June 20, 2019

London remains second most expensive office market

Hong Kong Central and London’s West End held onto their top spots in a ranking of the most expensive office market locations in the world at $322 and $220.70 per sq. ft. per year respectively according to the latest Global Prime Office Occupancy Costs report from CBRE. The ten most expensive markets were the same markets as last year, though several have changed positions within the top category. The biggest gainer within the top 10 was Midtown Manhattan ($196.89) in New York City, which climbed to the fourth most expensive market this year from the sixth last year. London City retained its number 10 position on the list at $139.75 per sq. ft. (more…)

June 20, 2019

The case for a shorter working week

by Shainaz Firfiray • Comment, Wellbeing

UK employees have the longest working week compared to other workers in the European Union. But, despite the long hours, recent studies have shown this does not make the UK a more productive nation. An analysis by the Trade Union Congress on working hours and productivity found that, while UK full-time staff worked almost two hours more than the EU average, they were not as productive as staff in Denmark who worked fewer hours in the average week. (more…)

June 19, 2019

Coworking is now the key driver of change in property market

by Daniel Wright • Comment, Property, Workplace design

Having disrupted the property sector over the last decade, coworking continues to impact investors, developers and end users as the concept appears to be the dominant force in the commercial sector. Coworking can trace its roots back as far as the 1980s when Regus (now part of IWG) popularised the idea of a serviced office, by taking on leases of office buildings, subdividing the available space and leasing it out to small business, fully furnished and ready to rent. (more…)

June 10, 2019

Coworking disrupts office design ⁰

by Paul Goodchild • Comment, Coworking, Facilities management, Flexible working, Workplace design

In his book How Buildings Learn, the author Stewart Brand outlines the process whereby buildings evolve over time to meet the changing needs of their occupants. He describes each building as consisting of six layers, each of which functions on a different timescale. These range from the site itself which has a life cycle measured in centuries, through to the building (decades), interior fit out (years), technology (months), to stuff (days). The effectiveness of a design will depend on how well it resolves the tensions that exist between these layers of the building, and this is one of the benefits of coworking that isn’t discussed enough.

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June 6, 2019

Flexible working may not enhance productivity

by Marie Hillen • Facilities management, Flexible working, News, Workplace

The majority of office employees (84 percent) believe good relationships with colleagues boost their quality of work, yet nearly three quarters (70 percent) admit to not knowing the people they work with very well, claims a new survey from Nespresso Professional. The study suggests that changing office environments and flexible working practices are not improving employees’ relationships with co-workers, or their creativity and output. (more…)

June 5, 2019

C-suite reskills to face challenge of disruption

by George Eltringham • News, Work&Place

An emerging super-group of employees and consumers in the UK is adding intense pressure to already challenged C-suite leaders who are navigating tough economic, technological and geo-political environments – further threatening company growth, a new Accenture (NYSE: ACN) study finds. With nearly three-quarters (73 percent) of these powerful stakeholders believing they have the potential to destroy company value in the long term, the C-suite understands the need to respond. (more…)

May 29, 2019

Biophilia in the corporate HQ: an historical perspective

by Guzman de Yarza Blache • Architecture, Environment, Facilities management, Features, Workplace design

In recent years, the concept of biophilia and the inclusion of greenery in the working environment has captured the media’s attention, which has depicted it as an important aspect of wellbeing in the workplace, seemingly the crucial indicator of a great office. For this reason, and beyond the superficial or cosmetic use of plants in the office, I would like to analyse the relationship between nature and the corporate world from a historical perspective in an effort to understand the role of greenery within the architecture of the corporate headquarters.

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May 27, 2019

The workplace revolution is already here

by Tony Antoniou • Comment, Workplace design

We should all count ourselves privileged to witness first-hand the most dramatic changes in working practices in over two hundred years. This workplace revolution has been brought about mainly by technology which has allowed freedom of movement through Wi-Fi and cloud technology. This freedom has been embraced by the smart companies, allowing their people to thrive by creating workspaces that take advantage of this opportunity to unshackle themselves from fixed desk positions. They have given them great spaces in which to work, to go out and enjoy their environment and to have the ideal place in which to perform each task they are working on throughout their day. (more…)

May 13, 2019

People three times more likely to discuss physical than mental health

by Neil Franklin • News, Wellbeing

People are three times more likely to discuss common physical ailments over mental health issues at work according to a new study published to coincide with Mental Health Awareness Week (13-19 May). The OnePoll survey of 2,000 employed adults reveals that, on average, 42 percent of employees feel comfortable discussing prevalent physical conditions, compared to just 14 percent who feel they can talk about common psychological issues. (more…)

May 2, 2019

Team activities more engaging for young professionals

by Marie Hillen • News, Workplace

Team activities designed to boost morale and strengthen relationships, are more successful in engaging younger talent than individual ones, a new report suggests. The research carried out by Perkbox and Talentpool claims that employer recruitment techniques are adapting incentives accordingly in a bid to attract top young talent, as young professionals today seem to like to prioritise ‘team’ over ‘individual’ in all of their everyday working practices. (more…)

May 1, 2019

The impact of technology, cyber-risk and the future of corporate real estate ⁰

by Kate Langan • Features, Property, Technology, Work&Place, Workplace design

It’s no surprise to say that technology is having a significant impact on the workplace and the use of corporate real estate. The fast pace of change has seen technology impact all aspects of business, government and culture, as well as personal life, with a constant flow of new innovations and solutions helping us to do things more quickly and efficiently. Equally, technology also provides a challenge to business and, more specifically, corporate operations, with a whole array of disruptive technologies.

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April 30, 2019

Best workplaces in London honoured at BCO annual Regional Awards

by Mark Eltringham • News, Property, Workplace design

Six London businesses celebrated success at the BCO Annual Regional Awards earlier today, with Facebook, 2TVC, Deloitte, Boden, Project North and Fora Borough all recognised as the capital’s best workplaces. The prestigious BCO Awards programme recognises the highest quality developments in the UK and sets the standard for excellence in the regional and national office sector. Today’s ceremony marked the third of the BCO Regional Property Awards dedicated to London, celebrating the best office space in the country. London winners will compete with those from other regions at the BCO National Awards in October this year.