November 22, 2018
Poor mobile coverage in commercial buildings is jeopardising business
The majority (89 percent) of employers say in-building mobile coverage is important to their business, but only 17 percent of businesses have full bar indoor mobile coverage, claims a new report. ‘Building Connections’, commissioned by Vilicom argues that as 78 percent of adults own a smartphone and check it every 12 minutes on average, and with the number of UK landlines falling 35 percent from 10m in 2010 to 6.4m in 2017, a lack of mobile coverage seriously threatens productivity, revenue, damage to reputation and customer satisfaction for organisations of all kinds.
Investment in City of London offices is up by 7.6 percent for the same period last year reaching £9.47 billion as of the end of October 2018 – while the West End market is on track to reach at least £7.4 billion before the year is out. This is up on the £7 billion turnover seen in 2017, according to Savills. Stephen Down, executive director and head of Savills Central London investment team, says: “Demand for central London offices has remained buoyant throughout 2018. While we may not see the year set any new records, annual volumes look set to either surpass or draw very close to those of 2017. 
There is a critical need for to simplify the regulatory framework designed to improve energy efficiency in commercial buildings finds a recent report from the Environmental Industries Commission (EIC) Carbon Management & Sustainable Buildings Working Group. It also suggests that Brexit could act as a spur to rethink the right combination of policies to reform enforcement systems. The report, Improving non-domestic energy efficiency after Brexit, one of a series EIC is publishing setting out its members’ views on the impact of Brexit on environmental policy and how policy should evolve after the UK leaves the EU, covers the breadth of energy efficiency policy for non-domestic buildings. As part of its research, EIC surveyed England’s local authorities, who have responsibility for trading standards, finding that out of those that responded (122 out of 149), no local authorities have been issuing fines for failing to display Energy Performance Certificates or Display Energy Certificates.
Take up of commercial office leases in London’s West End had its strongest start to the year since 2012, with the banking and finance sector continuing to actively seek space, new figures from CBRE have revealed. The amount of office space under offer on in Central London at the end of Q1 2018 stood at 3.2m sq ft, representing an increase of 6 percent on the previous quarter and showing a 3 percent increase on the same point last year. Take-up in Central London reached 2.8m sq ft in Q1 2018, with its largest deal boasting a 65,900 sq ft letting to WS Atkins at Nova North in Victoria. Availability in Central London increased by 7 percent to 14.3m sq ft but that is still below the total 12 months ago. A total of 1.1m sq ft of development and refurbishment space completed in Q1. A further 2.3m sq ft is expected to complete before the end of the year, of which 54 percent has already been committed to be leased. By the end of the quarter, 9.1m sq ft was being actively sought by occupiers, primarily from the banking and finance sector (26 percent) and creative industries sector (24 percent).
