May 9, 2019

Property investors cool on issue of climate change

by Mark Eltringham • Environment, News, Property

According to a RICS global survey of Commercial and Construction market professionals, in the UK, 47 percent of respondents reported that climate change risks are not important or irrelevant for investors. In addition, while 25 percent reported that there is more interest in energy efficient buildings than two years ago, 37 percent noted that investment into energy efficient buildings was limited to niche investors. The study concludes that it still appears that other considerations take precedence in the UK for investors, and the UK is lagging behind China and Hong Kong in this area, where 41 percent reported that energy efficient buildings are increasingly seen as an attractive form of investment. The issue of responsible investment, will be being discussed on the 13 and 14 May at the RICS World Built Environment Forum, Summit in New York. (more…)

May 2, 2019

The best workplace events to look forward to in May

by Mark Eltringham • Events, News

The events season is in full swing every May and this year is no exception. So much so that we’ll never do justice to how much is going on in one story. As the workplace sector becomes increasingly well defined in its own right and the world sets out to address a number of pertinent challenges for the way we live and work, this might prove to be something of a seminal year and so it’s important to be out and about sharing ideas. Fortunately, you can find a full list of relevant happenings around the world on our Events page, the most comprehensive calendar of workplace related events in the world, in partnership with Herman Miller. Here are a few of the best to whet your appetite: (more…)

April 30, 2019

Workplace design in tech sector out of step with demands of modern work

by Neil Franklin • News, Technology, Workplace design

HOK has released the second volume of HOK Forward, its annual report exploring a crucial issue in workplace design. HOK Forward: Tech Workplace Takes Center Stage investigates the distinct threats and challenges facing the tech sector and explores how these same challenges are affecting all companies, regardless of the industry in which they operate. (more…)

April 25, 2019

UK workplace happiness score has dropped below global average

by Marie Hillen • News, Wellbeing, Workplace

The UK now ranks tenth globally when it comes to happiness in the workplace. Austria (690), Spain (682), United States (719), France (672) and Germany (675) are all above the UK in rating workplace happiness. To date, over 10,000 people globally have taken the free Workplace Happiness Survey by Engaging Works which aims to provide practical and personalised advice to help improve wellbeing at work and to increase productivity and overall happiness within the workplace. The Workplace Happiness Survey asks 26 questions and then delivers a score out of 1000.

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April 23, 2019

The flexible solution to workplace loneliness

by Guzman de Yarza Blache • Comment, Flexible working, Wellbeing, Workplace design

For years, the word ‘office’ would doubtless conjure images of the traditional individual cubicle. However, times have changed, and where the cubicle once ruled the roost, a flexible working revolution is already disrupting the office market and reshaping the world of work.

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April 15, 2019

Central London commercial property market investment up over a quarter

by Neil Franklin • News, Property

Commercial property investment in Central London (the City and West End) rose to £3.2 billion in the first quarter of 2019, a 28 percent increase on the £2.5 billion invested in Q1 2018, according to new data from Savills. The firm also claims that investment volumes in Central London in Q1 2019 were also higher than those in Q1 2015 before the UK’s referendum to leave the EU, when they reached £3.14 billion.

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April 8, 2019

Commercial property investors underestimate risks of climate change

by Neil Franklin • Environment, News

Investors in commercial property are underestimating the risks associated with climate change, including more frequent and intense extreme weather events, and need to rethink their assessment of asset vulnerabilities, according to a new report from the BlackRock Investment Institute.

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April 5, 2019

The ladder of life, the death of work, the cane toad of property and some other stuff

by Mark Eltringham • Features

We start with a question. Why hasn’t the gig economy killed traditional work?, asks Greg Rosalsky and goes on to explain what many people have now realised. The answer, as Greg points out, is that the gig economy doesn’t replace traditional work, never has, and the rise of casual work of this kind has primarily been a way for people to deal with a volatile labour market and shrinking real incomes. Offer them the choice of a decent monthly income, benefits and a contract and most of them will take you up on it.

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April 3, 2019

Coworking and a new golden era for the workplace and the people who inhabit it

by Gary Chandler • Comment, Coworking, Workplace design

The idea of coworking is starting to resonate with a growing number of businesses and for a growing number of reasons. People new to the concept, or those who are aware primarily of its roots, may discover or retain a notion that it is a way for start-ups and freelancers to share space as a way of keeping down costs or networking with similar organisations. There is still a great deal of truth in this, given that the initial growth of coworking was based almost exclusively on the need for small tech and creative organisations to occupy space near to their larger clients, in precisely those urban enclaves that demand eye-watering rents and conventional leases.

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April 3, 2019

London, Paris and Stockholm lead ranks of European coworking hotspots

by Neil Franklin • Coworking, News, Property

London, Paris and Stockholm are among the major cities featured in a new research report from Cushman & Wakefield (registration) into the coworking and flexible office sectors, which pinpoints future demand and the next likely growth hotspots across Europe. According to the report, coworking’s rapid expansion in recent years has quickly disrupted global office markets. The report charts the current state of the sector, the emergence of flexible working space across continental Europe and where future growth will occur. (more…)

March 25, 2019

London office market saw more investment than any other global city in 2018

by Sara Bean • Cities, News, Property

Alongside the uncertainty surrounding Brexit there have been many predictions that London will be particularly hard-hit by the economic fallout. However, a new analysis by savoystewart.co.uk of Knight Frank’s The London Report 2019 proposes London will continue to attract the interest of occupiers and investors alike. The research suggests that London saw greater volumes of commercial real estate investment than any other global city in 2018 – with over £16 billion of transactions. (more…)

March 21, 2019

Interiors are not enough to win the war for talent

by Ben Capper • Comment, Workplace design

I often refer to Google and Facebook in my blog, due to their influence on workplace design. Many consider them to be workplace interior’s holy grail. But today’s big employers are competing with one another on a much broader set of principles. Cool interiors alone just won’t cut it. Zürich, like many European cities is home to a large number of global brands, with bustling financial services and tech sectors. I regularly hear of people with multiple job offers taking a job with a lower salary, rather than accepting a role in a company that doesn’t reflect their ideals. This decision can be influenced by office design and facilities, career development options, corporate culture and much more. (more…)