Search Results for: construction

Office rental sector benefits from office to home exemption

Office rental sector benefits from office to home exemption says RICS

The office rental sector has benefited from the prospect of reduced supply, stemming from the recent announcement by the government to relax the need for permission to change use from commercial to residential, according to RICS’ property and construction experts. Although the first quarter results of the 2013 RICS UK Commercial Market Survey reveals how the retail side of the commercial market continues to suffer, other areas of the commercial property market – such as office and industrial space have seen demand for premises strengthen slightly with no major increases in empty floor space and rising levels of tenant demand for office premises. More →

BIM provides opportunities for the built environment finds report

BIM provides built environment with opportunities for growth

Building Information Modelling (BIM) will raise productivity, provide better buildings, faster and cheaper and represents opportunities for the built environment to become a powerful international player. This is according to a major new report, Growth through BIM produced by Richard Saxon, the UK Government’s BIM Ambassador for Growth who concludes: “No wonder it has been mandated as government policy“. The Built Environment sector, for the purposes of his report, is defined as Property, Construction and Facilities Management, which accounts for about 15 per cent of GDP, and which he describes as: “an enabling sector, facilitating the performance of most other sectors”. More →

Dubai developers switch unwanted commercial property projects to other uses

Cups gameThe UK isn’t the only country looking to convert its unwanted office space into other uses. According to a new report from CBRE, the oversupply of new commercial property in Dubai is leading developers to switch the use of projects in the Emirate before they have even finished building them. With occupancy levels already at less than 50 percent in some areas and swathes of new developments coming online thanks to Dubai’s ongoing commitment to a policy of ‘build it and they will come’, developers are taking the decision to convert construction projects to homes or hotels.

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Lack of skills hampering business growth say UK CEOs

Lack of skills training is hampering growth say business leaders

Nearly two thirds (65 per cent) of UK employers say a lack of key skills is hampering their growth prospects – with construction, mining, engineering and energy companies reporting the most chronic shortage of skilled employees. Yet, according to a PwC global survey, while three out of four UK CEOs said creating a skilled workforce should be the Government’s highest priority only a third intended to do anything about it for the coming year. Instead, they see it as a longer-term goal; with 70 per cent of respondents saying they plan to increase investment in their workforce over the next three years. More →

New projects to research green building solutions

The BRE Centre for Innovative Construction Materials

Two major new projects to further the development of sustainable building solutions have been launched. The BRE (Building Research Establishment) National Solar Centre, aimed at providing a research based, independent platform in the use of solar energy in the UK was officially opened in Cornwall today, and a £1m ground-breaking building called the HIVE funded by the Engineering and Physical Sciences Research Council (EPSRC) and led by Dr Mike Lawrence from the University of Bath’s BRE Centre for Innovative Construction Materials, is to be built at a dedicated research park in Swindon.

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Client focus as crucial as great design says RIBA

The architectural profession can't rely on great design alone, but needs to be more business and client focused

The architectural profession can’t rely on great design alone, but needs to be more business and client focused warns the Royal Institute of British Architects. According to RIBA’s 2012/13 Business Benchmarking Survey, 62 per cent of practices do not have a business plan and, of those that do, only 13 per cent plan beyond one year. Interestingly, the survey also finds that 50 per cent of the profession’s work is won as the result of a direct approach with no competitive process. RIBA President Angela Brady said: “One key element exposed in these latest results is the acute split in business management, profitability and specialisms between large and small practices on how to make the most of their own position in the market place. What is clear is that if growth is on the agenda for a practice, then simply being a great designer, or a good project runner, is unlikely to be enough.” More →

Hong Kong’s pioneering zero carbon building wins innovation award

ZCB building in Hong Kong

The Construction Industry Council’s (CIC) Zero Carbon Building (ZCB) in Hong Kong has been awarded Champion of the Innovation Award for the Engineering Industry 2012/2013 by the Hong Kong Institution of Engineers (HKIE). The ZCB, which is the first of its kind in Hong Kong engineered by Arup won the construction category for its integrated innovations, tailored for the city’s sub-tropical climate. It is the first building in Hong Kong to actively feed electricity back to the grid and has BEAM Plus Platinum status – the highest rating for excellent building environmental performance.

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Public sector property initiatives have proved successful but work still needed

Gorilla-in-a-hat1There was a time, not so long ago, when nobody worried too much about the shape of the rooms that led off the corridors of power. But the pressure on UK finances has politicised the design of the UK’s public buildings. The latest example of this was the recent  announcement  in Parliament of a report that, amongst other things, called for a new approach in the way facilities are designed to deliver better services in a more cost effective way. The report Restarting Britain 2: Design and Public Services was the result of an eight-month investigation led by the Design Commission along with politicians, designers and civil servants.

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Dutch Embassy to move to South Bank development

Embassy Gardens

The Dutch Embassy in London is to move from its current location at Hyde Park Gate to a 50,000 sq ft site as part of the Embassy Gardens development on the South Bank of the Thames. The Embassy, which will move in 2017, will sit adjacent to the new US Embassy, already under construction and due for completion during the same year. Embassy Gardens is part of the Nine Elms development on the South Bank and is masterplanned by architect Sir Terry Farrell to encompass a kilometre-long Linear Park – starting in Vauxhall and moving through Embassy Gardens on the way to Battersea Power Station. More →

UK commercial property investors shift focus to the regions

Leeds skylineInvestors in the commercial office market are increasingly being drawn towards the UK regions, according to a new report by Deloitte Real Estate. The UK Key Cities publication explores the trend that regional offices are emerging as a focus for savvy investors seeking higher returns. At the same time, individual cities are recognising the need to stand apart from competing locations and bridge the gap between themselves and London. These cities are being bolstered by factors such as improved connectivity through large planned infrastructure projects, devolution of power, and investment into the retail and leisure markets.

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SBID International Design Awards 2013 open for entries

Entries are now open for the SBID (Society of British Interior Design) third International Design Awards, which recognises design excellence across the built environment, ranging from super luxury projects, to innovative design and new talent on limited budgets. The fourteen categories include residential and contract sectors, entertainment space, transport, product and public space, visualisation (3d renderings) and interior design project under £50,000. Previous finalists and winners have included: Candy & Candy’s Candyscape II and Number One Hyde Park; Bentley Motors Head Office in Crewe by FutureBrand [pictured]; Mercedes Showroom in Washington by Studio Lux; The Hyundai Business Centre in Korea by Hyundai Construction and Engineering; Viking Cruises by Integration.

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Survey reveals rising confidence of UK workers

JobsCompetitive pay and benefits are the most important requirements of a new employer, before job security, according to new research from recruiter Randstad. In 2012, 27 per cent of people said long-term job security was the most important factor in choosing to work for a specific company – more than any other issue, but this has now fallen to 16 per cent, the lowest it has been in three years. Mark Bull, Randstad’s UK CEO, said: “The UK’s workforce appears much more bullish. In 2011 and 2012 the number one priority for people was job security – now it is salaries and benefits.”

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