Search Results for: real estate

Employers gain nearly two weeks extra work a year from hybrid workers

Employers gain nearly two weeks extra work a year from hybrid workers

by • Flexible working, News

Analysis by  workplace consultancy Advanced Workplace Associates (AWA) claims that on average hybrid workers deliver nearly two extra weeks of work a year for their employerAnalysis by  workplace consultancy Advanced Workplace Associates (AWA) claims that on average hybrid workers deliver nearly two extra weeks of work a year for their employer as well as working harder and better in a hybrid environment.  The results of the analysis — which shows the benefits of hybrid working for organisations — are a combination of academic research and studies by AWA itself. They are included in AWA’s latest report, ‘Why Employers Benefit From Hybrid Working’, which also found that employees often work better when in a distraction-free environment, with more than half their time dedicated to working alone or focussed work. (more…)

Global prime office costs rise slightly, but flatline in London and New York

Global prime office costs rise slightly, but flatline in London and New York

by • News, Property

Prime office costs rise an average of 1.1 percent across the world’s top markets but stay level in London and New YorkSavills latest global Prime Office Costs (SPOC) analysis has revealed that pricing for prime top-tier offices around the world has largely held steady during the first quarter of 2023, with net effective costs – the ‘all in’ cost for occupiers – increasing an average of 1.1 percent. (more…)

Hybrid working is the new normal and is here to stay, report claimzzzz

Hybrid working is the new normal and is here to stay, report claimzzzz

by • Flexible working, News

Mace has published a new report into workplace trends which claims that hybrid working with a collaborative central space is (brace yourselves) the new normal for a preferred post-pandemic working styleMace has published a new report into workplace trends which claims that hybrid working with a collaborative central space is (brace yourselves) the new normal for a preferred post-pandemic working style. The Mace Operate Workplace Survey looked at the enduring role of a central office for businesses and considered what an office space needs to offer in an era of hybrid working. The majority of respondents (87 percent) said that interaction with people and workplace culture are the main benefits of going to the office with employees and employers seeing eye-to-eye on the need for collaboration for motivation, resilience and effective hybrid working. (more…)

The need for reimagination in an age of uncertainty

The need for reimagination in an age of uncertainty

by • Comment, Everything Omni

Since we are now very much in the age of uncertainty being the new certainty, with all the old playbooks out the window and no cookie cutter approach in the ways we work, since one size doesn’t fit all – what the hell do we do?Since we are now very much in the age of uncertainty being the new certainty, with all the old playbooks out the window and no cookie cutter approach in the ways we work, since one size doesn’t fit all – what the hell do we do? Curl up in a ball and die? Go into panic mode and go around shouting ‘We’re doomed! We’re doomed’ manically? Or just ostrich the problem and hope it all goes away or at least reverts back to how it was before? (more…)

The five ages of the office and the man who shaped the way we talk about them

The five ages of the office and the man who shaped the way we talk about them

by • Features, Flexible working, Workplace design

Pioneering SAS office complex in StockholmThe office has passed through five ages. The ‘coffee houses’ of the 17th century, yielded to the ‘clerical factories’ of the 19th as machines revolutionised work. After the Second World War, the ‘corporate offices’ of global corporations and William Whyte’s Organization Man dominated the scene. Following the launch of IBM’s PC in the early-1980s, we saw the rise of ‘digital offices’ in the 1990s, complete with internet, email and social media. And for the past few years we have been moving inexorably towards the latest age: ‘network offices’. Each age was shorter than its predecessor: both the digital and network ages began less than a career span ago. (more…)

“Flexible working has been introduced very inflexibly”: IN conversation with Jeremy Myerson

“Flexible working has been introduced very inflexibly”: IN conversation with Jeremy Myerson

by • Features, Flexible working, IN Magazine, Premium Content

Jeremy Myerson in conversation about his new book, an inflexible form of flexible working and a great relearningOne of the latest people to invent activity-based working is a sociologist, who combined it with the similarly familiar hub and spoke office model on her substack as a solution to the Great Office Problem and as a way of implementing flexible working. She’s not the first and is a less surprising pioneer of a decades old model than some other people who should really know better. That includes an architectural practice who came up with the idea earlier this year and whose name escapes me. (more…)

Only one in eight office occupiers think their property aligns with their business objectives

Only one in eight office occupiers think their property aligns with their business objectives

by • Facilities management, News, Property

Only around 14 percent of office occupiers believe their existing workspace portfolios align completely with their business objectives,Only around 14 percent of office occupiers believe their existing workspace portfolios align completely with their business objectives, according to a new report on the future of the office by the Urban Land Institute and The Instant Group. The ‘state of flux’ identified in the report suggests that while the office is ‘here to stay’, the sector is bracing itself for a profound shift.  Two thirds (62 percent) of office landlords expect a decrease in capital values with the current valuation model and less than 2 percent of asset owners feel they have the required capex to respond to occupier and ESG legislation-related requirements. (more…)

Office market continues to fail on environmental standards …. say landlords

Office market continues to fail on environmental standards …. say landlords

by • Environment, News, Property

A new survey that explores the state of sustainability within the UK office market, jointly commissioned by infinitSpace and The Instant Group, claims that the office market is falling behind on environmental policiesA new survey that explores the state of sustainability within the UK office market, jointly commissioned by infinitSpace and The Instant Group, claims that the office market is falling behind on environmental policies. The poll of 250 landlords suggests that almost half (47 percent) of landlords believe the office market is lagging behind other areas of the property sector in implementing/adopting environmental policies.  The same number say they can’t ‘go it alone’ with 47 percent of landlords agreeing they need help in shaping environmental policies. At the same time, 84 percent of landlords report a vacancy rate of 30 percent and above as average among their office building portfolio. (more…)

More than one in three Americans fear artificial intelligence could take their jobs

More than one in three Americans fear artificial intelligence could take their jobs

by • News, Technology

A survey of 3,000 employees across the United States has shed light on the extent to which workers are concerned about the growth of artificial intelligence (AI) and its impact on their job securityA survey of 3,000 employees across the United States has shed light on the extent to which workers are concerned about the growth of artificial intelligence (AI) and its impact on their job security. The research, carried out by FreelanceWritingJobs.com, claims that just over 1 in 3 (35 percent) Americans are worried about the possibility of AI making their professions redundant. (more…)

Workspace Design Show returns (and so do we)

Workspace Design Show returns (and so do we)

by • Events, Features, Flooring, Furniture, Lighting, Workplace design

A few of you may already know this story. It was some 15 months ago and three old friends met up for the first time in quite a while (well, we had been through lockdowns etc). Having caught up with each other’s news, the subject turned to industry journals, what the three friends felt the market was missing and the possibility of collaborating in the not too distant future. That conversation occurred at the inaugural Workspace Design Show – which the three amigos were all hugely impressed by. The result of that conversation (and a few more chats and meets, of course) is Works. So, here we are, all those months later, pulling together a preview of the 2023 edition of WDS, which – we’re delighted to say – we’re very much a part of. And we don’t just partner with any one, you know. (more…)

Issue 13 of IN Magazine celebrates ten years of workplace insight

Issue 13 of IN Magazine celebrates ten years of workplace insight

by • Environment, Facilities management, News, Premium Content, Technology, Workplace, Workplace design

The new issue of In Magazine has now been published. It marks ten years of Workplace Insight with a few things we think we know about work, working culture and work places.The new issue of In Magazine has now been published. It marks ten years of Workplace Insight with a few things we think we know about work, working culture and work places. Elsewhere in this issue: Stephanie Fitzgerald talks about the unspoken privilege of wellbeing; we consider the sprawl of the world’s megacities; Jo Knight argues that the office sector needs to really up its game on the environment; Rene Stevens makes the case for a strategic approach to learning environments; we weigh up the pros and cons of retrofit and new builds; Neil Usher sets out to develop a universally acceptable definition of hybrid working; Andy Brown on what we really need data for; why dead tech hangs around; and we do the maths on what it means when people say the office should be worth the commute it takes to get to it. (more…)

The business case for the retrofit of existing buildings keeps getting stronger

The business case for the retrofit of existing buildings keeps getting stronger

by • Environment, Facilities management, Features, Property

The news last year that the M&S flagship Orchard House store on Oxford Street in London was to be demolished to make way for a new mixed-use development of shops, offices, restaurants and a gym sparked a very British sort of debate about the pros and cons of retrofit and refurbishmentThe news last year that the M&S flagship Orchard House store on Oxford Street in London was to be demolished to make way for a new mixed-use development of shops, offices, restaurants and a gym sparked a very British sort of debate about the pros and cons of retrofit and refurbishment. This is M&S after all. It may not be the cultural touchstone it once was but it remains an institution. But the debate was also about some things you might expect right now, including the ongoing deterioration of Oxford Street, the loss of a landmark building (and an art deco one at that) and the suitability of the ten-storey, mixed-use development that was to replace it. (more…)

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