Search Results for: construction

December 9, 2015

Offices and smart cities will drive uptake of the Internet of Things, claims report ⁰

by Mark Eltringham • Facilities management, News, Property, Technology

A new report from analysts Gartner claims that the roll out of the Internet of Things will be driven by innovation in commercial property and smart cities. The study, Internet of Things — Endpoints and Associated Services, Worldwide, 2015 claims that 1.6 billion connected things will be used by smart cities in 2016, an increase of 39 percent from 2015 (see Table 1). The authors of the report claim that smart commercial buildings, particularly those subject to Building Information Modelling technology will pioneer applications until 2017, after which consumers will become the dominant force as devices migrate to a new generation of smart homes. Commercial real estate benefits greatly from IoT implementation. IoT creates a unified view of facilities management as well as advanced service operations through the collection of data and insights from a multitude of sensors.

December 7, 2015

Ambitious commitments made by Green Building Councils at COP21 ⁰

by Sara Bean • Architecture, Environment, Facilities management, News, Property

A total of 25 Green Building Councils from around the world have unveiled commitments reduce greenhouse gas emissions and ensure that the building and construction industry plays its part in limiting global warming to 2 degrees. More than 1.25 billion square metres of buildings – almost double the size of Singapore – will be registered, renovated or certified as green building space over the next five years, under ambitious commitments made by Green Building Councils at COP21 in Paris. Green building is one of the most cost-effective solutions to climate change, which generates significant environmental, economic and societal benefits. A new alliance of 16 countries and over 60 organisations, known as the Global Alliance for Buildings and Construction (which includes WorldGBC, its 74 Green Building Councils and their 27,000 member companies) is now committed to help countries meet their Intended Nationally Determined Contributions (INDCs) through green building.

November 27, 2015

Built environment crucial to attaining emissions targets say RICS of COP21 ⁰

by Sara Bean • Environment, Facilities management, News, Property

The built environment has a vital role to play in helping governments meet their carbon dioxide (CO2) emissions targets says RICS – ahead of the 21st Conference of the Parties or COP21. This begins on Monday, when 196 governments meet in Paris for the climate change summit hosted by the United Nations. Buildings are some of the biggest emitters of CO2 accounting for one-third of global greenhouse gasses. Commercial and residential buildings also account for 40 percent of the world’s energy consumption. RICs is working with members in the land, real estate and construction sectors to find solutions across the property lifecycle to support more sustainable business practices, and will be in Paris to join stakeholders from governments, industry and civil society to support efforts to reach an agreement. The commitments made at the summit could have far-reaching repercussions for the built environment, and the global economy more generally.

November 25, 2015

Northern Powerhouse office market showing strong performance levels ⁰

by Sara Bean • Facilities management, News, Property

When the Chancellor of the Exchequer George Osborne announces the Spending Review today, he’s likely to mention the Northern Powerhouse, the programme to rebalance the UK economy by pushing growth in England’s northern cities. His vision of this form of one nation conservatism may have helped to increase occupier and investor confidence across the Northern Powerhouse office markets, as illustrated by the Northern Powerhouse Office Market Report 2015/16, published by Lambert Smith Hampton (LSH). It shows strong performance across the eight key markets so far in 2015 – with combined take-up expected to reach 5.2m sq ft by the end of the year compared with 4.6m sq ft in 2014. Manchester city centre is leading the way and is on track for a record year, with almost 1.4m sq ft of office space expected to be let or sold by the end of 2015 – well above the 10-year annual average of 966,000 sq ft.

November 23, 2015

RIBA signs UN Compact as part of an increased focus on ethics ⁰

by Sara Bean • Architecture, Facilities management, News, Property

RIBA (The Royal Institute of British Architects) has become a signatory to the United Nations Global Compact (UNGC) and has undertaken to support its principles on human rights, labour standards, the environment and corruption. Joining the UNGC is part of the RIBA’s focus on ethics which has recently included co-founding a new coalition to develop a set of globally recognised ethics standards for real estate and related professional organisations. RIBA President Jane Duncan said: “As our profession changes and becomes increasingly international, so must our approach to developing and reinforcing professional ethics. Architecture has a direct impact on societies and economies; it shapes and influences the world we live in. For this reason, we architects have a duty to uphold the highest standards wherever we practice. I am delighted that RIBA has signed the UN Global Compact and undertaken to support and promote its principles.”

November 19, 2015

Dubai office market shows signs of cooling down over the next year ⁰

by Sara Bean • Facilities management, News, Property

The Dubai office market is showing signs of cooling, following a strong growth period, with average rents remaining unchanged during the first three quarters of 2015 across all the city’s major submarkets and free zones. Clutton’s Winter 2015/16 Dubai Commercial Market Outlook report revealed prime, secondary and tertiary office rents stand at AED 250 psf, AED 130 psf and AED 70 psf, respectively. However, micro-markets, which are often as small as specific buildings, buck wider trends, such as Emirates Towers (AED 310 psf) and The Gate District (AED 225 psf). Banks, financial institutions, law firms, construction companies and technology-media-telecoms (TMT) firms are the most active occupiers, with the city’s free zones remaining the primary target. This is because the free zones continue to be dominated by multinational organisations, with take-up activity intrinsically linked to business performance in their home markets.

November 18, 2015

Women earn less than men because they make different choices, report confirms ⁰

by Mark Eltringham • Comment, News, Workplace

In spite of its own attempts to link it to the gender pay gap a new report, Opportunities and outcomes in education and work: Gender effects, released yesterday by the UK Commission for Employment and Skills (UKCES), merely confirms that the key factors that determine how much people earn are the jobs they do and the hours they work. The report shows that male workers are paid on average 19 percent more than female workers. However, a report this year from the ONS confirmed that women now earn slightly more than men in like for like jobs up to the age of 35 and the UKCES report shows that it is career and personal choices that explain the gap in incomes across the whole economy. This confirms that the keys to closing the overall pay gap are for women to enter higher paying fields such as STEM and construction as well as employers offering flexible working arrangements and greater support for parents in their careers.

November 14, 2015

Where to have great ideas + Workplace professions + London’s office market ⁰

by Sara Bean • Facilities management, Flexible working, Newsletter, Property, Wellbeing, Work&Place

In this week’s newsletter; Giuseppe Boscherini explores the growing importance of creativity at work; Mark Eltringham argues that the three professions of the workplace, HR, IT and FM need to adapt and notes a growing disconnect between a firm’s earnings and the number of people it employs. In commercial property, demand for office space in London continues to overwhelm its availability, with English regions outside the Capital leading construction growth. High job demands, stress and job insecurity are among the main reasons why people go to work when they are ill, and data shows the Internet of things will connect 6.4 billion objects next year. You can also download the new issue of Work&Place and access our first Insight Briefing, produced in partnership with Connection, which looks at agile working in the public sector. Visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

November 10, 2015

Employers have dodged UK recruitment crisis threat, claims CIPD ⁰

by Sara Bean • News, Workplace

Salaries are not likely to increase much next year, and despite predictions of a recruitment shortage, vacancies are still relatively easy to fill, the latest Labour Market Outlook from the CIPD claims. The quarterly survey of more than 1,000 employers shows that across all sectors just fifteen percent of current job vacancies are proving difficult to fill. It also reveals that, outside a limited number of industries, UK employers continue to be able to recruit the workers they need without significantly hiking wages and that median basic pay rises of just 2 percent are predicted by employers in the 12 months to September 2016. The research suggests that in general, most businesses are seeing a steady flow of suitable candidates, despite unemployment falling to a seven-year low in October and despite a slight year on year increase (44 percent – 49 percent) in the number of employers reporting any hard to fill vacancies.

November 5, 2015

Design for performance study looks to improve energy performance ⁰

by Sara Bean • Architecture, Environment, Facilities management, News

Developers, owners and occupiers of buildings might expect that compliance with regulations will produce a building that is energy efficient in operation and well on its way towards the 2020 nearly-zero energy target mandated by a European Directive. In practice, the actual performance of most buildings falls well short of the design intent – the so-called performance gap. In Australia, this chronic problem has been eliminated for new office building projects in which clients and their teams sign up to – and then follow – a “Commitment Agreement” protocol to design, construct and manage their buildings to achieve agreed levels of actual in-use performance. Now with the backing of the Better Buildings Partnership, a four month study to develop a prototype UK scheme which embraces Australia’s ‘design for performance’ approach has been launched by a team led by Verco and including BSRIA, Arup and UBT.

November 3, 2015

Less than one year’s supply of office space now available in Central London ⁰

by Sara Bean • Facilities management, News, Property

Office occupiers are being forced to search further afield from traditional London commercial property centres as the vacancy rate of office space in Central London falls to a 15 year low. According to research from BNP Paribas Real Estate, at just 4.68 percent of total stock, the level of supply during the third quarter of the year was just 10.29m sq ft; equivalent to less than one years’ supply at current levels. Take-up to the end of September reached 10.78m sq ft, 18 percent above the long term trend, whilst the investment volume of £11.91bn is 28 percent ahead of the average. The West End’s office market was boosted by several large transactions involving Media Tech firms and take-up in Q3 2015 reached 1m sq ft, making the third quarter the busiest so far in 2015. The City is still attracting media tech companies, but there’s been a resurgence in traditional City occupiers from the professional sector.

October 17, 2015

Insight briefing + Changing face of office design + Global cities ⁰

by Sara Bean • Facilities management, Flexible working, Newsletter, Public Sector, Wellbeing, Workplace, Workplace design

This week’s newsletter features our first Insight Briefing, produced in partnership with Connection, which looks at agile working in the public sector. Adrian Campbell says office design needs the direct contribution of its most important influencer, the end user; and Mark Eltringham welcomes a new report that debunks the belief that ‘sitting is the new smoking’. Demand for flexible co-working space looks set to soar; investment in commercial property is at its highest level worldwide since 2008, and businesses continue to find the creation of a productive workplace challenging. Sydney leads the world in Activity Based Working according to the Global Cities report; and working parents in the US are reluctant to let employers know how stressed they really are. Visit our new events page, subscribe for free quarterly issues of Work&Place and weekly news here. And follow us on Twitter and join our LinkedIn Group to discuss these and other stories.