November 22, 2018
Workers waste too much time in poorly designed offices
One in five UK workers has around two unproductive hours every week caused by poor or inadequate office and work environments, claims new research published today. Disruptive colleagues, no natural light, a lack of coffee and tea facilities and noisy offices are just a few factors cited in the report from Mace and its facilities management arm Mace Macro. Across the whole of the UK the average number of hours lost to unproductive workplaces is 2.4 hours a week, and using Office of National Statistics value of time data, this translates to a cost of £4bn in lost output every year to the UK economy. (more…)
Investment in City of London offices is up by 7.6 percent for the same period last year reaching £9.47 billion as of the end of October 2018 – while the West End market is on track to reach at least £7.4 billion before the year is out. This is up on the £7 billion turnover seen in 2017, according to Savills. Stephen Down, executive director and head of Savills Central London investment team, says: “Demand for central London offices has remained buoyant throughout 2018. While we may not see the year set any new records, annual volumes look set to either surpass or draw very close to those of 2017. 
The vast majority (97 percent) of office workers in UK feel frustrated by their workplace environments, with many feeling the need to escape office life as a result. A new report from Staples has discovered that one-in-five (22 percent) end up browsing LinkedIn job ads for something better when they’re frustrated. As a result, job-hopping is prolific, with workers now predicted to have 11.7 jobs between the ages of 18 and 48. The expectation that the grass must be greener elsewhere is leaving most thinking about switching jobs. However, when they do end up jumping ship, many just experience a short-term fix. According to the study, a third (37 percent) get frustrated in their new office before the end of their first six months. The majority of office workers say they seek fulfilment (89 percent) at work, and for most (77 percent), the quality of their office workspace is a contributing factor in how fulfilled they feel.
Workers are increasingly introducing technology devices, software and other tools into the workplace without their employer’s approval, claims a new report from NextPlane that examines the extent of this growing rift and its impact on collaboration and productivity. Nearly half of professionals (46 percent) said they or their team have introduced new technology into their workplace, and despite IT attempts to remain in control, workers are not standing down, as 53 percent said they or another team have pushed back on IT or management when they tried to dictate the technology they use.
The gig economy has helped lead to the doubling in size of the flexible office space sector since 2014 and it’s set to grow by up to 30 percent per year over the next five years claims new research published by JLL. Disruption or Distraction, a report delving into the growth of flexible office space across Europe explores the main drivers of the sector’s boom – including evolutionary changes in how, when and where people work, shifts in lifestyle, and rapid advancements in technology – and provides unique insights into the risks and rewards for both companies and real estate investors in Europe. 
One in three UK workers don’t have any form of breakout space to get away from their desk and over half (56 percent) of them don’t even have anywhere to eat lunch in their office, new research claims. The survey of UK office workers carried out by Furniture123.co.uk suggests that as a result of this 34 percent of employees say they resort to eating lunch at their desk, which they feel is having a detrimental effect on morale and productivity. Nearly three quarters (69 percent) of those surveyed felt they worked less productively as a result of not taking a break away from their desk over lunch, and almost half (47 percent) believe they would work more efficiently in the afternoons if they took a full hour for lunch. 
London’s office market continues to attract occupiers and investors, despite political and economic uncertainty JLL’s recent Central London offices seminar revealed. The event highlighted the strength of the capital’s office market where Central London has seen sustained levels of both leasing and investment activity so far in 2018 and JLL anticipates that the final numbers will match, if not exceed those recorded in 2017. Take-up of offices across Central London reached 8.3m sq ft at the end of Q3 2018, with 3.1m sq ft leased in the West End and 4.5m sq ft in the City.
