Search Results for: commercial

Commercial construction sector grew in first quarter of 2013

by • Facilities management, News, Property, Workplace

Steady growth in the commercial construction sector

There has been a steady growth in the UK commercial construction sector in the first quarter of this year, according to international property recruitment consultancy Judd Farris. The commercial construction sector has experienced steady growth, with a resulting high demand for experienced commercial candidates with knowledge of fit-outs and general build. There is also a strong recent demand for strategic sourcing candidates within Facilities Management. Said Tom Flood, Associate Director,  Judd Farris: “As part of continuing cost-saving measures, companies are keen to appoint procurement specialists to effectively manage their strategic sourcing and supplier contracts.” (more…)

UK commercial property investors shift focus to the regions

by • Knowledge, News, Property

Leeds skylineInvestors in the commercial office market are increasingly being drawn towards the UK regions, according to a new report by Deloitte Real Estate. The UK Key Cities publication explores the trend that regional offices are emerging as a focus for savvy investors seeking higher returns. At the same time, individual cities are recognising the need to stand apart from competing locations and bridge the gap between themselves and London. These cities are being bolstered by factors such as improved connectivity through large planned infrastructure projects, devolution of power, and investment into the retail and leisure markets.

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Commercial sector bucks downward UK construction trend

by • News, Property, Public Sector

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

by • News, Property

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

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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Tales from the built environment: some reflections on the conference circuit 

Tales from the built environment: some reflections on the conference circuit 

by • Comment, Facilities management, Property, Workplace design

The built environment sector, like many other sectors, spends a great deal of time talking to itself. So what is it saying right now?The stories we tell ourselves can be powerful. They shape how we see reality, whether they’re true or not. The trouble is that the ones which endure are rarely the most helpful. Here’s a familiar story: every industry is privately convinced that its image problem is uniquely severe. This leads to a lot of navel-gazing and going round in circles. Often, however, they’re grappling with versions of the same challenge: trying to explain their value to people outside the room. I saw this play out at two recent conferences related to the built environment: the UK Real Estate Infrastructure & Investment Forum (UKREiiF) in May and IWFM Live last week. (more…)

Data centres are the most significant building type in the world right now. And we need to talk about that

Data centres are the most significant building type in the world right now. And we need to talk about that

by • Features, Technology, Workplace design

Data centres have always been a slight anomaly in the Built Environment sector, part property and part critical infrastructure (talking in wattage rather than square footage for example), lacking aesthetic appeal and they are not significant employers, they are often considered a necessary evil to support our hyper-communicative lifestylesThe Data Centre Congress which took place from June 1st to 4th in Cannes is to data centres what mipim is to the more traditional markets in property, a place where the good and the great – from investors and operators, to the engineers and power providers, gather to network and contemplate the challenges and the future of the sector. In Q1 last year there was a slight chill through the sector after Microsoft halted data centre plans across the US and Europe to the tune of 2GW, citing caution around the overexpansion of AI and uncertainty around tariffs. What seemed like bombshell news at the time, felt like a mere blip and a distant memory at the 2026 edition and this juggernaut of activity is showing zero signs of slowing, a market that is currently worth over $300 billion is set to rise to $699.13 billion by 2034. (more…)

The ten emerging technologies set to transform the World in the near future

The ten emerging technologies set to transform the World in the near future

by • News, Technology

The World Economic Forum (WEF) has published its annual Top 10 Emerging Technologies Report, highlighting a group of scientific and technological advances that it believes are approaching a tipping point between research and widespread adoptionThe World Economic Forum (WEF) has published its annual Top 10 Emerging Technologies Report, highlighting a group of scientific and technological advances that it believes are approaching a tipping point between research and widespread adoption. Produced in collaboration with scientific publisher Frontiers and developed with the Dubai Future Foundation, the report focuses on innovations expected to reach significant commercial and societal scale within the next three to five years. According to the WEF, this year’s list reflects a broader shift towards technologies that are more distributed, personalised and resource-efficient, with potential implications for energy systems, healthcare, manufacturing, environmental management and digital security. (more…)

Worst new buildings list highlights concerns over quality and value in property development

Worst new buildings list highlights concerns over quality and value in property development

by • News, Property

A satirical architecture award has drawn attention to what its organisers describe as some of the UK's most problematic recent property developments, with judges arguing that concerns about design quality are increasingly linked to broader issues around procurement, construction standards and development priorities.A satirical architecture award has drawn attention to what its organisers describe as some of the UK’s most problematic recent property developments, with judges arguing that concerns about design quality are increasingly linked to broader issues around procurement, construction standards and development priorities. The Carbuncle Cup 2026, organised by cultural magazine The Fence [subscription], named two joint winners from a shortlist of nine projects completed within the past two years. The award, which seeks to identify the country’s worst new building, was based on public nominations and assessed by a panel including former Architectural Review editor Cath Slessor. (more…)

CIFF Shanghai plans to focus on design, digital technology and sustainability for 2026 event

CIFF Shanghai plans to focus on design, digital technology and sustainability for 2026 event

by • Environment, News, Technology, Workplace design

CIFF Shanghai has announced a new strategic direction for its 2026 exhibition, centred on design, digital intelligence and sustainabilityCIFF Shanghai has announced a new strategic direction for its 2026 exhibition, centred on design, digital intelligence and sustainability as the furniture industry responds to changing market demands and technological developments. The 58th edition of the trade fair will take place in September at the National Exhibition and Convention Center in Shanghai Hongqiao. Organisers say the event is intended to function not only as a marketplace but also as a platform for innovation, industry collaboration and international exchange. (more…)

What does Gen Z really think about AI? Boooooo!

What does Gen Z really think about AI? Boooooo!

by • AI, Comment, SF

I regularly meet with CEOs and Board members and the conversation always comes around to the same topic: how can we attract new talent? C-Suite upwards are borderline-obsessed by how to recruit and retain younger employees, eager to harness their energy, enthusiasm and the total lack of work-life boundaries that will come with experience. When keynote speakers were tasked with motivating graduating students during commencement speeches this year, they naturally looked at what was ‘in vogue’ and landed upon AI. This is hardly surprising. We cannot contact, purchase from or seek assistance from an organisation, without butting up against an AI agent, eagerly waiting to ‘help’. We are constantly being told that AI is the unavoidable future and so, for Gen X/ Boomer speakers seeking to connect with Gen Z and garner their approval, AI was a natural talking point. Except, it wasn’t. In a beautiful act of rebellion, Gen Z have taken a different path and have made their feelings about AI known. Loudly. (more…)

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