Search Results for: commercial

The United Workplace launches to support business workplace strategy on a global scale

The United Workplace launches to support business workplace strategy on a global scale

by • Company news, Workplace design

A global collaboration of workplace experts has been formed to assist companies in the development of their workplaces. Workplace specialists Fourfront Group and Amicus are the founding partners of The United Workplace (TUW), an organisation set up to share expertise and knowledge and deliver workplace design, fit-outs and commercial furniture consultancy and installation worldwide. The network comprises of Fourfront Group in the UK, Amicus which delivers workplace design and fit-out projects in Australia, Ware Malcomb an architectural practice in the US, and Summertown Interiors, a United Arab Emirates fit-out contractor.

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New property scheme launched to cut the cost of empty space in NHS buildings

by • Facilities management, News, Property, Public Sector

New property scheme launched to cut the cost of empty space in NHS buildingsA new scheme to help the NHS cut the costs of empty space in their buildings has been launched this week by NHS Property Services (NHSPS). Properties that qualify for the scheme must be deemed surplus to NHS requirements and may be re-let, disposed of or considered as a development opportunity. The new Vacant Space Handback Scheme comes in response to feedback from commissioners who want to reduce the cost of maintaining space that is no longer needed for clinical services.  The cost of maintaining vacant space is kept as low as possible, though some costs are unavoidable where rent, business rates and some service charges remain payable. The total amount and cost of maintaining vacant space in the NHS is difficult to calculate, but costs are estimated to be in excess of £10 million a year on the NHS Property Services estate.

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UK serviced office take-up more than doubles in first half of 2017

UK serviced office take-up more than doubles in first half of 2017

by • News, Property

Serviced office take up across the UK has increased by 176 percent in the first half of 2017, reaching 1.07 million sq ft compared to the same period in 2016, which saw 386,750 sq ft acquired, according to real estate adviser Savills. The firm claims that while Central London saw a significant increase with take-up reaching 860,368 sq ft in the first six months, property markets outside the capital also saw substantial growth. Savills research shows that the M25 office market saw take-up by serviced office operators rise from 44,676 sq ft in the same period last year to 109,886 sq ft in the first half of 2017, while in the regional markets, serviced offices, including coworking spaces, accounted for 4 percent of overall office take-up in the first half of the year at 95,987 sq ft, compared to 41,568 sq ft during the same period in 2016.

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I’ve got some real estate here in my bag

I’ve got some real estate here in my bag

by • Comment, Flexible working, Property, Technology

Let us be lovers,
We’ll marry our fortunes together.
I’ve got some real estate
Here in my bag.
So we bought a pack of cigarettes,
And Mrs. Wagner’s pies,
And walked off
To look for America.
“Kathy”, I said,
As we boarded a Greyhound in Pittsburgh,
Michigan seems like a dream to me now.

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Office sector undergoing transformational structural disruption in response to changing supply and demand

Office sector undergoing transformational structural disruption in response to changing supply and demand

by • News, Property

Amid varying economic performances and property fundamentals, North American and European office leasing markets are generally performing well as they undergo an important shift in dynamics influenced by trends transforming both occupier demand and the supply of new product. Traditional drivers of demand are being joined by emerging disruptors that will increasingly shape the future of the office-space market and commercial real estate as a whole. These are some of the key trends noted in Avison Young’s Mid-Year 2017 North America and Europe Office Market Report. According to the report, of the 64 office markets tracked in North America and Europe, which comprise almost 6 billion square feet, market-wide vacancy rates decreased in 40 of the markets as nearly 52 million square feet was absorbed. Occupiers’ desire for new products remains strong and developers have responded, according to the report, with more than 62 million sq. ft. of office space was completed during the 12-month period ending June 30, 2017.

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Shake up of working culture and practices recommended to reduce pay gaps

Shake up of working culture and practices recommended to reduce pay gaps

by • Flexible working, News

All jobs should be advertised as available for flexible working, and greater support should be given to fathers to play more of a role in child care, in a shake-up of culture and working practices to reduce pay gaps, the Equality and Human Rights Commission said today. The call comes as the Commission’s strategy for tackling gender, ethnicity and disability pay gaps is released. A strategy to reduce pay gaps in Britain makes six recommendations outlining the action needed by government, in society and in our businesses to improve equality in earnings for women, ethnic minorities and disabled people. According to the EHRC, offering all jobs as flexible will remove the barriers faced by women and disabled people, who are more likely to have to negotiate flexible working or accept part-time jobs that are often low-paid. Creating work places with flexible cultures will increase opportunities for everyone, giving people greater choice about the role they play both at work and home. (more…)

Mayor announces plans to boost digital connectivity across London

Mayor announces plans to boost digital connectivity across London

by • Cities, News, Technology

The Mayor of London, Sadiq Khan, has announced a package of measures which he claims will boost digital connectivity across the capital and tackle London’s areas of poor connectivity – known as ‘not-spots’ – including the appointment of a troubleshooting ‘Not Spot Team’. Meanwhile, Transport for London is working to bring mobile connectivity to London Underground tunnels – one of the most high-profile not spots in the country. In spite of Brexit, London is still widely regarded as Europe’s leading technology hub, with a growing sector of over 40,000 digital technology businesses employing almost 200,000 people, as well as major bases of many leading global tech companies. But while the capital leads the way in tech growth, there are parts of the city where slow and unreliable broadband is a source of concern and frustration for businesses and residents alike, such as in Rotherhithe and parts of Westminster and the City of London.

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Air quality in cities would benefit more from electric heating in buildings than from electric vehicles

Air quality in cities would benefit more from electric heating in buildings than from electric vehicles

by • Environment, Facilities management, News

There would be more immediate benefits to the air quality in UK cities by converting all their buildings to electric heating than from the much talked about government plan to halt the sale of petrol and diesel cars by 2040, according to consultancy WSP. A switch to electric heating would provide around a 40 reduction in emissions, a similar level to what would be achieved if all vehicles were to become electric by 2040, according to the report. It highlighted the figures following yesterday’s government announcement that petrol or diesel cars would no longer be sold from 2040. In Central London alone 38 percent of NOx emissions come from buildings using gas power, claims WSP. In 2014 WSP published a report that showed that if all transport and buildings were to become electric by 2030 in London, air pollution could be reduced by over a third, carbon emissions cut by 80 percent and noise pollution reduced significantly. Its figures come from the expected London emissions in 2020 from London Atmospheric Emissions Inventory.

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Link between offices and wellbeing is too important for landlords and occupiers to ignore

Link between offices and wellbeing is too important for landlords and occupiers to ignore

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

Developers and landlords who invest to create offices that embody the occupier-driven focus on wellbeing will reap their rewards commercially while those that don’t face diminishing returns, according to a new report from Cushman & Wakefield. The Well Workplace report claims to map out the major trends, opportunities and challenges of the future facing owners and occupiers of commercial office space due to the growing emphasis on employee health and vitality as part of the work environment.  Improved lighting, layout and use of plants are all known to benefit wellbeing and can increase employee performance. Gains through boosting performance far outweigh potential cost savings through real estate efficiencies – making the imperative for occupiers clear, according to the report’s authors.

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BCO predicts how Brexit might impact on demand for office space to 2022

BCO predicts how Brexit might impact on demand for office space to 2022

by • Facilities management, Legal news, News, Property, Workplace

Commercial property occupiers remain cautious about the future, and hard data indicates that demand has, so far, been largely unaffected by Brexit, claims a new report from the British Council for Offices (BCO) . ‘Brexit and its Potential Impact on Office Demand’, examines how Brexit might impact on demand for office space on a national and regional basis through to 2022. According to the report, almost one year on from the Brexit vote the situation is one of uncertainty, feeding through to slower growth, with ‘an almost palpable sense that choppy waters lie ahead, particularly with regard to trade and movement of labour’. However, businesses continue to make long-term investments in the national economy and even in the City, some large investment banks have committed to large new office buildings. There is much variation in the relative performance of the UK’s major office centres, though, with some expanding and others apparently in decline.

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Twenty-first century construction is increasingly environmentally friendly

Twenty-first century construction is increasingly environmentally friendly 0

by • Environment, Facilities management

One thing is clear — within the next 20 years, we will reach our peak capacity in terms of oil consumption as a planet. Although, as demand for oil appears to increase year upon year, the global production of oil appears to decrease. As a result of this growing problem, the construction industry still derives most of its energy sources from oil-based fuels. Throughout the Western world, it is evident that the construction sector is heavily reliant upon crude oils. The reason for this is that without them, the construction process would not be able to function in its current form. This is however, having a detrimental impact on greenhouse gas emissions. Within the UK, 50 percent of carbon emissions are accounted for by the construction industry and machinery within the production process.

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UK government unveils £1 billion ultrafast broadband fund to aid remote working

UK government unveils £1 billion ultrafast broadband fund to aid remote working 0

by • Flexible working, News, Technology

The UK’s faltering move towards ultrafast broadband has been given a much-needed boost with the launch of a new fund, which will support the rollout of cutting-edge connections across the country. The government’s £400 million Digital Infrastructure Investment Fund (DIIF) will unlock over £1 billion for full fibre broadband, and kick-start better broadband connections across the country. Its aim is to revolutionise Britain’s digital infrastructure, making internet access more reliable for homes and businesses, and enabling more people to enjoy remote working without disruption. According to the Treasury, the flexibility to work remotely is pivotal for driving the economy forward; reducing overheads and helping businesses to start and grow.

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