Search Results for: construction

London office rents to rise due to “Boris bounce”

London office rents to rise due to “Boris bounce”

London office rentsRents for new, Grade A office space are likely to rise in many parts of London this year, a property consultancy has predicted. According to Carter Jonas, rents for prime located, new, mid-rise, Grade A space above 5,000 sq ft will typically increase by £1.50 – £2.50 per sq ft per annum by the last quarter of 2020 across most of the London office sub-markets. The forecast increases are being underpinned by continued low vacancy rates and unexpectedly strong demand as business confidence increases following the general election. More →

Public sector hiring intentions at 12-year high

Public sector hiring intentions at 12-year high

An increase in hiring intentions among public sector employers looks set to support further employment growth in the UK, according to a report from the CIPD and the Adecco Group. The latest quarterly Labour Market Outlook survey suggests that public sector employment growth is expected to increase in line with the private sector for the first time since 2008. More →

End of Brexit uncertainty boosts London commercial property market

End of Brexit uncertainty boosts London commercial property market

commercial propertyLondon is set for an increase in commercial property investment in 2020 as international investors target the capital’s high-yielding office market, following the decisive 2019 UK General Election result. According to the latest research from Knight Frank, investors have increased the total capital targeting London commercial assets to £48.4bn, a 21 percent rise on 2019 and £2bn higher than 2018. However, with just £2.3bn of buildings for sale, investors will face strong competition, which is expected to drive values higher in 2020. More →

Outdoor workers exposed to 15 percent more pollution than average

Outdoor workers exposed to 15 percent more pollution than average

pollutionOutdoor workers in the capital are exposed to 15 percent more pollution than the average Londoner, new research has claimed. Over six months, the Canairy app developed by King College London gathered data from two groups of Londoners, some mostly working in offices and others mostly working outside. Both groups were exposed to high levels of air pollution but those working outside fared worst, being exposed to air pollution breaching guidelines for NO2, particulate matter (PM2.5 and PM10) and ozone. Some maximum exposures were nearly two thirds higher than recommended World Health Organisation (WHO) limits. More →

Don`t believe what you read about wellbeing, except this

Don`t believe what you read about wellbeing, except this

wellbeing and the workplace messengerAs we are told repeatedly, the modern workplace is not very good for our physical and mental wellbeing, and potentially a death trap. Most of us are lucky to get home in one piece at the end of each day, regardless of the job we do. More →

Energy demand in offices should be cut by 60 percent, report claims

Energy demand in offices should be cut by 60 percent, report claims

Following a consultation exercise with industry and an analysis of the projected zero carbon energy capacity of the UK, UKGBC is recommending that the offices sector should reduce energy demand by an average of 60 percent by 2050 to help the UK achieve net zero. More →

Are these the best places to work in the UK?

Are these the best places to work in the UK?

Glassdoor has announced the winners of its 12th annual Employees’ Choice Awards – its sixth in the UK – honouring the Best Places to Work in 2020 across the UK and eight other countries. Unlike other workplace awards, the Glassdoor Employees’ Choice Awards are based on the input of employees who voluntarily provide anonymous feedback, by completing a company review about their job, work environment and employer over the past year. Common themes among the Top 50 UK Best Places to Work in 2020 include work-life balance, a great culture, smart people and respect for and from leadership and senior management. More →

Channel 4 confirms move to landmark Leeds building

Channel 4 confirms move to landmark Leeds building

One of the UK’s leading broadcasters has confirmed its deal with the Rushbond Group for its new national headquarters to be at The Majestic in Leeds city centre. The third, fourth and fifth floors of the building will become home to Channel 4, with teams from across the organisation coming together to operate out of the iconic building. The deal with Channel 4 leaves four floors remaining, from 8,000 sq ft to a total of 39,000 sq ft of workspace to be let to additional dynamic organisations. More →

Nearly half of employers need help to implement flexible working

Nearly half of employers need help to implement flexible working

Eighty five percent of employers think demand for flexible working is likely to increase, with demand coming from across the board, but over four in 10 would like more support to implement it, according to a workingmums.co.uk survey. The results of the survey of around 200 employers are interesting in light of current policy discussions about flexible working which tend to focus on forcing employers to flex more by advertising jobs that are flexible from day one and enforcing employees’ flexible working rights. More →

World Green Building council launches case study library of best practice

World Green Building council launches case study library of best practice

Green Building

The World Green Building Council has launched a new digital case study library showcasing what it claims is excellence in sustainable development globally, featuring buildings that are net zero carbon and/or enhance human health. According to the WGBC, claims are verified by established certification schemes, rating tools or other third-party systems. Buildings and construction together account for 36 percent of global final energy use and 39 percent of energy-related carbon dioxide emissions when upstream power generation is included. Additionally, people spend 90 percent of their time in buildings, and there is a consistent association between unhealthy indoor environments and negative human health impacts. More →

Young people mistakenly associate self-employment with more pay and leisure time

Young people mistakenly associate self-employment with more pay and leisure time

self-employmentStudents and school-leavers see self-employment as a route to a higher income, better work-life balance and more family time and so one in five 16 to 21 year olds think they will self-employed at some point, a new analysis from the Office for National Statistics shows. However, other studies from the UK government paint a different picture with people in self-employment generally earning less and working longer hours than their employed contemporaries, but often happy to forgo the certainties of paid work for greater flexibility and control. More →

New London office building hits five year low

New London office building hits five year low

London office buildingsAlthough occupier demand remains high, the construction of new offices breaking ground in London over the last six months is down by nearly a half (49 percent) – the lowest level of new starts for five years, according to the London Office Crane Survey by Deloitte Real Estate. In the last six months, only 24 new schemes (1.8 million sq ft) commenced construction compared to 37 schemes (3.5 million sq ft) in the previous survey of London office building. More →