August 31, 2022

Central London office market take-up returns to pre-Covid levels

The Central London Office leasing market has seen occupiers expanding their footprint at record levels, according to the research from real estate advisor, CBRE. Following what CBRE claims was an unprecedented downturn in activity as a result of the pandemic, Central London office take-up reached 12.7m sq ft for the 12-months to the end of Q2 2022, an increase of 153 percent when compared to the same period last year and 5 percent above the ten-year average. More →

August 16, 2022

Employees at large firms only in office for 1.5 days a week on average

by Neil Franklin • Flexible working, News, Workplace design

A global study of nearly 80 offices in 13 countries with nearly 80,000 employees has revealed a seismic shift in working pattens, with people now coming into the office an average of just 1.4 days a week, versus nearly four days a week before the Covid-19 pandemic. The Advanced Workplace Associates (AWA) Hybrid Working Index study [registration], conducted during June and July this year, found that on an average day two thirds of desks are unused and just over a quarter of people are coming into the offices, with the attendance figure dropping to just 12 percent on Fridays. More →

August 1, 2022

Podcast: the weak arguments in favour of offices and the problem with the future of work

by Neil Franklin • Features, Flexible working, Podcasts, Property, Technology, Wellbeing, Workplace design

Mark Eltringham the publisher of Workplace Insight and IN Magazine recently joined Caleb Parker, the founder of Bold, on his Work Bold podcast for an unscripted chat on: the future of work and how it may shape the future of commercial real estate; the reasons why anybody might ever want to go back to an office to work; the problem with weak arguments both for and against offices; and the importance of culture and flexibility rather than fixed times and places of work in determining people’s day to day experiences of work. The prompt for this conversation was the occasional discussion on social media over the past couple of years and a recent article exploring the value of weak ties. More →

July 21, 2022

Flex office provider Mindspace opens its first Düsseldorf location

by Neil Franklin • Company news

Mindspace is opening its first location in Düsseldorf: the flex office provider is moving into 4,100 square meters in the centrally located mixed-use commercial complex “Stilwerk” on a long-term basis. The location “Mindspace Grünstraße” will include 600 workstations overlooking an attractive atrium and will include the numerous Mindspace benefits and amenities such as meeting rooms, lounges and kitchens. Mindspace Grünstraße is scheduled to open in February 2023. More →

July 15, 2022

Ditch the compulsory fun and ping pong tables. What people really want from the office

by Neil Franklin • News

As companies try to attract employees back to the office, a new survey of 4,000 people claims to reveal that what employees really want are yoga studios, office gyms and designated quiet spaces where they can work in peace. The survey findings suggest that employees are less interested in fun and games during the work day and more hungry for perks that enhance their work-life satisfaction. More →

July 14, 2022

Rising office fit-out costs begin to hit occupiers

by Jayne Smith • News, Property

An analysis by Savills of Q2 2022 Prime Office Costs (SPOC) in global markets around the world suggests that inflation and supply chain issues are now feeding into office fit-out costs and keeping occupiers’ net effective costs high in many cities around the world. Over the past year office fit-out costs have risen an average of 6 percent across the SPOC cities that have so far reported rises says Savills, although proportionally they remain a small part of overall costs compared to rents. More →

July 12, 2022

Downing Street is no longer fit for purpose as an office

by Neil Franklin • News, Workplace design

The next Prime Minister needs to move his or her office out of 10 Downing Street and into a modern, efficient office for Government to be effective, says consultancy Advanced Workplace Associates (AWA). Presently up to 400 people work in a suit of cramped buildings across 10, 11 and 12 Downing Street, a complex first built in the 17th century as residences and not significantly updated since the 1980s. Floorplans show over 100 different rooms, including flats occupied by the Prime Minister and the Chancellor of the Exchequer and their families. The layout of the buildings has been described by Whitehall insiders as a “rabbit warren”. More →

July 8, 2022

Flex office space market in UK set to increase by half over next four years

by Neil Franklin • Company news, Property

Hybrid working policies are driving demand in the flexible workspace market as companies are using coworking and serviced offices at record levels. In its annual UK Market Update Report, The Instant Group’s data claims that demand for flex office space across the country is up 22 percent in the last 12 months. Cities – such as Leeds and Manchester are leading the way in this increase although there are also signs of a recovery in central London. The size of the space being taken with flex operators has also increased by 44 percent since the pandemic as larger companies incorporate more flexible workspace in their real estate portfolios. More →

July 4, 2022

What are the benefits of having a coffee machine in the office?

by Freddie Steele • Company news

Offering hot drinks to employees is about much more than satisfying your legal obligations. With firms across industry facing the challenge of hiring and retaining staff, you have to use every trick in the book to attract talent and keep it. Having a great quality coffee machine in the office can help with that. Roast & Ground are coffee experts who service British industry, they have seen first hand how coffee machines can positively impact an office. They have also seen several tangible benefits of having a coffee machine in the workplace. More →

June 23, 2022

BCO Conference challenges the office sector to up its game

by Jo Sutherland • Features, Property

Regarded as one of the property sector’s leading events, the BCO Annual Conference saw key players from all parts of the office industry flock to Manchester – the vibrant, modern cosmopolitan powerhouse that is celebrated around the world for being the UK’s most competitive, economically productive, liveable and vibrant region. In her keynote, Joanne Roney, chief executive of Manchester City Council, said that the most demanding, challenging and important priority is climate change, closely followed by making a positive difference to the lives of the people who live and work in the city. More →

June 20, 2022

Birmingham BT HQ shows road ahead for its offices and the city

by Mike Hills • Cities, Features, Property, Workplace design

In January of 2020, shortly before that thing happened and before we knew much about the UK Government’s ‘levelling up’ programme, Birmingham was already a city on the rise. It had recently been announced that it was to host the Commonwealth Games in 2022 and was riding the crest of a number of high-profile developments and regeneration projects, not least those that arrived on the back of the controversial high speed rail station. More →

June 10, 2022

Young people should optimise the time they spend in the office

by Gemma Dale • Features, Flexible working

During the pandemic, around 100 million people in Europe switched to working from home – nearly half of them for the first time. This shift was rapid, with employees quickly noticing the benefits of remote work. These can include freedom from commuting, more time for personal wellbeing and increased productivity. As we move on from pandemic restrictions, we’ve seen a strong, global demand for more flexible forms of working, particularly to retain an element of remote work. While some employees want to work from home permanently, most want what’s coming to be regarded as the best of both worlds: hybrid working. Only a minority of workers now want to return to the office full time. More →