Search Results for: commercial

Groundbreaking public sector estate scheme rolled out nationwide

Groundbreaking public sector estate scheme rolled out nationwide

public sector estateWe’ve reported previously on the Government’s One Public Sector Estate scheme, which encourages local authorities to find ways to share office space and find other ways of divesting buildings as well as freeing up land for development. Over the past two years there has been a phased rollout of the scheme to 32 councils. Now the Cabinet Office and the Local Government Association claim they have gauged the success of the first two phases and are confident the scheme can be expanded nationwide. Their announcement suggests that the 32 councils who are currently on the programme own 28 percent of council land and property assets in England and have applied the ideas of the One Public Sector Estate Initiative to free up land for around 9,000 homes and create some 20,000 new jobs. The councils involved are also expected to raise £129 million in capital receipts from land sales and cut running costs by £77 million over 5 years.

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Growth in demand for scarce office space will lead to rents rise

Growth in demand for scarce office space will lead to rents rise

Growth in demand for commercial property as availability dropsDemand from business for commercial property rose for the eleventh consecutive quarter, while available space fell for the ninth successive period, according to the latest RICS Commercial Market Survey. As a result, rents are expected to rise at the fastest pace since the survey began in 1998 with 46 percent more respondents forecasting higher, rather than lower, rent rates going forward. Offices remain the segment of the market where rental expectations remain most buoyant, while retail continues to lag, although even in this area, momentum is picking up. Across the whole of the UK, but excluding the capital, 95 percent of respondents believe that current commercial market valuations are either at or below fair value (roughly unchanged since Q1 2015). However, in London 50 percent of contributors now feel that commercial office space valuations are ‘expensive’ – an increase from 45 percent in the first quarter of this year.

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Occupiers give big thumbs down to service levels from property sector

Occupiers give big thumbs down to service levels from property sector

facebook-thumbs-downThe property sector offers its customers pretty appalling customer service, according to a ‘damning’ new report from the British Council of Offices (BCO).  The study, based on the experiences of just 64 occupiers claims that fewer than one in five (17 percent) rate their property management service as “good” or “excellent” and fewer than one in three feeling that their suppliers understood their business needs. The survey found that although customer service is lacking, satisfaction with the end product itself was high, with two out of three occupiers happy with the quality of their office and three out of four perceiving quality to have improved over the past 10 years. The report sets out a 10-point action plan to improve the service occupiers receive, including adopting a new definition of “building performance” set by the BCO and encouraging more transparency.

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UK Government abandons zero carbon buildings pledges

UK Government abandons zero carbon buildings pledges

zero carbonThe UK Government has today announced that it is to abandon its plans to introduce zero carbon buildings, including homes in 2016 and zero carbon commercial buildings in 2019. As part of a range of planning measures officially announced by the Treasury, it has been confirmed that the government ‘does not intend to proceed with the zero carbon Allowable Solutions carbon offsetting scheme, or the proposed 2016 increase in on-site energy efficiency standards’. Officials from the Department for Communities and Local Government (DCLG) have also separately confirmed that the zero carbon policy for non-domestic buildings will also be discarded as part of the new changes. The move has already been heavily criticised by the UK Green Building Council and senior figures in the construction sector, who are dismayed at the move by a Government that once claimed it was to be the UK’s ‘greenest ever’.

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Local authority staff frustrated by poor quality working environments

Employees at UK local authorities are frustrated at their poor quality working environments and councils are suffering as a result, claims a new study from the Royal Institute of Chartered Surveyors (RICS). Over two thirds (68 percent) of employees polled for the report claim their workplaces need to be upgraded and nearly all (92 percent) said they take the standard of workplace into account when deciding where to work. Furthermore, 80 percent of current employees claim they take the standard of working environment into account when making decisions about whether to remain in the current role. In an interview with LocalGov magazine, Paul Bagust, director of UK commercial property at RICS, also warned that short term cost cutting in the workplace is likely to be counterproductive in the long term.

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Demand for East London offices rise as occupiers seek cost effective space

Demand for East London offices rise as occupiers seek cost effective space

The Transport for London Building at The International Quarter Stratford 3The amount of leased office space in London over the first half of this year is 13 percent ahead of the same time last year, according to new research published by commercial property consultancy Cushman & Wakefield (C&W). Leasing activity totalled just over 6.26 million sq ft from January to June 2015, compared to the same point in 2014 when 5.6 million sq ft was transacted and is the highest Central London first half total since 1998, when 6.7 million sq ft was let. According to C&W, the figures presented in the report suggest that there was a significant upturn in activity in East London, with 1.2 million sq ft let, only marginally behind the City market (1.24 million sq ft) and significantly ahead of West End volumes (915,000 sq ft).  East London offices take-up was at its highest level since Q4 2010 as a result of three transactions over 100,000 sq ft.

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Three ways in which the business case for green building design is moving on

Three ways in which the business case for green building design is moving on

ODD 02The case for sustainable building design used to be based on two straightforward principles. The first was that buildings had to offer up some sustainable features to comply with the ethical standards of their occupiers. The second was that there was some financial benefit. Often these principles went hand in hand, especially when it came to issues such as energy efficiency. They remain the foundations of the idea of green building design and are applicable across a range of building accreditations such as BREEAM as well as standards relating to specific products and policies. Over the past couple of years, however, we have become increasingly aware of other drivers that might make us all re-evaluate how we approach sustainability. These drivers are based on a more sophisticated understanding of green building design and the benefits for all of those involved.

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Beyond agile working: the six factors of knowledge worker productivity

Beyond agile working: the six factors of knowledge worker productivity

flexible workingWhilst the world has focussed heavily on the asset productivity of offices over the last 30 years, reducing the cost of offices per head, often using agile working as a tool for achieving this, it’s becoming clear that the mobility afforded by the latest technology products can be used to aid Knowledge Worker productivity. Knowledge work plays an increasingly large part in the economic fortunes of developing countries. Indeed the vast majority of people working in AWA’s client organisations are Knowledge Workers. Over the last 30 years we’ve seen a gradual shift from manufacturing to service and now to knowledge based industries. Knowledge Workers are broadly speaking ‘people who think for a living’. Whilst the concept of ‘productivity’ in manufacturing and service industries is well understood it is barely understood at all for knowledge based sectors.

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The latest issue of Insight weekly is now available for you online

The latest issue of Insight weekly is now available for you online

Insight_twitter_logo_2In this week’s issue; Mark Eltringham on the challenge for FMs in managing buildings not of their own making; and why Charles Eames came to tire of his association with his famous lounge chair. Douglas Langmead explains how the patterns of work and place in the Middle East evolved differently from the west and Lee Parsons warns that not enough thought is given to creating workspaces that support knowledge circulation. We provide a gallery of the winners of this year’s RIBA awards; the CIPD and BIFM identify ways the office environment influence workplace performance,  construction begins on the UK’s “greenest commercial building” and new DOH guidelines on creating a productive and healthy workplace. Subscribe for free quarterly issues of Work&Place and for weekly news via the subscription form in the right hand sidebar, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Long distance commuting, agile working and dinosaur extinction in the UAE

Long distance commuting, agile working and dinosaur extinction in the UAE

Make DubaiIn Dubai, there are no suburban dinosaurs; those large-scale, single purpose office buildings that ignore the agile realities of modern working life. In the western world, these giants evolved on business parks, driven by the perceived benefits of having office workers agglomerated in order to achieve efficiency of communication and dissemination. The business practices and technologies that underpinned these buildings have evolved and improved and many are in the process of being re-purposed. Things happen on a grander scale in the Middle East where the mantra is “if the land-use doesn’t fit the land, make more land.” Here, the patterns of work and place have evolved differently from the west, and at a much faster pace with creeping tides of development spreading rapidly out from the small centres of traditional trade and commerce to vast tracts of new development.

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A gallery of the workplace winners of this year’s RIBA Awards

A gallery of the workplace winners of this year’s RIBA Awards

DonmarDrydenSt workplaceThe full list of regional winners of the Royal Institute of British Architects (RIBA) Awards for 2015 has been finalised. The list of 37 winners will now go on to compete for the Stirling Prize in October. This year’s list is dominated by London projects, as is often the case, but also by homes whereas last year they were dominated by large scale projects, especially The Shard. We’ve rounded up a gallery of the major workplace projects in the list for England and Wales with some notes extracted from RIBA’s own commentaries (so don’t blame us). Each entry is hyperlinked for you to discover more about the project. Unfortunately, the regional winners for Scotland and Northern Ireland are not well served by their respective websites, which is a particular shame given the success Scotland in particular has in terms of the number and apparent quality of its winning projects.

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RICS case studies focus on business impact of strategic facilities management

RICS case studies focus on business impact of strategic facilities management

national-exhibition-centreSix case studies, which outline how businesses can make the most of strategic facilities management to enhance their performance are being launched today (19 June), at the NEC in Birmingham. Developed by International Workplace for the Royal Institute of Chartered Surveyors, the latest set of case studies in the series, provides examples of best practice as outlined in RICS’ Strategic Facilities Management (FM) Guidance Note. The case studies, which can be downloaded from RICS’ website, cover a range of strategic FM issues including procurement, innovation, technology, sustainability, talent management and health and safety. Key themes include a professional understanding of the impact of FM to a company’s reputation, brand and performance, engagement with staff and the supply chain, the importance of measuring impact and outcomes and communication.

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