Search Results for: real estate

SkyCycle. Great idea, but how realistic is it really?

by • Comment, Environment, Facilities management, Workplace

Cycling in London

 A cycle lane in the sky is a brilliant concept. The very name conjures up visual images of 21st century transport networks that HG Wells might have been proud of. But wedged above the Enfield Town to Liverpool Street line or its equivalent it seems very unlikely. So let’s assume this is an exercise in marketing, making use of good research and creative design as a means to kick start the debate about how we get to work and how we can accommodate more different and more sustainable methods of commuting. And let’s not restrict this to London either. The capital might have more obvious issues, more publicity; a larger than life Mayor; plus too many cycling fatalities, but they are problems shared across the UK.

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Crown Estate in £320m joint venture to redevelop area around Regent Street

by • Company news, News, Property

St James Market architect's impression-2

The Crown Estate, which manages the Queen’s property portfolio has announced a joint 50/50 – £320 million venture with Canadian real estate company, Oxford Properties. The Crown Estate, which will retain the freehold and take the lead role in the development says the St James’s scheme will provide 210,000 ft2 of prime office and 50,000 ft2 of flagship retail and restaurant space in two blocks located between London’s Regent Street and Haymarket. The project forms part of the Crown Estate’s ten-year investment strategy for St James’s and will transform a run-down back street service yard and taxi ‘rat-run’ with: “a fantastic new amenity for St James’s, revitalising half and acre of public realm and creating a new 10,000 ft2 pedestrian square for world-class business, shopping and dining.” (more…)

Hubflow acquires 37 Lombard Street as it expands London office portfolio

Hubflow acquires 37 Lombard Street as it expands London office portfolio

by • Company news, Flexible working, Property

Flexible workspace provider Hubflow has acquired the freehold of its 37 Lombard Street site in the City of London as part of a strategy to combine workspace operations with ownership of the properties it occupies. The company has also confirmed plans to open more than 25,000 sq ft of additional flexible workspace across two central London locations, at 60 New Broad Street and 71 Queen Victoria Street, next month. Hubflow said the acquisition of 37 Lombard Street represents the next stage of its London office expansion strategy and a move towards an owner-operator model that differs from the lease-based approach adopted by many flexible workspace providers. (more…)

How MSPs are shaping the future of the digital workplace

How MSPs are shaping the future of the digital workplace

by • Company news, Facilities management

Here’s why businesses are increasingly turning to outside experts for AI support and what to expect of the digital workplace as those experts modernize their service offerings in response.According to JLL’s 2026 Future of Work Survey, most C-suite and corporate real estate leaders now expect AI to redesign roles and grow headcount rather than reduce it. While this is likely a relief for those who previously worried about AI making their roles obsolete, it also creates new pressure on organisations to integrate AI into their operations. This pressure is increasing the demand across the board for managed service providers (MSPs). At the same time, it is increasing the scope of responsibilities modern MSPs are now expected to offer. Here’s why businesses are increasingly turning to outside experts for AI support and what to expect of the digital workplace as those experts modernize their service offerings in response. (more…)

Are we designing workplaces around evidence or assumption?

Are we designing workplaces around evidence or assumption?

by • Comment, Facilities management, Property, Workplace design

People no longer use workplaces in the same way every day, every week or every season, yet many of the decisions shaping the future of our workplaces still assume that they do.A sudden, intense summer heatwave does more than test a building’s cooling systems; it exposes just how difficult workplace management has become across Europe. During these spikes, employees rethink their commute, meeting rooms fill and empty at different times, quieter corners suddenly become more attractive places to work, and facilities teams work hard to keep buildings comfortable while managing rising energy demands. While these changes may only last a few days, they serve as a useful reminder that workplaces are far more dynamic than we often give them credit for. People no longer use offices in the same way every day, every week or every season, yet many of the decisions shaping the future of our workplaces still assume that they do. (more…)

Business leaders expect AI to expand rather than shrink workforces, JLL report claims

Business leaders expect AI to expand rather than shrink workforces, JLL report claims

by • AI, News, Workplace

Most senior business leaders expect artificial intelligence to lead to workforce growth and job redesign rather than widespread redundancies, according to new global research from commercial real estate firm JLLMost senior business leaders expect artificial intelligence to lead to workforce growth and job redesign rather than widespread redundancies, according to new global research from commercial real estate firm JLL. The company’s 2026 Future of Work Survey, based on responses from more than 2,200 C-suite executives and corporate real estate leaders across 21 countries, found that 60 percent of respondents expect their organisations to increase headcount over the coming years, while the same proportion believe AI will reinvent existing roles rather than replace them. The findings challenge what JLL says are widespread concerns about AI-driven job losses, although the report acknowledges that some roles are still expected to disappear as organisations adopt the technology. (more…)

Tales from the built environment: some reflections on the conference circuit 

Tales from the built environment: some reflections on the conference circuit 

by • Comment, Facilities management, Property, Workplace design

The built environment sector, like many other sectors, spends a great deal of time talking to itself. So what is it saying right now?The stories we tell ourselves can be powerful. They shape how we see reality, whether they’re true or not. The trouble is that the ones which endure are rarely the most helpful. Here’s a familiar story: every industry is privately convinced that its image problem is uniquely severe. This leads to a lot of navel-gazing and going round in circles. Often, however, they’re grappling with versions of the same challenge: trying to explain their value to people outside the room. I saw this play out at two recent conferences related to the built environment: the UK Real Estate Infrastructure & Investment Forum (UKREiiF) in May and IWFM Live last week. (more…)

Worst new buildings list highlights concerns over quality and value in property development

Worst new buildings list highlights concerns over quality and value in property development

by • News, Property

A satirical architecture award has drawn attention to what its organisers describe as some of the UK's most problematic recent property developments, with judges arguing that concerns about design quality are increasingly linked to broader issues around procurement, construction standards and development priorities.A satirical architecture award has drawn attention to what its organisers describe as some of the UK’s most problematic recent property developments, with judges arguing that concerns about design quality are increasingly linked to broader issues around procurement, construction standards and development priorities. The Carbuncle Cup 2026, organised by cultural magazine The Fence [subscription], named two joint winners from a shortlist of nine projects completed within the past two years. The award, which seeks to identify the country’s worst new building, was based on public nominations and assessed by a panel including former Architectural Review editor Cath Slessor. (more…)

Prime office costs continue to rise around the world, says Savills

Prime office costs continue to rise around the world, says Savills

by • News, Property

Prime office costs in major global cities continued to rise in the first quarter of 2026, driven by strong demand for high quality workspace and limited availabilityPrime office costs in major global cities continued to rise in the first quarter of 2026, driven by strong demand for high quality workspace and limited availability, according to Savills. The real estate adviser says net effective occupier costs, including rents and fit-out costs, increased by 0.7 percent globally during the quarter. That brings the annual increase to 5 percent and the rise over the past two years to 9.1 percent. Savills tracks 47 cities worldwide and found that occupier costs increased in 23 of them during the first three months of the year. Costs rose by 1 percent across EMEA, 0.7 percent in North America and 0.4 percent in Asia Pacific. (more…)

Global office fit-out costs rise as geopolitical pressure and AI reshape workplaces

Global office fit-out costs rise as geopolitical pressure and AI reshape workplaces

by • AI, News, Workplace design

The cost of fitting out office space around the world has risen by up to 6 percent over the past year, as geopolitical instability and growing technological demands combine to reshape corporate real estate strategies, according to new research from JLL. The firm’s 2026 Global Office Fit-Out Cost Guide, which analyses 68 cities, identifies a complex mix of factors behind the increase, including higher energy prices, supply chain disruption and ongoing shortages of skilled labour. (more…)

Recent events highlight a clear shift in how firms approach workplace strategy

Recent events highlight a clear shift in how firms approach workplace strategy

by • Facilities management, News, Property, Workplace design

Two recent events hosted by HubStar in London and Amsterdam suggest there has been a shift in how organisations now approach workplace strategy, with a growing focus on three core prioritiesTwo recent events hosted by HubStar in London and Amsterdam suggest there has been a shift in how organisations now approach workplace strategy, with a growing focus on three core priorities. The regular quarterly gatherings bring together senior leaders from corporate real estate, facilities management, HR, IT and workplace experience to discuss current challenges and emerging trends. Conversations at the two sessions centred on how organisations are responding to changing expectations around hybrid work and the role of the office. Organisations are increasingly focused on creating workplaces that: justify the commute; develop a clearer understanding of how space is used through better data; and adopt more flexible approaches to planning and design. (more…)

ULI Europe publishes new guide on asset-level collaboration to accelerate decarbonisation of occupied buildings

ULI Europe publishes new guide on asset-level collaboration to accelerate decarbonisation of occupied buildings

by • Environment, Facilities management, News

ULI Europe has published a new Asset Sustainability Committees Best Practice Guide through its C Change programme to support collaboration between owners, occupiers and property managers in decarbonising multi-let commercial buildingsULI Europe has published a new Asset Sustainability Committees Best Practice Guide through its C Change programme to support collaboration between owners, occupiers and property managers in the decarbonisation of multi-let commercial buildings. Across Europe, the commercial real estate sector has made significant progress in setting net zero and sustainability commitments. However, translating these ambitions into measurable action within occupied buildings remains a persistent challenge. (more…)

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