Search Results for: real estate

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.
(more…)

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…)

Working from home and the future of work. How quaint

Working from home and the future of work. How quaint

In 1962, a professor of communication studies called Everett Rogers came up with the principle we call diffusion of innovation. It’s a familiar enough notion, widely taught and works by plotting the adoption of new ideas and products over time as a bell curve, before categorising groups of people along its length as innovators, early adopters, early majority, late majority, and laggards. It’s a principle bound up with human capital theory and so its influence has endured for over 50 years, albeit in a form compressed by our accelerated proliferation of ideas. It may be useful, but it lacks a third dimension in the modern era. That is, a way of describing the numbers of people who are in one category but think they are in another.

(more…)

Job clusters and urban sprawl will become evident post lockdown

Job clusters and urban sprawl will become evident post lockdown

job clustersFor most of us the experience of working from home this year has, on balance, been positive – enough that it may well become the norm after the COVID-19 crisis ends. But modelling by Victoria University’s Centre of Policy Studies shows there will be costs alongside the personal benefits, with more urban sprawl, job clusters with a flight to the biggest cities and greater economic disparities between regions. (more…)

The challenge for the office is to stay relevant

The challenge for the office is to stay relevant

The world is going through some painful changes at breakneck speed. As a result, the word unprecedented has reached number one spot on our ‘words to avoid’ list. What’s the big deal with unprecedented anyway? Our obsession with all things unprecedented taps into our fear of the unknown. But life itself is an unknown: Life is beta. Nothing is permanent. Every single day things happen that are unprecedented. Damn, said it again. (more…)

BCO releases lift and escalator guidance for reopening offices

BCO releases lift and escalator guidance for reopening offices

The British Council for Offices (BCO) has published new guidance for the safe use of escalators and lifts, as the country begins to return to the office. The safe use of lifts and escalators has been a priority for the industry, with 90 percent of decision-makers and influencers in the commercial office sector saying they were worried about their safe use. To help solve these headaches, the guidance emphasises the importance of social distancing and strict hygiene measures. (more…)

Central London office leases fall by over half in second quarter of 2020

Central London office leases fall by over half in second quarter of 2020

According to research from DeVono Cresa, the second quarter of 2020 saw 1.2 million sq. ft of office space leased across central London – a drop of 57 percent on the previous quarter. With the market feeling the full effects of the COVID-19 lockdown, demand, availability and rents in central London all trended as predicted, but with the pace somewhat subdued. Q1 2009, at the time of the Global Financial Crisis (921,000 sq. ft leased), remains the lowest quarter of take-up. (more…)

A dog`s life in the future of work

A dog`s life in the future of work

Once upon a time. Not so long ago. We used to get ideas for stories on lots of different topics. These included those I often dismissed at the time as quaint, such as somebody’s thoughts on why you should bring your dog to work. Now I often hanker for such whimsy, faced with day 127 of an inbox stuffed with nothing much more than ‘how to return to the office after lockdown’. (more…)