Search Results for: office

New book on the future of work argues that the office is not just surviving, but thriving

New book on the future of work argues that the office is not just surviving, but thriving

A new book from RIBA Publishing, which examines the future office, argues that despite predictions that the office is on the verge of extinction, it is not only surviving, but thriving. Digital technologies have spurred this transformation, and with it, the metamorphosis of our entire working environment. The office of today can vary from a sweeping open expanse of ergonomic, futuristic workstations, to a local coffee shop. Future Office: Next-Generation Workplace Design debates tradition, change, and the future of how we work and where.

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Over one in ten deaths linked to sedentary office life

Over one in ten deaths linked to sedentary office life

A still from the movie Ikiru in which the protagonist is sitting at a deskSedentary office life which involves sitting down for at least six hours a day contributes to tens of thousands of people dying every year and costs the NHS £700 million each year, according to a new study in the Journal of Epidemiology and Community Health. Researchers used previous analyses of the increased risks of heart disease, diabetes and cancer that have been associated with extended periods of inactivity. According to this meta-analysis, about a third of British adults spend more than six hours sedentary each day and almost 70,000 deaths a year in Britain – over one in ten of total deaths –  could be attributed in some degree to the behaviour. More →

London office market saw more investment than any other global city in 2018

London office market saw more investment than any other global city in 2018

London office market saw more investment than any other global city in 2018Alongside the uncertainty surrounding Brexit there have been many predictions that London will be particularly hard-hit by the economic fallout. However, a new analysis by savoystewart.co.uk of Knight Frank’s The London Report 2019 proposes London will continue to attract the interest of occupiers and investors alike. The research suggests that London saw greater volumes of commercial real estate investment than any other global city in 2018 – with over £16 billion of transactions. More →

Insight Promotion: K2 completes an office like no other for Bericote

Insight Promotion: K2 completes an office like no other for Bericote

When property company Bericote acquired a 4-story mews building in central London, oozing character and charm, their aim was to transform it into a workplace like few others. From their first meeting at the new building, K2 Space quickly understood that this was not going to be a typical project or workplace, and that the objective was to create something truly unique and reflective of how the Bericote team worked. More →

Area completes refurbishment of Birmingham offices for Mills & Reeve

Area completes refurbishment of Birmingham offices for Mills & Reeve

Workplace design and fit-out specialist Area, has completed a 30-week refurbishment of the Colmore Row, Birmingham offices for Mills & Reeve, one of the UK’s top law firms. With six floors in constant operation and located in a prime area of Birmingham’s business district access was tight, timescales tighter and work had to be undertaken without disruption to the day-to-day running of a major law firm. The design concept reflects the Mills & Reeve brand but is tailored to the Birmingham location, embracing the history of the area and the architectural features of the building.

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We need to change the terms of the open plan office debate

We need to change the terms of the open plan office debate

Attractive foyer in office building designed by GenslerNew workplace data from the Gensler Research Institute claims to challenge the current narrative surrounding the open plan office ‘debate’ and uncovers the right way to invest in work-focused amenities, including coworking, that result in higher employee engagement, business performance and profit. The 2019 Gensler US Workplace Survey includes the input from more than 6,000 US office workers across a variety of industries and demographics to provide new insight into not only what makes an effective workplace, but the investments companies can make to improve employees’ workplace experience and performance. Reports for the UK, Germany, Latin America and Asia are also available here.

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Offices buck downward trend for UK commercial property market

Offices buck downward trend for UK commercial property market

Capital values across UK Commercial property fell by -0.3 percent in February 2019, according to the latest CBRE Monthly Index. Rental values fell by -0.1 percent and total returns were 0.2 percent. However, for the thirteenth consecutive month the Office sector recorded positive capital values, rental values and total returns. February 2019 recorded capital value growth of 0.1 percent and total returns of 0.5 percent. Rental values increased marginally by 0.1 percent. West End & Midtown offices were the only submarket to record a fall in capital values (-0.1 percent). Outside of London, UK offices pulled up the sector average with capital value growth of 0.2 percent in February.

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London’s West End office market stays strong despite slow start to year

London’s West End office market stays strong despite slow start to year

The volume of transactions in London’s West End was down 45 percent, the lowest for January in over 10 years. This is to be expected with the continued ongoing Brexit negotiations, according to Savill’s, who expect to see a lower volume of transactions complete over the first quarter of this year. Despite this, space under offer still remains well above the long-term average, with 237,000 sq ft going under offer during the month. This held the overall total at just over 1.2m sq ft, giving a strong indication that leasing activity over the course of 2019 will remain robust. Pre-lets accounted for 42 percent of the overall sq ft let in January and there were five transactions to the Insurance & Financial sector and four to the Tech & Media sector.

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Growth of flexible working locations in London is lowering the costs of office space

Growth of flexible working locations in London is lowering the costs of office space

Growth of flexible working locations in London is lowering the costs of office spaces

There is a boom in the number of new flexible working locations opening in Central London, which has seen a growth of 42 percent year-on-year. According to the new report by Office Freedom this growth is driving ever more competitive rates and lowering the cost of all kinds of office spaces within the capital. Over the last two years, office prices in Hammersmith have fallen by 29 percent, whilst Paddington is 32 percent cheaper as a direct result of greater flexible space availability. The rates in prestigious Knightsbridge are still amongst the highest in Central London, but have dropped by 38 percent between 2014 and 2018. More →

Over half of workers admit to arguments about the office temperature

Over half of workers admit to arguments about the office temperature

Over half of workers admit to arguments about the office temperature

Almost two thirds (59 percent) of UK employees say that the office temperature is a controversial topic amongst colleagues, with over half (52 percent) admitting that it causes regular arguments. Now new research conducted by Boiler Plan highlights the extreme lengths that some office workers are willing to go to in the battle of the thermostat. More than one in seven (14.5 percent) workers have gone as far as making a formal complaint to their HR department due to the temperature in their office and almost one in eight (12.3 percent) have taken it as far as actually damaging the temperature control unit.

Female office workers are more than twice as likely to vandalise the thermostat as their male colleagues, and one in five (20 percent) women have requested a desk move because of this issue. Six percent of men say they have fallen out with a colleague and 7 percent admit to sending passive aggressive emails due to the temperature in the office.

 

Century Office begins experiment into six hour working day

Century Office begins experiment into six hour working day

Century Office will soon be commencing an experiment into a shorter working day. In collaboration with the University of Essex, Century Office will be shortening the working day down to 6.5 hours. They expect that, although it remains to be proven, that employees will become more focussed and productive as the desire for more leisure times and time for self-care, family, hobbies etc outweighs the tendency for idle chat and periods of low productivity. It is also hoped that participants will feel less anxious or tired as they have more time to pursue personal endeavours and come out of work mode.

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Belfast office sector has enjoyed its most successful year ever

Belfast office sector has enjoyed its most successful year ever

Belfast office market enjoys its most successful year ever: pic Merchant SquareThe office sector in Belfast has enjoyed its most successful year on record, with 885,023 sq ft of take-up reported across 84 transactions, more than double that was achieved last year, according to CBRE’s Offices Marketview research. Notable office deals completed in 2018 include PwC’s move to Merchant Square, Northern Ireland Civil Service to 9 Lanyon Place, Allstate to Mays Meadow, TLT to River House and Baker McKenzie to City Quays 2. According to CBRE Northern Ireland Office the local office market’s record breaking year is an indicator of the resilience of the commercial property market as well as the wider Northern Ireland economy.

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