Search Results for: commercial

April 8, 2015

Sino might: a review of the CIFF office design show in Guangzhou

by John Sacks • Comment, Furniture, Products, Workplace design

Guangzhou, about two hours by train from Hong Kong, is China’s third city. It is a sprawling metropolis. Apart from a cluster of skyscrapers and the busy, broad sweep of the Pearl River which carves the city into districts, it has few redeeming features. Unlike the previous years’ office design shows hosted in Guangzhou, the heavy rain stayed away and the weather was hot and humid. It would probably have been sunny, were it not for the pall of smog which constantly shrouds the city. The 35th China International Furniture Fair is too large to be held at one time in the 430,000 sq. m. China Import & Export Fair complex, so it’s split into two, five day phases, held six days apart. Billed as the ‘Fabulous Furniture Fair’, Phase 1 concentrated on residential furniture. Phase 2 was for CIFF Office and for Interzum – the furniture materials and machinery show.

April 1, 2015

New safety regulations to affect even routine building maintenance tasks

by Sara Bean • Facilities management, Legal news, Property

Any organisation which intends to contract for construction work could risk fines or imprisonment if they do not comply with new legal safety regulations covering site management. Pinsent Masons, the law firm behind Out-Law.com is warning that The Construction (Design and Management) (CDM) Regulations, which come into force on 6 April, will affect all construction work in the UK. The regulations give ‘clients’, meaning anyone for whom a project is carried out, a greater role. Once in force, the regulations will require commercial firms to appoint a principal designer and principal contractor whenever any work involves more than one contractor – even where the work involved is very limited and over quickly. The scope of ‘construction work’ under the regulations is wide, covering everything from major infrastructure projects to installing new showers.

April 1, 2015

CBRE acquires facilities management business from Johnson Controls

by Mark Eltringham • Company news, Facilities management, Property

Property giant CBRE has reached an agreement to acquire the facilities management business of Johnson Controls for $1.47bn. The deal will see CBRE acquire the Global WorkPlace Solutions (GWS) FM arm of the business, allowing the new enterprise to manage nearly 5bn sq ft of commercial real estate worldwide consisting of 2.3bn sq ft in North and South America, 1.2bn sq ft in EMEA and 1.4 bn sq ft in Asia Pacific. GWS, currently employs around 16,000 people worldwide, and had a turnover of around $3.4bn in 2014.The deal also see the two firms enter into a ten year strategic relationship, with CBRE offering a range of real estate services with Johnson Controls offering HVAC equipment and a range of building automation systems and other products in return. Both firms will also share investment in research and development.

March 31, 2015

SMEs provide the key to encouraging more women onto boards

by Aki Stamatis • Comment, Workplace, Workplace design

Research from the Government, released last week, found that women now accounted for 23.5 percent of FTSE100 board members, up from 12.5 per cent in 2011. The target is 25 per cent by the end of this year, meaning that another 17 women need to be appointed. However the research showed that small companies are less diverse at the top, with woman accounting for 18 percent of directors of FTSE250 boards. As Chairman of a company which employs 220 people, I believe that unleashing the potential of women in the business is an excellent way to grow and develop organisations. The female perspective is very powerful in every issue within a business. It adds enormous value to clients, can often save money by offering a different way of doing things and creates a better working environment.

March 26, 2015

London remains world’s most expensive city in which to live and work

by Sara Bean • Facilities management, News, Property

London has retained its place as the world’s most expensive city for businesses to accommodate their employees. But according to the latest analysis from Savills, Hong Kong and New York are closing the price gap. The three cities have dominated the Savills Live/Work Index since its launch in 2008 and form a tight group of world class cities where it now costs over US$110,000 per employee per year to rent typical office and living space. London is now 7.3 percent cheaper in dollar terms than in June 2014, while 4th placed Paris has slipped below the US$100,000 per employee threshold for the first time since mid-2012 as a result of rental falls, dollar appreciation and euro weakness. Meanwhile, fuelled by an improving US economy and tech industry expansion, San Francisco has outpaced all other cities in the live/work index, with growth in rent and other real estate costs of 55.1 percent since 2008.

March 25, 2015

Workplace services provider to pay all staff the living wage

by Sara Bean • Company news, Facilities management, News, Public Sector, Workplace

Services and facilities management group Sodexo has announced it is to join the Living Wage’s Service Provider Scheme and in future will report on and address the gender pay gap. It is part of its Public Service Pledge, an ethical manifesto for its contracts and conduct that includes a set of commitments aimed at ‘achieving a fairer and better society’. The Pledge also details ways in which it will step up reporting on its public sector contracts to increase transparency and accountability. Chief among these are pledges to publish the savings produced for Central Government through its contracts, and to publish annually how it has contributed towards Government clients’ stated target outcomes. Sodexo employs 34,000 employees in the UK and Ireland, with over half of those working on Government contracts, in justice, defence, healthcare and education.

March 23, 2015

Property investors favour sustainable buildings, claims report

by Mark Eltringham • Environment, Facilities management, News, Property

Property owners could make a greater return on their investments if they improved the sustainable credentials of their buildings, according to a new report published by CBRE. According to the study of 280 investors published in the Investor Intentions Survey 2015, a growing number are taking into account environmental considerations which they consider have a direct influence on the returns and value of their assets. Nearly three-quarters (70 percent) believe sustainability is either a critical or desirable criterion when making investment decisions with only 15 percent claiming that “sustainability is not a significant consideration in selecting assets to buy”. The report’s authors claim that while the property industry has been seeking evidence of the financial benefits of sustainable buildings for some time, this has been difficult to define given the complex factors that influence transaction prices.

March 22, 2015

March 20th issue of Insight is now available to view online

by Mark Eltringham • Facilities management, Newsletter, Workplace, Workplace design

In this week’s issue; we highlight six key workplace related issues from this week’s Budget announcement; Alan Williams tells a little tale of how facilities management might bring an organisation’s value to life; Colin Watson considers what our colonisation of tall and floating buildings tells us about how we work; office workers gripe about the problems they experience with the technology that is supposed to help them; Manchester and Edinburgh emerge as the UK’s most dynamic regional property markets; employee benefits policies fail to reflect the needs of family life; and the UK is missing out on a chance to harness the commercial nous and experience of the over 50s. Sign up to the newsletter via the subscription form in the right hand sidebar and follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

March 17, 2015

How facilities management brings organisational values to life. Or not

by Alan Williams • Comment, Environment, Facilities management, Workplace

We have used stories to pass on information for thousands of years and they remain the most powerful way we know to communicate. Indeed, the power of story is magnified in today’s super-connected, transparent world – the truth gets out fast and can be widely communicated – to millions of people all over the world – in such a short space of time. Here is a story which illustrates how employees’ “felt experience” every day strongly shapes their perception of an organisation and how the impact compares to official “corporate messaging”. This, in turn, highlights the critical (often under appreciated) role played by facilities management in reinforcing organisation brand and values. What are the implications for the role of FM and the wider HR agenda?

March 12, 2015

BREEAM consults on new scheme for refurbishment and fit-out projects

by Mark Eltringham • Environment, Facilities management, News, Workplace design

A draft of the part of the BREEAM sustainability assessment schemes which deals with refurbishment and fit-Out, has been published for consultation. Launched this week at MIPIM, the consultation will close on 10 April 2015. The draft document can be downloaded from the BREEAM website here. All interested parties, buildings owners and investors, designers, construction industry professionals, BREEAM assessors and other stakeholders are invited to send their comments to breeam@bre.co.uk with the subject: “Comments on draft BREEAM International RFO 2015”. The draft publication of of the scheme comes four months after the launch of the UK Refurbishment and Fit-Out 2014 scheme. BRE claims that this has been adapted for an international market to take account of a range of local and regional standards, conditions and climates.

February 18, 2015

Record uptake of London office space continues…but at a price

by Mark Eltringham • News, Property, Technology

Take up of leased office space in London has hit its highest level since 2000, claims a new report from BNP Paribas Real Estate. The recorded level of 4.49 million sq. ft. during the final quarter of 2014 was driven by serviced office operators and occupiers in the technology, media and telecoms sectors. TMT firms accounted for just under a third (31 percent) of the market in Q4 and 24 percent for the whole year. However the market is still characterised by a mismatch of supply and demand which means not only low vacancy rates in key business districts but also sustained upward pressure on rents. The average office rent per square metre in the City of London has risen by 17 per cent from £560 to £655. In the prime parts of the West End rents have jumped 8 percent over the year to £1092 per square metre.

February 18, 2015

£16.5m deal for office development at Moorgate Crossrail station confirmed

by Sara Bean • Cities, Company news, News, Property

Land Securities has confirmed it has bought the leasehold to the 1.9 acre site located at the western entrance to the Liverpool Street Crossrail station for £16.5 million. Plans for the site, at 21 Moorfields, EC2, which currently comprises vacated 1970s offices and a Transport for London (TfL) worksite, include two new buildings totalling approximately 500,000 sq ft of predominantly office space, with some retail at ground level and a public realm. The two proposed buildings will provide direct access to the underground and the new Moorgate Crossrail station below – due for completion in 2018. Land Securities entered into a conditional agreement to acquire the site in December 2012 and has since negotiated to own the site on two separate 250 year leases, with TfL having the option of participating in the development.