Search Results for: commercial

Commercial construction sector grew in first quarter of 2013

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

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

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.

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AI use surges across property and construction but firms struggle beyond pilot studies

AI use surges across property and construction but firms struggle beyond pilot studies

AI adoption across construction and commercial property has accelerated significantly over the past year, but firms are struggling to turn pilot studies into routine practiceAI adoption across construction and commercial property has accelerated significantly over the past year, but firms are struggling to turn pilot studies into routine practice, according to new research from the Royal Institution of Chartered Surveyors (RICS). The RICS AI in Commercial Property and Construction Report 2026, based on more than 3,100 responses from industry professionals worldwide, found that about two-thirds of construction professionals are using AI in some form, up from just over half in 2025. In commercial property, more than three-quarters report some level of AI use. (more…)

The Workspace Design Show London to emphasise the design of human-centered workplaces

The Workspace Design Show London to emphasise the design of human-centered workplaces

The Workspace Design Show returns to the Business Design Centre, London on 24–25 February 2027, unveiling its new theme: “The Human Experience of Work”The Workspace Design Show returns to the Business Design Centre, London on 24–25 February 2027, unveiling its new theme: “The Human Experience of Work”, a direction placing wellbeing, inclusion, sensory comfort, belonging, neurodiversity and emotional experience at the centre of workplace design. As organisations continue to rethink what makes people want to come together in person, the 2027 edition will explore how workplaces can move beyond functionality to become environments that genuinely support people. Spaces designed around human connection, comfort, mood, acoustics, hospitality, inclusivity and how work environments make us feel. (more…)

Inconsistent recycling bin colours are creating compliance challenges for UK workplaces

Inconsistent recycling bin colours are creating compliance challenges for UK workplaces

A lack of consistency in recycling bin colours across UK local authorities is creating unnecessary complexity for organisations attempting to comply with England’s Simpler Recycling regulations, according to new research based on Freedom of Information requests. Analysis by commercial waste services provider Direct365 found at least 80 different combinations of bin colours are currently in use across 190 local authorities, raising concerns that the absence of a national colour-coding system is undermining efforts to improve recycling performance. (more…)

As hybrid working resets the office’s purpose, its small rituals carry more weight

As hybrid working resets the office’s purpose, its small rituals carry more weight

Hybrid working has changed the arrangement. Many employees can now complete focused work elsewhere, often without a commute or the interruptions of a busy workplace. A trip to the office therefore needs to offer something beyond access to a desk and a screen.The question of what the office is for has become harder to answer. For much of its history, the office had a clear practical role. It was where the people, information and equipment needed for work were located. Attendance was largely assumed, and the working week developed around that shared presence. Hybrid working has changed the arrangement. Many employees can now complete focused work elsewhere, often without a commute or the interruptions of a busy workplace. A trip to the office therefore needs to offer something beyond access to a desk and a screen. (more…)

The Crown Estate unveils two major West End office developments

The Crown Estate unveils two major West End office developments

The Crown Estate has announced two major mixed-use developments in London's West End as part of what it describes as the largest programme of office developments in its history.The Crown Estate has announced two major mixed-use developments in London’s West End as part of what it describes as the largest programme of office developments in its history. The projects at 10 Piccadilly and 21–29 Glasshouse Street will deliver a combined 169,300 sq ft of office, retail and hospitality space, continuing the organisation’s programme of refurbishing and redeveloping heritage buildings across its central London estate. The schemes form part of The Crown Estate’s wider strategy for its 10 million sq ft London portfolio, which combines office development with retail, leisure and public realm improvements aimed at maintaining the West End’s appeal as a business and visitor destination. (more…)

Stirling Prize shortlist shines spotlight on mixed-use regeneration and workplace design

Stirling Prize shortlist shines spotlight on mixed-use regeneration and workplace design

The transformation of one of London's busiest transport hubs and a major mixed-use commercial development has secured a place on the shortlist for the 2026 RIBA Stirling PrizeThe transformation of one of London’s busiest transport hubs and a major mixed-use commercial development has secured a place on the shortlist for the 2026 RIBA Stirling Prize, highlighting the growing prominence of workplace-led regeneration among the UK’s most celebrated new buildings. Renzo Piano Building Workshop’s Paddington Square is one of six projects shortlisted for British architecture’s most prestigious award. The development combines offices, retail, public space and improved connections to Paddington Station, reflecting the continued importance of mixed-use schemes in reshaping city centres. (more…)