Search Results for: real estate

Flex space occupancy remains stable through Covid-19

Flex space occupancy remains stable through Covid-19

Flex spaceA third of flexible workspace providers reported that occupancy rates have remained relatively stable through the global lockdown, only falling by 10 percent. On average, operators reported demand for flex space at 52 percent of pre-Covid levels, but some suburban markets have seen significant growth and pricing in those areas has increased. More →

Leadership in a new age of virtuality

Leadership in a new age of virtuality

workplace leadershipWe are living through a fundamental transformation in the way we work. The pandemic has forced organisations to go virtual. New government guidelines, including a tiered alert system, suggest that this will be the norm for the foreseeable future. But step back from the noise and it is easy to see how the current crisis is simply accelerating the inevitable. A confluence of forces, including advancements in technology and infrastructure, increasing globalisation, shifting demographics and COVID-19, has enabled greater connectivity and mobility, making obvious to organisations, their leadership and individuals the wisdom of adopting flexible work models. More →

COVID-19 driving top talent migration to rural parts of UK

COVID-19 driving top talent migration to rural parts of UK

migrationOver half (52 percent) of UK workers think we will see a “reverse brain drain” of talent migration away from big cities like London and Manchester towards regional areas as a result of COVID-19, according to latest research from the Adecco Group UK and Ireland. More →

Commercial rental prices fall in the UK as pandemic continues to bite

Commercial rental prices fall in the UK as pandemic continues to bite

Prices

Commercial real estate rental prices are continuing to drop in all the UK’s main business centres according to the latest quarterly figures by national office agent FreeOfficeFinder.com. Office rental prices and those for coworking spaces at the UK’s major cities are all feeling the long-term effects of the Covid-19 pandemic with predictions that they will slump even further as a result of the new lockdown measures announced by the government. More →

The world may be going mad, but we don`t have to

The world may be going mad, but we don`t have to

If you want to determine the nature of anything, entrust it to time: when the sea is stormy, you can see nothing clearly. Seneca’s advice from nearly 2,000 years ago still rings true. More →

Post-COVID environment will drive demand for flexible office space

Post-COVID environment will drive demand for flexible office space

Employees are proving keen to return to the office, reporting that they miss the human and social interaction that the office facilitates. At the same time, while employees show a strong affinity for the office, they also desire the ability to have the option to work from home 1-2 days per week on average according to a recent JLL global study of 3,000 workers. The trend towards workplace mobility was not created as a result of the pandemic, but it was certainly accelerated by it. As a result, agile work strategies are expected to increase in a post-pandemic world, reinvigorating demand for flexible space. More →

EDGE adds building software to its portfolio of innovations

EDGE adds building software to its portfolio of innovations

Sustainable  tech-led real estate pioneers EDGE have built upon their already impressive reputation as an innovator with the launch of a software platform that offers what the firm claims is a “seamless solution for optimising any office building’s performance”. It claims that EDGE Next allows “tenants and owners to transform their offices into smarter, healthier and more sustainable spaces in which people and companies can truly thrive”. The EDGE Next platform also sets out to ensure the wellbeing of employees by monitoring air quality and the numbers of people in a spaces, which it claims will make offices safer for work during the COVID-19 outbreak and beyond. More →

Center for active design launches viral response module

Center for active design launches viral response module

Viral response moduleFitwel, the healthy building certification system operated by The Center for Active Design (CfAD), has announced the formal launch of its Viral Response module, with additional commitments for adoption from companies, including BentallGreenOak, Boston Properties, Brookfield Properties, DLC Europe, Hudson Pacific Properties, Kilroy Realty Corporation, Nuveen Real Estate, and The Tower Companies. More →

Majority of businesses plan to move to smaller but more focused offices in future

Majority of businesses plan to move to smaller but more focused offices in future

According to a new independent survey of over 500 senior business decision-makers, nearly three quarters believe COVID-19 will result in more UK businesses downsizing to smaller office spaces in the coming 12 months. Most also say they value the office and will be more focused on its strengths as part of the shift. The data from property developers Accumulate Capital claims to show how the COVID-19 pandemic has affected UK businesses and their commercial property needs. More →

UK business leaders predict office downsizing in the coming year

UK business leaders predict office downsizing in the coming year

DownsizingA new independent survey by Accumulate Capital suggests how the COVID-19 pandemic has affected UK businesses and their commercial property needs. The property development firm commissioned an independent survey of more than 500 senior decision-makers from businesses all over the UK and the majority believe there will be a need for downsizing to smaller office spaces in the future. More →

New strategy tackles the post-COVID climate emergency

New strategy tackles the post-COVID climate emergency

COVIDSupported by its Green Building Councils and their members, the WorldGBC (World Green Building Council) network has launched Sustainable Buildings for Everyone, Everywhere — a new strategy to accelerate and mainstream the transformation of built environments around the world. Based on climate science and the Global Goals of Sustainable Development (SDGs), the strategy tackles global warming, health and wellbeing and resource impacts to deliver quality infrastructure — a critical need for our planet, communities and economies in the context of the COVID pandemic.
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Permanent working from home would reduce UK economy by £480 billion

Permanent working from home would reduce UK economy by £480 billion

A new study claims that if British workers do not return to their offices at all, the UK economy could contract by £480 billion. The study from the Centre for Economics and Business Research (CEBR), and led by Douglas McWilliams, a former chief economic adviser to the Confederation of British Industry, suggests that in a worst case scenario, the British economy would not return to its size before the coronavirus pandemic until 2025 if people continue working from home as they have over the past few months. More →