Search Results for: office

January 22, 2016

New smart working code of practice launched by BSI and Cabinet Office ⁰

by Mark Eltringham • Facilities management, Flexible working, Legal news, News, Public Sector

We’ll return to this in detail next week, but yesterday the business standards company BSI working with the Cabinet Office launched a new code of practice on Smart Working. The Smart Working Code of Practice, BSI Publicly Available Specification (PAS3000) has been designed to support organisations in implementing smart working principles. The Cabinet Office sponsors it on behalf of the Smart Working Charter Steering Group of industry, academia, institutions and other public sector bodies. According to the Cabinet Office, the code brings together best practice from across the world and across disciplines and will enable organisations to move from principles to standards and benchmark themselves against high performers in smart working. At the launch, the organisers also announced the second annual The Way We Work (TW3) Awards, a Civil Service programme recognising government teams that have created smarter ways of working.

January 20, 2016

Regional office take up in 2015 is 20 percent above the five year average ⁰

by Sara Bean • Cities, Facilities management, News, Property

The UK’s regional commercial property market has continued to improve on last year’s record levels of occupational take-up, with 9.6 million sq ft transacted in the Big Nine city centre and out-of-town markets during 2015, 20 percent above the five year average. According to Bilfinger GVA’s quarterly review of the regional office occupier markets this is the fourth consecutive annual increase in take-up and compares to an average of 6.6 million sq ft during the downturn years of 2009 to 2012. Take-up over the year was well above average in Birmingham and Manchester in both the city centre and out-of-town markets. Other markets where activity was well above average include Cardiff and Leeds city centres and the suburbs of Glasgow and Edinburgh. Fourth quarter take-up was dominated by above average activity in most city centres and a number of large deals in Edinburgh out-of-town.

January 14, 2016

Demand for offices in Paris to remain strong in the coming months ⁰

by Sara Bean • Facilities management, News, Property

Competition for office space and investment assets in Paris remains strong, on the back of healthy economic growth, with GDP in the country expected to grow by 1.1 percent this year, and a further 1.4 percent in 2016, after three years of subdued growth. Following a relatively weak performance in the first quarter of 2015, office leasing in Île-de-France recovered in the third quarter, with annual take-up forecast to again exceed 2 million sq m. Though demand remains high, rents have been left unaffected, further increasing the desirability of the market. Limited development will continue to restrict occupier activity – the development pipeline for the next two years has reduced, with much of the new stock likely to be pre-leased before completion. Heena Kerai, International Research Analyst at Knight Frank, commented: “Occupier and investor confidence will remain positive and despite stock limitations, we can expect both markets to put in a strong performance in the coming quarters.”

January 11, 2016

European office occupier take-up forecast to rise by 10 percent this year ⁰

by Sara Bean • Facilities management, News, Property

European office take-up will rise by 10 percent in 2016 with this rise in office demand expected to encourage increased development over the next 12 months, according to the Knight Frank European Commercial Property Outlook 2016. Development activity is likely to be shaped by the current polarisation of office demand, with occupier interest most strongly focused on prime city centre space, while older and less well-located offices will struggle to attract tenants. With prime commercial space in short supply in cities such as London, Paris, Dublin, Frankfurt and Madrid, occupiers seeking large centrally-located offices currently have very limited choices. However, in cities such as Amsterdam and Brussels, vacancy rates remain relatively high for Grade B offices and secondary locations, so as a result, the European commercial property market will step up the redevelopment of such properties.

January 9, 2016

What we need from work + 2016 workplace + Office design trends ⁰

by Sara Bean • Facilities management, Newsletter, Workplace, Workplace design

In the first Insight newsletter of the year; Dan Callegari outlines the seven workplace design trends 2016; Mark Eltringham describes what Shakespeare can teach us about technology and Jane Kendall-Bush explains six things all people need from their workplace. Paul Carder explores the current state of the workplace, Paul Goodchild looks at what sets us apart from the machines and Beatriz Arantes argues that neuroscience is the a great source of competitive advantage. In news, further workplace wellness investment predicted for the future; a third of people admit to feeling no workplace engagement and the latest evidence on the negative influence of overzealous emailing. Download the new issue of Work&Place and access an Insight Briefing produced in partnership with Connection, which looks at agile working in the public sector. Visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

January 8, 2016

Modern office design principles favour extroverts, study claims ⁰

by Mark Eltringham • Knowledge, News, Workplace, Workplace design

This week’s British Psychological Society Occupational Psychology Division annual conference in Nottingham has proved to be a fruitful hunting ground for insights into the nature of modern work and workplaces. The week culminates today with the presentation of a new study from business psychologists OPP which claims that personality has a big impact on the type of office environment people prefer to work in. Modern features such as shared space and open-plan floors appeal mainly to extroverted workers and made introverts uncomfortable. Over 300 people (71 per cent female and average age 47 years) completed an online survey about their current workplace. The participants had previously completed a personality test to ascertain their personality type. The results showed that many features of the modern office were more likely to be preferred by extroverts than by introverts.

December 22, 2015

How to compile your own Top Ten list of the World’s Coolest Offices

by Mark Eltringham • Comment, Facilities management, Furniture, Workplace design

The year draws to an end and making a list of what you claim are the world’s coolest offices or making claims about what makes an office cool is a great way of generating some much needed fin de siecle PR. That’s presumably why there are so many features about what constitutes a cool office. You can find them everywhere including in the Telegraph, Fortune, Esquire, Inc and Forbes. Or, like search engine Adzuna, you can openly boast about how much PR you’ve generated with your list and then do it again every year. If you want to tap into this meme, the great thing about it is that you don’t even have to know anything about or even visit the offices you deem cool enough to make your top ten. You can even choose offices from other people’s lists. All you have to do is follow a number of simple and interrelated criteria to come up with a list that is pretty much the same as all the others and say the same things about them.

December 17, 2015

Redevelopment confirmed for one of Leeds’ most prominent office buildings ⁰

by Sara Bean • Company news, News, Property

Network Rail has agreed a 150-year lease to enable redevelopment of one of Leeds’ largest and most prominent office buildings which sits above Leeds train station. The extension of the ground lease at Bruntwood’s City House in Leeds will facilitate the redevelopment of the 12-storey office building. Bruntwood obtained planning permission earlier this year to undertake an extensive refurbishment of the vacant 121,000 sq ft office building which will feature a roof garden, business lounge and meeting space. Co-working and small suites will be introduced to cater for smaller start-up businesses whilst wings of up to 4,900 sq ft and full floors of 9,630 sq ft will be available for established companies seeking more space. As owners of the freehold Network Rail has worked closely with Bruntwood over the last 12 months to bring forward plans to redevelop the property – with the revenue generated from the lease being reinvested back into the railway.

December 15, 2015

Agile working is increasingly popular way to reduce London office costs ⁰

by Sara Bean • Facilities management, Flexible working, News, Property

Rent, rates and service charges for office space in established Greater London office locations such as Croydon, Brentford and Uxbridge are typically over 50 percent lower than the cost of equivalent space in Central London locations such as Victoria, Marylebone, St Paul’s, Liverpool Street and Canary Wharf, Carter Jonas’ latest research claims. Increases in rents and business rates costs over the last five years, and the erosion of the stock of office buildings in some areas of Central London, as a consequence of redevelopment to higher value residential uses is reducing tenant choice and these factors are leading some occupiers to adopt new strategies to reduce their property footprint. Agile working and hot-desking are becoming popular ways to reduce the amount of space required to accommodate an organisation’s business operations the Tenant Advisory and Research Teams at Carter Jonas have found.

December 13, 2015

Best Places to Work + Make the most of each day + Strategic role of offices ⁰

by Sara Bean • Environment, Facilities management, Flexible working, Furniture, Newsletter, Wellbeing

In this week’s newsletter; Mark Eltringham on the prescience of philosopher Seneca on a time and a place to work; and a report by Sara Bean finds the boardroom increasingly views office space as a strategic asset. Glassdoor announces the best places to work for 2016; researchers reveal the phenomenon of ‘inattentional deafness’; a new Global Alliance for Buildings and Construction is announced; and Gartner says we’ll be using three technical devices by 2018. Over 100 councils to join an office-sharing scheme; Gen Z will blur the boundaries between home and work, and too much focus on standing in the sit-stand debate. Download the new issue of Work&Place and access an Insight Briefing, produced in partnership with Connection, which looks at agile working in the public sector. Visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

December 10, 2015

Boardroom now more likely to view offices as strategic asset, claims report ⁰

by Neil Franklin • Facilities management, News, Property

A new research paper claims to reveal changes in the way that UK companies now perceive and evaluate their commercial property portfolios – both as a physical workplace and as a strategic asset that can help them to meet corporate goals. The report, entitled Redefining Commercial Property Performance – The alignment of property and workplace with corporate objectives was written by Insight’s own Sara Bean and was commissioned by managed office solutions provider Portal. As part of the research, interviews were conducted with property professionals, workplace consultants and occupiers including RICS, Leesman UK, TD Wealth International, TSK Group, Cushman & Wakefield and Sheffield Hallam University. The findings of the paper claim to reveal the growing importance of measuring the performance and return from commercial office space and the necessity to more closely align property with corporate goals.

December 9, 2015

Offices and smart cities will drive uptake of the Internet of Things, claims report ⁰

by Mark Eltringham • Facilities management, News, Property, Technology

A new report from analysts Gartner claims that the roll out of the Internet of Things will be driven by innovation in commercial property and smart cities. The study, Internet of Things — Endpoints and Associated Services, Worldwide, 2015 claims that 1.6 billion connected things will be used by smart cities in 2016, an increase of 39 percent from 2015 (see Table 1). The authors of the report claim that smart commercial buildings, particularly those subject to Building Information Modelling technology will pioneer applications until 2017, after which consumers will become the dominant force as devices migrate to a new generation of smart homes. Commercial real estate benefits greatly from IoT implementation. IoT creates a unified view of facilities management as well as advanced service operations through the collection of data and insights from a multitude of sensors.