Search Results for: management

May 29, 2013

Crown Estate in £320m joint venture to redevelop area around Regent Street

by Sara Bean • Company news, News, Property

The Crown Estate, which manages the Queen’s property portfolio has announced a joint 50/50 – £320 million venture with Canadian real estate company, Oxford Properties. The Crown Estate, which will retain the freehold and take the lead role in the development says the St James’s scheme will provide 210,000 ft² of prime office and 50,000 ft² of flagship retail and restaurant space in two blocks located between London’s Regent Street and Haymarket. The project forms part of the Crown Estate’s ten-year investment strategy for St James’s and will transform a run-down back street service yard and taxi ‘rat-run’ with: “a fantastic new amenity for St James’s, revitalising half and acre of public realm and creating a new 10,000 ft² pedestrian square for world-class business, shopping and dining.” (more…)

May 28, 2013

Three quarters of London investment banks set to trim corporate real estate

by Mark Eltringham • Knowledge, News, Property

According to a new report from CBRE, nearly three quarters (72 percent) of investment banks based in London are looking to cut their corporate real estate portfolios over the next two years as they adjust to a changing global market for their services as well as structural changes in the UK’s regulatory framework. As well as trimming London based properties, the report says that banks will continue to relocate functions to the UK regions in an effort to reduce costs. Since the low point of 2009, rents in the City of London have increased from £42.50 per sq ft to about £55 per sq ft. The survey also found that just over a third (34 percent) of banks expect to see cuts as a result of mergers and acquisitions in the sector.

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May 25, 2013

Why facilities managers deserve a seat at the design table

by Tony Cole • Comment, Facilities management, Furniture, Workplace design

For a long time there has been a distant relationship between facilities management (FM) and design, with FM treated as a post occupancy issue rather than a valuable consideration during the design process. The truth is that effective collaboration between facilities managers and designers can yield innovation and even better product design, be that in relation to a new head office building, or the systems and furniture that are housed within it. The compartmentalised view that design occurs and then facilities managers come along to operate and maintain is inaccurate and outdated.

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May 23, 2013

New report offers latest evidence of link between office design and productivity

by Mark Eltringham • Briefing, Knowledge, Workplace, Workplace design

So, does workplace design have any impact on productivity and business performance? Well duh. So why are we still trying to convince managers when there is so much evidence and experience to prove it. The latest study to demonstrate the link builds on decades of research and adds further compelling evidence in a debate that should have been over a long time ago. In this report, workplace strategist Nigel Oseland and the Atomic Weapons Establishment’s estate masterplanner Adrian Burton describe their research quantifying the effect on worker performance of improvements to the office environment. The question these reports always beg is why the argument still has to be made.

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May 23, 2013

UK employee engagement and productivity lags behind most of world

by Sara Bean • Knowledge, News, Workplace

You might regard the concept of employee engagement as just a new way to describe industrial relations, but there is a growing body of research that UK employers need to do more to keep their employees on side. According to the latest missive, low employee engagement and lagging productivity is the greatest employment challenge facing UK business in 2013. Global research by Right Management found that this was the key concern for one in three (31 per cent ) employers compared to a global average of just one in five (21 per cent ) HR professionals, suggesting that after years of economic uncertainty and doing ‘more with less’, the UK workforce has reached a productivity impasse. (more…)

May 22, 2013

Flexible working going into reverse in parts of UK public sector

by Mark Eltringham • Knowledge, Public Sector, Technology, Workplace

A briefing from the Society of IT Management claims that while nearly all UK public sector organisations have adopted some form of flexible working, the practice remains far from universal and is going into reverse in some departments. The report found that around 97 percent of UK public sector organisations have now adopted the practice in the form of home working, desk sharing and mobile working in four of the public sector functions surveyed. While while there have been large increases in adoption the adoption of flexible working in the revenues and benefits functions and some in education, four other services show a significant decline with others appearing to be static.

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May 21, 2013

Office hierarchy determines ergonomic quality of workplace

by Sara Bean • Comment, Facilities management, Furniture, Knowledge, News, Technology

When you consider health and safety dangers at work, there is really no contest between the risks blue collar workers face – falls from height, heavy lifting and breathing in asbestos dust – compared to the relatively minor mishaps of the average office worker. But it seems there is no such thing as an ‘average’ office worker either and where you fit in the pecking order could have a direct impact on the level and quality of the ergonomic tools you’re offered. According to a worldwide survey published by Jabra and YouGov there is a great demographic divide when it comes to the ergonomic equipment provided within the office – and your level of education and department play a significant role in how well you are seated and whether you are offered a headset or handset. (more…)

May 17, 2013

CBRE WorkShop concept is interesting, but is it workable?

by Simon Heath • Comment, Property, Technology, Workplace, Workplace design

I’d like to deal in this article with the arrival yesterday of the long-awaited white paper from CBRE’s thought leadership exercise, The CBRE Workshop. However, I should declare an interest for the sake of transparency. Until June 2012 I was employed by CBRE and reported directly to a couple of the people who are heavily involved in The Workshop idea. I would reassure readers that I am not a disgruntled former employee. I have a huge amount of respect and warm regard towards my erstwhile colleagues and nobody will be happier than me to see them do well.

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May 15, 2013

RICS developing BIM accreditation standard to advance uptake

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

Alan Muse, Director of Built Environment Professional Groups (RICS) is calling for a cultural shift to ensure that Building Information Modelling (BIM) is more widely adopted. This follows the results of a survey taken at the RICS National BIM conference which revealed that despite its overwhelming recognition within the built environment nearly half of respondents were still not using the process, with 46 per cent identifying minimal client demand as a major factor preventing their implementation of BIM. Comments Muse: “Quite simply, some clients are not yet recognising the efficiencies that BIM can bring”, which is the reason why RICs is now developing a BIM accreditation standard.

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May 15, 2013

Long term investment in infrastructure needed to boost UK economy

by Mark Eltringham • Knowledge, News, Property

The UK government should reverse the long term slump in infrastructure investment to boost the economy, according to a new report from the Centre for Economic and Business Research and the Civil Engineering Contractors Association. The report, Securing Our Economy: The Case For Infrastructure, calls for the government to address the decade long £13bn infrastructure construction shortfall and lays out a series of recommendations to reverse the situation. The report claims the UK endures a £78bn GDP ‘black hole’ each year due to the lack of investment and that by investing at the level of other developed economies, the economy could enjoy an additional £100 billion each year by 2026.

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May 14, 2013

English Heritage clarifies requirements for post-war office buildings

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

The results of a pilot project to review list descriptions for post-war commercial offices has been announced by English Heritage. The revisions to 28 commercial offices by the conservation body have better identified the special interest in these buildings, which in many cases are the exterior and internally are usually limited to spaces such as lobbies and board rooms. When other parts of the building, such as basements and working floors are not of interest, this is said explicitly, thereby giving owners greater flexibility and clarity in the consents process and the management of change.

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May 14, 2013

Will the Great Trade Association Merger have any impact on office design?

by Mark Eltringham • Comment, Facilities management, Property, Workplace design

Anybody who has been working in and around the facilities management sector for any length of time will know that the FM profession/discipline (delete as appropriate) regularly undergoes protracted periods of existential angst about its role. It strikes me however that this is actually quite an easy question to deal with because the answer is the same as it is for similarly amorphous professions such as marketing. It all seems to depend on who you are and what you are trying to do. That’s the twist. The average facilities manager, like the Urban Spaceman, doesn’t exist. I might think that but it won’t stop the associations and institutes currently working together to establish a new super-body for FM in the UK having to continue the debate.