Commercial property deals on the rise in Yorkshire

by • News, Property

Investors have almost doubled the value of commercial property transactions in Yorkshire, according to property consultants Lambert Smith Hampton.However, the level of deals is still slightly below the level at the same time last year. LSH says the total value of Yorkshire investment deals in the third quarter of 2012 rose to £303 million from £172 million in the previous quarter, but was below the £306.5 million total for the third quarter of 2011.

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Office fit out costs rise as firms adapt to new ways of working

Office fit out costs rise as firms adapt to new ways of working

by • Environment, News, Property

A renewed focus on office space comes at a price, with businesses facing rising office fit out and design costsAccording to a new report from JLL, the office sector is again taking ‘centre stage’ in commercial real estate as companies worldwide adapt hybrid work policies to encourage greater in-office attendance. However, this renewed focus on office spaces comes at a cost, with businesses facing rising expenses to design and fit out their work environments. According to JLL’s newly released Global Office Fit-Out Costs Guide 2025, 59 percent of organisations globally plan to increase investment in office space design and fit-outs over the next five years. The report, which analyses data from 68 cities across 40 countries, highlights significant cost variations, key cost drivers, and the growing demand for sustainable office spaces. More →

Flexible workspace, cognitive dissonance and lessons learnt from The Shining

Flexible workspace, cognitive dissonance and lessons learnt from The Shining

by • Comment, Flexible working, Property

If you were to take LinkedIn posts as a barometer of market confidence you would get the sense that flexible workspace / coworking is powering ahead. But this initial impression is simply not backed up by the statsAt the start of the Shining, the seminal horror film of the 1970s, the fantastically unsettling orchestral score provides the clue that this happy family of the opening scene is going to end very, very badly. But the key element of the film is the casting of Jack Nicholson in a kind, smiling role as a writer and loving parent – from the minute the camera settles on that jarring smile, it is obvious that something is off. And this is cognitive dissonance – Jack is being portrayed as a loving husband to Shelley Duvall with your nerves jangling and telling you that he is everything but that…… More →

UK Government grants Crown Estate new investment powers to drive growth

UK Government grants Crown Estate new investment powers to drive growth

by • News, Property, Technology

New powers enable the Crown Estate to invest up to £1.5 billion over the next 15 years in sectors such as clean energy, infrastructure, and digital technologiesThe UK government has introduced a new bill to update the Crown Estate Act of 1961 which will grant the Crown Estate new investment powers. Officials claim this will stimulate economic growth and increase returns for taxpayers. According to the government, these new powers enable the Crown Estate to invest up to £1.5 billion over the next 15 years in sectors such as clean energy, infrastructure, and digital technologies. More →

Global real estate markets grow (very cautiously) optimistic

Global real estate markets grow (very cautiously) optimistic

by • News, Property

The global real estate sector thinks it is close to ending a three-year journey to recovery, with a widely held view that 2025 may breakthrough to a ‘reset point’ or commence a new cycle. Even so, real estate leaders globally are braced for another challenging year of uncertaintyThe global real estate sector thinks it is close to ending a three-year journey to recovery, with a widely held view that 2025 may breakthrough to a ‘reset point’ or commence a new cycle. Even so, real estate leaders globally are braced for another challenging year of uncertainty, with lingering inflation, largely driven by factors including geopolitical instability, and persistently higher interest rates in some regions, potentially delaying a hoped-for recovery in capital markets and occupancy metrics. This is according to the Emerging Trends in Real Estate Global Outlook 2025 from PwC and the Urban Land Institute (ULI), which provides an important gauge of global sentiment for investment and development prospects, amalgamating and updating three regional reports which canvassed thousands of real estate leaders across Europe, the United States and Asia Pacific. More →

Forget all the talk of Blue Monday; work is still (largely) good for us

Forget all the talk of Blue Monday; work is still (largely) good for us

by • Comment, Facilities management, Wellbeing, Workplace

blue mondaySo here it is. Blue Monday. Today. Officially the most depressing day of the year. We say ‘officially’, but like the idea of ‘Body Odour’ its common usage hides the fact that it was originally created as part of a PR campaign, in this case one for Sky’s travel channel in 2005. The whole idea of Blue Monday is couched in a pseudo-mathematical equation which includes factors like the weather, levels of debt, time since Christmas, low levels of motivation and, apparently, an unspecified variable known simply as ‘D’. More →

Flokk announces new team and expansion for North American Market 

Flokk announces new team and expansion for North American Market 

by • Company news, Furniture

Flokk, one of the leading seating and furniture makers in Europe, has announced its expansion in the United StatesFlokk, one of the leading seating and furniture makers in Europe, has announced its expansion in the United States with the establishment of Flokk US. As part of this strategic expansion, the firm has appointed a new leadership team to oversee North American operations, including Frederik Fogstad as Chief Executive Officer, Randi Pastrovic as Chief Creative Officer, and Rich Oliver as Chief Commercial Officer. This new team are tasked with ensuring each brand within the business’s portfolio retains a distinct identity while advancing the firm’s growth in the North American market. More →

Workspace Design Show reveals first names for must-visit talks programme

Workspace Design Show reveals first names for must-visit talks programme

by • Company news, Workplace design

Workspace Design Show is delighted to reveal the first raft of names who will make up its speaker programme for the upcoming edition in February 2025Now a firm fixture on the design event calendar, Workspace Design Show has revealed the first raft of names who will make up its speaker programme for the upcoming edition in February 2025. Once again bringing the commercial interior design industry’s most inspiring and creative leaders together, the Workspace Design Talks programme features senior figures from architecture and design such as Alessandro Ranaldi, Partner, Head of Workplace Consultancy, Foster + Partners; Helen Berresford, Head of ID:SR at Sheppard Robson and Adrienne Lau, Senior Associate, Heatherwick Studio, Cristiano Testi, Principal Director, tp bennett, and Angela Bardino, Senior Associate Director – Interiors, Jacobs. More →

London office market showing unmistakeable signs of life, especially for Grade A space

London office market showing unmistakeable signs of life, especially for Grade A space

by • News, Property

The London office market is demonstrating strong signs of recovery, with declining vacancy rates and robust demand for high-quality spaces.The London office market is demonstrating strong signs of recovery, with declining vacancy rates and robust demand for high-quality spaces. Both occupier and investor activity surged in the third quarter of 2024, reflecting renewed confidence in the capital’s commercial real estate sector. Despite challenges posed by elevated supply levels, the market’s recovery trajectory points to a potential upswing in rents and investment activity heading into 2025, driven by stabilising vacancy rates and continued demand for Grade A office space. More →

Life science interiors: here’s how to create a petri dish for scientific breakthroughs

Life science interiors: here’s how to create a petri dish for scientific breakthroughs

by • Comment, Workplace design

The design of life science interiors is crucial for fostering scientific breakthroughs by balancing precision, functionality, and collaboration. Life science research has grown exponentially in recent years, driving an increasing demand for specialised laboratory spaces. These facilities – including wet labs, dry labs, and their supporting infrastructure – all serve a unique purpose. Like a Petri dish providing the perfect environment for scientific experiments, life science interiors need to balance precision with functionality. When designed well, they create the ideal conditions for innovation, collaboration, and the exchange of ideas. 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 →

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