May 24, 2015
More intensive space use is helping to drive down office costs worldwide
Office costs are falling worldwide, in part because occupiers are using space more intensively, according to the latest Office Thermometer report from commercial property firm DTZ. The report found that the West End of London has comfortably retained its position as the world’s most expensive location. The average annual cost of a workstation in the area is $29,000 (about £19,000), fully a third higher than second placed New York. The report found that office costs continue to fall significantly in most regions, nearly 4 percent overall on average, although there were increases in fast growing local markets, especially in the Middle East. According to the study, more intensive use of office space by occupiers, an appreciating US dollar, weak economic growth in Europe and significant new supply in emerging markets have combined to cut costs worldwide.
























May 25, 2015
Clerkenwell Design Week explores the links between design and the individual
by Mark Eltringham • Comment, Events, Flooring, Furniture, Workplace design
For a show with such an international perspective there are many aspects of Clerkenwell Design Week that mark it out as a typically British event. There’s the weather, of course, which can vary from day to day between drizzle and bright sunshine, marking the difference between visitors dodging showers and huddling in showrooms or spilling out onto the pavements to drink beer and talk turkey. Then there’s the very idea of Clerkenwell itself, a district in East London historically associated with the arts and crafts movements, dodgy dealings, immigrant artisans and labourers and the sort of denuded former glories that those with the right mindset like to appropriate and reinvent. London may exist as a City State within the UK, but it also provides the beating heart for many nationwide industries. For the UK office interiors industry that heart can be found in Clerkenwell.
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