Search Results for: office

March 18, 2015

Increasing adoption of serviced offices within the corporate sector

by Sara Bean • Facilities management, Flexible working, News

Serviced offices have been viewed as the preserve of start-up businesses, rather than as a solution to the workspace needs of companies. However, with the growth in popularity of cluster and co-working spaces, that is changing. New research, admittedly by a global broker of serviced office space, Instant Offices, indicates the increasing acceptance of serviced office solutions within the corporate sector, ranging from SMEs through to FTSE 100 / Fortune 500 companies. Alongside that, the cost of desk space in serviced offices has grown by double figures across the UK in the past year, rising by 3.6 percent, in addition to an 11.4 percent increase in desk rates. Growth in the number of such spaces across Central London was as high as 17 percent in Southbank and 11 percent in the West End during 2014.

March 13, 2015

It’s worth exploring alternative forms of finance for office fit out

by Mark Eltringham • Comment, Facilities management, Workplace design

You can’t help but notice that there has been a shift in recent years for us to become the consumers of things we were once obliged or wanted to own. We watch films on Netflix, listen to music on Spotify and share cars with strangers through BlaBlaCar. As both individuals and businesses we rent software rather than own it and in the growth of serviced offices and co-working spaces we see the same forces at work. The attractions of this approach are obvious, not least in keeping down the costs of things we may not want to keep in the long term and leaving ourselves free to make different choices in the light of rapidly changing circumstances. So it’s no surprise that economic uncertainty is just one factor that has driven an increase in asset financing at the same time that we have seen a permanent change in spending patterns.

March 13, 2015

Employers warned of new office malady: ‘Invisible Employee Syndrome’

by Sara Bean • Flexible working, News, Workplace

While some workers might be happy to stay under the workplace radar, this lack of engagement does not benefit their employers. Now firms are being warned of a previously unrecognised malaise, Invisible Employee Syndrome, which occurs when employees ‘go dark’, disappear off the performance and talent radar, and intentionally or unintentionally become invisible to their employer. The survey cites a range of contributory factors, including inadequate engagement, poor communications, a lack of insights and broken HR processes and systems. The joint survey from HRMS provider Fairsail and HR Grapevine showed that 78 percent of respondents felt employees were poorly engaged. Many UK organisations are suffering from this ailment, which the research suggests is reducing productivity, sapping innovation, undermining competitiveness and fueling attrition.

March 6, 2015

Best performing office buildings included in the annual BREEAM awards

by Sara Bean • Environment, Facilities management, News, Workplace design

A Grade A listed building at London’s King’s Cross; a former industrial warehouse complex in London’s Clerkenwell and an office building off Paris’ Champs-Elysées were among the award winners for best performing buildings assessed under sustainable buildings standard BREEAM. Over 50 green projects from across Europe were shortlisted with eight awards going to UK-based projects and four others shared equally between France and Norway. Winner of ‘offices new construction’ is One Pancras Square, a Grade A office building based at the gateway to the King’s Cross development. ‘Offices in use’ winner Washington Plaza is a 47,097 sq.m office building, at 42 rue Washington 75008 Paris. ‘Offices refurbishment and fit-out’ winner Morelands sits at the junction of Old Street and Goswell in London’s Clerkenwell area and comprises a cluster of warehouse buildings built around a U-shaped courtyard.

March 5, 2015

The financial services sector leads the way in how we think about office design

by Charles Marks • Comment, Facilities management, Workplace design

The office as we know it may continue to change, but that doesn’t mean its vital role at the heart of the organisation will diminish. The recent downturn meant some tough decisions had to be taken by many companies. It certainly focussed more attention on the way firms design and manage their workplace, based on a clear understanding of their economics. It is one of the most commonly cited truisms about office design that after staff, buildings are easily the second highest item of expenditure for the majority of organisations. The conclusion often drawn from this is that there is a compulsion to reduce space through new working practices or more efficient office design and management. Which may be true but the challenge is to take advantage of these opportunities without adversely affecting the company’s most expensive and valuable asset; its staff.

February 18, 2015

Record uptake of London office space continues…but at a price

by Mark Eltringham • News, Property, Technology

Take up of leased office space in London has hit its highest level since 2000, claims a new report from BNP Paribas Real Estate. The recorded level of 4.49 million sq. ft. during the final quarter of 2014 was driven by serviced office operators and occupiers in the technology, media and telecoms sectors. TMT firms accounted for just under a third (31 percent) of the market in Q4 and 24 percent for the whole year. However the market is still characterised by a mismatch of supply and demand which means not only low vacancy rates in key business districts but also sustained upward pressure on rents. The average office rent per square metre in the City of London has risen by 17 per cent from £560 to £655. In the prime parts of the West End rents have jumped 8 percent over the year to £1092 per square metre.

February 18, 2015

£16.5m deal for office development at Moorgate Crossrail station confirmed

by Sara Bean • Cities, Company news, News, Property

Land Securities has confirmed it has bought the leasehold to the 1.9 acre site located at the western entrance to the Liverpool Street Crossrail station for £16.5 million. Plans for the site, at 21 Moorfields, EC2, which currently comprises vacated 1970s offices and a Transport for London (TfL) worksite, include two new buildings totalling approximately 500,000 sq ft of predominantly office space, with some retail at ground level and a public realm. The two proposed buildings will provide direct access to the underground and the new Moorgate Crossrail station below – due for completion in 2018. Land Securities entered into a conditional agreement to acquire the site in December 2012 and has since negotiated to own the site on two separate 250 year leases, with TfL having the option of participating in the development.

February 17, 2015

Why would you want a Google office when you can create your own?

by Maciej Markowski • Comment, Facilities management, Flexible working, News, Workplace design

Google has dramatically shaken up the world of the Internet and also changed the face of the traditional office environment forever. Nothing has ever been the same, since the ubiquitous four-colour logo first appeared on the worldwide web. Everything that Google does creates a ripple in the business world. Whether it’s giving employees 20% of their time to focus on their own projects, allowing them to form teams to peruse the idea of their choice or installing slides instead of stairs many are asking “should we also be doing that?” And it’s not surprising. All companies want to be successful and there’s no better success story around than Google. So let’s try and model ourselves on or imitate Google, right? I have lost count of how many times I’ve heard “could we have an office a bit more like Google?”

February 9, 2015

The open plan remains an important office design element

by Paul Goodchild • Comment, Facilities management, Workplace design

For half a century the default office design model in large parts of the world has been the open plan. Even though that continues to be the case, a growing number of voices are questioning this hegemony and suggesting there may be better ways of designing offices that balance the advantages of the open plan while eliminating or mitigating drawbacks. On the face of it, the case for working in open plan offices is clear cut. Not only are they believed to be more conducive to collaborative work, open plan workstations take up around half the space of cellular offices. As well as taking up less space, a crucial consideration is that fit-out costs are typically around 25 per cent lower, even in eye wateringly expensive commercial property hotspots such as London.

February 4, 2015

Flexible workers returning to the office to re-engage with employers

by Mark Eltringham • Flexible working, News, Workplace, Workplace design

Research by office furniture maker Steelcase claims to show that the cost of disengaged employees is having a major impact on the performance of businesses. As a result many are now encouraging staff to spend more time in the office and working alongside colleagues as a way of re-engaging them. The report claims that in the UK only 83 percent of employees say they are disengaged at work with just 17 percent claiming to be actively engaged, compared to 30 percent in the US. This level of disengagement should be of serious concern for organisations, according to Catherine Gall, Director, Design Alliances for Steelcase.”Speaking at the HR Directors summit in Birmingham this week, she said: “The impact of employee engagement – or the lack of it – cannot be underestimated. It is a global issue and is affecting a wide range of companies.”

January 30, 2015

British workers suffer in silence in noisy office environments

by Mark Eltringham • News, Workplace design

New research from Avanta Serviced Office Group claims that noise in the office environment is severely damaging the productivity of British businesses. The study of more than 1,000 UK office workers found that although over 80 percent of employees claim to being regularly distracted by noise in the workplace, fewer than half complain about it. Instead around a third admit they simply take themselves somewhere quieter such as their homes or a cafe or library. The study also identifies the distractions that bother people the most, most deriving directly from their colleagues including overheard conversations, ringtones, loud eating habits, whistling, music and even people talking to themselves. Compared to these human sources, the racket generated by inanimate objects features low down the list of irritants.

January 28, 2015

How well designed office hives can foster swarm intelligence

by Lee Parsons • Comment, Facilities management, Workplace design

A beehive in your back-garden is hardly ideal, nor is stumbling across an ants’ nest while searching for a picnic spot. However, these swarms have become the inspiration for a revolutionary new way of working. Swarm intelligence describes how a group of people find effective solutions to difficult problems and their ability to adapt automatically to changing environments and work as a team of equals. To get the full benefits of swarm intelligence, we need to make sure that our offices have areas where staff can collaborate. There can be no rigid structures or process chains that ideas have to go through. The flow of knowledge shouldn’t be restricted. It should be allowed to flood through our businesses and offices and take no account of whether the people sharing knowledge, ideas and opinions have been with a company for five days or five years.