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Latest Insight newsletter is now available to view

Insight_twitter_logo_2In this week’s issue; Maciej Markowski says most companies are not like Google, so don’t require a Google-cloned office; and Mark Eltringham explains why Charles Handy was largely correct in his pronouncements on the changing nature of work. Take up of leased office space in London hits its highest level since 2000; the UK workforce sees an increasing pay divide; and with new flexi-rights just weeks away, Acas publishes a new free guide on Shared Parental Leave. The Government publishes the latest edition of its ‘Greening Government ICT Strategy report; and the House of Lords’ report, Make or Break: The UK’s Digital Future, predicts that 35 percent of jobs over the next two decades will be automated. Sign up to the newsletter via the subscription form in the right hand sidebar and follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

£16.5m deal for office development at Moorgate Crossrail station confirmed

New £16.5 deal for office development at Moorgate Crossrail confirmedLand Securities has confirmed it has bought the leasehold to the 1.9 acre site located at the western entrance to the Liverpool Street Crossrail station for £16.5 million. Plans for the site, at 21 Moorfields, EC2, which currently comprises vacated 1970s offices and a Transport for London (TfL) worksite, include two new buildings totalling approximately 500,000 sq ft of predominantly office space, with some retail at ground level and a public realm. The two proposed buildings will provide direct access to the underground and the new Moorgate Crossrail station below – due for completion in 2018. Land Securities entered into a conditional agreement to acquire the site in December 2012 and has since negotiated to own the site on two separate 250 year leases, with TfL having the option of participating in the development.

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Why would you want a Google office when you can create your own?

You don't want a Google office do you?Google has dramatically shaken up the world of the Internet and also changed the face of the traditional office environment forever. Nothing has ever been the same, since the ubiquitous four-colour logo first appeared on the worldwide web. Everything that Google does creates a ripple in the business world. Whether it’s giving employees 20% of their time to focus on their own projects, allowing them to form teams to peruse the idea of their choice or installing slides instead of stairs many are asking “should we also be doing that?” And it’s not surprising. All companies want to be successful and there’s no better success story around than Google. So let’s try and model ourselves on or imitate Google, right? I have lost count of how many times I’ve heard “could we have an office a bit more like Google?”

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Government launches scheme to attract US tech sector to UK

tech sectorThe Government has launched a scheme to attract US tech firms to set up or ramp up their businesses in the UK. The tech sector is already worth around £120 billion to the UK and the Government hopes the HQ-UK programme will offer investors a chance to tap into a well-established pool of talent and a business-friendly and low tax economy. The initiative is a joint venture between Tech City, the Department for Business, Innovation and Skills, and the Department for Culture, Media and Sport. HQ-UK will simplify and quicken processes for visa applications and setting up UK bank accounts. The programme will also highlight the UK’s high skilled tech savvy workforce, the Government’s commitment to the development of programming skills in schools and the second largest labour market in the EU.

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The open plan remains an important office design element

office designFor half a century the default office design model in large parts of the world has been the open plan. Even though that continues to be the case, a growing number of voices are questioning this hegemony and suggesting there may be better ways of designing offices that balance the advantages of the open plan while eliminating or mitigating drawbacks. On the face of it, the case for working in open plan offices is clear cut. Not only are they believed to be more conducive to collaborative work, open plan workstations take up around half the space of cellular offices. As well as taking up less space, a crucial consideration is that fit-out costs are typically around 25 per cent lower, even in eye wateringly expensive commercial property hotspots such as London.

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Winners announced for first ever employee engagement awards

Winners announced for first ever employee engagement awards Hotel management company The Dorchester Collection has picked up The Investors in People Company of the Year Award, in the inaugural Employee Engagement Awards. Although awards programmes are as much about marketing and revenue as recognising talent and achievement, it’s clear that the launch of the first ever awards that recognise employee engagement reflects a growing realisation by employers that it’s an area to be taken seriously. As the economy improves, the labour market grows more competitive and businesses have to offer and be seen to be doing things differently, to create an engaging and rewarding working environment. Other notable winners include The University of Sheffield, which won the Wellness Award and Transport for London, for Project of the Year Award (Public sector).

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Buoyant demand for commercial property across Europe, claims report

Paris commercial propertyEurope’s commercial property market ‘sizzled’ during 2014, according to a new report by Real Capital Analytics (RCA). Europe saw 213.1 billion euros of commercial real estate transactions in 2014, a rise of 13 percent over 2013. Paris led France to a 31 percent rise, although the French capital accounted for three quarters of demand. In contrast, demand in London fell 3 percent as high prices led investors to British regional markets, with the UK market overall up 16 percent. A similar trend emerged in Germany, where volumes in Berlin, Munich and Hamburg fell, while markets in the Ruhr, Cologne and Stuttgart strengthened. Most improved were commercial property markets in Ireland and Spain, where investment volumes soared 89 percent and 134 percent respectively.

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Latest commercial buildings listings illuminate changing world of work

30 Cannon StreetThe latest fourteen buildings to be listed as part of the Post-War Commercial Buildings Project have been announced by the UK Government’s Department for Culture, Media and Sport. The project was initiated by English Heritage in 2011 as a way of recognising the significance and diversity of commercial buildings and acknowledging their unique proneness to change. According to English Heritage the latest fourteen Grade II listed entries (as well as a number of others assessed but deemed of lesser significance) also highlight how the design of commercial buildings reflected the changing world of work up to the cut off point of 1984. Although the projects are predominantly in the South East, there are listings for commercial buildings in Leeds, Newcastle-upon-Tyne and Birmingham.

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Collaborative workspace concept is being embraced in the City

Collaborative workspace concept moves into the City of LondonIt looks like the collaborative workspace concept is gaining credence beyond the tech start-up fraternity. British Land has announced it is to partner with Central Working, a members’ club which provides growing businesses with infrastructure, support and tools, to open a new club, Central Working City, at 4 Crown Place, next to Liverpool Street station. The move reflects a growing demand from start-ups and entrepreneurs for more collaborative workspaces in the area.The new club will occupy 11,000 sq ft across three floors of the five storey building. Following an extensive fit out the new club will offer members a mixture of shared working space, break out rooms, permanent offices and outdoor space. Profits from the club will be shared between British Land and Central Working.

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Digital revolution continues to transform the way we work

Old-Street-TechhubThe full extent of the way digital technology is transforming British working life is apparent in new research published by Brunel University. The study – essentially a snapshot of the digital revolution in 2015 – found that 98 percent of the 830 businesses surveyed have a website, 8 in 10 manage finances online, 53 percent provide flexible working and 63 percent see innovation as a way to improve customer satisfaction. However, the study also reveals a major gulf between big business and SMEs, with larger firms significantly more digitised than their smaller contemporaries. This raises concerns over the preparedness  of the SME sector at a time when the Government’s growth agenda has prioritised nurturing and supporting new and evolving enterprises – and for whom the digital battleground has broken down traditional barriers to entry.

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Latest figures show record last quarter for UK commercial property investment

Latest figures show a record quarter for UK commercial property investmentInvestment in the UK commercial property sector totalled £20.5bn in the final quarter of 2014 – a 26 per cent increase on the previous quarter and the highest quarterly performance on record. The demand for Central London offices was a key driver for this as in the final quarter of the year, investment in this sector more than doubled from the previous quarter. The latest edition of Lambert Smith Hampton’s UK Investment Transactions report reveals that investment in the UK regions increased overall by 41 per cent to £21.1bn for the year as a whole – the second highest figure on record.  Overseas investors continue to be the largest buyers of UK commercial property, with investment from the US more than doubling year on year and interest from the Far East also increasing significantly. Click here for more information.

The new weekly issue of Insight is now available to view online

workplace insightIn this week’s issue: Colin Watson looks back on yet another year of dramatic workplace change and predicts we ain’t seen nothin’ yet; Mark Eltringham explores the complex nature of happiness and motivation; the BBC gets a shoeing from MPs for the running costs of its estate; the world’s taste for skyscrapers shows no signs of abating; bullying at work remains a blind spot for many managers; Paul Goodchild calls for more human centred design in office receptions; London’s thriving property market means available space comes at a premium and Sara Bean finds how flexible working is increasingly important for an aging workforce. Sign up to the newsletter via the subscription form in the right hand sidebar and follow us on Twitter and join our LinkedIn Group to discuss these and other stories.