Search Results for: commercial

August 9, 2018

How will Crossrail impact the office landscape of London and beyond?

We are now just a few months away from the grand opening of the central section of Crossrail, the 118km long railway line spanning London and the South East which will, once completed, will deliver a direct connection between all of London’s main employment centres; linking Heathrow with Paddington, the West End, the City and Canary Wharf. This ambitious redevelopment plan will bring huge positive change to the City and is estimated to generate over 850,000 new jobs in the Capital, as well as making the lives of those already working in London easier and more efficient.

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August 9, 2018

Strong growth in office investment helps bolster European real estate market

by Sara Bean • Cities, Facilities management, News, Property

Total real estate investment in Europe decreased by 8 percent in the second quarter of this year, but there has been strong growth in the offices sector, with volumes totalling €29bn, compared to €24.1bn for the same period last year. Office investment for the first half of the year was also up 11 percent on the same period last year. Furthermore, investment into other areas, including healthcare and student accommodation, remained resilient, with volumes on par with that of last year and 6 percent up on the first half of 2017. Following a more subdued start to the year, the UK posted a strong second quarter. Total investment in Q2 2018 reached €19.9bn, driven by a record quarter for London City office investment. Jonathan Hull, managing director of Investment Properties, EMEA at CBRE commented: “Despite ongoing political uncertainties, the UK remains an attractive destination for European and global capital.”

August 6, 2018

Government launches challenge to shape future transportation strategies

by Mark Eltringham • Cities, Flexible working, News, Technology

The UK government has begun work on its Future of Mobility Grand Challenge. First announced in May, the government believes the initiative has the potential to make the UK a world leader in strategies for moving people and goods. The announcement includes two calls for evidence, the first focused on improving first mile/last mile transportation connections, with a focus on electric vehicles and microtransit. The second addresses the more general issue of new technology and trends for urban transport. The government also claims the move will address changes in working cultures including lower levels of commuting and flexible working.

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August 1, 2018

Treating employees as workplace consumers could help improve productivity

by Sara Bean • Facilities management, Flexible working, News, Workplace, Workplace design

Treat employees as workplace consumers to help improve productivity says report Employers need to recognise the workplace as integral to delivering a business’ commercial strategy, and treat employees as ‘workplace consumers’ – creating ‘frictionless’ experiences and environments that help them perform to their best ability. This is according to a report: ‘Optimising performance: defining, designing, maintaining and evolving workplace experiences’ from Interserve, undertaken in partnership with Advanced Workplace Associates (AWA). The two-year study into the science behind effective working environments argues there is a need to radically re-envisage workplaces to optimise team productivity and maximise the value of physical working environments. It sets out a series of critical steps for knowledge-based businesses to revolutionise the workplace – and thereby aid employee performance. The report argues that traditional silos, from IT and HR to facilities, need to be broken down to integrate the management of the workplace as part of a ‘one-team’ approach; doing so will ensure companies can deliver a streamlined workplace experience which supports employee productivity.

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July 24, 2018

Barclays to create up to 2,500 jobs at new Glasgow tech hub

by Neil Franklin • News, Property

Barclays has announced plans to develop a new campus at Buchanan Wharf, Glasgow, which will provide what it claims is a state-of-the-art workplace for the bank’s functions, technology and operations teams. The aim is to create a working environment that will ‘help the bank deliver outstanding services to customers and clients by fostering innovation and collaboration’. Barclays has agreed to purchase the campus development from Drum Property Group Ltd and is currently working with them to finalise the design of the new facility as part of the wider Buchanan Wharf development. It is expected that, once completed, the campus will be able to accommodate up to 2,500 additional roles, doubling Barclays’ current workforce in Scotland and making the bank one of Glasgow’s biggest commercial employers.

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July 23, 2018

WeWork launches new brokering service aimed at small and medium sized businesses

by Mark Eltringham • News, Property, Workplace design

WeWork’s announcement of a meat ban last week has attracted a great deal of attention in the media but a quiet announcement put out on the firm’s website on Friday will have more profound implications for the facilities management, workplace and commercial property worlds. In September the firm will launch WeWork Space Services which is targeted at small and medium sized businesses including those that are not current members. It claims that the service will be a ‘holistic, one-stop’ that will meet the real estate needs of its target audience, including finding them the most appropriate office space and resources as well as free membership of WeWork spaces around the world.

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July 16, 2018

New government estates strategy will see thousands of jobs relocate away from London

by Mark Eltringham • News, Property, Public Sector

The UK Government has announced it latest plans to save around £3.6bn over the next two decades by dramatically scaling back its property estate and relocating thousands of staff as part of its new 12 year estates strategy. The Cabinet Office has outlined the plans to move thousands of public sector jobs, including senior roles, out of London by 2030, reducing Whitehall buildings from around 65 to 20 over the same period. Around 20 so-called Government hubs will be set up in the regions by the end of this parliament in 2022. In total, the strategy commits to reducing the number of government-owned office buildings from 800 to under 200, with an estimated saving of £3.6bn over 20 years.

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July 15, 2018

First planning application submitted at Haywards Heath business hub

by Neil Franklin • Company news, Property

The Commercial Park Group, a partnership between developer John Baker and leading building and civil engineering contractor Sir Robert McAlpine Ltd, has submitted a planning application to redevelop 21-23 Perrymount Road in Haywards Heath to provide 65,000 sq ft of new offices. This scheme is the first phase of a wider project to create a new 400,000 sq ft business hub called Haywards Park formed of multiple office redevelopments on Perrymount Road.
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July 11, 2018

Katrina Kostic Samen confirmed as President of the British Council for Offices

by Neil Franklin • News, Property, Workplace design

The British Council for Offices (BCO) today welcomes Katrina Kostic Samen as its new President. Katrina Kostic Samen, Founder and Managing Partner at KKS Strategy, formally takes over the position from Ken Shuttleworth, Founding Partner of Make Architects, at the BCO’s Annual General Meeting in London today, Wednesday 11th July. As Chair of the BCO Annual Conference held earlier this year in Berlin, Katrina set out the vision for her Presidential year, challenging delegates to look at the workplace from multiple occupier perspectives, and to ensure that they are designing and delivering offices which are inclusive and provide for a diverse workforce.

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July 11, 2018

Challenging some of the most commonly held misconceptions about coworking

by John Williams • Comment, Coworking

There are a number of misconceptions that dominate much of the writing around flexible workspace, despite all the press coverage and discussion around coworking over the last two years. Yet even in this comparatively short space of time, a number of misconceptions about the market have managed to take hold. Some of them are intuitive but wrong to some or other degree. Some are distorted by coverage. Some arise for other reasons. And we know this thanks to the extensive data gathered in Instant’s latest market report. So here in this piece, I am going to try to shatter some of the myths around flex workspace and coworking in particular.

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July 5, 2018

Responsible office fit-out toolkit published by Building Better Partnerships

by Neil Franklin • News, Property, Workplace design

Commercial property trade body Building Better Partnerships (BBP) has today published its latest free industry guidance – Responsible Fit-Out Toolkit: Offices. The Toolkit claims to provide guidance for owners and occupiers on how to integrate sustainability and wellbeing into an office fit-out. The authors claim that while workplace design plays a pivotal role in demonstrating a business’s values and can have an immense impact on the comfort and productivity of those working within and visiting a space, opportunities are rarely fully appreciated.

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July 5, 2018

IFMA and RICS collaboration announces new board members

by Neil Franklin • Facilities management, News

The International Facility Management Association UK Chapter has confirmed four new appointments to its Board of Directors, further strengthening its ties with the RICS FM Professional Group as part of the collaboration between what is claimed to be the world’s two largest organisations representing the profession. Joining the IFMA UK Board are four members of the RICS FM Professional Group Board including Rory Murphy FRICS, Commercial Director at VINCI Facilities and RICS World Regional Board Member for UK & Ireland. Murphy is joined by Dennis Markey FRICS, Chief Executive Officer at Gen2 Property, Paul Bagust, Global Property Standards Director for RICS and Stephen Shallcroft FRICS, Director Corporate Real Estate at ARCADIS.