Search Results for: commercial

Commercial sector bucks downward UK construction trend

Construction figsConstruction business activity fell by the third month running in January, with new orders at slowest pace since October 2012 according to the latest Markit/CIPS UK Construction Purchasing Managers’ Index (PMI). There were some reports that snowfall had contributed to reduced output volumes, but the majority of respondents cited weak underlying client demand and a lack of new projects.  However commercial activity was the only sub-sector to buck the wider downward trend in output during January with the latest data indicating unchanged volumes of commercial activity, ending five months of contraction. (more…)

Europe’s commercial property investors opt for safe cities

German cities dominate the investment prospects for Europe’s commercial real estate sector as investors favour safe havens according to a new report – Emerging Trends in Real Estate Europe 2013. Munich tops the league table followed closely by Berlin in second place and Hamburg in fifth position, with investors taking comfort from each of the cities’ strong local micro-economic climate and resilient property market conditions. London, which is seen by many as Europe’s safest investment, is the largest riser in this year’s report taking third position.  (more…)

Greenest commercial building in the world opens for business

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

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.

(more…)

Largest office development in Netherlands approved for Rotterdam

Largest office development in Netherlands approved for Rotterdam

Rotterdam has granted approval for a substantial new office development known as the Schieblocks, a 47,000-square-metre project that is set to become the largest privately built office building currently under construction in the NetherlandsRotterdam has granted approval for a substantial new office development known as the Schieblocks, a 47,000-square-metre project that is set to become the largest privately built office building currently under construction in the Netherlands. Designed by MVRDV for developer LSI, the scheme occupies a long and narrow site beside the railway line and rises to 61 metres, with commercial uses at ground level and a restaurant and event space on the upper floors. Its form is broken into a series of distinct blocks, each intended to create a more approachable scale and reflect characteristics of the city. (more…)

Time to admit we were wrong about Canary Wharf and other business districts

Time to admit we were wrong about Canary Wharf and other business districts

There was a time during and after the pandemic when it looked like time was up for the world’s major business districts. For a start Canary Wharf looked like it would need to completely reinvent itself as firms started to relocate to smaller more central premises. Instead of housing tenants such as HSBC it would focus on becoming a mixed-use space with more homes and leisure facilities. Hell, we even published a feature setting that all out ourselves. But it’s funny how things turn out. The latest news is JP Morgan’s announcement of a vast new headquarters building in the area. The bank, already one of the largest employers in the UK financial sector, has confirmed plans for a three million sq ft tower on the waterfront that will accommodate 12,000 staff and represent an investment estimated at £3 billion. (more…)

Four built environment projects named the winners of the 2025 ULI Europe Awards for Excellence

Four built environment projects named the winners of the 2025 ULI Europe Awards for Excellence

This week, four real estate projects were named the overall winners of the 2025 Urban Land Institute (ULI) Europe Awards for Excellence from this year’s ten finalists. The winning projects include a social housing project in Milan situated on an abandoned office development site, a new secondary school in Brussels developed in a former brewery, a new flexible life sciences hub in Stockholm, and an acute healthcare facility in Birmingham which is intended as a catalyst for community regeneration. (more…)

World’s business districts regain strength but face ongoing challenges

World’s business districts regain strength but face ongoing challenges

The world’s major business districts are recovering their appeal after the disruption of Covid-19, according to new research from EY and the Urban Land Institute (ULI). The 2025 Global Business Districts Attractiveness Report shows that nearly two thirds of surveyed stakeholders now consider these districts more attractive than before the pandemic. The study assesses 30 leading districts across Europe, North America and Asia using 2,400 data points measuring macroeconomic performance, talent, real estate, innovation and sustainability. The findings suggest that long-established hubs retain their dominance, with Midtown Manhattan, the Financial District in New York, Tokyo Marunouchi, Paris La Défense (pictured) and the City of London occupying the top five positions. Collectively, the districts generate USD 4.5 trillion in annual GDP and provide more than seven million jobs. (more…)

Government issues new guidance on managing surplus property

Government issues new guidance on managing surplus property

The UK Cabinet Office has published updated functional guidance titled Managing Surplus Government Property, setting out how government departments should identify, evaluate and dispose of surplus real estateThe UK Cabinet Office has published updated functional guidance titled Managing Surplus Government Property, setting out how government departments should identify, evaluate and dispose of surplus real estate within the central government estate. The document was released on 10 November 2025. The guidance replaces the earlier Guide for the Disposal of Surplus Land and reflects a broadened scope, placing greater emphasis on reviewing multiple options and combining factors when considering disposal or reuse of property assets. (more…)

Canary Wharf leasing activity continues to improve

Canary Wharf leasing activity continues to improve

Office leasing activity at Canary Wharf has risen sharply this year as higher rents in other parts of London prompt more occupiers to consider the Docklands district.Office leasing activity at Canary Wharf has risen sharply this year as higher rents in other parts of London prompt more occupiers to consider the Docklands district. Data from CoStar suggests that the availability of office space at Canary Wharf has fallen to below 10 percent, its lowest level since 2018. Two years ago, vacancy stood at about 23 percent. More than 500,000 square feet of space has been leased so far in 2025, the highest level since 2019, with further deals expected before the end of the year. (more…)

Amsterdam’s Workspace Design Show Unveils Sensory-Driven Feature Spaces

Amsterdam’s Workspace Design Show Unveils Sensory-Driven Feature Spaces

The Workspace Design Show showcases the latest transformative workplace interiors products, from furniture, seating, lighting, acoustics, surfaces, biophilia, tech and moreThis November, Workspace Design Show (Wednesday 5th to Thursday 6th November 2025, RAI Amsterdam) doesn’t just ask what the workplace should be; it lets you feel the answer. Five of the Netherlands’ most creative design studios have turned conversation into atmosphere, theory into tactility, and workplace talk into spaces you can smell, hear, shift and claim as your own. (more…)

Design Festival North is back for 2026, but with Birmingham replacing Manchester

Design Festival North is back for 2026, but with Birmingham replacing Manchester

Design Festival North, the regional design event organised by Design Social North, will return in 2026 with an expanded programme visiting Leeds, Birmingham and Liverpool.Design Festival North, the regional design event organised by Design Social North, will return in 2026 with an expanded programme visiting Leeds, Birmingham and Liverpool. The one-day festival, which takes place on 12 March, will bring together architects, interior designers, specifiers and suppliers to explore new products and ideas from across the design and built environment sectors. The organisers say the event aims to strengthen connections between creative professionals and foster collaboration across regions outside London. (more…)