March 29, 2018
UK Government shrinks size of its estate for eighth consecutive year
The size of the UK government’s estate fell for the eight consecutive year in 2017, according to the annual State of the Estate report. The Cabinet Office’s report found that the government reduced its land holdings by more than 1m sq ft over the period 2016-2017, netting the government £620m in capital receipts and slashing running costs, which the Government claims is a direct consequence of its use of mobile technology and workplace design. The report outlines the property disposals in 2016/2017, which included the sale of its stake in the King’s Cross Central development and the 70-acre Sunningdale Park estate. The aim of the divestment programme is to generate £5bn in receipts and sell enough land for 160,000 homes by 2020. In the first two years of the Asset Efficiency programme, £1.66bn has now been raised in capital receipts from disposals, according to the report.














The construction industry needs new talent and skills to help in the adoption of new technologies to meet the challenges of digital transformation. It must also become more diverse, including increasing the percentage of women in the industry. These are the recommendations of a new report from the World Economic Forum, developed in collaboration with The Boston Consulting Group (BCG), Shaping the Future of Construction: An Action Plan to solve the Industry’s Talent Gap. The report argues that the Infrastructure and Urban Development (IU) industry has failed to innovate as quickly as other sectors, resulting in stagnating productivity and negative effects on the economy, society and the environment. An ongoing industry-wide shortage of qualified workers is among the key reasons for this issue. It has undermined project management and execution, adversely affecting cost, timelines and quality. It also has impeded the adoption of new digital technologies, such as building information modelling (BIM), automated equipment and cloud-based collaboration tools, which could improve productivity. The report provides twelve key actions which needs to be implemented to close the structural talent gap of the construction industry.








The proportion of flexible space within occupier portfolios will continue to increase in 2018; a growing adoption of technology will redefine buildings, workplaces and portfolios; and it will be a year of decision for many businesses regarding Brexit. These are among the ‘UK Property Predictions 2018’ report from JLL which covers a range of different topics, with a particular focus on UK corporate occupiers. The report claims that traditional static portfolio concepts are being redesigned to incorporate new formats of space, co-working and a more fluid and diverse range of space options that support creativity, innovation and collaboration. 

March 26, 2018
A growing number of employers are driving demand for independent professionals
by Adam Gates • Comment, Workplace
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