October 6, 2015
Commercial property markets in world cities are evolving rapidly 0
The commercial property markets in the world’s major cities are evolving against a backdrop of ongoing economic and political uncertainty, according to the new 12 Cities Report from Savills. The authors suggest that the main consequence of this since 2008 has been for investors to switch their focus from paper assets to property. This in turn has led to a number of developments in local commercial property markets including global investors looking for alternatives to the major cities within key national economies. One of the key developments is that major tech firms are now willing to spend as much on their real estate as the previously dominant financial giants. One other interesting issue raised in the report is the growing inability of people to afford to live and work in the same place, especially in cities with restrictions on the amount of space available for development.
















One of the most typical claims that suppliers in this sector make about their products is that they will make people more productive at work. Many go so far as to put numbers on what this means, and usually not just 0.4 percent or whatever but something far more. We can understand why they do this because they are seeking to link workplace productivity to whatever it is they have to sell. This is often tenuous for at least two reasons. The first is that even when such a causal link is demonstrably true, it still assumes that all other things at work are equal, whereas they never are because there are so many factors involved. That is why you will find some people cheerfully working in shabby, cluttered, underlit offices while others mope around unhappily in gilded cages with expensive chairs, soaring daylit atria and olive groves. The second is that such claims simply ignore what makes people tick.









September 24, 2015
Weighing up the pros and cons of the BREEAM environmental standard 0
by Charles Marks • Comment, Environment, Facilities management, Workplace design
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