January 7, 2019
Workers say finding people with the right skills is biggest issue this year
Over half of workers (53 percent) believe that getting the right people with the right skills will be the biggest issue faced by their workplace in the year ahead. This is according to research published by Acas today, which commissioned YouGov to find out what UK employees identified as the most important workplace issues in the year ahead. The other two top issues identified were technological change (36 percent) and productivity (36 percent). Other issues identified by participants in the poll included fit and healthy staff (18 percent) and Equality and Fairness (17 percent). Acas Chief Exec, Susan Clews, said: “Employees feel that getting workers with the right skills is a key concern in the year ahead. This could be attributed to uncertainty around our relationship with the EU at the moment or general concerns around skills shortages.






Office investment volume in Central London in 2018 is expected to come close to £20 billion, despite the ongoing economic and political uncertainties of Brexit. According to Savills London witnessed notably above average levels of office take-up in 2018 and achieved the best ever City of London rent (£80 per sq ft). The list of global businesses committing to long term leases has continued to grow with announcements in the last 12 months from Facebook, LinkedIn and Sidley Austin. The constrained development pipeline has seen more office pre-lets over 50,000 sq ft agreed in 2018 than ever before, while a shortage of available Grade A options has matured into a greater number of development opportunities. Savills also predicts a greater number of value-add and development opportunities coming to the market and that trading in London will insure the ongoing creation of the world’s best office buildings in a city where people will continue to want to work. This in turn creates new investment opportunities for global investors searching for prime assets.










The European property sector is predicted to grow next year, according to CBRE’s 2019 EMEA Market Outlook report. Although recent indicators suggest some slowing of momentum economic growth in Europe will remain above-trend rate in 2019 and 2020, with Spain, Ireland and the central European countries expected to see the fastest economic growth. France’s growth is expected to accelerate as recent economic reforms begin to pay off; however, UK growth is expected to remain below-trend, but with better long-term potential once the current uncertainty around Brexit passes. Office markets around the region are expected to see positive growth in leasing levels in 2019. However, major European cities, including Paris, Berlin, Stockholm and London, are expected to see lower levels of employment growth in office-using sectors. 





December 17, 2018
Don’t be a turkey, get on the commercial property gravy train
by Jo Sutherland • Comment, Property
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