September 22, 2022

Demand for sustainable commercial property rises modestly, but supply side still falls short

by Neil Franklin • Environment, News, Property

Progress is being seen in some aspects of the built environment on the drive to be more sustainable, according to the latest annual sustainability report produced by RICS, however the rate of advancement needs to accelerate significantly and become more widespread. The 2022 RICS Sustainability Report, which collated sentiment from almost 4,000 chartered surveyor contributors, around 1200 of which are from the UK, across commercial and construction sectors globally, shows that some improvement in the push for sustainability has been made in the past year, notably in the commercial real estate sector as demand for sustainable commercial property continues to rise. More →

September 21, 2022

EDGE Valley set to transform Amsterdam business district

by Freddie Steele • Company news, Property

Real estate developer EDGE has announced the official opening of Valley, the high-rise designed by MVRDV, which was recently declared the world’s best new skyscraper by the Emporis Awards. The firm claims that the addition to Amsterdam’s business district will mark a shift in thinking for urban development as a whole, transforming the Zuidas district into a vibrant and lively urban quarter. The fully leased 75.000-square-meter development, was officially opened in the presence of Reinier van Dantzig, Alderman for Housing and Urban Development, Municipality of Amsterdam, the Board of RJB Group of Companies, Winy Maas, Founding Partner at MVRDV, Coen van Oostrom, Founder & CEO of EDGE and all parties involved in the project. More →

September 9, 2022

Hybrid work may be ‘here to stay’, but the office remains essential for many businesses

by Neil Franklin • Flexible working, News, Property, Workplace design

As businesses continue to evolve their workplaces to best meet the needs of their employees, JLL’s global Future of Work Survey claims that 72 percent of decision makers believe the office is critical to doing business. The research shows that over the next several years companies anticipate hybrid work to become the dominant model and will be looking across their real estate portfolios to re-think their office spaces, invest in new technology, including virtual offices, and prioritise sustainability. More →

August 31, 2022

Mindspace opens new Berlin flex office in renovated department store

by Freddie Steele • Company news

Mindspace is set to open its sixth Berlin flex office, by renovating a former department store in the heart of the city into a new space. Located at Münzstraße 12 / Max-Beer-Straße 2-4 in Berlin, near Alexanderplatz, the global flex office provider’s newest location Mindspace Münzstraße is being built across 4,100 m² and will cover over 700 workstations spanning five floors. Scheduled to open in spring 2023, the building has been part of the WertInvest Group portfolio since 2014 and combines the best inner-city location with an architecture steeped in history. More →

August 31, 2022

Central London office market take-up returns to pre-Covid levels

by Neil Franklin • News, Property

The Central London Office leasing market has seen occupiers expanding their footprint at record levels, according to the research from real estate advisor, CBRE. Following what CBRE claims was an unprecedented downturn in activity as a result of the pandemic, Central London office take-up reached 12.7m sq ft for the 12-months to the end of Q2 2022, an increase of 153 percent when compared to the same period last year and 5 percent above the ten-year average. More →

August 1, 2022

Podcast: the weak arguments in favour of offices and the problem with the future of work

by Neil Franklin • Features, Flexible working, Podcasts, Property, Technology, Wellbeing, Workplace design

Mark Eltringham the publisher of Workplace Insight and IN Magazine recently joined Caleb Parker, the founder of Bold, on his Work Bold podcast for an unscripted chat on: the future of work and how it may shape the future of commercial real estate; the reasons why anybody might ever want to go back to an office to work; the problem with weak arguments both for and against offices; and the importance of culture and flexibility rather than fixed times and places of work in determining people’s day to day experiences of work. The prompt for this conversation was the occasional discussion on social media over the past couple of years and a recent article exploring the value of weak ties. More →

July 28, 2022

Personal space is not merely an issue of hygiene, but a biological imperative

by Mark Eltringham • Comment, Wellbeing, Workplace design

The current debate about how much space we will need in the office from now on is not new. As with many of the debate’s facets, the point at which we find ourselves has long been our destination. We’re just here earlier than we might have expected. More →

July 8, 2022

Flex office space market in UK set to increase by half over next four years

by Neil Franklin • Company news, Property

Hybrid working policies are driving demand in the flexible workspace market as companies are using coworking and serviced offices at record levels. In its annual UK Market Update Report, The Instant Group’s data claims that demand for flex office space across the country is up 22 percent in the last 12 months. Cities – such as Leeds and Manchester are leading the way in this increase although there are also signs of a recovery in central London. The size of the space being taken with flex operators has also increased by 44 percent since the pandemic as larger companies incorporate more flexible workspace in their real estate portfolios. More →

June 30, 2022

The fifteen minute city will transform the way we think about workplaces

by Wybo Wijnbergen • Cities, Features, Flexible working, Property

For most of history, there have been a small number of immovable truisms that formed the nature of what work is, and how communities form around it. While individuals have long held some agency around the structure and pattern of their work, being present in a communal workplace has been a non-negotiable reality. This need to work from an office comes wed with parallel requirements to help facilitate it. Employees have been willing to strike a compromise between where they wish to live and where they want to work through commutes, with the financial and time cost and associated stress that comes along with it. More →

June 23, 2022

BCO Conference challenges the office sector to up its game

by Jo Sutherland • Features, Property

Regarded as one of the property sector’s leading events, the BCO Annual Conference saw key players from all parts of the office industry flock to Manchester – the vibrant, modern cosmopolitan powerhouse that is celebrated around the world for being the UK’s most competitive, economically productive, liveable and vibrant region. In her keynote, Joanne Roney, chief executive of Manchester City Council, said that the most demanding, challenging and important priority is climate change, closely followed by making a positive difference to the lives of the people who live and work in the city. More →

June 7, 2022

Offices remain key to hybrid working strategy, claims report

by Jayne Smith • Flexible working, News, Property

Hybrid work adoption is growing and becoming a permanent element of the future of work, according to the new Workforce Preferences Barometer report [registration] from real estate firm JLL. However, the report’s authors also conclude that, as employee expectations and reality reach an equilibrium, the continuing use of offices remains pivotal to work routines. More →

May 29, 2022

Decarbonisation of buildings key to cities hitting net zero targets

by Neil Franklin • Environment, News, Property

City governments are setting ambitious sustainability targets, often well ahead of national goals; yet plans to tackle the carbon emissions from buildings are frequently given insufficient attention. To deliver an effective plan for the decarbonisation of buildings, partnerships with landlords, investors, developers and occupiers are essential, the report claims. In a study of 32 global urban centres, Decarbonising Cities and Real Estate, JLL’s research claims that real estate’s contribution to emissions averages 60 percent, even higher in the world’s largest business centres – as much as 78 percent in London, 73 percent in Tokyo, 71 percent in Washington, DC, 70 percent in Paris and 66 percent in New York. More →