Search Results for: economy

The challenge in Silicon Alley is providing the right quantity and quality of office space

M4 Silicon AlleyNews emerges from BNP Paribas that the most dynamic occupiers in Western European property markets belong to the technology, media and telecoms (TMT) sector and that the most important market in the region is London. This comes as no surprise given the plans of Google to move to its new home in King’s Cross and the focus on developments in Tech City. But the same hothousing of TMT businesses is also evident in the area Prime Minister David Cameron has referred to as Silicon Alley, a cluster of businesses running alongside the M4 originally clustered between Reading and Swindon but now extending as far as Bristol. Companies that have found a home in the area include the likes of Cisco, Microsoft, Oracle, Ericsson, Vodafone, O2, Citrix, Dell, Huawei, Lexmark, LG, Novell, Nvidia, Panasonic, SAP and Symantec not to mention the countless other smaller businesses, consultants and freelancers that share this hothouse.

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Green Building Council Awards recognise European environmental leadership

Awards open for European Green leadership initiatives

The UK Green Building Council is accepting nominations for the first-ever European Regional Leadership Awards, part of the World Green Building Council Leadership Awards 2013, which recognise international best practice in city-level government policy for green building initiatives. The regional awards are for best practice in green building initiatives, projects, and policies that are supporting healthier and more sustainable communities within the European Region. “The awards promote leadership and inspire governments to replicate best practices in green building policy,” said the WorldGBC’s Chief Executive Officer, Jane Henley. “Buildings represent an unrivalled opportunity to reduce global greenhouse gas emissions, and cities play an increasingly critical role in seizing this opportunity.”

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New study to investigate effectiveness of UK carbon reduction policies

carbon-dioxide-molecule-Deloitte has been commissioned by the Green Construction Board and the Green Property Alliance to carry out a study into the effectiveness of the UK Government’s policies for carbon reduction as the it seeks to meet its commitment  to reduce the country’s carbon emissions by 80 percent by 2050. Inevitably buildings, which reportedly are the largest source of CO2 including some 17 percent from non-domestic property, have been targeted to make significant contributions. With the much vaunted Green Deal in the news for all the wrong reasons – either because of its low take-up as well as new fears that it could lead to homes overheating –  the survey will gauge how policies aimed specifically at commercial property such as Energy Performance Certificates and the Carbon Reduction Commitment have fared in spite of their own difficult gestations.

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First “green-rise” commercial office building announced for Los Angeles

 First "green-rise" commercial office building announced for Los Angeles

High-rise buildings tend to evoke a love-hate response, and being green is usually not a strong feature. However a new high-rise is being planned in California which aims to join the handful of tall buildings in North America to achieve the U.S. Green Buildings Council’s LEED Platinum certification. The 37-storey Century City Center will integrate the best new engineering and technological practices and innovations to deliver the first new build LEED Platinum “green-rise” in Los Angeles and Southern California. It promises, say developers JMB Realty Corporation, to effectively create a new benchmark in sustainable performance for the commercial office market in America’s second-largest urban region.

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BIFM and DWP announce facilities management partnership agreement

LinkThe British Institute of Facilities Management (BIFM) is building on its recent track record of building new alliances with the announcement that it has signed a partnership agreement with the Department for Work and Pensions (DWP). The partners claim the new agreement will see the BIFM and DWP working in unison to support future growth in the facilities and workplace management sector.  The agreement was signed at the end of last week by Mark Hoban MP, Minister of State for Employment, Gareth Tancred, CEO of BIFM and Martin Brown, Work Services Director for Wales and Employers, Department for Work and Pensions. The joint statement from the BIFM and DWP claims that the partnership agreement will drive ‘a shared agenda on increasing routes into and raising skills and professionalism of all those working in the facilities and workplace management industry’.

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New Construction Strategy focuses on sustainability and efficiency

New Construction strategy focuses on sustainability and efficiency

An industrial strategy for construction‘Construction 2025’ is being launched by the Coalition Government today which aims to tap into the considerable growth opportunities predicted for the global construction market. The strategy has been developed in partnership with the new Construction Leadership Council, jointly chaired by Business Secretary Vince Cable and Sir David Higgins, Chief Executive of Network Rail, formed to help oversee the delivery of the action plan and its strategic priorities. The strategy’s vision to 2025 includes ambitions for a 50 per cent reduction in greenhouse gas emissions in the built environment, and an equal reduction in the trade gap between total exports and total imports for construction products and materials. More →

Wellness in Real Estate resolution passed for U.S. built environment

The influential U.S. Conference of Mayors (USCM) has voted unanimously to pass a Wellness in Real Estate Resolution which commits to promoting buildings that “use a combination of criteria and features that will enhance the well-being of occupants and address growing preventable health concerns and costs.” The resolution is one of ten new sustainability resolutions for the U.S. built environment commended by the American Institute of Architects (AIA) and the U.S. Green Building Council (USGBC), which praised the USCM for “showing courage and leadership by embracing a strong sustainability and green building policy agenda”. More →

Govt incentives needed to promote energy efficiency for non-residential buildings

Energy efficiency for built environment needs incentives to work Govt warned

The Government should conduct a comprehensive assessment of non-residential low-carbon policies to ensure they work effectively said the Committee on Climate Change (CCC) in its latest annual progress report to Parliament today. Progress in implementing some of the measures required to meet carbon budgets was limited in 2012, it warned, while the simplification of the CRC energy efficiency scheme beyond the CCC’s original recommendations has further eroded the incentives to improve energy efficiency it set out to provide. John Alker, Director of Policy and Communications at the UK Green Building Council, said: “Just one day before the release of official statistics on the Green Deal, the CCC’s report is a timely reminder that the Coalition’s flagship energy efficiency policy needs to be further incentivised to encourage take-up.”

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UK Government announces details of One Public Sector Estate scheme

The UK Cabinet Office has announced details of a new pilot scheme covering 12 local authorities in England which will encourage councils to work with central government departments and other bodies to share buildings and re-use or release property and land deemed surplus to requirements and so cut spending and free up land for local development. The ‘One Public Sector Estate’ scheme will also enable councils to share services and follow the path of central government which has its own schemes to cut costs and divest or find new uses for its property portfolio. Chloë Smith, the Parliamentary Secretary for the Cabinet Office who will be delivering the scheme in partnership with the Local Government Association, also believes the scheme will boost the UK economy and encourage regeneration and development at a local level.

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Managing a work-life balance isn’t solely a women’s issue

Maintaining a work-life balance isn't solely a women's issue

Two reports published this week show that a cultural change is needed to stop employers assuming only female workers have families or other personal concerns that could impact on their workplace performance. A report into workplace equality by the Business, Innovation and Skills Committee (BIS) has called on the UK Government to do more to tackle female underrepresentation in sectors of the economy and to dispel the myth that any type of flexible working is a ‘women’s issue,’  problematic and cannot work. In the US a study by employee assistance providers Bensinger, DuPont and Associates (BDA) into stress has found that men are more than twice as likely to receive formal disciplinary action when the stress of a personal problem impacts on their work performance. More →

Gender equality and senior roles where are we now?

Gender equality at senior management and Board level has been and is likely to remain an area of contention. According to recent research by analysts BoardEx into gender inequality in Britain’s top 100 private companies, 73 per cent of companies still have all male teams of executive directors, 51 per cent have only male non-executive directors and there are still 56 per cent of all male Boards. At the end of May a new National Equality Standard was launched by the CBI and the Equality and Human Rights Commission in response to the continued concerns about the issue, which some EU members have argued requires the imposition of mandatory board quotas.

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Construction sector is digging its way out of recession

Construction sector is digging its way out of recession

The UK’s Employment Outlook is looking firmly positive, according to ManpowerGroup, and it’s being driven by an upturn in construction and a buoyant London economy. “As we head into the summer months, the UK jobs market is not too hot, but not too cold either. It’s all about the Three ‘C’s:  Construction, the Capital, and Consistency,” said ManpowerGroup UK Managing Director, Mark Cahill. The first ‘C’ is for Construction, the most improved sector this quarter, up by five points, which is positive news as construction has been a huge drag on the whole UK economy, and is one of the main reasons we’ve had a double dip recession. Now ManpowerGroup reports it is starting to see rising demand for skills across the board, particularly in skilled trades and engineers. More →