July 31, 2019
Take-up across the UK’s ‘Big Nine’ regional office markets rose to 2.3 million square feet during second quarter of 2019 according to the latest market update from property advisors Avison Young. This is up ten percent up on a 10-year average, with activity was skewed towards flexible offices, larger deals, city centres and the technology media and telecoms sector. (more…)
July 24, 2019
A new report from the Urban Land Institute (ULI), claims that the wave of interest in wellbeing in the UK is expected to translate into significant investment from the commercial property sector over the next three years. The report, Picture of health: the growing role of wellbeing in commercial real estate investment decision-making, has been published by the ULI UK Sustainability Forum to highlight the rise of wellbeing investment in commercial buildings. The report from ULI UK was sponsored by E.ON and addresses questions about the investment case for incorporating wellbeing into buildings and how to measure its impact. (more…)
July 17, 2019
Corporate real estate and workplace association CoreNet Global has announced that its Global Summit taking place in Amsterdam in September will examine the role that corporate real estate can play in leading, creating and fostering experiences that enable business success. The Summit, Amsterdam, which takes place this September, expects to bring together more than 650 corporate real estate executives, 100 speakers across 50 sessions. (more…)
July 12, 2019
A new urban model is emerging worldwide – transforming the way cities design and use physical space, generate economic wealth, consume and dispose of resources, exploit and sustain the natural ecosystems they need, and prepare for the future. This emerging new urban paradigm has profound implications for players who care about and depend on the design of a city’s built infrastructure – including architects, engineers, builders, real estate developers, and office building tenants. (more…)
July 11, 2019
Enthusiasm among international investors for the UK commercial property market has continued to wane over the past quarter, according to BrickVest’s latest commercial property investment barometer. According to the data ,capturing the views of over 6000 international professional real estate investors, only 27 percent view the UK as their preferred market, a 4 percent fall in the past 12 months. (more…)
July 5, 2019
Chicago, considered the home for the modern workplace by many, played host once again to the 51st edition of NeoCon at The Merchandise Mart. The Mart, as is it affectionately known, is itself an interesting building; a vast space of 25 floors, it spans two city blocks and was the largest building in the world when it opened in 1930. (more…)
July 3, 2019
When business operators are planning their company’s office, price is often chief among their priorities. Keeping the fixed cost of real estate low helps companies project—and increase—their expected income. Price is not just a consideration when it comes to rent; assets such as office furniture are often purchased en masse and for purely utilitarian reasons. Sure, a business is saving money by designing a no-frills, utilitarian office, which some Feng Shui experts would agree with, but what they are ignoring is how space affects productivity, motivation and enjoyment. (more…)
June 26, 2019
WeWork has agreed a deal to take over all seven floors of Six Brindleyplace in Birmingham. The deal is the coworking provider’s third in the City this month alone, following deals for 55 Colmore Row and Louisa Ryland House, both in the Colmore Business District in the city centre. The deal for the 97,000 sq. ft. of Six Brindleyplace is believed to be the largest office deal in Birmingham so far this year, bringing its total offering in the city to 200,000 sq. ft. (more…)
June 25, 2019
Leesman, the workplace experience analysts, and Delos, a wellness real estate and technology firm, have announced a new collaboration to investigate how real estate strategy can better support wellbeing at work. With a variety of strategies being promoted as a secret to ‘wellness at work’, this collaboration aims to test and validate the impact of real estate strategies on worker wellbeing on an ongoing basis, and not only when an office is new.
June 25, 2019
The Aviva Stadium in Dublin hosted from 13th to 14th June the 27th Edition of EFMC, the European Facility Management Conference. The event, held for the first time in the Irish capital, has brought together international experts of the FM sector and has served as a platform of communication amongst facilities managers, suppliers, Universities and associations. The event culminated with tours of One Microsoft Place and the offices of Google in the Irish capital. In the closing ceremony it was announced that EFMC 2020 will be held in Barcelona. (more…)
June 25, 2019
May 2019 saw a total of 13.3m sq ft of London office space under construction across 98 developments. 60 percent of this space has already been let or is under offer, the highest level to be achieved in over 15 years. This is according to new data from real estate advisor CBRE. Take-up of office space rose above the 10-year average in May 2019, increasing to 1.2m sq ft. There were eighty transactions, of which twelve were greater than 20,000 sq ft in size. The largest deal of the month saw the European Bank for Reconstruction & Development take 358,700 sq ft at Five Bank Street (pictured). (more…)
July 24, 2019
Agile working? This is Frank’s World and the rest of us just live in it
by Mark Eltringham • Comment, Facilities management, Flexible working, Technology, Workplace design