Search Results for: commercial

Mixed response to Government office conversion plans

by • Architecture, News, Property, Public Sector

As predicted earlier this week, the government has confirmed new measures that will allow office space to be converted into homes without the need for planning permission. Further reforms are also intended to help boost rural communities and create jobs by allowing agricultural buildings to be converted for other business use, such as shops, offices, restaurants or leisure facilities without the need for planning permission. But the scheme has met with a decidedly mixed response from organisations as diverse as the Royal Institute of British Architects (RIBA) and local authority chiefs.  (more…)

Reversal of usual state of affairs as offices turn into homes

by • News, Property

After years in which we have gradually seen technology and flexible working practices transform our homes into offices, the UK Government has reversed this apparently natural order of things by introducing legislative changes to the planning system that will allow developers to convert office buildings into blocks of flats without asking councils for planning permission.  The intention is to address the UK’s housing shortage and stimulate the economy. It’s also a sign that many offices are empty as both a consequence of  the downturn and changes in the way they are designed and used. (more…)

Mayfair office plan gets green light

by • News, Property

hanover-sq-4018Westminster Council has granted Legal and General Property (LGP) planning consent for a new West End office in London’s Hanover Square, expected to become one of Mayfair’s most sought after squares following the completion of Crossrail. The redevelopment will comprise a 56,000 sq ft high office-based scheme, arranged over two basements, ground and seven upper floors. The office element will provide typical floors of 8,200 sq ft, whilst there will also be two retail/restaurant units on the ground floor, totalling 9,300 sq ft and fronting Hanover Square.

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Consensus in property industry for green agenda

by • Environment, News, Property, Public Sector

UKBC

The UK Green Building Council, backed by a wide range of trade and professional organisations across the construction and property sector, has sent an open letter to the Chancellor of the Exchequer George Osborne demanding a suite of policy changes to make the most of the green growth opportunity. The level of collaboration and consensus from within the industry is unprecedented, and includes, among others, support from the British Property Federation, Construction Products Association, British Council for Offices and Royal Institute of Chartered Surveyors.

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City of London grants planning permission for ‘The Scalpel’

by • Architecture, News, Property

No new building ever really deserves to be called ‘landmark’ unless it has acquired a nickname while still on the drawing board. That is why we can be assured that we will be hearing a lot more about the Kohn Pedersen Fox designed 38 storey HQ for US insurer WS Berkeley which has just been granted planning consent and already rejoices in the moniker ‘The Scalpel’. The new facility will provide over 500,000 sq ft of commercial space over 35 floors in Lime Street, East London. (more…)

CPA: UK construction activity will fall in 2013

by • Knowledge, News, Property, Public Sector

The UK’s Construction Products Association (CPA) has today reported that it expects overall construction activity in the UK to fall by around 2 per cent this year, with most of the decline attributed to a greater than 5 per cent drop in commercial projects. Particularly concerning is the fact that the Government’s austerity measures with regard to public sector investment have not been offset by an increase in private sector activity. However these figures still represent an improvement on the 9 per cent fall of 2011.  (more…)

Global sustainable real estate securities fund announced

by • News

A global sustainable property fund that invests in Real Estate Investment Trusts (REIT) and other publicly traded property companies that meet environmental and social sustainability criteria, has been launched by US real estate investment firm European Investors Incorporated (EII). The focus will be primarily on global equities of companies involved in the ownership, management, development and financing of commercial and residential properties that strive to meet sustainability requirements.
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UK construction set for growth, say surveyors

by • News, Property

Following the recent news that the UK’s construction sector had suffered a significant fall in the final quarter of 2012, better news emerges from the Royal Institute of Chartered Surveyors with a report indicating that the UK construction market is expected to turn a corner this year as the government’s focus on infrastructure starts to generate returns. Chartered surveyors are predicting that output is set to increase in 2013 according to the latest RICS construction market survey. (more…)

All right? Manchester property outperforms other UK regions

by • Knowledge, News, Property

The idea that the UK is essentially a closely bound federation of city states, each with their own culture and economy is given added credence by new research from CBRE into regional variations in the commercial property market. London does things  its own way, of course, but the top regional city is Manchester – the only one of eight centres that showed any evidence of rental growth during 2012, even though it was a modest increase from £29.50 per sq ft to £30 per sq ft. The full report can be viewed here.  (more…)

It pays to check the green credentials of manufacturers

by • Environment, Furniture, Workplace design

Generation from Knoll

Generation from Knoll

There is a theory that when companies talk about issues such as corporate social responsibility they are doing so because it helps them to achieve their business goals. This is the coldly rational thing to do according to people like free market guru Milton Friedman who argues that companies should not actively pursue altruistic ends unless that pursuit is ultimately in the interest of their shareholders. As Friedman puts it: ‘Hypocrisy is virtuous when it serves the bottom line. Moral virtue is immoral when it does not’.

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Clarification complaints on changes to EPCs

by • Environment, Facilities management, News

EPC_header_image_contentpageimageImportant changes to the requirements regarding Energy Performance Certificates (EPCs) are effective from tomorrow – 9 January 2013.

But according to RICS (The Royal Institution of Chartered Surveyors) many of these changes have not previously been discussed and RICS has been asking the DCLG for clarification on some of the amendments, including whether or not listed buildings are now excluded. (more…)

What does 2013 hold for the facilities sector in the UK?

by • Comment, Facilities management, Furniture, Property, Workplace design

FMJ MJE_0000Insight publisher Mark Eltringham offers some thoughts about what the coming year holds in the latest issue of Facilities Management Journal including the ongoing existential crisis of facilities management, why the commercial property sector needs to catch up with occupiers and designers as well as a plea for everybody to set ambitious goals and make realistic claims about their environmental impact.

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