Search Results for: office

Office property sector leads global real estate market in sustainability

Office property sector leads global real estate market in sustainability 0

global-sustainabilityThe global real estate market is showing signs of improvement across all areas of environmental, social and governance performance (ESG) including a 1.2 percent reduction in energy consumption, 2 percent reduction in GHG emissions and close to 1 percent reduction in water use. It is also placing greater focus on occupant health and well-being. This is according to the latest data compiled by GRESB, a benchmarking organisation for real estate companies and funds which evaluates sustainability practices in the global real estate sector. In the results for the 2016 GRESB Real Estate, Developer and Debt assessments, which analyses the sustainability performance of more than 1,100 real estate portfolios of both private equity and listed companies, Australian entities outperformed all other regions with an average score of 74, which is 14 points above the global average; and office companies and funds outperformed other property types with an average score of 66.

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Working from home just as unproductive and frustrating as working in an office

Working from home just as unproductive and frustrating as working in an office 0

working from homeIt’s always good to see academic research supporting ideas that would appear pretty obvious but go against a widely accepted narrative. So we should all welcome the results of a new study from researchers at the London School of Economics and Political Science, which found that the perceived benefits of working from home disappear over time for both employees and organisations when homeworking is a full-time arrangement. The report concludes that while previous studies have demonstrated how home workers are more productive than office-based workers, the LSE study of more than 500 employees shows that on a long term basis, there are no differences between home and office workers. The reason, according to Dr Esther Canonico from LSE’s Department of Management, the lead author of the report, is that employees no longer see home working as a discretionary benefit or a privilege when it becomes the norm in an organisation.

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Office of future + Commuting and wellbeing + Air quality 0

Insight_twitter_logo_2In this week’s Newsletter; Mark Eltringham describes what Lewis Carroll can teach us about the office of the future; we learn of the personality differences between iPhone and Android smartphone users; and disturbing news from Australia on a growing culture of presenteeism. BSRIA releases a new topic guide on indoor air quality (IAQ); a new report claims a direct link between lack of sleep and lower workplace productivity; and how fewer distractions make home the preferred place for maximum productivity. The average UK commuter adds almost 800 calories to their diet every week; staff want a more human experience at work and the Institute for Employment Studies, aims to track the effects of the UK’s vote to leave the EU. Download our new Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Only 7 percent of workers say they’re most productive working in an office

Only 7 percent of workers say they’re most productive working in an office 0

flexible workingFewer interruptions from colleagues, fewer distractions make home the preferred place for maximum productivity, claims a new study from recruitment consultancy FlexJobs. The survey of more than 3,000 respondents interested in work flexibility claims that only 7 percent of workers say the office and traditional work hours form the best time and place for optimum productivity. More than half (51 percent) of people reported that their home is their preferred place to work. Eight percent said they would choose a coffee shop, coworking space, library, or other place besides the office and another eight percent would choose the office but only outside regular hours. 26 percent go to the office during regular hours to complete important work only because it’s not an option to go elsewhere. According to the survey, around two-thirds (65 percent) of workers think they would be more productive working from home than working in a traditional workplace.

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Gender pay gap + Thomas Jefferson’s swivel chair + The creative office

Gender pay gap + Thomas Jefferson’s swivel chair + The creative office 0

Insight_twitter_logo_2In this week’s Newsletter; Mark Eltringham describes Thomas Jefferson as an early pioneer of what we now call wellness; and explains why we shouldn’t lose sight of the importance of form in our quest for function. More global organisations than ever offer parental leave rights to workers; yet research shows that the gender pay gap widens more for women with children; but a futurist predicts the UK gender gap will finally close by 2045. Birmingham reaches half a million square feet in office take-up so far this year; and managers and employees in creative sector disagree on the definition of a creative office. A study finds that people respond to stress in strikingly different ways; and evidence that multi-generational team working reaps rewards. Download our new Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Birmingham reaches over half a million sq ft office take-up so far this year

Birmingham reaches over half a million sq ft office take-up so far this year 0

Baskerville House in Centenary Square, Birmingham Birmingham is set to surpass the 1 million sq ft mark for office occupational activity this year. Following its busiest first quarter to date – office take-up in the Birmingham city core reached 217,295 sq ft in 40 deals during the second quarter. When added to the 283,697 sq ft in Q1 2016, the half year to date totals 500,992 sq ft.  According to Colliers, despite Brexit uncertainty, the level of transactional activity remained strong and was above the five-year quarterly average. While the average size of transactions was lower in comparison to this time last year, due to the much publicised HSBC lease, there were a number of significant deals. Network Rail secured 85,000 sq ft over three floors at Baskerville House in Centenary Square, bringing its three separate Birmingham offices together. However, the supply of Grade A office accommodation remains constrained as a result of continued demand for space from the occupiers, as well as the absence of the delivery of new stock before the end of 2016/early 2017.

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Managers and staff in creative sector disagree on what makes a creative office

Managers and staff in creative sector disagree on what makes a creative office 0

creative office 1According to a survey by recruitment firm The Creative Group, managers and employees in US based ad agencies don’t see eye to eye on the essential characteristics of a creative office. When asked what the ideal work environment is for on-the-job innovation, the top response among advertising and marketing executives was an open plan workplace. Employees, however, seem to prefer more private, concentrated time, with a private office being the most popular option. According to the study of 1,400 US based ad agency managers, executives and employees, over a third of managers favour open plan environments compared to just a quarter of employees. Twice as many employees as managers would also rather have a private office. Around a fifth of both groups opt for a cubicle. Perhaps the most interesting finding of the report is that just 4 percent of both groups think the best option is remote working.

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Over a third of office workers complain about poor air quality

Over a third of office workers complain about poor air quality 1

Poor air qualityAlmost 70 percent of office workers believe poor air quality in their place of work is having a negative effect on their day-to-day productivity and wellbeing, claims a survey commissioned by the Building Engineering Services Association (BESA); and a third of workers are concerned that poor air quality could be having a negative effect on their health. Opening windows is the most commonly used form of ventilation with 60 percent of workers saying it is the first thing they do if they need fresh air. However, although this is seen as a natural response, opening windows runs the risk of further polluting the working environment by letting in outdoor toxins, the survey claims. Given that we spend 90 percent of our time indoors and on average, 212 days a year at work, BESA has called on firms, managers and employees to ensure proper, effective, well maintained ventilation systems are operating in all offices across the UK.

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Economic slowdown curbs demand for office space in Dubai

Economic slowdown curbs demand for office space in Dubai 0

Dubai Internet City (DIC)There has been a reduction in demand for office space in Dubai over the past six months, as the ripple effect of the oil price collapse and the subsequent economic slowdown in the rest of the Gulf reverberates across the emirate’s commercial property market. As firms retrench staff and reconsider their future strategy in the wake of global economic challenges, decisions to acquire, expand or move office space have commonly been put on hold according to Cluttons’ latest Dubai Office Market Bulletin. This has resulted in an exaggeration of the seasonal summer slowdown throughout late Q2 and early Q3 2016. Cluttons’ research also highlights that, the general lack of rental growth is unlikely to change in the short-term. Across the market as a whole, rents are not expected to fall much further, particularly as they are at a point where they are considered to be fair market value and landlords appear unwilling to lease below a certain level.

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The traditional office is still very much alive, but it is changing

The traditional office is still very much alive, but it is changing 0

mote_articleA skim through workplace features in the media and you’d be forgiven for thinking that the traditional office is no longer with us. According to the narrative, we’re all now 20-somethings, working in open-plan warehouses, with table football, bean bags and comfy sofas to lounge on, while drinking our custom-made soya lattes. When in actual fact, while more relaxed, fun and funky offices tend to make the headlines, the majority of people still work in a relatively traditional way, with their PC or laptop, a desk and an ergonomic task chair. What’s more, with an ageing workforce, we certainly aren’t all 20-somethings, with DWP (Department of Work and Pensions) figures revealing that the employment rate for people aged 50 to 64 has risen by 14 per cent in the last 30 years, and doubled for over 65s. So designing with just the youngsters in mind simply doesn’t add up. Recent research by the Senator Group, backs up this view.

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Office workers spend half their average week working remotely

Office workers spend half their average week working remotely 0

Remote Working increasesNew research suggests that UK workers are overwhelmingly turning their back on the standard 9-5 office life with 72 percent agreeing that it’s not relevant for the 21st century. Working remotely and flexibly makes them more effective in their job said 82 percent of respondents to the TeamViewer report ‘The End of Nine-to-Five’ with 73 percent agreeing that having the ability to work flexibly makes them feel more valued and 82 percent that all employees should be offered flexible working hours without it affecting their career. With 79 percent of people rating work-life balance as more important than salary, the report suggests it is critical for businesses to ensure they are offering more than just monetary incentives, as almost half (49 percent) say that flexible working hours would be the most important factor to them when looking for a new job. According to the survey, UK office workers are already spending on average 2.5 days, half of their week, working remotely.

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Office work not as bad as smoking + New age of reason + Productivity gap

Office work not as bad as smoking + New age of reason + Productivity gap 0

Insight_twitter_logo_2In this week’s Newsletter; Mark Eltringham suggests reading the source material behind the latest sitting is the new smoking guff; and celebrates a new age of reason in workplace design. New evidence that giving employees more control over workplace design is the most important contributing factor to their wellbeing; businesses ready to embrace the workplace robot; and the UK economy still to address productivity and digital skills gaps. Third of parents struggle to find childcare across the summer holidays; retaining ‘passporting’ rights to the single market vital for the City during Brexit negotiations; rising over 50s population of workers suffer discrimination; and researchers confirm the imminent demise of the ‘nearly useless’ desk phone. Download our new Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.