Search Results for: commercial

HS2 will generate £40 billion in economic benefits and a surge of investment in office space, claims new report

by • News, Property, Public Sector

HS2According to a report published today in The Daily Telegraph, the UK’s new HS2 high speed rail network will encourage housebuilding and commercial property development as part of a £40 billion boost to the UK economy. The report, produced by consultants EY, also suggests that  new developments around the main stations along the route, including Birmingham, Manchester and West London would generate some £1 billion  a year before the route’s completion in 2035, including some 850,000 sq ft of new office space. The newspaper claims the full report will be released by the Government this week as part of its campaign to win support for the controversial scheme and that its content will be a major talking point at this week’s MIPIM which takes place for the first time in London. It was revealed recently that the Government now expects the scheme to cost £73 billion, a figure which critics, including Mayor of London Boris Johnson claim could be spent more wisely.

Details released of 510,000 sq ft office development at Moorgate Crossrail station

by • Cities, Company news, News, Property

Moorgate Crossrail station developmentProperty developer Land Securities has released details of its 510,000 sq. ft. commercial property scheme on the site of the new Moorgate Crossrail station in the City of London. The mixed use scheme consists of two buildings providing 410,000 sq. ft and 100,000 sq. ft. of office space, a landscaped courtyard and a high level walkway linking the station site with the Barbican. Retail space will also be incorporated alongside the walkway.  The scheme is part of a programme of development by Land Securities linked to the new line, which will provide a total of 1.1m sq ft around various Crossrail stations. The firms is expected to submit a planning application for the site later this year with work on the site expected to start in 2018 in parallel with the construction of the Crossrail station on site. As well as improving Greater London’s transport links, the £15 bn Crossrail project is seen as an important catalyst for property development in the capital.

BCO announces winners of national awards for Britain’s best workplaces

by • Facilities management, News, Property, Workplace design

Britain's best workplaces - One RiversideThe BCO has announced the winners of its prestigious annual National Awards to honour what it considers Britain’s best workplaces. The overall winner was Number One Riverside in Rochdale (above). The office, home to Rochdale Metropolitan Borough Council, was also recognised as the Best Corporate Workplace in the UK, and topped a list of six other award winners recognised for excellence in office space.  Number One Riverside was singled out by the judges for its consolidation of the Council’s estate from 33 buildings into one. The project is also the centrepiece for the first phase of a major regeneration in the borough of Rochdale, ‘providing a new civic office that promotes new ways of working and creates a sense of community, engagement and social transparency.’ The building was commended by the judges for its incorporation of a range of public space alongside the workplace, including a library and cafe and customer service facilities.

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New property programme supports co-working between tech businesses

by • Facilities management, News, Property, Technology

co-workingOver the next decade, London’s digital tech sector is expected to grow at a rate of 5.1 per cent per annum, creating an additional £12 billion of economic activity and 46,000 new jobs, which in turn is driving change in the commercial property market. Now the rapid rise of the UK property tech market is to get a boost with the announcement of a programme which provides tech companies with access to investment, mentoring and co-working business space. In a strategic partnership with Cushman & Wakefield and Spire Ventures; Pi Labs, Europe’s first property-focused technology accelerator company, will invite start-ups to apply to join the Pi Labs accelerator programme. This will be located within ‘Second Home’, a new iconic 20,000 sq. ft. co-working space in Shoreditch, designed to set new global standards in the provision of stimulating private and social workplace environments supporting collaboration and co-working amongst creative and technology businesses.
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Vital role of FM in success of an organisation illustrated in latest RICS case studies

by • Facilities management, News, Property, Public Sector, Technology

Vital role of FM in success of an organisation illustrated in latest RICS case studiesThe utilisation of Building Information Modelling (BIM) to innovate FM within a business, and the way in which strategic FM can help boost the wellbeing of employees are two of the latest case studies launched by the Royal Institute of Chartered Surveyors (RICS) aimed at illustrating the vital role played by FM in the success of an organisation. The case studies, produced by International Workplace, and available to download here, outline how businesses, large and small, can utilise strategic FM to enhance their business’ output. Through organisations as varied as The Royal BAM Group and the Hong Kong Jockey Club, the theme of professionalising FM is brought to life and explained using tangible, real life examples. Speaking at the launch of the case studies, held at KPMG, featured for its living wage initiative, Neil Murray, Managing Director at Sodexo UK talked about the contribution FMs can make to an organisation by making it a better place to work. More →

Julian Assange escapes incarceration to take part in conference as a hologram

Julian Assange escapes incarceration to take part in conference as a hologram

by • Facilities management, Flexible working, News, Technology

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We have grown accustomed to the way technology distorts time and space. This, after all, is the underlying tension that defines each of the major debates about the workplace, including flexible working, office design, facilities management and the acquisition of commercial property. But, as they say, we ain’t seen nothing yet as the next generation of technologies starts to scale the upslope of the diffusion of innovation curve. People have been talking about telepresence for a little while, but it is about to achieve mainstream awareness thanks to events such as the appearance of Wikileaks Founder Julian Assange at a conference in the USA last week. Assange is famously holed up in London in the Ecuadorian Embassy, challenging his extradition to Sweden to face trial and can’t leave the building without being arrested. So the way he appeared at the conference in Nantucket was as a hologram.

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Government invites responses on EU public sector procurement regs

by • Legal news, News, Public Sector

public sector procurementThe UK Government is inviting firms to contribute to a new consultation on the implementation of the latest EU draft regulations for public sector procurement. The Government claims that the consultation follows two years negotiation with the EU on the simplification and modernisation of public sector purchasing and its results will help them to implement the 2014 EU Public Sector Directive effectively and in the best way. The ultimate aim of the new regulations is to make public sector procurement ‘faster and less costly and will lead to better value outcomes for government, industry, and the wider public sector’. The consultation document can be found here. Responses should be emailed to transposition@cabinet-office.gsi.gov.uk or in writing to Crown Commercial Service Helpdesk, Cabinet Office, Rosebery Court, Norwich, NR7 0HS.

Winners of Design Guild Mark for 2014 announced by The Furniture Makers Company

by • Furniture, News, Products, Workplace design

Zoeftig Support chairThe Furniture Makers’ Company used last week’s 100% Design show to announce the Design Guild Mark award recipients for this year. The Design Guild Mark, now in its seventh  year since launching in 2008, rewards excellence in the design of furniture in volume production. According to the organisers, with the award of this Guild Mark for designs which meet The Furniture  Makers’ Company  criteria, the designers receive due recognition and the industry is made more aware  of  the importance of investment in design.  The Design Guild Mark aims to acknowledge the work of the finest furniture designers working in volume production and the best of British furniture designers working abroad. This year’s winners include Pearson Lloyd’s RIYA task chair for Bene and a posthumous award for the classic Supporto Chair (above), designed by the late Frederick Scott and now manufactured by Zoeftig.

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Portfolio working could become the norm in ten years time says KPMG

by • Flexible working, News, Workplace

Portfolio working could become the norm in ten years time says KPMGAt last year’s Worktech London, Charles Handy discussed the ascent of the portfolio worker. In a new survey by KPMG, 63 per cent of business leaders agree that portfolio workers will gain mainstream commercial acceptance within the next ten years. But some confusion remains as to just what constitutes a ‘portfolio worker’ as distinct from employees on flexible work schedules or freelancers. Just over a third (35%) of Generation Y respondents understood the term “portfolio workers” but they felt that they were simply freelancers by another name (78%), as did three quarters of the senior executives (76%) and the older respondents (74%). According to the survey portfolio workers differ from freelancers by having contracts in place with a number of different companies simultaneously, with a guaranteed number of hours of work from all during any given period of time. This approach, as Hardy has predicted, looks set to become the new way of work. More →

Two new reports highlight major public sector procurement failings

by • Facilities management, News, Public Sector

public sector procurementA newly published  review from the UK’s National Audit Office claim that the poor management of the country’s public sector procurement function means that fraud is widespread to the tune of tens of billions of pounds. The review found that a lack of oversight and a belief that some contracts are too important to fail open the doors to fraud. A separate NAO report also claims that the function is given a low priority and too often is more interested in just getting deals signed and out of the way than thinking about how contracts function in practice. The review into the level of fraud and overcharging in Government outsourced contracts which was carried out in the wake of the high profile of the cases of ‘bad practice’ by G4S and Serco claims that the public purse may be exposed by as much as £40 billion. Five government contracts are already under investigation by police or the Serious Fraud Office, according to the report and more will follow.

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London ranked the best city to invest in major office refurbishment

by • Facilities management, News, Property, Workplace design

office refurbishmentLondon offers the best returns on office refurbishment of any city in the world, according to a new report from ARCACDIS. The firm’s survey of buildings more than 20 years old in thirteen cities found that returns on capital invested in major refurbs (which extend the life of the office by up to 20 years) in London were nearly ten percent, significantly higher than second placed Warsaw (7.5%) and Milan (6%). However, London was only ranked second for return on investment in minor office refurbishment, defined as a refurbs that aims to extend the life of the building by up to 5 years. Top place in this instance went to Madrid (9.6%), followed by London (8.5%) and Shanghai (7.9%). The least attractive market for office refurbishment was found to be Dubai, which the report claims is due to the large supply of new office space.

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Office planting improves workers’ quality of life and productivity finds study

by • Environment, Facilities management, News, Workplace design

Office planting improve office workers’ quality of life and productivity finds studyClaims by office designers and suppliers that office planting has wider health benefits for occupiers than just making the place look more attractive have been given a boost in a new academic study which provides some empirical evidence.  In the first field study of its kind, researchers found enriching a ‘lean’ office with plants could increase productivity by as much as 15 per cent. The study, which involved academics from the University of Exeter; the University of Groningen in The Netherlands, and the University of Queensland, Australia examined the impact of ‘lean’ and ‘green’ offices on staff’s perceptions of air quality, concentration, and workplace satisfaction, and monitored productivity levels over subsequent months in two large commercial offices in the UK and The Netherlands. It concludes that ‘green’ offices with plants make staff happier and more productive than ‘lean’ designs stripped of greenery. More →

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