Search Results for: office

Growing number of businesses want people back in the office, but not in all sectors

Growing number of businesses want people back in the office, but not in all sectors

Over two fifths (41 percent) of businesses have emphasised the need for people to work in a physical workspace such as an office over the past year, according to a new pollOver two fifths (41 percent) of businesses have emphasised the need for people to work in a physical workspace such as an office over the past year, according to a new poll from the British Chambers of Commerce (BCC). While most of the firms (67 percent) who require onsite working say it hasn’t impacted recruitment or retention, one in ten relevant businesses (9 percent) have seen staff leave in response. (more…)

Average length of London flex office agreements reaches a new high

Average length of London flex office agreements reaches a new high

New research from CBRE has found that the average London flex office agreement now stands at 22 months, a record highNew research from CBRE has found that the average London flex office agreement now stands at 22 months, a record high since CBRE started tracking the data in 2020. In addition to longer commitments from occupiers, pricing in the capital has increased in recent years for best-in-class locations, with CBRE’s data showing H1 2025 rents in Mayfair & St James’s achieving an average of £315 per sq ft, and a top rate of £380 per sq ft, the highest in the UK. (more…)

Better offices for all as occupiers shift focus away from cost cutting

Better offices for all as occupiers shift focus away from cost cutting

New research suggests a worldwide shift in workplace strategy, with portfolio optimisation (better offices basically) now the top priority for corporate real estate leaders, overtaking cost reduction for the first time.New research suggests a worldwide shift in workplace strategy, with portfolio optimisation and better offices now the top priorities for corporate real estate leaders, overtaking cost reduction for the first time. JLL’s 2025 Occupancy Planning Benchmark Report found that 73 percent of respondents identified portfolio optimisation as their main focus, compared with 70 percent who cited cost reduction and improved reporting. (more…)

Office utilisation reaches equilibrium, and demands a rethink of workplace strategy

Office utilisation reaches equilibrium, and demands a rethink of workplace strategy

The British Council for Offices (BCO) has published a new report which claims that while office utilisation rates have stabilised, there has been a fundamental shift in how offices are usedThe British Council for Offices (BCO) has published a new report which claims that while office utilisation rates have stabilised, there has been a fundamental shift in how offices are used, with major implications for developers, investors and occupiers. The report, authored by Nigel Oseland of Workplace Unlimited, shows that the long-standing benchmark of 80 percent office utilisation is no longer fit for purpose. Post-pandemic data suggests a more realistic, but nevertheless conservative, figure of 66 percent equating to an effective density of 15 sq. m per occupant, up from the previous 12.5 sq. m. This recalibration reflects a maturing flexible working model that empowers organisations to right-size their space, reduce waste and enhance employee experience. With high-profile organisations in financial services and the public sector under the spotlight for space misalignment, the report offers timely, evidence-based guidance for the sector. (more…)

Flexible office market in EMEA enters new phase of growth

Flexible office market in EMEA enters new phase of growth

The flexible office market across Europe, the Middle East and Africa is shifting into a new phase, according to new data from Colliers. The region’s flex workspace footprint grew by more than 348,000 square metres in 2024, despite difficult economic conditions and reduced capital availability. The firm’s Flexpansion: The Architecture of Agility report charts a 4.4 percent year-on-year increase in flexible space across 46 EMEA markets. The total now stands at 8.3 million square metres. (more…)

Business rates hike could cost London office occupiers £432 million more from 2026

Business rates hike could cost London office occupiers £432 million more from 2026

Office-based businesses across Central London could face a steep increase in business rates from April 2026, according to new research by property consultancy Colliers.Office-based businesses across Central London could face a steep increase in business rates from April 2026, according to new research by property consultancy Colliers. The analysis suggests that occupiers of prime office space may collectively see bills rise by £432 million, bringing total business rates liabilities to £5.23 billion—a 9 percent increase on current levels. Colliers examined 27 Central London areas, focusing on Grade A office spaces over 10,000 sq ft, to assess the expected financial impact of the 2026 Rating Revaluation. The forecast draws on changes in rental values between April 2021 and April 2024 and anticipates a higher business rates multiplier for properties with rateable values (RVs) above £500,000. (more…)

The Kafka trap of return to office arguments

The Kafka trap of return to office arguments

This month I witnessed somebody misapplying the work of Kafka in an attempt to make a middlebrow point about the so-called return to officeRecently, I bemoaned how Orwell is often invoked in support of an argument by people who haven’t read him. They are usually drawing on some laundered misperception of his work, and especially Nineteen Eighty-Four. Well, just a few days ago, I witnessed somebody misapplying the work of Kafka in a similar attempt to make a middlebrow point about the so-called return to office. (more…)

The pace of office downsizing appears to be slowing to a stop

The pace of office downsizing appears to be slowing to a stop

The majority of organisations have already reduced their real estate footprint – but the pace of office downsizing is slowingA new report from Leesman claims that the sharp reductions in office space seen in last five years may now be levelling off. According to the Focus Forward study, which draws on data from 132 senior corporate real estate (CRE) leaders worldwide, the majority of organisations have already reduced their real estate footprint – but the pace of office downsizing is slowing. The report states that 68 percent of organisations surveyed had downsized over the previous 18 months. However, only 49 percent said they intended to reduce space in the next 18 months. Of those, just 11 percent anticipated what the report refers to as “considerable” reductions. (more…)

AgileAcoustics Unveils hilo.work- the World’s first electric height-adjustable office privacy screen

AgileAcoustics Unveils hilo.work- the World’s first electric height-adjustable office privacy screen

AgileAcoustics has announced the launch of hilo.work, the world’s first electric height?adjustable office privacy screen system, which debuted to great acclaim at the recent Clerkenwell Design Week 2025 in LondonAgileAcoustics has announced the launch of hilo.work, the world’s first electric height-adjustable office privacy screen system, which debuted to great acclaim at the recent Clerkenwell Design Week 2025 in London. Crafted and manufactured in West Yorkshire, hilo.work empowers users to adjust screen height to suit focus, privacy, or collaboration, seamlessly adapting acoustic environments in real time. Whether raising screens to reduce noise and distractions or lowering them to foster openness, the intuitive electric system gives individuals control over their workspace. (more…)

Growing demand for homes and lab space may be met by repurposing vacant offices

Growing demand for homes and lab space may be met by repurposing vacant offices

Rather than retrofitting secondary vacant offices, landlords are converting them into homes and life sciences laboratoriesA growing mismatch between supply and demand in the housing and life sciences sectors is fuelling a wave of office conversions across the UK, as developers seek to repurpose outdated vacant offices to meet changing needs, according to a new report from CBRE. According to the real estate firm, the rise in hybrid and remote working has left a significant volume of secondary office space vacant, with many buildings no longer fit for modern corporate requirements. Rather than invest in costly retrofitting, landlords and investors are increasingly exploring conversion opportunities – particularly into residential units and life sciences laboratories. (more…)

Clerkenwell Design Week 2025 will testify to the reinvention of the office design sector

Clerkenwell Design Week 2025 will testify to the reinvention of the office design sector

Clerkenwell Design Week 2025 is not just a showcase of products – it’s a celebration of creativity, collaboration and the power of design to shape a better world.The weather over the last few weeks has been unseasonably pleasant in the UK. Everybody involved in Clerkenwell Design Week will be hoping that continues. It’s a must-see event whatever the weather but there’s no doubt that last year’s show wasn’t helped by the downfall of rain on at least one day.  As the currently bone-dry streets of Clerkenwell prepare to welcome thousands of design enthusiasts, architects, makers and curious minds from across the globe, Clerkenwell Design Week 2025 promises to be one of the best yet. (more…)

Most organisations now think they reduced their office space too much in the wake of the pandemic

Most organisations now think they reduced their office space too much in the wake of the pandemic

According to The Office Occupiers Report 2025 from Irwin Mitchell nearly two-thirds of the organisations surveyed now believe they may have downsized their office space too much over the past few years.Most UK businesses now believe they got their office space strategies wrong in the wake of the pandemic. According to The Office Occupiers Report 2025 from Irwin Mitchell nearly two-thirds of the organisations surveyed now believe they may have downsized their office space too much over the past few years. Consequently, 45 percent are planning to expand their office footprint within the next 12 to 18 months, compared to just 10 percent considering further reductions. (more…)