Search Results for: construction

ICE makes the case for infrastructure ahead of Brexit negotiations

ICE makes the case for infrastructure ahead of Brexit negotiations 0

HS2 Euston InfrasructureIn a new report Brexit – The Case for Infrastructure, the Institution of  Civil Engineers has set out the business case for the valuable contribution which infrastructure makes to the economy and argues that the UK should not lose sight of this as it begins negotiations for Brexit as it leaves the European Union. The report claims that high quality, high performing infrastructure is vital for economic growth and improved quality of life. It points to transport, communications, energy and housing as being central to spreading opportunity across the whole country. It also makes the case that infrastructure acts as a catalyst for social and economic inclusion, encouraging greater participation in society from people of all walks of life. In particular, during uncertain or volatile economic times, continued investment in UK infrastructure can help provide economic stability, facilitate inward investment and drive economic growth.

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Major European telecoms firms to drive roll out of 5G across continent

Major European telecoms firms to drive roll out of 5G across continent 0

5gA coalition of twenty major European telecommunications firms has come together to drive the rapid creation of a continent wide 5G network and warn national Governments and the EU of the dangers of over-regulation. The seven page document entitled the 5G Manifesto for timely deployment of 5G in Europe, is backed by firms such as Vodafone, Telenor, Orange, Nokia, BT, Ericsson, Telefonica, Deutsche Telekom, and Hutchison. Its core aim is to showcase the technology on a large scale by 2018 and launch a commercial network capability in at least one city in every EU nation by 2020. The document outlines the features and benefits of the technology but also sets out the potential risks posed by over-regulation, including the possible threat to net neutrality, the principle that Internet service providers should enable access to all content and applications regardless of the source, and without favouring or blocking particular products or websites

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Countries aware of but not harnessing full potential of older workers

Countries aware of but not harnessing full potential of older workers 0

older workersThe idea of a fixed retirement age looks increasingly distant in countries around the world and perhaps none more so than the US. According to a study from the Pew Research Center, based on data from the federal Bureau of Labor Statistics, more US over 65s are working than at any time covered in the analysis, and they are working longer hours. As of May, nearly a fifth (18.8 percent) of over 65s worked full or part time, up from 12.8 percent in 2000. Intriguingly, the study also shows that this represents a significant greying of the workplace as in the overall population, 59.9 percent of Americans are currently in jobs, down from 64.4 percent in 2000. The same pattern is evident even in workers significantly older than 65. Even the over 75s are working at higher rates than they did before the 2008 recession, the only age groups about which that can be said, according to Pew, emphasising the fact that the workplace is getting older rather than younger as is commonly assumed.

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Property and workplace experts have their say on the Brexit outcome

Property and workplace experts have their say on the Brexit outcome 0

brexitWell, the results are in and the UK’s electorate has voted by a narrow margin for the country to leave the EU. There are likely to be other developments but whatever you make of the UK’s decision to vote to leave the EU – and I think it’s fair to say most independent people think it’s inexplicable – there’s no doubt that it will have a profound impact on the UK’s economy, relationship with the world, culture, working conditions and markets. What it will mean in practice won’t be apparent for months or years, of course, but that hasn’t stopped experts who work in the property, workplace, design, legal, HR and architecture sectors having their say on its potential implications. We’ll look at these specific issues in more detail going forward but for now, here’s a round-up of those we have so far, which we’ll keep updated throughout the day as the dust settles on what will prove to be a momentous decision for the UK, Europe and rest of the world.

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London office rents predicted to stay strong provided there’s no Brexit

London office rents predicted to stay strong provided there’s no Brexit 0

City of London BrexitThe continuing imbalance between the supply and demand for office space throughout London is resulting in a shift in the balance of negotiating power away from tenants, according to the latest London Office Update from Carter Jonas. Rents across Central London have, on average, risen by over 50 percent over the last five years in the West End, Midtown and South Bank office markets, and by over 30 percent in the City of London. Rent free periods have typically fallen by up to six months over the same period. In the next 18-24 months, the trend will continue to be higher rents and shorter rent free periods as availability remains low. While some occupiers may leave London altogether, others may adopt a ‘spoke and hub’ strategy, whereby back office functions relocate to peripheral, lower cost, areas while ‘client facing’ operations are retained in Central London. This prediction assumes that Britain rejects Brexit however, and there are no major economic shocks.

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Plans unveiled to double size of MediaCityUK over the next ten years

Plans unveiled to double size of MediaCityUK over the next ten years 0

Phase2 of MediaCityUK announcedMediaCityUK, best known as the new home of the BBC, is to double in size over the next decade under ambitious plans submitted to Salford City Council. Up to ten new buildings are envisaged with a development value of more than £1 billion. Key features of phase two of MediaCityUK include 50,000 m2 (540,000 sq ft) of offices, 1,800 apartments, retail and leisure, complemented by public spaces with a pedestrian promenade running through the scheme. Outline approval for the plans was granted in 2006. A condition of that permission was that detailed proposals, including all building designs and specifications, needed to be brought forward this year. The plans are expected to be considered by Salford’s planning panel in September. MediaCityUK is a joint venture between Peel Land and Property and Legal and General Capital, who share a long-term commitment to the further expansion of a creative and digital hub which already houses 250 businesses including the BBC, ITV, dock10, Ericsson and SIS.

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Robot woes + Coworking goes mainstream + Workplace sit-stand debate

Robot woes + Coworking goes mainstream + Workplace sit-stand debate 0

Insight_twitter_logo_2In this week’s Newsletter; Sara Bean suggests improvements in work-based training could help address the productivity gap; Mark Eltringham says there will be no grand arrival for the ‘Office of the Future’; and warns of the lack of context when reporting research on sit-stand working. Better technology would improve workers quality of life, finds a new report; researchers say workaholism is closely associated with a range of mental diseases and psychiatric disorders; and a surprisingly large number of people fear their job being taken by a robot within the next 10 to 50 years. Banks are rationalising space to stay in London; coworking remains one of the main drivers of workplace change globally; and uncertainty about Brexit hits the construction sector.  You can download our Insight Briefing, produced in partnership with Connection, on the boundless office; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Gallery: World’s first 3D printed office opens in Dubai

Gallery: World’s first 3D printed office opens in Dubai 0

efb98403-799e-4b39-8023-8cd62d9a5222The Government of Dubai has announced the opening of what it claims is the world’s first 3D printed office building, a project it first unveiled last Summer. China may take issue with them on that claim but the announcement marks yet another step in the development of the construction process towards mainstream use. The Emirate is using the 250 sq. m. Museum of the Future building as an example of how the UAE can lead the world in 3D building technology.  A 3D printer took 17 days to print the building using a modified cement material in layers. The total cost of the print was US$140,000 excluding interior fit-out and furnishing. The developers also claim that there was  a 50 percent saving on labour costs as the project only involved 18 people on site, mostly electricians and engineers. The design claims to achieve ‘a shift from the traditional form of work environments and provide greater opportunities to stimulate innovation and communication between workplace teams.’

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Where is the data for disability on boards – and do businesses care?

Where is the data for disability on boards – and do businesses care? 0

BoardroomWhen it comes to diversity on boards, I would confidently say that disability comes in a poor fourth behind gender, age and ethnicity.  It’s something I take a great interest in as a blind person, a senior executive who sits on boards and as a start-up champion. While acknowledging a limited perspective, over the years I have noted a lack of disabled representation at board level and when I joined the NonExecutiveDirectors.com recruitment platform, we had a conversation about this. The result was that the organisation and its partners decided to commission some research into the issue. The research involved the Office of National Statistics, EU Equality and Diversity Commission, Department of Business Innovation and Skills, leading academic experts in disability, in social policy and in work and employment, Trade Union Congress (TUC), business surveys, policy documents and more.

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Alternate workplaces strategies explored as demand for US offices grows

Alternate workplaces strategies explored as demand for US offices grows 0

US corporate real estateThe US national office market recovery slowed slightly in the first quarter of 2016 amid some volatility within the financial markets. However, as the financial markets stabilised later in the quarter, office based job growth accelerated, likely signalling stronger tenant demand in the months ahead, according to a new report from CBRE. Tech and healthcare companies continue to drive growth, resulting in a scarcity of creative space in many cities. Meanwhile, energy-dominated markets slowed further due to sustained low oil prices. Many companies continued to seek space in vibrant downtown and suburban areas near public transport links in order to attract talent. A tightening supply within the Class A market has resulted in tenants exploring well-located Class B properties and creative space, with tenants across geographies and industries exploring alternate workplaces strategies to maximise efficiencies and collaboration.

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Lack of pay and support prevents ill or injured UK workers taking time off

Lack of pay and support prevents ill or injured UK workers taking time off 0

Sick pay in the UKMore than half of ill or injured property and construction workers still go into work because they can’t afford to take time off, a new survey on 2000 employees within the UK has revealed. The data gathered by First4lawyers on the run up to Brexit on EU employment law and sick pay has revealed how European countries treat their sick or injured workers. The results show that while a UK worker off work for a month would only receive 15 percent of their monthly wage – those in Germany receive 100 percent. This lack of pay forces many UK workers back into the workplace, but nearly three quarters (71 percent) also say they are scared to have time off work because they fear their employers opinion of them; 30 percent say their boss acts different toward them after asking for time off sick, and more than 1 in 3 say their employer does not support them during this time.

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New agreement to drive sustainable property development in Europe

New agreement to drive sustainable property development in Europe 0

Sustainable property developmentThe World Green Building Council (WGBC) – a network of national green building councils aimed at influencing the green building marketplace – has announced that its Europe Regional Network has signed a Memorandum of Understanding to help drive sustainable property development with the European Bank for Reconstruction and Development (EBRD). The EBRD works to support the development of the private sector across Europe, the Southern and Eastern Mediterranean and Central Asia, and the provision of modern real estate infrastructure is essential to support economic expansion and diversification in these regions. The new agreement provides a framework to cooperate on a number of areas of sustainable building practices, including promoting best industry standards and practices for energy and resource efficiency, climate resilience and building sustainability; promoting innovative zero-waste design, green urban planning and low carbon emissions; engaging in policy dialogue; and mobilisation of financial resources.

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