August 3, 2018
A new analysis from Instant Offices sets out to identify the largest business sectors driving London’s economy. It claims that the three most prominent are information and communication, financial and insurance, and professional, scientific and technical services. The UK Business Register and Employment Survey (BRES) showed distinct trends in growth for specific sectors, in London and in the UK as a whole.
July 26, 2018
At the risk of stating the obvious, with the Met Office suggesting temperatures could reach their peak on Friday (27 July) in some areas of the UK, Britain’s largest employer organisation is encouraging companies to consider ‘a range of measures to keep employees comfortable during the heatwave’. Matthew Fell, CBI Chief UK Policy Director, said: “While the current hot spell has provided welcome fillip for consumer-facing sectors, large numbers of employees are feeling the heat as they carry out their day-to-day tasks, especially those working outdoors. Responsible employers take the welfare of their employees very seriously, particularly during this unusual weather. Companies can help keep their employees cool by considering a range of measures, from flexible working to help those with punishing commutes to relaxed dress codes, so staff feel more comfortable in their place of work. Ultimately a common sense approach is needed, as some employees will have less flexibility than others, for example those wearing safety equipment on construction sites. In all cases, staff should have easy access to drinking water as temperatures soar to help keep them healthy and productive.”
July 24, 2018
Barclays has announced plans to develop a new campus at Buchanan Wharf, Glasgow, which will provide what it claims is a state-of-the-art workplace for the bank’s functions, technology and operations teams. The aim is to create a working environment that will ‘help the bank deliver outstanding services to customers and clients by fostering innovation and collaboration’. Barclays has agreed to purchase the campus development from Drum Property Group Ltd and is currently working with them to finalise the design of the new facility as part of the wider Buchanan Wharf development. It is expected that, once completed, the campus will be able to accommodate up to 2,500 additional roles, doubling Barclays’ current workforce in Scotland and making the bank one of Glasgow’s biggest commercial employers.
July 5, 2018
Commercial property trade body Building Better Partnerships (BBP) has today published its latest free industry guidance – Responsible Fit-Out Toolkit: Offices. The Toolkit claims to provide guidance for owners and occupiers on how to integrate sustainability and wellbeing into an office fit-out. The authors claim that while workplace design plays a pivotal role in demonstrating a business’s values and can have an immense impact on the comfort and productivity of those working within and visiting a space, opportunities are rarely fully appreciated.
June 20, 2018
The Sofia Event Center in Sofia (Bulgaria), hosted from 5 to 8 June the 26th Edition of EFMC, the European Congress of Facility Management. The event, held for the first time in the Bulgarian capital, has brought together world experts of the sector and has served as a platform for communication between Facility Managers, suppliers, universities and associations. In the closing ceremony it was announced that EFMC 2019 will be held in Dublin (Ireland) on 13 and 14 June.
June 18, 2018
The World Green Building Council (WorldGBC) has launched its new Net Zero Carbon Buildings Commitment as part of Building Lasting Change 2018 with WorldGBC Congress Canada in Toronto, and called on market leaders in the sector to join as signatories. The Net Zero Carbon Buildings Commitment challenges businesses and organisations across the world to take advanced climate action by setting ambitious targets to eliminate operational carbon emissions from their building portfolios by 2030 in order to meet the Paris Agreement ambition of below 2 degrees of global warming.
June 12, 2018
A major research study “Wellness Matters: Health and Wellbeing in offices and what to do about it” by The British Council for Offices (BCO) is being launched today. The study critiques existing Health and Wellbeing measurement and certification, identifies the most recent and relevant medical evidence justifying a proactive approach to Health and Wellbeing in the built environment, and articulates the business case for investment in this space beyond simply improving productivity. (more…)
May 18, 2018
Central London commercial offices under offers are at the highest point in the last 12 months and take-up is ahead of 2017 levels compared with this point last year, new data from CBRE has shown. Central London office take-up for April 2018 stood at 547,900 sq ft, largely driven by pre-letting activity. Office take-up for the year to the end April 2018 was 4 percent higher than the corresponding period in 2017, standing at 3.4m sq ft. Take-up was boosted by 139,600 sq ft of pre-letting activity. Over the last 12 months, the business services sector has represented the largest proportion of take-up at 32 percent, driven by a large number of deals to flexible office providers. Take-up in April was dominated by the creative industries sector, accounting for 44 percent of take-up. The banking and finance sector (26 percent) and the business services sector (21 percent) also represented notable proportions of take-up in April.
April 9, 2018
Technology, media, and telecommunications (TMT) companies are continuing to play a prominent role within Edinburgh’s office market, accounting for approximately 30 percent of transactions in the city. But rising demand for Grade A office space in Edinburgh by a variety of organisations, including coworking, private and public sector tenants has fuelled significant occupier demand during the first quarter of 2018, according to analysis by property consultancy, Knight Frank. The latest commercial property figures show approximately 460,000 sq. ft. of new occupier requirements came onto the market in the first three months of the year from companies looking to lease office space in Edinburgh. (more…)
April 9, 2018
The British car industry has grabbed numerous headlines since the Brexit referendum due declining car sales and the uncertainty of its economic and regulatory prospects. In spite of these mounting concerns, the industry continues to invest in the design of its workplaces, not only by creating inviting and engaging places to work, but also by integrating automotive approaches to design and construction into the work environment. As a result, these workplaces don’t just help car companies to stay competitive; they also provide new ideas for all sectors eager to build smarter and more efficient places to work.
March 29, 2018
Occupiers are less concerned about Brexit than they were a year ago, according to a new CBRE research survey of over 100 major occupiers across Europe, most of whom have pan-European or global operations. By late 2017, the proportion of European occupiers worried about Brexit having a ‘very significant’ impact on their operations in the UK had dropped from 15 percent to 6 percent compared with a year earlier. The proportion of occupiers worried about Brexit having a ‘significant’ effect has also fallen, from 38 percent to 33 percent, meaning that the number of occupiers worried about negative impacts from Brexit has fallen in total from 53 percent to 39 percent. A year to the day on which Britain aims to exit from the EU, global real estate advisor CBRE has published an updated guide unpicking some of the key real estate impacts of Brexit.
August 9, 2018
How will Crossrail impact the office landscape of London and beyond?
by Lars Brown • Comment, Property
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