Search Results for: london

October 16, 2013

Workplace Week announces details of visits to London Government buildings

by Mark Eltringham • Events, Facilities management, Flexible working, Public Sector

DfE London HQ

For the first time, Workplace Week includes visits to two Government offices, the Department for Education at Sanctuary Buildings in Great Smith Street (pictured) and the Department for International Development on Whitehall. The DfE is just a stone’s throw from the Houses of Parliament and boasts outstanding views of several major landmarks. The building is home to some 2,000 staff who work in a flexible environment with 7 desks for 10 people. The Department for International Development moved to its new London HQ, the oldest purpose-built office in London, at the beginning of the year. The DfID has created a modern, flexible environment which encourages collaborative working, whilst being sympathetic to the historic nature of the building.

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October 4, 2013

Record breaking quarter for Central London commercial property markets

by Mark Eltringham • News, Property

According to a new report from property consultancy Colliers International, the West End of London has enjoyed a record £2.8bn of investment in the third quarter of 2013. Office occupancy increased by over 1m sq ft. in a market driven by activity in the tech and media sectors which accounted for 40 percent of the market. Also prominent are several major deals including the purchase of Paddington Central by British Land. Occupation of grade A office space reached more than 1.1m sq ft across central London. The figures mark the highest level of activity since the start of the downturn and 2013 activity is now only 1 percent lower than that for the whole of 2012.

September 28, 2013

Two major new London fit-out contracts for ISG

by Mark Eltringham • Company news, Workplace design

Multinational fit-out and construction firm ISG has won a contract for the fit-out of clothing retailer Arcadia’s UK headquarters near Oxford Street in London and is believed to have won a £50 million contract to fit out the ‘Baby Shard’ at London Bridge for Rupert Murdoch’s News UK. The £32 million Arcadia project for the reinvention of Colegreave House, designed by Sheppard Robson, involves the fit-out of four storeys and 155,000 sq. ft. of the existing building. Staff at the firm responsible for High Street brands such as Dorothy Perkins, Top Shop and Burton will remain in situ for the duration of the phased project which includes the installation of glazed roofs over the atria at the heart of the building to provide new community areas for staff.

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September 26, 2013

Planning permission granted for development at East London Crossrail site

by Mark Eltringham • Company news, Property

Planning permission has been granted for a mixed use scheme including 58,000 sq. ft. of office space at the Poplar Business Park next to the new Crossrail station just North of Canary Wharf in East London. Crossrail is the South East’s most important infrastructure project linking commuters in the Home Counties and Essex with central London and will complete in 2018. Jamie Hopkins, the CEO of developers Workspace claimed, “It is a significant redevelopment in an area that will be experiencing a lot of change over the coming years with the arrival of Crossrail at Canary Wharf. Poplar Business Park will be a thriving residential and business location in the heart of one of London’s future hotspots.”

September 19, 2013

Plans for a new high rise office development in City of London unveiled

by Sara Bean • Architecture, News, Property

DBOX for Henderson Global Investors and MAKE

Plans for a new high rise office development in the City of London have been unveiled by Henderson Global Investors. Designed by Make architectural practice, the high buildings at 40 Leadenhall Street, EC3 will vary in height between 7 and 34 office storeys, with two additional basement levels, a roof level plant, and café and restaurant uses at ground floor level. The total size of the building is 910,000 sq ft, split between 890,000 sq ft office and c. 20,000 sq ft retail. A grade II listed building at 19-21 Billiter Street, built in 1865, will be restored and integrated in the proposed scheme, which it is estimated will create 390 construction jobs, with around 7,000 people expected to work in the completed building. (more…)

September 3, 2013

New City of London skyscraper melts parked car

by Mark Eltringham • Facilities management, News, Property

In Philip Kerr’s 1995 novel Gridiron, a smart building which is programmed to function as its own facilities manager goes rogue and starts bumping off its occupants in a number of interesting and spectacularly violent ways. This might sound like the perfect wish fulfilment fantasy of your average FM, but looks prescient with the news that one of the new tranche of landmark buildings in London has become its own death ray. The Walkie Talkie in Fenchurch Street has been blamed for reflecting and magnifying light from the sun, (literally) glaring at the neighbours and melting parts of a car parked in a nearby street.

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August 22, 2013

London’s living wall designed to reduce flood risk and improve air quality

by Sara Bean • Environment, Facilities management, News, Property

The UK’s largest living wall, designed to reduce urban flooding, has been unveiled in London’s Victoria district. Standing at 350 square metres with over 10,000 ferns, herbaceous plants and 16 tons of soil, the wall, at the Rubens at the Palace Hotel near Buckingham Palace reaches over 21 metres high. The wall’s unique design enables it to capture rainwater from the roof of the building in dedicated storage tanks. Flooding is a key environmental challenge in Victoria during periods of heavy rain, due to the low absorbency of urban surfaces. According to the Environment Agency, there are now around 534,000 properties in London on the Thames floodplain, and one in four in London are at risk of flooding. (more…)

July 29, 2013

Fewer London firms plan to expand within the capital reports CBI

by Sara Bean • Facilities management, Knowledge, News, Property

As we’ve reported previously London is enjoying a booming office rental market, but according to the latest CBI/KPMG London Business Survey, high operating costs are making the capital less of an attractive prospect. While more of London’s businesses plan to expand during the next year, fewer are planning to do so in the capital, with high operating costs and housing shortages cited as the biggest concerns. London’s firms also plan to spend relatively more on recruitment and training; product and process innovation; and IT plant and machinery, but less on land and buildings. (more…)

July 24, 2013

News Corp move marks largest Central London office letting agreement in 8 years

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

In the largest letting in Central London to be agreed in the last eight years, News Corp is to move its entire operation to all 17 floors of the Place, next door to the Shard at London Bridge Quarter. The Place, like The Shard, is designed by Renzo Piano and comprises 430,000 sq ft of high quality offices, much of which utilises natural light. The move will see staff of News UK, Dow Jones and HarperCollins housed together for the first time once relocation to the new site begins in the summer of 2014.

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July 17, 2013

Plans to redevelop London’s Smithfield Market are given the green light

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

The much talked about plans to redevelop Smithfield market have been given the green light by City of London planners. As we reported earlier this year, the development in the heart of a London district renowned for its creative industries, including many of the UK’s leading workplace design studios, has been the subject of a great deal of scrutiny and controversy. Now the City of London’s planning and transport committee has voted to approve the scheme designed by John McAslan + Partners. Most of the objections were made by campaigners based on the heritage of the historic site.

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July 12, 2013

New joint venture formed to capitalise on booming London Office market

by Sara Bean • Company news, News, Property

A 50:50 joint venture partnership to capitalise on the thriving London office market has been formed by Hermes Real Estate Investment Management Ltd and Canada Pension Plan Investment Board. CPPIB is investing £173.9 million to acquire a 50 per cent interest from Hermes’ BT Pension Scheme’s (BTPS) existing portfolio, which comprises 550,000 sq ft of high quality offices, retail and ancillary accommodation, primarily located in London’s West End. Graeme Eadie, Senior Vice-President and Head of Real Estate Investments for CPPIB, said: “We are pleased to be partnering with BTPS and Hermes on this unique opportunity to invest in a high quality, well-diversified portfolio of office properties in prime Central London locations.”

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July 3, 2013

Two separate reports highlight thriving London office market

by Mark Eltringham • Knowledge, News, Property

Holborn Circus

The London office market continues to thrive according to two new reports from property consultancies CBRE and BNP Paribas Real Estate. According to the CBRE survey, take-up of Central London office space in the second quarter of 2013 increased by 32 percent compared with the previous quarter while, according to BNP Paribas, the take up of central London offices in the first half of 2013 rose by nearly a quarter 24 percent to 6.02m sq ft compared with the same period in 2012, while activity rose by around a third (31 percent) to 3.08m sq ft in the second quarter of the year compared with the second quarter of 2012. CBRE report that there were three deals for offices over 100,000 sq ft in the period covered and eight deals over 50,000 sq ft, the highest number since Q4 2010.

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