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Demand by investors for UK commercial property remains strong

Demand by investors for UK commercial property remains strong

Demand by investors for UK commercial property remains strongThe level of demand for UK commercial property remains strong, despite continued lack of clarity over Brexit. According to the latest GVA review of commercial property investment market, European investors were more risk averse to the UK market because of the uncertainty caused by Brexit but demand from overseas investors, particular from China and the Far East, strengthened in 2018. Domestic investors have also made a ‘come-back’ to the UK market and have accounted for approximately 12 percent more acquisitions in 2018, compared to the previous year. In the North East, the lack of availability of investment property is one of the biggest factors affecting growth and there remains strong competition, particularly for prime well let assets. Regardless of political uncertainty, the fundamentals of the UK commercial property market will continue to make it an attractive place to invest, with London remaining the number one priority target of investors outside of Europe. Overall, the report concludes, the UK commercial property market will remain attractive with the exception of retail.

Career opportunities with SMEs are growing, but graduates not convinced

Career opportunities with SMEs are growing, but graduates not convinced

Career opportunities with SMEs are growing but graduates need convincingSmall and mid-sized businesses have hired three times more people than larger businesses over the past five years and could overtake large companies by 2030, according to new analysis of the latest ONS data commissioned by Santander Business Banking. However, separate research commissioned by the bank has found that significant numbers of young people are failing to recognise the significant job opportunities that SMEs offer. Just a third (35 percent) of Generation Z and Millennials leaving full time education say they wish to work for an SME, while an even smaller proportion, just one in six (18 percent), want to work for a start-up or micro business.  More →

Employers urged not to think of mental health as a minority issue

Employers urged not to think of mental health as a minority issue

Employers urged not to think of mental health as a minority issue

Following the call yesterday by business leaders for the mandatory provision of mental first aiders at work, new research claims many more workers are affected by mental ill health than usual estimates. Instead of a perceived one in four people affected by mental health, according to the results of new research from Accenture, nine out of ten workers (90 percent) are touched by mental health challenges. Two-thirds (66 percent) have personally experienced mental health challenges and even more — 85 percent — say someone close to them such as a family member, close friend or colleague had experienced them. More →

A cheap day return to Farringdon, please

A cheap day return to Farringdon, please

Timing is everything. Re-launching a professional body while the country’s politics unceremoniously implode could not have been foreseen, but the vacuous space was full of the registered and invited, many with a trail of string going back a few decades or more. What a lovely gathering of old friends it was. On Monday 12th The BIFM formally changed its name to the Institute of Workplace and Facilities Management. This event was to reveal the new creative collateral and celebrate the optimism/excitement/apprehension (delete as applicable).

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Biophilic design the key to improving mental health, productivity and stress levels

Biophilic design the key to improving mental health, productivity and stress levels

An expert panel at this week’s Welcome to the Biophilic Concrete Jungle event in London made the case for incorporating the principles of biophilic design into the workplace, including for health and wellbeing considerations, the promotion of productivity and to address workplace stress and urban disconnection from nature. HOK organised the event.  Panellists included Joyce Chan, Head of Sustainability and Trina Marshall, Regional Leader of Consulting from HOK, Professor Derek Clements-Croome from Reading University, Alexander Bond from Biophilic Design and Dr Ed Suttie from BRE.

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More needs to be done to bridge the digital gender divide, says OECD

More needs to be done to bridge the digital gender divide, says OECD

Barriers to access, education and skills, as well as ingrained socio-cultural biases, are driving a digital gender divide that is holding back women’s participation in the digital economy, according to a new OECD report. Bridging the Digital Gender Divide: Include, Upskill, Innovate says women are not currently empowered to take advantage of the opportunities offered by the digital transformation. While G20 economies have taken important actions to narrow gender gaps in general, more needs to be done to increase the participation of women and girls in the digital economy so that they too can contribute to and benefit from the digital transformation that is under way.

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The top airports in the world for remote working (and the worst)

The top airports in the world for remote working (and the worst)

Web meeting provider PowWowNow has carried out research to find out which airports around the world are the best for remote working. The research is based on data provided by AirHelp and LoungeBuddy, and looked at on-time performance, quality of service, passenger service, Wi-Fi score, as well as number of passengers and available lounges. PowWowNow collated these statistics to make their overall index of the top 36 airports. They developed an overall score from 1 to 10 in order to rank the airports accordingly.

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Far too few people cycle to work despite promotion and investment in infrastructure

Far too few people cycle to work despite promotion and investment in infrastructure

In spite of the government investing £1.2 billion into cycling, new research claims that it is still only a few people who are cycling to work, with many citing nervousness about cycling in traffic as the reason. A survey of more than 7,600 UK adults published by Decathlon in the Decathlon Activity Index 2018, shows that only 7 percent of the nation is commuting to work with a bike. Despite cities including Manchester, Cambridge and London having made improvements to accommodate cycling, more than 1 in 4 (26 percent) still feel it is too dangerous to do so. This was followed by 21 percent who said they are still too scared to cycle the roads to work.

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Annual commuting time is up 18 hours compared to a decade ago, finds TUC

Annual commuting time is up 18 hours compared to a decade ago, finds TUC

Commuting to and from work now takes 5 minutes longer than a decade ago, according to a new analysis published by the TUC to mark the annual Commute Smart Week organised by Work Wise UK. Rail commuters face the longest journeys, taking an average of 2 hours and 11 minutes every day – an increase of 4 minutes on the last decade.  Drivers spend 52 minutes on the road to work and back (up by 3 minutes), while bus commuters must set aside 79 minutes a day (up by 7 minutes). Cyclists (44 minutes) and walkers (29 minutes) have the quickest daily journeys.

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Is leadership the missing variable in the productivity equation?

Is leadership the missing variable in the productivity equation?

Quality of leadership is reported to be the single most important factor to impact the level of productivity in an organisation according to a new international research study. The report, The Puzzle of Productivity: What enhances workplace performance? was compiled by the Fourfront Group, The United Workplace (TUW) and WORKTECH Academy. It found that more than half of respondents surveyed (53 percent) named leadership as the most important factor in raising organisational performance. Less than a fifth of respondents named environment, technology or wellness as being the most important factor. Environment came second to leadership, but a long way behind on 18 per cent of the survey. More than half of the organisations surveyed worldwide (54 percent) said that ‘inspiring leadership’ is the best way to motivate staff to improve performance, whereas a ‘well designed workplace’ scored much lower on 19 percent with ‘a focus on wellness’ (14 percent) and ‘seamless tech’ (13 percent) even further down the field.

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The commuting gap: men account for two thirds of commutes lasting more than an hour

The commuting gap: men account for two thirds of commutes lasting more than an hour

commutingMen undertake almost two-thirds of commutes lasting more than an hour, a new analysis from the Office for National Statistics shows. It also reveals that women tend to undertake shorter journeys to work, accounting for more than half (55 percent) of commutes lasting 15 minutes or less. But, for all people, commuting times are most likely to last 15 minutes or less and least likely to last more than an hour.

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Flexible office market to grow by a third each year for next five years

Flexible office market to grow by a third each year for next five years

Gig economy leading to growth of flexible office space says JLLThe gig economy has helped lead to the doubling in size of the flexible office space sector since 2014 and it’s set to grow by up to 30 percent per year over the next five years claims new research published by JLL. Disruption or Distraction, a report delving into the growth of flexible office space across Europe explores the main drivers of the sector’s boom – including evolutionary changes in how, when and where people work, shifts in lifestyle, and rapid advancements in technology – and provides unique insights into the risks and rewards for both companies and real estate investors in Europe. More →