September 16, 2013
Value of offices and property rental income across the UK hit two year high
The value of commercial real estate in the UK rose for the fourth consecutive month during August, led by increases in the average value of offices, according to a report from Investment Property Databank (IPD). The average value of offices, warehouses, retail and industrial rose by a 0.4 percent across the country. Office buildings rose by 0.6 percent during the month while total return, which combines changes in real estate values and rental income, was 0.9 percent, to reach the highest level since March 2011. The report claims the upturn is down to the wider economic upturn and persistent low interest rates which incentivise investors to acquire high income generating assets. The report also notes that investors are looking to acquire more property outside of London as the economic recovery spreads across the UK. (more…)
September 20, 2013
The rehabilitation of the cubicle and other lessons from 100% Design
by Mark Eltringham • Comment, Events, Flexible working, Furniture, Products, Workplace design
UniteSE from KI
As we’ve said before, acoustics has become the dominant theme at office design exhibitions over the past three or four years. That’s been true at shows in Milan, Cologne, Chicago and London and was certainly the case at this year’s 100% Design at Earl’s Court. A quick whizz around the office zone at this year’s event – which is a useful way of getting an impression before you stop to talk to people about the detail of what they’re doing – revealed that well over half of the exhibitors were showcasing products that addressed the issue of acoustics. And yet things have also moved on from recent events, not least in the rehabilitation of that most demonised of all office furniture pieces – the cubicle.
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