Search Results for: commercial

Central London office pre-lets surge due to pent-up demand

Central London office pre-lets surge due to pent-up demand

LondonCompletions in central London are expected to hit a three-year high, with 5.5m sq ft scheduled for delivery by the end of this year, according to Savills research. More →

Metrics can help businesses define their impact on the environment

Metrics can help businesses define their impact on the environment

impact on the environmentToday, companies cannot shy away from their responsibilities towards the environment. With Extinction Rebellion keeping the climate crisis firmly on the news agenda, and COP26 in November gathering more international attention than ever, how businesses approach and champion sustainability is under significant scrutiny. At a local level, organisations are being set targets by the UK government to commit to 100 percent renewable energy sources by 2050, and failing to meet these objectives could have substantial repercussions. More →

Hybrid working pushes up corporate Australia’s carbon emissions

Hybrid working pushes up corporate Australia’s carbon emissions

hybrid workingWhile lower occupancy has reduced the carbon footprint of many commercial office buildings amid the pandemic, higher CO2 emissions from hybrid working significantly outstrips these declines, according to data analysed by Cushman & Wakefield’s sustainability team. More →

Stronger profit margins and job opportunities as demand for facilities management increases

Stronger profit margins and job opportunities as demand for facilities management increases

facilities managementWorkloads, profit margins and employment opportunities are set to continue to grow for the year ahead due to increasing demand for facilities management services, according to the latest RICS UK Facilities Management Market Survey. More →

Herman Miller increases use of ocean-bound plastic with Aeron chair

Herman Miller increases use of ocean-bound plastic with Aeron chair

The Aeron Chair Portfolio, including new colourway Onyx Ultra Matte, and other product and packaging solutions will incorporate mismanaged plastic waste found near waterways as part of the company’s commitment to use 50 percent recycled content in all materials by 2030. More →

Overseas investment in UK regional offices soars

Overseas investment in UK regional offices soars

overseasInvestments in offices outside the capital for the first half of this year hit £3.58bn – 18 percent above the long-term average for the first half of this year, Savills research claims. Overseas investors accounted for two-thirds of the £3.58bn of investments from January to June 2021 – 38 percent above the five-year average. More →

Built environment must accelerate decarbonisation to support net zero goal

Built environment must accelerate decarbonisation to support net zero goal

environmentWhile the built environment is going in the right direction, it is still not moving fast enough to decarbonise building stock, according to the latest annual sustainability report produced by RICS and World Built Environment Forum. More →

Changing workplace means a changing role for finance heads

Changing workplace means a changing role for finance heads

pwc workplaceThe CFO and Finance Director role is undergoing rapid change. Not only are they required to manage the traditional priorities of the job, but they must now also juggle a wide array of operational, transactional and commercial responsibilities. With added pressure from clients because of Covid-19 and a rapidly evolving workplace, the role is increasingly hard to navigate. To gain a deeper insight into this and the evolution and future planning of a department that is central to the success of modern businesses, Totum recently surveyed CFOs and Finance Directors from among UK headquartered legal firms with annual revenue of £20m or more. More →

Over two-thirds of employers are considering pay cuts for remote workers

Over two-thirds of employers are considering pay cuts for remote workers

pay cutsA new survey by CIPHR claims that over two-thirds (68 percent) of British businesses are contemplating pay cuts for staff who opt to work from home, despite many (53 percent) saying they’ve actually saved money by having more remote workers. More →

Nearly half of British business leaders fear losing the UK’s best talent abroad

Nearly half of British business leaders fear losing the UK’s best talent abroad

businessMovePlan in partnership with Hanson Search, claims that 40 percent of business leaders fear that the combination of the pandemic and Brexit will see their best talent disappear abroad, making hiring more challenging, just as the country begins to return to the ‘new normal’. More →

Digital twin and other tech to benefit from landmark $3.5trillion infrastructure package

Digital twin and other tech to benefit from landmark $3.5trillion infrastructure package

Siemens digital twinGrowth in key tech sectors is set to rocket after a landmark $1 trillion infrastructure package bill passed in the US Senate, part of a comprehensive $3.5 trillion plan within President Biden’s post-COVID Build Back Better initiative and paralleling the UN’s Race To Zero campaign. There had been an upward trend in share prices for companies in several tech sectors already, but Pitchbook research identified nanotechnology and digital twin technology as most likely to gain from the new bill – the largest public investment in America’s infrastructure for decades. More →

Southeast office take-up higher than five-year average

Southeast office take-up higher than five-year average

officePent-up demand on hold in 2020 has returned with office take-up in the first half of this year nearly a quarter above the five-year average, according to Savills‘ data. Demand is outstripping supply with a development pipeline equal to five months take up in an average year said the property agent. More →