Search Results for: commercial

Demand by global businesses for London office space remains high

Demand by global businesses for London office space remains high

by • Cities, Facilities management, News, Property

Demand for commercial office space in London by global businesses remains strongOffice investment volume in Central London in 2018 is expected to come close to £20 billion, despite the ongoing economic and political uncertainties of Brexit. According to Savills London witnessed notably above average levels of office take-up in 2018 and achieved the best ever City of London rent (£80 per sq ft). The list of global businesses committing to long term leases has continued to grow with announcements in the last 12 months from Facebook, LinkedIn and Sidley Austin. The constrained development pipeline has seen more office pre-lets over 50,000 sq ft agreed in 2018 than ever before, while a shortage of available Grade A options has matured into a greater number of development opportunities. Savills also predicts a greater number of value-add and development opportunities coming to the market and that trading in London will insure the ongoing creation of the world’s best office buildings in a city where people will continue to want to work. This in turn creates new investment opportunities for global investors searching for prime assets.

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The ten most read stories on Workplace Insight for 2018

The ten most read stories on Workplace Insight for 2018

by • Facilities management, Features, Property, Technology, Workplace, Workplace design

We can’t help but feel that the world caught up with us a bit during 2018. We’ve been talking about the intersection of people, place and tech since we started up five years ago. Of course, we weren’t even the first to do this. As we’ve always acknowledged, we’re standing on the shoulders of the giants who first recognised what was happening a quarter of a century ago. Many of the ‘trends’ with which we are presented are nothing more than the crystallisation of ideas first expressed by people in the 20th Century. They seldom get their due.

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New Deloitte London office: a world-leading building for sustainability and wellbeing

New Deloitte London office: a world-leading building for sustainability and wellbeing

by • Company news, Environment, Workplace design

Deloitte’s new UK and North West Europe headquarters at 1 New Street Square, EC4, is claimed to be the largest office in the world to achieve leading certifications for being both an exemplar green building and one designed to enhance the wellbeing of its people. The new 270,000 sq ft HQ, which Deloitte occupied in July, is the culmination of a four year programme redefining the workplace of the future for the firm’s people and clients. The space was designed by ID:SR with furniture supplied by Sketch Studios.

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European property sector predicted to grow next year, despite economic challenges

European property sector predicted to grow next year, despite economic challenges

by • Facilities management, News, Property

European property sector predicted to grow next year, despite economic challengesThe European property sector is predicted to grow next year, according to CBRE’s 2019 EMEA Market Outlook report. Although recent indicators suggest some slowing of momentum economic growth in Europe will remain above-trend rate in 2019 and 2020, with Spain, Ireland and the central European countries expected to see the fastest economic growth. France’s growth is expected to accelerate as recent economic reforms begin to pay off; however, UK growth is expected to remain below-trend, but with better long-term potential once the current uncertainty around Brexit passes. Office markets around the region are expected to see positive growth in leasing levels in 2019. However, major European cities, including Paris, Berlin, Stockholm and London, are expected to see lower levels of employment growth in office-using sectors. More →

Core Innovation Hub secures funding to transform the way buildings are designed, built and managed

Core Innovation Hub secures funding to transform the way buildings are designed, built and managed

by • Architecture, Facilities management, News, Property, Workplace design

An alliance of experts specialising in digital, manufacturing, building performance standards and construction technology has been awarded leadership of a new national Hub to drive innovation and technological advances in the UK construction and infrastructure sectors. Following a nationwide competition, Innovate UK has awarded £72 million to the Transforming Construction Alliance to deliver a national Core Innovation Hub, a key element of the Transforming Construction programme. The alliance brings together the specialist expertise of the MTC (Manufacturing Technology Centre), BRE (Building Research Establishment) and the CDBB (University of Cambridge Centre for Digital Built Britain).

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Line up of speakers announced for Workplace Trends: Research Spring Summit

Line up of speakers announced for Workplace Trends: Research Spring Summit

by • Events, Facilities management, News, Technology, Workplace design

The research-driven Workplace Trends Spring Summit returns for 2019. We have two sessions with invited guest speakers, our keynote and the after lunch debate. Following a recent Call for Abstracts and a blind peer review by our two moderators for the day, Nigel Oseland (Workplace Unlimited) and Mark Eltringham (Workplace Insight), the remaining sessions have now been filled with the highest ranked submissions.

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New report challenges idea that productivity has no link with income

New report challenges idea that productivity has no link with income

by • News, Workplace

A new IZA World of Labor report published today suggests that workers’ effort may be more responsive to wage incentives and therefore the efficiency costs of progressive labour income taxation larger than previously thought. A fundamental question in economic policy is how labour supply responds to changes in remuneration. The responsiveness of labour supply determines the size of the employment impact and efficiency loss of progressive income taxation for example. The economist Tess Stafford of the University of New South Wales, Australia, summarises a number of recent studies of independent contractors’ labour supply which confirm a key prediction of economic theory: workers work more (in fact, quite a bit more) when earnings are temporarily high.

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New interior design collective launches in Manchester

New interior design collective launches in Manchester

by • Company news, Workplace design

Mix Design Collective in association with Bruntwood, part of Mix Week Manchester, is a brand-new workplace design event that will celebrate the best national and international design products. Created by Mix Group, home to Manchester Headquartered, award winning Mix Interiors magazine and Out There Events, Mix Design Collective will see themed spaces, curated by leading architects and designers including Gensler, Hassell, Faulkner Brown Architects, Incognito, Michael Laird Architects and tp bennett. Heart Space, Health & Wellbeing, Engage, Smart & Connected, New Analogue and Escape will showcase a range of workplace settings incorporating cutting edge design ideas and products. Mix Design Collective is a must attend event and free of charge for those involved in architecture, design, commercial property and construction. Visitors will have access to the design leaders of the future whilst being immersed into the six live working zones.

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The most common workplace tactics for health promotion may be detrimental for overweight employees

The most common workplace tactics for health promotion may be detrimental for overweight employees

by • News, Wellbeing

Workplace health promotion programmes that encourage employees to take responsibility for their own weight may have detrimental effects for employees with obesity, reveals a new study. These range from feeling increasingly responsible for their weight but perceiving they have less control over it, to increased workplace weight stigma and discrimination. Ironically, these effects could even lead to increased obesity and decreased wellbeing. Published in Frontiers in Psychology, the study finds these pitfalls could be avoided through programs focusing on the employer’s responsibility to maintain employee health.

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Biophilic design the key to improving mental health, productivity and stress levels

Biophilic design the key to improving mental health, productivity and stress levels

by • Architecture, News, Wellbeing, Workplace design

An expert panel at this week’s Welcome to the Biophilic Concrete Jungle event in London made the case for incorporating the principles of biophilic design into the workplace, including for health and wellbeing considerations, the promotion of productivity and to address workplace stress and urban disconnection from nature. HOK organised the event.  Panellists included Joyce Chan, Head of Sustainability and Trina Marshall, Regional Leader of Consulting from HOK, Professor Derek Clements-Croome from Reading University, Alexander Bond from Biophilic Design and Dr Ed Suttie from BRE.

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Proportion of flexible space within corporate portfolios to increase dramatically

Proportion of flexible space within corporate portfolios to increase dramatically

by • Coworking, Facilities management, Flexible working, News, Property

Proportion of flexible space within corporate portfolios to increase dramatically

Despite the proliferation of coworking and serviced office operators the majority of global corporates still occupy office space on a traditional lease model, with two thirds of companies in a survey by Knight Frank reporting that co-working, serviced and flexible office space comprise 5 percent or less of their current office space. Knight Frank’s Your Space report, which surveys senior executives at 120 global companies which collectively employ in excess of 3.5 million people worldwide and occupy an estimated 233 million sq ft of office space, found that just a small minority, less than 7 percent, said that flexible workspace exceeds a fifth of their total workspace. More →

Modest goals are more appealing to people than maintaining the status quo

Modest goals are more appealing to people than maintaining the status quo

by • News, Workplace

Thanks to a quirk in the way our brain evaluates goals, people feel it’s easier to achieve a small incremental goal than to maintain the status quo, when both goals are assessed in isolation. This is especially true if the context is seen as unfavourable.  This finding, which contrasts with the popular belief that no change is easier than any change, is the main conclusion of research led by marketing professors from INSEAD, IE Business School and Pamplin College of Business.

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