Search Results for: real estate

The workplace has reached an inflection point as it adjusts to new realities

The workplace has reached an inflection point as it adjusts to new realities

by • Comment, Facilities management, Technology, Workplace design

workplaceWe can confidently say this is a new era for the workplace. Covid-19 has forced a radical rethink about the purpose of the office and its role in reaffirming company culture. Enlightened property directors are resisting knee-jerk responses to predictions that Covid spells the demise of the office including the wholesale migration to home-working. Instead, they are challenging plans to dramatically downsize the workplace and corporate real estate. They are also acutely aware that distancing, transmission and sanitisation are here for the long-haul. This will continue to have a profound impact on occupancy levels and the interactions that are necessary for business success. (more…)

Government continues with massive reduction in size of public sector estate

Government continues with massive reduction in size of public sector estate

by • News, Property

Work to reduce the UK government estate has seen its size fall by 156,000 square metres over the past year. This makes the estate a third smaller than it was in 2010 – creating a saving in real terms of £760 million in running costs, according to the Government. Today’s State of the Estate report also claims that a further £750 million in capital receipts has been generated this year from the sale of over 400 sites, delivering a total of £2.4bn in capital receipts over the past three years. At the same time, vacant space across the government estate is just 1.4 percent, which is significantly lower than in the private sector, according to the report.

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Crown Estate HQ becomes first office in Europe to achieve WELL Platinum Certification

Crown Estate HQ becomes first office in Europe to achieve WELL Platinum Certification

by • Environment, Facilities management, News, Property, Public Sector, Wellbeing

The Crown Estate has announced that it has been awarded WELL Certification at the Platinum Level for its head office at No 1 St James’s Market, London by the International WELL Building Institute. The Crown Estate earned the distinction based on seven categories of building performance—air, water, light, nourishment, fitness, comfort and mind—and achieved a Platinum level rating.

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UK government property agency opens bidding for huge estates framework

UK government property agency opens bidding for huge estates framework 0

by • News, Property, Public Sector

The UK government has opened the tendering process the Estates Professional Services framework, the vast public sector property contract that covers all central and local government property and which reports claim is worth up to £430m in fees to the firms appointed. The bid is managed by the Crown Commercial Service, an agency sponsored by the Cabinet Office which has been driving the major overhaul of  public sector property as it seeks to save £8 billion through a programme of rationalisation and divestment. The contract runs for four years with the present framework due to expire this September.

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Government set to extend groundbreaking One Public Sector Estate programme

Government set to extend groundbreaking One Public Sector Estate programme 0

by • News, Property, Public Sector

derby-council-offices-public-sector-estateThe UK Government has announced that it is to further extend its groundbreaking One Public Sector Estate scheme which supports local authorities and public sector bodies in the sharing and divestment of underutilised property. The Cabinet Office and Local Government Association have issued a joint announcement that 159 councils will join the next phase of the One Public Estate programme and that £7.5 million has been awarded to 37 partnerships made up of councils and public sector bodies. The funding will support cross public sector partnerships to work collaboratively on land and property initiatives leading to new jobs, new homes, joined up public services and savings for the taxpayer. The programme was initially launched in 2013 and has been extended to a number of local authorities and public sector bodies since

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Crown Estate first national property company to be Living Wage accredited

Crown Estate first national property company to be Living Wage accredited

by • Facilities management, News, Property, Workplace

Living wageThe Crown Estate has become the first national property business to accredit as a Living Wage employer. The Living Wage commitment aims to ensure that everyone working for The Crown Estate, regardless of whether they are permanent employees or contractors, receives a minimum hourly wage of £9.15 per hour in London and £7.85 per hour outside of London, significantly above the national minimum wage of £6.50. The Living Wage is calculated according to the basic cost of living in the UK and is accredited by the national Living Wage Foundation (LWF). A study examining the business benefits of implementing a Living Wage policy in London found that more than 80 per cent of employers believe that the Living Wage had enhanced the quality of the work of their staff, while absenteeism had fallen by approximately 25 per cent.

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The workplace as a strategic resource: a real life CEO’s perspective

by • Facilities management, Furniture, Workplace design

NEF today-3 workplace as a strategic resourceRaise your hand if you agree: “The workplace is obviously a strategic resource.” We facilities management professionals know that to be true. But if you often feel like a voice in the wilderness when speaking to anyone other than a fellow workplace professional, you are not alone. For many if not most senior executives, their facilities are a necessary evil that always cost too much. That reality frustrates me as much as it does you. So my colleague Paul Carder and I conducted two extensive research projects in 2012 and 2013 aimed at making the case (mostly to FM professionals themselves) that facilities and workplaces are incredibly strategic – and very poorly understood. And while we’ve gotten a lot of positive feedback about the work, we haven’t seen much change in mindsets, management practices or outcomes.

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New speculative office scheme announced for Slough Trading Estate

by • Facilities management, News, Property

New speculative office scheme announced for Slough Trading EstateA new 68,000 sq ft speculative office scheme has been announced for Slough Trading Estate, arguably the most famous trading estate in the country; home to Ricky Gervais’ ‘the Office’. Although Slough began life as an industrial trading estate, it now accommodates  numerous corporate offices, and is one of the UK’s most popular headquarter locations for multinational companies, including Mars, Stanley Black and Decker, O2, and LG. The latest development forms part of the ongoing redevelopment of the Trading Estate to ensure it continues to remain a draw for business. The new site, at 234 Bath Road has already secured planning permission and is due to commence in November with completion set for Spring 2016. According to developer SEGRO the offices will feature large floorplates offering grade A office accommodation ranging in size from 22,000 sq ft – 68,000 sq ft, which can be let to a single company or multiple occupiers. (more…)

SkyCycle. Great idea, but how realistic is it really?

by • Comment, Environment, Facilities management, Workplace

Cycling in London

 A cycle lane in the sky is a brilliant concept. The very name conjures up visual images of 21st century transport networks that HG Wells might have been proud of. But wedged above the Enfield Town to Liverpool Street line or its equivalent it seems very unlikely. So let’s assume this is an exercise in marketing, making use of good research and creative design as a means to kick start the debate about how we get to work and how we can accommodate more different and more sustainable methods of commuting. And let’s not restrict this to London either. The capital might have more obvious issues, more publicity; a larger than life Mayor; plus too many cycling fatalities, but they are problems shared across the UK.

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Crown Estate in £320m joint venture to redevelop area around Regent Street

by • Company news, News, Property

St James Market architect's impression-2

The Crown Estate, which manages the Queen’s property portfolio has announced a joint 50/50 – £320 million venture with Canadian real estate company, Oxford Properties. The Crown Estate, which will retain the freehold and take the lead role in the development says the St James’s scheme will provide 210,000 ft2 of prime office and 50,000 ft2 of flagship retail and restaurant space in two blocks located between London’s Regent Street and Haymarket. The project forms part of the Crown Estate’s ten-year investment strategy for St James’s and will transform a run-down back street service yard and taxi ‘rat-run’ with: “a fantastic new amenity for St James’s, revitalising half and acre of public realm and creating a new 10,000 ft2 pedestrian square for world-class business, shopping and dining.” (more…)

The UK’s most influential workplace design event is open for registration

The UK’s most influential workplace design event is open for registration

by • News, Workplace design

Registration is now officially open for Workspace Design Show London, returning to the Business Design Centre on 25–26 February 2026Registration is now officially open for Workspace Design Show London, returning to the Business Design Centre on 25–26 February 2026 with its most forward-thinking edition yet. The 2026 show will push even further under its new theme, Connected Realities, exploring how physical spaces and digital layers are increasingly merging to shape the workplaces of tomorrow. Across two days, the event will transform the BDC into a dynamic landscape of ideas and innovation, featuring leading UK and international brands unveiling the latest in furniture, lighting, acoustics, flooring, sustainability, digital workplace tools and materials for next-generation environments. Visitors can expect a show floor rich with new launches from companies including König + Neurath, Sedus, Kvadrat, Pedrali, Interface, Forbo and more, alongside a wider range of workplace product innovators shaping the future of work. (more…)

Four built environment projects named the winners of the 2025 ULI Europe Awards for Excellence

Four built environment projects named the winners of the 2025 ULI Europe Awards for Excellence

by • News, Property

This week, four real estate projects were named the overall winners of the 2025 Urban Land Institute (ULI) Europe Awards for Excellence from this year’s ten finalists. The winning projects include a social housing project in Milan situated on an abandoned office development site, a new secondary school in Brussels developed in a former brewery, a new flexible life sciences hub in Stockholm, and an acute healthcare facility in Birmingham which is intended as a catalyst for community regeneration. (more…)

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