Search Results for: office

Commercial property giant acquires controlling stake in London based flexible office provider

Commercial property giant acquires controlling stake in London based flexible office provider 0

by • Company news, Flexible working, Property

While we should never read too much into a single piece of business, the news that one of the world’s largest property investors is buying a young and still growing British flexible office provider is surely a sign of things to come. As Blackstone, a private equity giant with £140 billion of real estate assets worldwide acquires a controlling stake in The Office Group for £500 million, we must view the deal in the context of a market in which the most dynamic players are WeWork and its contemporaries. The Office Group has grown from seven buildings to thirty-six since it was founded in 2003 and provides flexible office and coworking space to start-ups, freelancers, small businesses and increasingly, corporates such as Facebook, Dropbox and British Gas.

Technology that creates a virtual office is biggest catalyst of change in the workplace

Technology that creates a virtual office is biggest catalyst of change in the workplace 0

by • Facilities management, Flexible working, News, Technology, Workplace, Workplace design

Companies are increasingly using sophisticated technology offerings as a way to attract and retain talent, as faced with a competitive hiring environment, and rising occupancy costs they must create a user experience that makes employees more efficient and effective and the office the preferred place to work. This is according to CBRE Research’s latest Global Prime Office Occupancy Costs report (registration needed) which found – not uniquely – that technology is the biggest catalyst of change in the workplace today, as mobile devices, virtual networks, videoconferencing and cloud storage create a seamless transition from the physical workplace of the 20th century to the virtual workplace of the 21st century. This technology is also being used by occupiers to understand and manage their occupancy patterns in sophisticated ways and create an environment that maximises employee efficiency.

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Office temperature is most likely source of conflict at work

Office temperature is most likely source of conflict at work 0

by • Facilities management, News, Wellbeing, Workplace design

Nearly half of office workers (47 percent) cited differences over the office temperature as the aspect of their working environment that causes the most frustration in the workplace, according to a survey of 1,371 working UK adults by Emo Oil. 57 percent consider their office too hot, whilst 43 percent believe the opposite that the office temperature is in fact far too cold for working conditions, which just goes to show what a contentious issue it is. 63 percent state that the temperature affects their productivity in the working day. And as many as 1 in 6 (17 percent), even admitted to having asked their manager to work from home, due to being unhappy with the temperature in their working environment.

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FIS publishes new guide to office fit out

FIS publishes new guide to office fit out 0

by • News, Workplace design

The Finishes and Interiors Sector (FIS) trade association has published a new guide to help occupiers and others apply best practice in the creation of an office fit-out. The publication, A Client’s Guide: Office Fit-Out and Refurbishment, was launched at this year’s Clerkenwell Design Week and is available free to read or download. They do want your email details however. Image: Claremont

Research into office lighting reveals negative impact of poorly-lit workplaces

Research into office lighting reveals negative impact of poorly-lit workplaces 0

by • Facilities management, Lighting, Wellbeing, Workplace design

Issues with the quality of their workplace lighting frustrate the majority (83 percent) of UK office workers; while 80 percent experience negative symptoms due to poor lighting a new study suggests. The survey by Lutron Electronics focused on key areas including the impact of lighting on mood and wellbeing and whether workers had personal control of their lights or were subject to standard lighting control settings across the office. Understandably, 88 percent of UK respondents said that their office lighting is important or very important and one third (32 percent) stated that their existing workplace lighting aids them in the accuracy and visibility of their work. In addition, 27 percent believe it allows them to focus more while 25 percent said it increases their general wellbeing. However, 35 percent of overall respondents said their existing office lighting does not have any positive impact on them at work. This figure is even higher (44 percent) among those in large companies with more than 5,000 employees and amongst the most senior generation (55+), where it reached more than half (51 percent).

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Brexit uncertainty fails to impact London office demand, as occupiers push ahead with relocations

Brexit uncertainty fails to impact London office demand, as occupiers push ahead with relocations 0

by • News, Property

Since the announcement in June last year that Britain would be leaving the EU as a result of Brexit, there has been a widespread assumption that occupier demand, and hence wider market confidence in the commercial property market, would be knocked. Yet that does not seem to be the case, according to a study by real estate  advisers Knight Frank, who have tracked financial and TMT requirements over the last 12 months, and compared them to key years in the property cycle. The study claims  that the property market has mirrored the wider  UK economy, which has proved resilient following the vote to leave the EU. Firms have reported a shortage of skilled workers across a range of industries including IT, accountancy and engineering. Demand for staff is growing within all sectors and all regions of the UK, but there are fewer and fewer people available to fill the vacancies. A survey of UK CEO’s conducted by PWC at the start of the year reported that six in every ten respondents expected an increase in company headcount during the course of the year. Furthermore, a number of large international firms have acquired new offices, and many companies expanded across Central London including Expedia, WeWork, HSBC Digital and Zoopla.

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Third of office workers in the UK not taking the required amount of exercise

Third of office workers in the UK not taking the required amount of exercise 0

by • Facilities management, News, Wellbeing, Workplace

Third of office workers in the UK not taking the required amount of exercise

A third (35 percent) of UK office workers fail to get the National Health Service recommended exercise quota of 150 minutes per week,  a new survey commissioned by Pure Gym to mark Global Employee Health and Fitness Month (GEHFM), has revealed. According to the NHS website, it’s advised that adults between the ages of 19-64 should take part in at least two and a half hours of moderate exercise each week. However, approximately one in three office employees in the UK are currently falling short of these guidelines, with just over two thirds (73 percent) citing work pressures as a key contributing factor to this deficit. Top reasons noted for this lack of activity include, stress at work (17 percent), long commuting hours (15 percent) and insufficient lunch breaks (14 percent), with over a third (38 percent) of office workers attributing their exercise short fall to work related tiredness and fatigue.

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British Council for Offices launches competition to imagine the office of 2035

British Council for Offices launches competition to imagine the office of 2035 0

by • News, Property, Workplace design

Participants in a new competition to define the ‘office of the future’ will be asked to consider ‘what it will look like, and how it will support the way we will work’ by the British Council for Offices (BCO). The free-to-enter competition is seeking ‘forward-thinking and innovative responses, challenging the conventionalities of today’s workplaces and anticipating future needs’. The BCO hopes that the NextGen programme will allow it to ‘mentor the next generation of professionals – designers, agents, developers, consultants and others – and provides a platform for emerging talent to share their ideas’. The announcement cites social, economic, cultural and technological factors as the main agents of change, leading to changes in the expectations of employers and workers. It suggests that ‘ubiquitous and instantaneous technology; a growing interest in health and wellbeing; a greater desire for organisational flexibility; and an increased awareness of individual’s needs are now all competing factors within the workplace’.

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People who work from home more likely to sustain injuries than those based in offices

People who work from home more likely to sustain injuries than those based in offices 0

by • Flexible working, News, Wellbeing, Workplace

work from home

Today is National Work from Home Day, held to promote the benefits of home working, which includes having more time to take exercise and eating more healthily; but new research suggests home workers might risk doing more harm than good if too little attention is paid to ergonomics. The data from Bupa found that over half of those who work from home (51 percent) have sustained injuries, aches and pains as a result of their working environment with the most common being backache and neck pain, which is 10 per cent more likely than those working in a ‘traditional’ workplace. Not having the right work set-up at home could be the cause, as one in four (25 percent) home-workers do not have a dedicated workspace at home, half (50 percent) of admit to hunching over while working and 40 per cent regularly work from their bed or sofa. All of these factors increase the risk of musculoskeletal injury, with the most common problems being backache (24 percent) and neck-ache (20 percent).

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Sickness causing germs at the office desk mainly due to poor personal hygiene

Sickness causing germs at the office desk mainly due to poor personal hygiene 0

by • Facilities management, News, Wellbeing, Workplace

The number of sick days taken by office workers could be reduced if companies implemented a better cleaning routine and staff improved their personal hygiene, finds a new academic study. The workplace is ranked as one of the unhealthiest places you’re likely to inhabit on a daily basis, says Dr Lisa Ackerley, hygiene expert and visiting professor at the University of Salford, whose study revealed that the main cause of germs at the desk and keyboard is poor personal hygiene, with nearly 50 percent of office workers responding to her survey admitting they do not wash their hands after going to the toilet. Your hands and the surfaces you touch, including your office chair are germ motorways, she warns. Crumbs and spills encourage the growth of bacteria that can lead to stomach bugs, coughs, flu and even food poisoning. Bacteria and viruses that people bring back from the toilet multiply on the hard work surfaces of the desk and chair and remain infectious for 24 hours. (more…)

Quarter of UK workers would move jobs for office with a better mobile signal

Quarter of UK workers would move jobs for office with a better mobile signal 0

by • Facilities management, News, Technology, Workplace

One in four (25 percent) of British office workers say they would consider moving jobs (or have already moved) due to a lack of mobile coverage in their building, claims new research from Arqiva, which highlights the worrying extent of the UK’s struggle for adequate indoor mobile coverage and its potential impact to businesses in the future. The survey, conducted among 1,000 UK office workers, revealed that as many as 1 in 2 (49 percent) respondents have experienced poor mobile coverage (i.e. dropped calls or a lack of signal) within their office building. Of those, almost three quarters (72 percent) say this is an occurrence that happens every week, and a quarter (25 percent) say it is something they face daily.

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A nuanced approach to the design of the coworking office

A nuanced approach to the design of the coworking office 0

by • Comment, Flexible working, Workplace design

coworking spaceThe coworking segment of the real estate business is poised for exponential growth in the coming years, as the number of market players around the world today continues to increase. With humble beginnings in an economic recession, the shared workspace trend has captivated both the start-up entrepreneur and the remote corporate worker, alike. This success is due, in large part, to the fact that the coworking model provides an opportunity for a wealth of amenities that go far beyond the traditional office’s standard desk space. These shared, multi-functional facilities are carefully designed to be both vibrant and personable, with endless opportunities for community collaboration and innovation.

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