Search Results for: real estate

July 24, 2018

Facebook confirms 600,000 sq ft Kings Cross office deal

Facebook has signed its long-discussed deal to take 600,000 sq ft across three buildings at the Kings Cross regeneration project. The deal will see the social media giant occupy around 15 percent of the total scheme, The new offices will offer up to 6,000 work stations where workers will focus on the creation of artificial intelligence (AI), Virtual reality (VR) and monitoring ‘harmful content’ on the social networking platform. Engineers at the scheme will also work on integrating the Oculus Go virtual reality mobile headset into the platform. Tech giants such as Google and Youtube have already moved into large nearby offices, while Universal Music is set to to move into a new headquarters at Four Pancras Square in September.

July 23, 2018

WeWork launches new brokering service aimed at small and medium sized businesses

by Mark Eltringham • News, Property, Workplace design

WeWork’s announcement of a meat ban last week has attracted a great deal of attention in the media but a quiet announcement put out on the firm’s website on Friday will have more profound implications for the facilities management, workplace and commercial property worlds. In September the firm will launch WeWork Space Services which is targeted at small and medium sized businesses including those that are not current members. It claims that the service will be a ‘holistic, one-stop’ that will meet the real estate needs of its target audience, including finding them the most appropriate office space and resources as well as free membership of WeWork spaces around the world.

July 11, 2018

Katrina Kostic Samen confirmed as President of the British Council for Offices

by Neil Franklin • News, Property, Workplace design

The British Council for Offices (BCO) today welcomes Katrina Kostic Samen as its new President. Katrina Kostic Samen, Founder and Managing Partner at KKS Strategy, formally takes over the position from Ken Shuttleworth, Founding Partner of Make Architects, at the BCO’s Annual General Meeting in London today, Wednesday 11th July. As Chair of the BCO Annual Conference held earlier this year in Berlin, Katrina set out the vision for her Presidential year, challenging delegates to look at the workplace from multiple occupier perspectives, and to ensure that they are designing and delivering offices which are inclusive and provide for a diverse workforce.

July 11, 2018

Challenging some of the most commonly held misconceptions about coworking

by John Williams • Comment, Coworking

There are a number of misconceptions that dominate much of the writing around flexible workspace, despite all the press coverage and discussion around coworking over the last two years. Yet even in this comparatively short space of time, a number of misconceptions about the market have managed to take hold. Some of them are intuitive but wrong to some or other degree. Some are distorted by coverage. Some arise for other reasons. And we know this thanks to the extensive data gathered in Instant’s latest market report. So here in this piece, I am going to try to shatter some of the myths around flex workspace and coworking in particular.

July 5, 2018

Responsible office fit-out toolkit published by Building Better Partnerships

by Neil Franklin • News, Property, Workplace design

Commercial property trade body Building Better Partnerships (BBP) has today published its latest free industry guidance – Responsible Fit-Out Toolkit: Offices. The Toolkit claims to provide guidance for owners and occupiers on how to integrate sustainability and wellbeing into an office fit-out. The authors claim that while workplace design plays a pivotal role in demonstrating a business’s values and can have an immense impact on the comfort and productivity of those working within and visiting a space, opportunities are rarely fully appreciated.

July 5, 2018

IFMA and RICS collaboration announces new board members

by Neil Franklin • Facilities management, News

The International Facility Management Association UK Chapter has confirmed four new appointments to its Board of Directors, further strengthening its ties with the RICS FM Professional Group as part of the collaboration between what is claimed to be the world’s two largest organisations representing the profession. Joining the IFMA UK Board are four members of the RICS FM Professional Group Board including Rory Murphy FRICS, Commercial Director at VINCI Facilities and RICS World Regional Board Member for UK & Ireland. Murphy is joined by Dennis Markey FRICS, Chief Executive Officer at Gen2 Property, Paul Bagust, Global Property Standards Director for RICS and Stephen Shallcroft FRICS, Director Corporate Real Estate at ARCADIS.

June 28, 2018

Ten demonstrable truths about the workplace you may not know

by Kerstin Sailer • Comment, Facilities management, Features, Workplace design

The science of the workplace has gained a lot of interest over the last few years, highlighting recurring patterns of human behaviour as well as how organisational behaviour relates to office design. In theory, knowledge from this growing body of research could be used to inform design. In practice, this is rarely the case. A survey of 420 architects and designers highlighted a large gap between research and practice: while 80 percent of respondents agreed that more evidence was needed on the impact of design, 68 percent admitted they never reviewed literature and 71 percent said they never engaged in any sort of post-occupancy evaluation. Only 5 percent undertake a formal POE and just 1 percent do so in a rigorous fashion. Not a single practitioner reported a report on the occupied scheme, despite its importance in understanding the impact of a design.

June 22, 2018

Organisations are easily distracted from the task of creating a great workplace strategy

by Chris Hood • Comment, Facilities management, Property, Workplace design

Earlier this month The Once Alternative Workplace Strategies 2018 workplace study was published. This study is the only known longitudinal workplace study and it was recently resurfaced by a group of volunteers to maintain a comparative thread of data on the evolution of workplace thought and practice now going back many years. Unfortunately, the results of this global study demonstrate that a high percentage of companies still see once alternative and now modern workplace strategies as a real estate initiative and not the opportunity to reinvent their businesses in deeper and more transformational ways. Workplace innovation is a litmus test for management quality and leadership. This isn’t about real estate, it’s actually about people and business outcomes.

June 20, 2018

Successful EFMC event in Sofia sets its sights next on Dublin

by Beatriz Jiménez • Comment, Events, Facilities management

The Sofia Event Center in Sofia (Bulgaria), hosted from 5 to 8 June the 26th Edition of EFMC, the European Congress of Facility Management. The event, held for the first time in the Bulgarian capital, has brought together world experts of the sector and has served as a platform for communication between Facility Managers, suppliers, universities and associations. In the closing ceremony it was announced that EFMC 2019 will be held in Dublin (Ireland) on 13 and 14 June.

June 14, 2018

Nearly half of employees still assigned to same place as the traditional office clings on

by Sara Bean • Facilities management, Flexible working, News, Property

The worry over a loss in productivity when people are able to work anywhere is entirely unfounded, and what we once called “alternative”, we have come to call current and future workplace strategies, a new report claims. Yet the new study, ‘The Once Alternative Workplace Strategies’, which was conducted and released by Advanced Workplace Associates (AWA), Global Workplace Analytics and Haworth Inc, found that nearly half of employees are still permanently assigned to one space; with no change since 2008. The research pinpoints five leading trends within today’s workplaces and compares the findings to the initial research from more than a decade ago. More →

June 12, 2018

Keeping people at the heart of the modern workplace

by Ryan Anderson • Comment, Technology, Workplace design

The modern workplace is undergoing significant change, and it’s no surprise that many of these changes are driven by the adoption of new technologies. However, unlike previous eras of technological change, most of the technologies being adopted by organizations today have the potential to offer more autonomy, choice and flexibility to their employees. This can cause disconnects (literally) with the built environment, but it’s also possible for those who design and manage work spaces to adopt a new mindset to stay in lockstep with technological change and to ensure the creation of positive workplace experiences.

June 11, 2018

Coworking is breaking away from its cultural and geographical stereotypes

by Gary Chandler • Comment, Property, Technology, Workplace design

There is a persistent image of a coworking space as a sort of glorified serviced office for tech and creative startups who can’t afford the eye-watering rents in the areas they need to be. This is usually in the technology hothouses of the world’s major cities where they can work alongside the corporate giants and fellow innovators that thrive there. The reason such perceptions exist is because they are largely true. It’s no coincidence that coworking spaces have thrived up till now in the world’s most expensive property markets – in London, Hong Kong and New York, serving exactly the sorts of start-ups and freelancers who rely on proximity to their potential clients.