Search Results for: london

August 28, 2013

Dull corporate offices with no “buzz” inhibit productivity, complain staff

by Sara Bean • Facilities management, News, Workplace, Workplace design

Creating a dynamic and creative workplace is dependent on a number of factors; the office layout and design, the style of management and the wider company culture. Get these elements right and, says workplace consultants Morgan Lovell you hit the “Buzz Barometer” – a combination of a good atmosphere, energy and teamwork which encourages productivity and high levels of employee engagement. However, according to their recent research, three quarters (78 per cent) of employees say they would be significantly more productive if their workplace had more buzz. And worryingly for larger organisations, corporates are failing to match small company buzz, with four-fifths (81 per cent) saying SMEs offer a better working atmosphere than large companies.

August 27, 2013

Law firm defies sector’s West End exodus with office relocation

by Sara Bean • Company news, Facilities management, Legal news, Property

The relocation by law firm Davenport Lyons from London’s Mayfair to its new offices at 6 Agar Street in the West End next month, means it is one of the last remaining West End-based law firms – most have moved out of the area due to the increasingly exorbitant costs. Davenport Lyons, which has been based in its current Old Burlington Street location for 23 years, says it remains in the area to form a “legal hub bridging the gap between the financial institutions and wealth in Mayfair, and the commercial banking sector in the city and Canary Wharf.” The new office space is also designed to deliver a semi cellular space solution, reflecting the next phase in the law firm’s evolution. More →

August 21, 2013

Finalists announced for first global City Climate Leadership Awards

by Sara Bean • Architecture, Environment, News, Property

Siemens and the C40 Cities Climate Leadership Group have announced the 29 cities shortlisted for the inaugural City Climate Leadership Awards. C40 is a network of cities from around the world committed to implementing meaningful and sustainable climate-related actions and the new awards aim to recognise C40 City members that can demonstrate climate action leadership. The winners will be announced at an event at the environmental London landmark building the Crystal [pictured], home to Siemens’ sustainable cities initiative, on September 4, 2013. This will be followed by a conference on September 5, gathering mayors, city planners, and urban sustainability experts to address some of the most pressing climate change and sustainability challenges of the day. More →

July 24, 2013

RICS reports most positive construction sector activity for six years

by Sara Bean • News, Property

The UK construction sector finally seems to be turning a corner with new projects beginning to rise in almost every part of the country, according to the latest RICS construction market survey. During the second quarter of this year a net balance of 21 per cent more surveyors reported rises in workloads, the most positive reading in over six years. While consistently falling activity has meant that projects are still generally speaking thin on the ground, this upturn suggests that the worst could now be over for the sector. More →

July 23, 2013

Facilities Show and Facilities Management Association confirm event partnership

by Sara Bean • Facilities management, News

The Facilities Management Association (FMA) has signed an exclusive partnership agreement with the organisers of Facilities Show that will see the two organisations collaborate closely for the 2014 event when it moves to London’s ExCeL. The terms of the partnership with organisers UBM Live, will see the FMA continue to play an integral role in the development of the show by once again hosting the FMA Pavilion, a central meeting and networking hub for its members including many of the major TFMs.

July 22, 2013

Green shoots detected for UK regional office rental markets

by Sara Bean • Facilities management, News, Property

There is evidence of improving fortunes for the UK’s regional office markets, latest figures suggest. CBRE has revealed national rental value grew by 1.7 per cent over the second quarter of this year with offices across all UK regions performing well, and none recording a drop in rents. The highest rate of rental growth over the last twelve months, as we reported earlier this month remains that of Central London at 5 per cent (and 1.7 per cent for the last quarter), but a number of the regions outside London and the South East have started to record rental growth for prime offices, whereas until recently the general trend has been down.

July 18, 2013

Cooling advice issued on managing soaring workplace temperatures

by Sara Bean • Facilities management, Legal news, News, Workplace

We’d managed to avoid the topic “isn’t it really hot” on Office Insight but as the UK heat-wave enters its third week it’s become impossible to ignore. Employers are being urged by unions to relax workplace dress codes, with the TUC calling for the introduction of a maximum workplace temperature of 30C – or 27C for those doing strenuous work. Under current health and safety law, workplaces can’t legally fall below 16C but there is no upper limit. The Chartered Institution of Building Services Engineers (CIBSE) meanwhile, has issued a new guide that provides greater understanding and improved prediction of overheating in commercial buildings.

July 12, 2013

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

by Charles Marks • Comment, Facilities management, Property, Workplace design

News 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.

July 10, 2013

Design Museum sale paves way for resurrection of Commonwealth Institute

by Mark Eltringham • Architecture, Comment, News, Property, Workplace design

Deskheads of a certain vintage may have viewed the news that Zaha Hadid had bought the Design Museum’s London home for £10 million in a somewhat different light to much of the media that reported the sale. While journalists succumbed to the apparently irresistible pull of architectural headline magnet Zaha, to some of us the interesting part of the story was that the sale finally freed the Design Museum to move to the long empty Commonwealth Institute building in Kensington. The building is one of the most architecturally important modern buildings in London and has a long association not only with The Commonwealth Institute educational charity but as a venue for cultural events and exhibitions of design, not least the now defunct Prima and Spectrum exhibitions which did so much to promote commercial interior design in the UK.

July 8, 2013

Landmark Lloyd’s building sold to Chinese insurance firm in commercial property deal

by Sara Bean • Architecture, News, Property

The iconic Richard Roger’s-designed Lloyd’s Building at One Lime Street, London EC3, has been sold to Ping An, a Chinese insurance company for £260 million, it’s been confirmed. The Lloyd’s Building will continue to house the world’s leading insurance market as it is let in its entirety to the Society of Lloyd’s on a lease expiring in 2031. Jon Crossfield, director within Savills’ Central London team, says “This is a potentially landmark transaction, given it is the first by a Chinese Insurance company overseas. It is a high profile and confident entry to the market for them and further illustrates the dominance of overseas investors in London at present.” The commercial property deal, which represents the first purchase by a Chinese insurance company in the UK was managed by Commerz Real and advised by Savills and CBRE.