Search Results for: financial

November 15, 2018

Two new studies set out business case for contemporary office design

by Mark Eltringham • News, Workplace design

A brace of new reports sets out to identify the challenges organisations set themselves by inhabiting dated offices and how modern office design principles could address them. According to the Meeting Expectations report, released by K2 Space, workplace productivity is being impeded as a direct result of dated office design. The second study from Saracen Interiors focuses more on the role of office design as a recruitment tool. The reports follow the recent publication of a major report on similar themes from Worktech Academy and Fourfront Group.

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November 9, 2018

Importance of mental wellbeing underlined on national stress awareness day

by Mark Eltringham • Company news, Wellbeing

In the fourth of their series of wellbeing events leading flooring manufacturer Milliken invited Neil Shah (founder and Director or the Stress Management Society and best-selling author) to run an ‘excelling under pressure’ workshop. Interior designers and architects are known to be amongst the most stressed workers with tight deadlines, financial pressure and an ultra-competitive environment.

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November 7, 2018

Will technology prove a threat or a godsend in the new workplace?

by Matt Weston • Comment, Technology, Workplace

In the past decade, the business landscape has fundamentally shifted with the emergence of companies like Uber and Netflix, in addition to the rapid growth of large technology companies such as Apple and Amazon. Underlying this shift is the constant evolution and implementation of technology into the workplace. In a recent report, the World Economic Forum stated that digitisation could add a staggering $100 trillion to businesses by 2025.

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November 6, 2018

Employers struggle to understand what motivates people in new generation of megacities

by Neil Franklin • Cities, News, Workplace

Mercer has published the results of an extensive study that examines the needs of workers in the world’s fastest-growing cities across four key factors – human, health, money and work. The study provides insight into the motivations of workers against the backdrop of fierce competition for their talent. The study, People first: driving growth in emerging megacities (registration required), is based on a survey of 7,200 workers and 577 employers in 15 current and future megacities across seven countries, namely Brazil, China, India, Kenya, Mexico, Morocco and Nigeria. As defined by the United Nations, these 15 cities will have a combined population of 150 million people by 2030 and share strong, projected GDP.

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November 2, 2018

Skills and new businesses drive decade of recovery for UK cities

by Neil Franklin • Cities, News

Improving skills levels and new business formation have been the key long-term drivers of growth for UK cities since the financial crisis, according to the latest Demos-PwC Good Growth for Cities 2018 index that ranks cities on a combination of economic performance and quality of life. The latest Index analyses a decade of economic and social data to determine what long-term factors drive Good Growth. PwC analysis shows that the average city in our index has improved its good growth score significantly over 10 years from 2005-7 to 2015-17, and has now more than recovered from the recession and downturn triggered by the global financial crisis.

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November 2, 2018

Office take-up in Central London looks set to grow despite Brexit looming

by Sara Bean • Cities, Facilities management, Flexible working, News, Property

Continuing demand for office space within the Central London commercial property market has helped dispel pessimism about the future of London post-Brexit, according to the latest figures from Savills. Take-up of office space in the City of London reached 5.1 million sq ft at the end of the third quarter of 2018, just 1 percent down on the same point in 2017 and 18 percent up on the 10-year average, while the amount of office space under offer in London’s West End market was 1.9 million sq ft as of the end of September, a new record, which challenges the view that the market is in danger of decline. (more…)

November 1, 2018

CBRE launches its offering for the flexible office sector

by Mark Eltringham • Company news, Property

CBRE, one of the world’s largest commercial property firms has launched a flexible office service that will compete with groups such as WeWork and IWG, who own the Regus brand, for corporate tenants. The company has appointed a former Zipcar executive, Andrew Kupiec, to head Hana, a new wholly owned subsidiary that will operate flexible offices aimed mainly at larger corporate clients. Unlike its competitors Hana will not lease office spaces from landlords; instead, it will partner with them through joint ventures.

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October 26, 2018

Flexible workspace market in Asia-Pacific outpaces global markets

by Mark Eltringham • Flexible working, News, Property

The flexible workspace market in Asia-Pacific has been the fastest growing in the world over the past 12 months, according to a new study from Instant Offices. Supply of flex centres in the regions key cities has grown consistently above 15 percent with the only inhibitor to growth being a lack of available space for expansion. Supply of flex space increased by 16 percent over the last year with an estimated 8,600 centres now providing flexible office solutions across the APAC region. This influx of capital to the flex market, alongside increasing levels of demand from clients for flexible offices, has enabled rapid expansion in a short period of time. Of the 10 largest global markets for flexible office space, which incorporates co-working, executive suites, serviced offices and hybrid space, six now fall within Asia Pacific.

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October 26, 2018

We need to move on from the stigma of mental health to finding solutions

by Gary Helm • Comment, Wellbeing

Just as in physical health, everybody has a level of mental health. And while companies have begun to offer corporate gym membership discounts, bowls of fruit around the office, monthly massage and investment in huge amounts of ergonomically supportive furniture to try to assist their colleagues in maintaining a good level of physical health, few seem to be getting to grips with their colleagues’ mental wellbeing, despite the reality that they are dealing with huge numbers of employees who struggle.

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October 24, 2018

Commercial property uptake shows finance sector remains committed to London

by Neil Franklin • News, Property

Undeterred by political and economic headwinds in recent years, London remains a world leading financial centre and is by far the most active centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. The industry contributed £119bn to the national economy (7% of UK GDP) – half of this was generated by London, where it accounted for 14 percent of the city’s economic output.

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October 23, 2018

Technical, social and legal challenges to deployment of wearables in buildings

by Sara Bean • AI, Facilities management, News, Property, Technology

While there is substantial potential for the deployment of wearables there are also significant technical, social and legal challenges. This is the conclusion of the latest white paper from BSRIA, ‘Wearables & wellbeing in buildings – the story so far’ which found little evidence of any practical solutions linking wearables to HVAC or building systems in general that were already in operation, apart from in “niche areas” such as wearable security fobs. A wearable is a device or an item of clothing which can be worn by a human, or possibly be carried as an implant, which has a degree of “intelligence” built into it and can potentially communicate with the Internet of Things (IoT), either directly or indirectly, for example via a Bluetooth connection to a smart phone. (more…)

October 23, 2018

Flexible working to contribute £148 billion to UK economy by 2030

by Mark Eltringham • Flexible working, News

A predicted boom in flexible working could contribute £148 billion to the UK economy by 2030, equating to 16 times the cost of the London 2012 Olympics, according to the a socio-economic study of changing workplace practices. The analysis, commissioned by Regus and conducted by independent economists, studied 16 key countries to delve into the state of flexible working now and predictions for 2030.