Search Results for: construction

ROOM Launches The Room Collection: flexible architecture for today’s hybrid workplace 

ROOM Launches The Room Collection: flexible architecture for today’s hybrid workplace 

by • Company news, Flexible working, Workplace design

ROOM, the leading modular architecture company behind the award-winning Phone Booth and pioneer in hybrid workplace design, has introduced The Room Collection: a new series of scalable and adaptable rooms, designed to provide privacy in open floorplans and meet the dynamic needs of today’s businesses and office workers.ROOM, the leading modular architecture company behind the award-winning Phone Booth and pioneer in flexible workplace design, has introduced The Room Collection: a new series of scalable and adaptable rooms, designed to provide privacy in open floorplans and meet the dynamic needs of today’s businesses and office workers. A major pain point for employees is working in an office that hasn’t yet been optimized for the hybrid workplace. Simultaneously, businesses may find it difficult to swiftly adapt to changing workplace needs. While insufficient meeting spaces, poor acoustics and back-to-back virtual meetings plague workers, inflexible leases and hefty construction costs prevent business leaders from adapting accordingly. The Room Collection helps solve this through its easy-to-assemble, soundproof modular office system that can evolve to meet the needs of businesses at any stage. (more…)

Not waving but drowning. People feel optimistic about the use of AI in the workplace … and swamped by it

Not waving but drowning. People feel optimistic about the use of AI in the workplace … and swamped by it

by • AI, News, Wellbeing

As the use of AI in the workplace continues to rise, new research from Henley Business School reveals that while optimism about AI’s potential is on the rise, so is the feeling of being overwhelmed by its rapid developmenAs the use of AI in the workplace continues to rise, new research from Henley Business School reveals that while optimism about AI’s potential is on the rise, so is the feeling of being overwhelmed by its rapid development. A poll of 4,640 adults across nearly 30 major sectors, commissioned by The World of Work Institute at Henley Business School, reveals that over half (56 percent) of full-time professionals feel optimistic about AI advancements, yet 61 percent admit they are overwhelmed by the pace of change. (more…)

Office fit out costs rise as firms adapt to new ways of working

Office fit out costs rise as firms adapt to new ways of working

by • Environment, News, Property

A renewed focus on office space comes at a price, with businesses facing rising office fit out and design costsAccording to a new report from JLL, the office sector is again taking ‘centre stage’ in commercial real estate as companies worldwide adapt hybrid work policies to encourage greater in-office attendance. However, this renewed focus on office spaces comes at a cost, with businesses facing rising expenses to design and fit out their work environments. According to JLL’s newly released Global Office Fit-Out Costs Guide 2025, 59 percent of organisations globally plan to increase investment in office space design and fit-outs over the next five years. The report, which analyses data from 68 cities across 40 countries, highlights significant cost variations, key cost drivers, and the growing demand for sustainable office spaces. (more…)

UK Government grants Crown Estate new investment powers to drive growth

UK Government grants Crown Estate new investment powers to drive growth

by • News, Property, Technology

New powers enable the Crown Estate to invest up to £1.5 billion over the next 15 years in sectors such as clean energy, infrastructure, and digital technologiesThe UK government has introduced a new bill to update the Crown Estate Act of 1961 which will grant the Crown Estate new investment powers. Officials claim this will stimulate economic growth and increase returns for taxpayers. According to the government, these new powers enable the Crown Estate to invest up to £1.5 billion over the next 15 years in sectors such as clean energy, infrastructure, and digital technologies. (more…)

Young men and boys lagging behind female contemporaries in pay and other ways

Young men and boys lagging behind female contemporaries in pay and other ways

by • News, Wellbeing, Workplace

Young women are now consistently out-earning their male counterparts for the first time, according to a new report that warns of a growing crisis among young menYoung women are now consistently out-earning their male counterparts for the first time, according to a new report that warns of a growing crisis among young men. The Centre for Social Justice (CSJ) think tank has published findings showing that women aged 16 to 24 in both white-collar and blue-collar jobs are earning nearly 10 percent more than men of the same age. The report, titled Lost Boys, highlights how young men are falling behind in education and employment, with growing feelings of isolation and lack of purpose. (more…)

Flexible working is not an option for many of Britain’s two-tier workforce

Flexible working is not an option for many of Britain’s two-tier workforce

by • Flexible working, News

A new report from the social enterprise Timewise claims to reveal a growing divide in the UK workforce, highlighting the increasing gap between frontline workers, such as nurses, cleaners, and bus drivers, and office-based employees when it comes to access to flexible working and other factorsA new report from the social enterprise Timewise claims to reveal a growing divide in the UK workforce, highlighting the increasing gap between frontline workers, such as nurses, cleaners, and bus drivers, and office-based employees when it comes to flexible working hours and patterns. This divide, the report suggests, could be reduced if the government takes further steps to implement its upcoming Employment Rights Bill. (more…)

BSI launches research into how young people are affected by hybrid working

BSI launches research into how young people are affected by hybrid working

by • Flexible working, News

Young people who began their careers around the start of the Covid-19 pandemic or soon after are being invited to share their experiences of the workplace, as part of an inquiry into the effects of hybrid workingYoung people who began their careers around the start of the Covid-19 pandemic or soon after are being invited to share their experiences of the workplace, as part of an inquiry into the effects of hybrid working. To mark five years since the first lockdowns began globally, business standards and improvement company BSI is investigating the impact of the restrictions on younger workers, and how transformed ways of working have shaped subsequent career journeys. As part of this BSI has opened a public call for evidence, inviting submissions from individuals or groups with relevant experience on the topic. (more…)

London office market showing unmistakeable signs of life, especially for Grade A space

London office market showing unmistakeable signs of life, especially for Grade A space

by • News, Property

The London office market is demonstrating strong signs of recovery, with declining vacancy rates and robust demand for high-quality spaces.The London office market is demonstrating strong signs of recovery, with declining vacancy rates and robust demand for high-quality spaces. Both occupier and investor activity surged in the third quarter of 2024, reflecting renewed confidence in the capital’s commercial real estate sector. Despite challenges posed by elevated supply levels, the market’s recovery trajectory points to a potential upswing in rents and investment activity heading into 2025, driven by stabilising vacancy rates and continued demand for Grade A office space. (more…)

Poor job quality leaves people exhausted and at risk of ill health

Poor job quality leaves people exhausted and at risk of ill health

by • News, Wellbeing

A new report from the Institute for Employment Studies warns that poor job quality is significantly affecting people's health and wellbeingA new report from the Institute for Employment Studies warns that poor job quality is significantly affecting worker health, with 1.7 million people in Great Britain reporting work-related ill health in the last year. The research reveals that half of all workers report having to work more hours than contracted or expected – the highest rate in Europe. Rising work intensity and job strain have left around half of the UK workforce regularly exhausted. The impact of ill-health on spiralling economic inactivity is a focus of an anticipated government White Paper looking to tackle the ‘greatest employment challenge for a generation’ and support more people into good work. (more…)

Slow progress on sustainable buildings, RICS report claims

Slow progress on sustainable buildings, RICS report claims

by • News

While demand for sustainable buildings and investment remains steady, particularly in regions such as Europe, significant gaps persist in terms of skills, knowledge, and financial incentivesThe latest sustainability report from the Royal Institution of Chartered Surveyors (RICS) highlights the continued challenge of embedding sustainable practices within the built environment, despite some signs of progress. While demand for sustainable buildings and investment remains steady, particularly in regions such as Europe, significant gaps persist in terms of skills, knowledge, and financial incentives. (more…)

The bill for upgrading office buildings worldwide could hit £1 trillion

The bill for upgrading office buildings worldwide could hit £1 trillion

by • News

A significant proportion of global office space is at risk of obsolescence, with up to £1 trillion required to revitalise aging office buildingsA significant proportion of global office space is at risk of obsolescence, with up to £1 trillion required to revitalise aging office buildings, according to a new report from real estate firm JLL. The report, titled Opportunity through Obsolescence, sets out to highlight the challenges posed by outdated structures, increasingly stringent regulations, and shifting tenant preferences, but also identifies opportunities for property owners and cities to create long-term value through investment and adaptation. (more…)

Economic and political uncertainty continue to dampen commercial property market sentiment

Economic and political uncertainty continue to dampen commercial property market sentiment

by • News, Property

The outlook for the European commercial property market is cautiously optimistic despite growing geopolitical uncertainty and concerns about economic growthThe outlook for the European commercial property market is cautiously optimistic despite growing geopolitical uncertainty and concerns about economic growth, with London, Madrid and Paris emerging as the standout performers, according to a new report by PwC and the Urban Land Institute (ULI). The report – Emerging Trends in Real Estate Europe 2025 outlines how market players believe ‘a new normal’ is emerging as valuations have come down and interest rates regain some level of predictability in a market characterised by higher inflation and interest rates, and geopolitical and economic uncertainties. This led to more than 80 percent of survey respondents expecting business confidence and profits to stay the same or rise in 2025, with around half predicting increases in both. (more…)

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