Search Results for: commercial

September 24, 2015

Weighing up the pros and cons of the BREEAM environmental standard ⁰

by Charles Marks • Comment, Environment, Facilities management, Workplace design

For some years there has been a growing awareness of the need to improve the environmental performance of buildings. This is closely linked to both the Government’s own international commitments to reduce carbon emissions by 80 percent over the next 35 years and the need of organisations to act ethically and cut costs while they’re about it. Buildings are important in this regard because of their impact on the environment (and the bottom line). According to The Carbon Trust, buildings produce around 37 percent of the UK’s total carbon emissions, 40 percent of it from commercial buildings.This is commendable stuff but the real problems arise when it comes to meeting such laudable goals in practice. We are learning all the time about how to achieve the best results and we are helped in that with the availability of a number of increasingly sophisticated building environmental standards.

September 15, 2015

Rapid growth in the number of offices converted to residential use ⁰

by Mark Eltringham • Cities, Knowledge, News, Property

The 2013 introduction of new laws which allow greater scope for the conversion of UK offices to residential use is now beginning to have a major impact on the commercial property market, according to a new report from the British Council for Offices (BCO). According to the study, which focuses in particular detail on London and Bristol, more than 6 million sq. ft. of office space was converted to residential use last year following the launch of Permitted Development Right (PDR). This is likely to increase dramatically over the next few years, especially in the capital. A report published last year by Lambert Smith Hampton claimed that there had been a huge leap in applications following the introduction of the new laws and the BCO study confirms the existence of pent up demand from the number of approved schemes yet to be implemented.

September 11, 2015

London’s allure for Millennials is less than it was, claims report ⁰

by Mark Eltringham • Flexible working, News, Workplace

The allure of London for Generation Y appears to be fading, according to a new report from Lloyds Commercial Banking. According to the study of 200 Millennials and 400 SMEs, the most talked about Generation appears increasingly happy to work for a small firm, wherever they are located. The survey claims that relocating to London is not on the agenda for half (51 percent) of Millennials, who would be happy to move anywhere for the right job. Over a third (35 percent) don’t want to move away from home, while less than a tenth (eight percent) insist they will only work in the capital – which the report claims is good news for SMEs located outside of London (assuming they want to employ Millennials in the first place, obviously). According to the report, location ranked seventh on the list of factors that would attract Millennials to a business.

September 10, 2015

Shared office ruling could cost Scottish firms millions more in rates ⁰

by Sara Bean • Facilities management, Legal news, News, Property

Large firms that occupy several separate floors in a prime office may need to pay tens of thousands of pounds more in rates, property managers have been warned. The decision by the UK Supreme Court on business rates in shared office buildings will lead to higher fees for many businesses in Scotland, according to commercial property experts at Colliers International. The firm says that the case of Woolway Valuation Office v Mazars, in which the Supreme Court held that businesses occupying space across several floors should pay separate rates for each, will lead to changes in valuations across the country that will cost firms millions of pounds. Up until now, such arrangements were charged as a “single occupation” and benefited from economies of scale. Paying for two separate sets of rates is likely to be more expensive, and the court decision even allows for the changes to be implemented retrospectively.

August 31, 2015

BSI revises design and construction standard for facilities managers ⁰

by Neil Franklin • Architecture, Facilities management, News, Property

BSI, the UK based organisation responsible for developing and publishing standards for businesses, has revised BS 8536-1 Briefing for design and construction: Code of practice for facilities management (Buildings infrastructure). The standard has been included in the Level 2 BIM package which the Government expects companies to offer when tendering for Government contracts. The standard has now been brought into line with the principles of the Soft Landings Framework and Government Soft Landings (GSL) post occupancy evaluation and BIM requirement. Soft landings is designed to enable the transition from design and construction into operation. It advocates collaboration during briefing, design, construction and handover between the design and construction team and the operator, operations team or facilities manager.

August 25, 2015

Flexible working and coworking are disrupting property markets worldwide ⁰

by Mark Eltringham • Flexible working, News, Property

Coworking space and the growth of flexible are already having a major disruptive effect on commercial property markets worldwide, according to a study from real estate trade association CoreNet Global. The survey of members representing a diverse range of sectors found that the two most disruptive trends in the market over the short to medium term are flexible working environments (64 percent) and new technology (64 percent). The report, which has been issued to CoreNet members ahead of the organisation’s 2015 EMEA Summit which will take place in London in September, claims that coworking spaces are capitalising on these trends to have a major disruptive effect on local property markets and are particularly attractive to occupiers from specific sectors such as those working in financial technology.

August 18, 2015

Car sharing and longer commutes are the keys to workforce mobility ⁰

by Mark Eltringham • Cities, Flexible working, News

The Government should introduce new policies to incentivise people to car share and travel further afield to find work. Those are two of the key finding of a new report, On The Move, from the think tank Policy Exchange which sets out ways to improve the mobility of the British workforce. Making it easier for people to commute twenty minutes further afield would put them in touch with at least one additional major urban area and potentially 10,000 more job opportunities, according to the report. Additionally, it suggests that drivers who offer fellow commuters a lift should be given a tax break. The authors claim that in a third of local authorities that make up the eight city regions no major employment sites (defined as having 5,000 or more jobs) are within a twenty minute commute by public transport and 80 percent of these Local Authorities have an unemployment rate above the national average.

August 14, 2015

Apathy, laxity and ineptitude continue to dog data security issues ⁰

by Mark Eltringham • Flexible working, News, Technology

How firms must hanker for the days when the issue of corporate data security could usually be addressed simply by asking what somebody had in their bag when they left the building or were fired. Amongst other things, the practice of Bring Your Own Device (BYOD) means that the ways for data to leak out of the organisation are now numerous, if not generally malicious. A new cluster of reports has emerged that highlight how carelessness, indifference, cultural ineptitude and the complexities of unmanaged, privately owned technology make it increasingly difficult for firms to maintain the security of their data. While some of the sources of this leakage are generally well known, a couple that are not generally acknowledged is the apathy of employees when it comes to keeping work files safe and secure and the lax attitude of employers when breaches occur.

August 10, 2015

London is leading the way in the global coworking revolution ⁰

by Mark Eltringham • Flexible working, News, Property, Workplace design

Changing attitudes amongst occupiers towards office space and the explosion in the numbers of freelance workers and microbusinesses are driving an upsurge in coworking and other flexible working environments worldwide. That is the key conclusion of a new report from DTZ which claims that the number of dedicated flexible working locations worldwide is likely to hit 50,000 over the next three years, with parts of London leading the way. We reported recently how coworking pioneer WeWork has already announced its plans to dominate London’s commercial property scene in the same way it already does Manhattan’s. Now, the How You Work report from DTZ suggests that this is the shape of things to come for many cities, with London leading the way alongside a tranche of global tech and creative centres such as New York, Berlin and Shanghai.

August 6, 2015

Government publishes details of £118 bn pipeline of construction projects ⁰

by Mark Eltringham • Facilities management, Knowledge, News, Property, Public Sector

The UK Government, in conjunction with construction industry data specialist Barbour ABI, has published a full detailed list of around £118 billion of publicly funded building projects scheduled for the next five years. You can find the pipeline as a spreadsheet here, with the data broken down by sector and including some basic data for each project. The Government has also introduced a dedicated website with details of the projects with updates to the raw data available via both the central government website and at data.gov.uk. The government construction pipeline is now updated twice a year which the Government claims will ‘extend its reach beyond the major construction spending departments and improve the integrity of the data’ and demonstrate its commitment ‘to continuous engagement with industry and government clients on current use and future improvements’.

July 29, 2015

Public sector lagging behind in use of technology and flexible working

by Mark Eltringham • Flexible working, News, Public Sector, Technology

As we reported last week, the UK public sector is embracing some interesting new ideas in the way it uses real estate, especially its commitment to get rid of some of it by adopting flexible working and shared space. However, it’s one thing looking to use space in more flexible ways but without the technological infrastructure, it’s hard to see how they will be able to achieve as much as they could. It is in this regard that they are lagging behind their contemporaries in the private sector, according to a new report from O2 and YouGov. While the report, Redefining selling, serving and working, offers up the usual appeals for us all to make more use of the sorts of things O2 wants us to buy, there is plenty of interesting detail to tease out once the pinch of salt has been applied, not least how business practices and the way people use technology vary across sectors.

July 27, 2015

Coworking juggernaut WeWork announces plans to dominate London

by Mark Eltringham • Flexible working, News, Property, Workplace design

Earlier this month, US based coworking juggernaut WeWork announced that it had opened the UK’s largest space of its kind in Moorgate in East London. Now, according to a report in the journal CoStar, the firm is looking to become a major tenant in the commercial property market in London in the same way that it has come to dominate Manhattan. According to the report, WeWork is looking to acquire over 1 million sq. ft. of space in the capital over the next 18 months as it seeks to provide coworking space for its growing customer base of young creative and technology businesses and other start ups. If it succeeds in finding the space it wants, the firm will have quadrupled the commercial property it occupies in London to 1.5 million sq. ft. WeWork is already Manhattan’s largest tenant and is now valued at $10 billion, having started in 2010.