Search Results for: opportunities

April 25, 2014

RICS claims UK is enjoying construction growth at fastest rate for 20 years

Construction workloads in the UK are growing at their fastest rate for twenty years, according to the latest quarterly survey from the Royal Institute of Chartered Surveyors (RICS). The report claims that while this is welcome news, it is causing pressure in the construction market in terms of skills shortages which are starting to put the brakes on further growth and leading to reports that contractors are even turning down projects. This appears to be a particular issue in the South East of England where the report claims there are unmistakeable signs the market is overheating. The survey found the balance of firms reporting workload growth in the first quarter of this year reached +43, the highest figure since the survey began in 1994, with consistent growth seen in the private housing, commercial and industrial sectors in every part of the UK.

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April 14, 2014

New BIM guidance published for operational phase of a building

by Sara Bean • Facilities management, News, Property

Guidance on the use of BIM (Building Information Modelling) in the operational phase of a building has been issued by the business standards Institution (BSI). PAS 1192-3, Specification for information management for the operational phase of assets using building information modelling (BIM) is a companion document to PAS 1192-2, which specified an information management process to support building information modelling (BIM) Level 2 in the capital/delivery phase of projects. In contrast, PAS 1192-3 focuses on the operational phase of assets irrespective of whether these were commissioned, acquired through transfer of ownership or are part of an existing asset portfolio. The new specification recognizes that the cost of operating and maintaining buildings and facilities can represent up to 85 per cent of the whole-life cost and savings can pay back any upfront premium in construction expenses in a few years. (more…)

April 11, 2014

Allied London announces plans for development of former Granada site

by Mark Eltringham • News, Property

Property Developer Allied London has announced plans to transform part of the former Granada Studios site in Manchester into a new media hub when it takes control of the building in June. The new building is to be branded Hello House and will offer workspace specifically aimed at media and PR companies, including startups and SMEs as well as established businesses. Not only has the site already enjoyed a long associated with one of the UK’s most famous and well-established media firms, it is also be able to take advantage of Manchester’s growing reputation as one of the country’s most important media and tech locations. The revamped space will include a rooftop media bar and facilities to encourage tenants to work together and develop new joint opportunities. Allied London has already signed up its first tenants.

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April 9, 2014

Foreign investment fuels record quarter for London commercial property

by Mark Eltringham • News, Property

More London, Riverside

Foreign investment in London’s commercial property market has fuelled a record breaking start to 2014, according to a new report from Cushman & Wakefield. The influx of overseas capital dominated deals in the first quarter of the year and, in turn, drove total investment levels that exceeded £4.3 billion, three quarters of which came from abroad and was centred on East London and Docklands . The 32 deals covered in the report included the sale of the More London estate to a Kuwaiti investor for £1.7 billion and concluded the busiest quarter since 2007. According to the report, foreign investors are attracted by London’s status as a safe haven. Last month we reported how domestic investors were looking outside the capital for opportunities but the Cushman & Wakefield report now suggests that interest from domestic investors and occupiers is increasing as the UK economy improves.

April 1, 2014

Average office temperatures set too high say environmental experts

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

The publication this week of the report Climate Change 2014: Impacts, Adaptation, and Vulnerability by the UN’s science panel that argues that the world is “ill-prepared” for risks from a changing climate, but that opportunities to respond to such risks still exist, proves more than ever that the built environment can play a vital role in helping to curb global warming. The most obvious place to start is by turning down the temperature of the office, which according to researchers from Lancaster University’s DEMAND Research Centre, has become warmer in recent years. As reported by Clickgreen, the researchers from Lancaster University say the average office temperature of 22 degrees C is way too high, and by simply turning down the thermostat and asking occupants to don another layer could do much to address global warming. (more…)

March 25, 2014

Employers welcome an age-diverse workforce, but need to be prepared

by Sara Bean • Flexible working, News, Workplace

A recent report by the UKCES that predicted that the workplace of the future will see four generations of employees working side by side is being welcomed, rather than feared by employers, but they need to begin planning for the future now, or risk a skills shortage and being at a competitive disadvantage. The revelation that by 2030 four-generation or “4G” workplaces – will become increasingly common as people delay retiring, even into their 80s, prompted UKCES Commissioner Toby Peyton-Jones to ask whether this emerging multi-generational workplace would spell stress and culture clashes or create positive tension leading to innovation. Now a new study, Managing an age-diverse workforce, from the CIPD, shows that employers and employees see clear benefits from an increasingly age diverse workforce but need to do more to take full advantage. (more…)

March 21, 2014

Why work should be a key focus in improving our happiness

by Jessica Pryce-Jones • Comment, Flexible working, Workplace

The iOpener Institute for People & Performance is an official partner of the UN International Day of Happiness, which took place this week. Here, iOpener’s Joint CEOs Jessica Pryce-Jones & Julia Lindsay explain why work should be a key focus of improving happiness. The UN International Day of Happiness is designed to recognize that ‘progress’ is about increasing human happiness and wellbeing as well as growing the economy. The UN’s focus this year is on ‘reclaiming happiness’. The origins of the day lie in the July 2011 UN General Assembly resolution which recognized happiness as a fundamental human goal. In April 2012 the first ever UN conference on Happiness took place. On the back of this, they designated 20th March as an annual worldwide focus on celebrating and growing happiness. (more…)

March 20, 2014

European executives overconfident about their ability to manage change

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

There are a number of casual truisms about the modern workplace that everybody accepts to the point they become clichéd. But knowing something and knowing what to do about it can be two completely different things. While we might all agree that ‘change is a constant’ and the ‘main driver of change is technology’, both ideas are subject to the interconnected and immutable law that whatever we do is likely to be wrong to a greater or lesser degree. According to new research from the Economist Intelligence Unit, one of the main reasons for this is that organisations and business leaders are not very good at judging how responsive they are to change, make the converse misjudgements about the readiness of their competitors. In the words of the survey, they tend to see themselves as speedboats while viewing their competitors as supertankers when the reality is often the other way around.

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March 10, 2014

International Women’s Day: odds still stacked against women in the workforce

by Sara Bean • Flexible working, News, Workplace

The 110^th International Woman’s Day took place this weekend, and, aside from highlighting the continuing struggles of women across the world, comes research that reveals how in this country, the odds are still stacked against women at work. More than four in 10 (42%) women aged between 18-34 said they have personally faced a gender barrier, followed by 34 per cent of those aged between 35-54 and 26 per cent of women aged 55 and over. Of those women who have experienced inequality at work, over a third (35%) say they believe male colleagues at the same level earn more than they do. Thirty one per cent indicate they are assigned work that is below their level and are therefore unable to demonstrate their abilities, while almost one in five (19%) say that junior colleagues don’t take instructions from them, but will do from male colleagues of equal seniority. (more…)

March 10, 2014

The workplace of the future is one founded on uncertainty

by Mark Eltringham • Comment, Facilities management, Flexible working, Technology, Workplace, Workplace design

We now know for a fact that the good people at the UK Commission for Employment and Skills take heed of what they read on Workplace Insight. After Simon Heath recently eviscerated the idea of the year 2020 as a useful marker for the ‘future’, a new report from the UKCES draws its line in the sand a bit further on in 2030. It means they can’t have a ‘2020 Vision’ and for that we should be very thankful. Yet the report still falls into the same traps that are always liable to ensnare any prognosis about the workplace of the future, notably that some of the things of which they talk have happened or are happening already. Then there’s the whole messy business of deciding what will emerge from the chaos; a bit like predicting the flavour of the soup you are making when a hundred other cooks are secretly adding their own ingredients.

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March 7, 2014

UK commercial property thriving, as domestic investors shy from London

by Mark Eltringham • News, Property

Edinburgh is one city enjoying a resurgence in investment

The distinctions between the commercial property market in London and those in the rest of the UK are becoming increasingly evident, based on new data from DTZ. While the value of transactions hit a record breaking £44.7 billion last year, up nearly a third on the figures for 2012, the majority of investments into regional markets were made by domestic firms while those in London were dominated by overseas investors. Around £23 billion of the overall total was invested in property outside of the capital, a reversal of last year when more money was invested in the capital than outside it. Meanwhile foreign investors spent a total of £20bn throughout the year with the majority (£14.2 bn) invested in Central London. According to DTZ, one notable trend in the year was for UK investors to divest property in London and shift investment to other areas of the UK.

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March 3, 2014

‘Big Data’ is shaping the human experience within buildings

by Sara Bean • Environment, Facilities management, News, Technology

As the cost of implementation comes down, the same “Smart” technology that is harnessing the predictive power of “Big Data” to help solve congestion problems in cities is being more routinely deployed in buildings. The Changing Face of Smart Buildings: The Op-Ex Advantage, published by Jones Lang LaSalle, explains how bringing a Big Data analytics-based approach to facilities management can increase employee comfort, engagement and productivity; whether helping organisations adapt more readily to supporting flexible workplace practises or using sustainability as a hook for engaging employees. In one notable example; by adding smart building components to a major Empire State Building energy refit, real-time energy displays enable tenants to better monitor and control their energy consumption, and even compete with other tenants in the landmark building to achieve energy savings. (more…)