Search Results for: office

Canada leads the way in worldwide surge in adoption of green buildings

Canada leads the way in worldwide surge in adoption of green buildings

Major metropolitan office markets across the globe are seeing a significant increase in the adoption of green building certification programmes, according to the inaugural International Green Building Adoption Index (IGBAI) – a study by CBRE and Maastricht University. The study reports that 18.6 percent of space in 10 markets across Australia, Canada and Europe is now certified green versus just 6.4 percent in 2007. Canadian cities set the pace, with 51.6 percent of the space in Vancouver (pictured) and 51.0 percent in Toronto holding green certifications. This is particularly notable for Vancouver, as the city has a formal initiative and action plan – “Greenest City 2020” – toward becoming the greenest city in the world by 2020. In Vancouver and Toronto, green buildings trends will continue to drive both new development and redevelopment of office product. In Vancouver, more than half of the 1.5 million-square feet of product under development is being built to high green certification standards, while much of Toronto’s existing class A product is undergoing intensive capital improvement projects that include upgrades aimed at earning green certifications as well.

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Report sets out business case for health and wellbeing in green buildings

Report sets out business case for health and wellbeing in green buildings

The World Green Building Council has launched a new report highlighting what it suggests are the tangible economic benefits of green buildings and the improved levels of occupant satisfaction when companies implement new health, wellbeing and productivity features in existing green structures. Doing Right by Planet and People: The Business Case for Health and Wellbeing in Green Building presents case studies of 11 facilities around the globe that have one or more green certifications including LEED, Green Star and BREEAM. The report evaluates health and wellbeing features that were integrated into the facilities, such as enhanced fresh air ventilation, acoustic privacy, increase of daylight penetration and use of biophilic design elements such as green walls and extensive indoor plants.

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Nearly half of London Law firms are already utilising AI

Nearly half of London Law firms are already utilising AI

Nearly half of London Law firms are already utilising AIThere have already been warnings from workplace experts that the legal profession isn’t one to choose for those starting out on their careers as it’s ripe for automation, and a new survey claims these changes are happening fast. According to a survey of over a 100 law firms by CBRE, nearly half (48 percent) are already utilising Artificial Intelligence (AI) and a further 41 percent have imminent plans to do so. Of the firms already employing AI, 63 percent of firms are using it for legal document generation and review, and the same proportion for e-discovery. Due diligence (47 percent) and research (42 percent) were also common applications, along with compliance and administrative legal support (each 32 percent). The use of AI will affect employment levels, with the greatest impact predicted at the junior and support levels, where nearly half (45 percent) of firms believing that there will be a reduction in headcount. In contrast, only 7 percent of firms believe that senior headcount levels will be reduced.

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UK companies lag in offering flexible and remote working, claims report

UK companies lag in offering flexible and remote working, claims report

The UK lags behind in the shift to flexible and remote working, putting more emphasis on effective meetings to coordinate scattered teams, according to a new report, The Modern Workplace 2018: People, Places & Technology (registration required) from workplace software company Condeco. Across the world, the study of 500 organisations in six countries claims, workers are in the midst of a shift to flexible and remote working – spending more time working from home, on the move or from multiple locations. However, the UK is significantly behind in embracing these trends, which could negatively affect worker satisfaction as well as holding back firms who are competing for the best international staff.

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Poor mobile connectivity in the workplace is undermining UK productivity

Poor mobile connectivity in the workplace is undermining UK productivity

Mobile connectivity in workplaces all around the UK is inadequate and is holding back the country’s productivity, claims a new report from telecomms provider CommScope.  In the poll of 2,000 British office workers almost half (44 per cent) said they need to step outside to make a phone call, or access 4G services on their mobile devices. The same report claims that 77 per cent of respondents see mobile coverage as ‘important’ for being able to complete tasks, and being productive, in general. There are also differences in connectivity, depending where you are located. London, Yorkshire and West Midlands have a relatively stable 4G connectivity, compared to the likes of North East or Wales.

Small changes could save UK businesses millions on wasted energy

Small changes could save UK businesses millions on wasted energy

commercial property innovationThe UK’s 5.7 million businesses are spending £29.1 billion on energy every year, and could be making significant reductions in its cost according to a study by printerland.co.uk. With Earth Day this Sunday, (April 22) the research claims that tiny tweaks to workplace routines could make a positive impact on the environment, whilst slashing companies’ electricity bills.

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Number of skyscrapers under construction in London tops 500 for first time

Number of skyscrapers under construction in London tops 500 for first time

The number of skyscrapers being built in London has exceeded 500 for the first time, raising fears of further damage to the capital’s skyline. There are 510 towers of more than 20 storeys under construction or in the planning process, more than ever before. That is a rise of 12 per cent on a year ago, according to the annual report by GL Hearn, the property consultancy, and think tank New London Architecture. A record 115 towers are already under construction, up from 91 in 2016, but the number of applications is down by 10 per cent, according to the study.

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Getting meeting room management and room booking software right

Getting meeting room management and room booking software right

Meetings and booking of conference rooms and resources are an essential part of any business and unless you have a system to effectively manage and optimise these processes, organising a meeting can be overwhelming and time-consuming. According to a study made by thinkgrowth.org the average employee spends about five hours in meetings per week and four hours preparing for these meetings. The numbers are not decreasing. In fact, meeting frequency is increasing each year and it is clear that business meetings aren’t going away anytime soon.

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Majority of staff say employers must do more to support their physical and mental wellbeing

Majority of staff say employers must do more to support their physical and mental wellbeing

Majority of staff say employers should do more to support physical and mental wellbeingMore than half of working adults believe that UK businesses are not doing enough to support the physical and mental wellbeing of their employees. The vast majority (86 percent) believe that firms are specifically not doing enough to help employees deal with work-related stress, anxiety and other mental health issues. And with seven out of 10 of those surveyed by Westfield Health saying that the NHS does not have the budget to provide wellbeing services, such as health check-ups and cognitive behavioural therapy, almost three quarters agreed it would be a good idea for a portion of their National Insurance contributions to be redirected towards employee wellbeing programmes. (more…)

Robots will lead to increased productivity without stealing jobs, but wages will fall

Robots will lead to increased productivity without stealing jobs, but wages will fall

AI will take time to lead to higher productivity but it may also depress wagesRobots will not as feared steal people’s jobs and will eventually improve productivity, but they will undercut workers’ contribution sufficiently to depress their wages. According to the third report in Barclays Impact Series, titled Robots at the gate: Humans and technology at work, technology is fundamentally re-shaping the nature of work, and the implications of this re-shaping process will accelerate in coming decades. The report authored by Barclays’ Research team and supported by the Barclays Social Innovation Facility sets today’s technological advancements in the context of historical precedent and argues that robotics and Artificial Intelligence do not portend a jobless future. However, these new technologies have important macroeconomic consequences, such as wage disinflation, which will likely continue in the years or even decades to come. The report also argues that productivity spurts lag behind technological leaps, as it can take years or even decades for an economy to figure out how to best use a new technology. Eventually, economies of scale are reached, consumer behaviour adapts, companies refine their business models and productivity growth finally kicks in. (more…)

Local authorities spend £3.8bn on commercial property in last five years

Local authorities spend £3.8bn on commercial property in last five years

Local authorities have invested around £3.8 bn in commercial property over the last five years, a new study claims. The report (registration required) from property consultancy Carter Jonas and Revo claims that of the £3.8 bn invested, nearly half was spent on the acquisition of office space. It found that Spelthorne Borough Council in Surrey (pictured)  was the largest local authority investor committing £477.1 m to assets within its domain. This is more than double its nearest rival Warrington Borough Council (£219.5 m) and is largely down to the purchase of BP’s International Centre for Business & Technology in Sunbury for £360 m.

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Poor company culture is costing the UK economy £23.6 billion per year

Poor company culture is costing the UK economy £23.6 billion per year

A new report claims that a third of people (34 percent) who leave their job, do so because of perceived poor company culture. The report, authored by breatheHR claims the associated cost of bad company culture is around £23.6 billion per year. The survey of 2,500 people analysed in The Culture Economy, also suggests that well over half of SME leaders (60 percent) consider company culture as a ‘nice to have’ in their business.This mindset has a number of knock-on effects. According to the Chartered Management Institute, effective leadership could improve Britain’s productivity by 23 percent. However, with over half (53 percent) of employees surveyed who distrust their senior management, thinking their bosses ‘didn’t appear to know what they were doing’, there is some work to be done.

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