Search Results for: real estate

October 12, 2016

Government set to extend groundbreaking One Public Sector Estate programme ⁰

by Mark Eltringham • News, Property, Public Sector

The 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

May 22, 2015

Crown Estate first national property company to be Living Wage accredited

by Sara Bean • Facilities management, News, Property, Workplace

The 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.

April 14, 2015

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

by Jim Ware • Facilities management, Furniture, Workplace design

Raise 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.

October 7, 2014

New speculative office scheme announced for Slough Trading Estate

by Sara Bean • Facilities management, News, Property

A 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 →

January 10, 2014

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

by Andrew Brown • Comment, Environment, Facilities management, Workplace

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.

May 29, 2013

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

by Sara Bean • Company news, News, Property

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 →

May 1, 2024

Hybrid working era means a boom time for workplace apps

by Helen Parton • Facilities management, Flexible working, Technology, Workplace design

Disseminating information about a building to the people who occupy it has come a long way from a basic, intranet desktop interface with warnings about wet floors or notices about charity fundraising. These days apps promise a much more sophisticated workplace experience, which can be accessed in the palm of your hand. Gartner has a useful definition of workplace apps’ capabilities, stating, “They are used to explore and reserve workspaces, navigate the workplace, find colleagues, plan the best days to attend the workplace, access services and ensure that employees could feel safe in a future post pandemic workplace.” More →

April 25, 2024

Event explores how the government is setting new office standards for civil servants

by Government Property Agency • Company news, Facilities management, Property, Workplace design

At a recent event, the Government Property Agency brought together Civil Service leaders to exchange ideas, debate trends and inform how the GPA delivers its property services. The GPA is leading one of the country’s biggest and most ambitious workplace renewal programmes for its clients – delivering a smaller, better connected, better quality, and greener property estate to support the work of Civil Service teams and bring them closer to the communities they serve. More →

April 25, 2024

Office rent, costs and utilisation rates rise as firms focus on prime space

by Mark Eltringham • News, Property

Prime office rents in major cities around the world have risen 1.1 percent in the past year (Q1 2023 to Q1 2024) while tenants’ ‘all-in’ net effective costs (rent plus fit-out costs) have risen 2.4 percent, according to Savills, as the structural trend towards seeking high quality premium office space continues into 2024. More →

April 15, 2024

Open competition launched to find design team for new museum of architecture and design in Helsinki

by Neil Franklin • Architecture, News, Workplace design

The Foundation for the Finnish Museum of Architecture and Design, Real Estate Company ADM, the City of Helsinki and SAFA the Finnish Association of Architects have launched an international, open design competition to find a design team for a new 10,050 sq m (GFA) museum building in Helsinki’s South Harbour. The new museum of architecture and design in Helsinki, Finland, is planned to open in 2030 and will combine the Museum of Finnish Architecture and Design Museum Helsinki. These institutions were successfully merged in January 2024, and the new museum will retain and grow the staff of both its predecessors. More →

April 10, 2024

MIPIM has changed, and mostly for the better

by Anna King • Environment, Features, Property

With an estimated 27,000 delegates from 90 countries, MIPIM is still a force to be reckoned with when it comes to opportunities to network and learn as delegates, with organisations using the week to deliver news, insights and thinking. The theme for MIPIM this year was The Global Urban Community; and it really did feel more international than previous years, the majority of attendees are still from France, Germany and the UK, but there were significant delegations from the United States, Canada, Oman, Egypt and Hong Kong, more from Asia generally and a show stopper from Saudi Arabia, more of which later. More →

March 29, 2024

FAANGs for the memories: how tech palaces lost their lustre

by Helen Parton • Features, Flexible working, IN Magazine, Premium Content, Technology, Workplace design

I was alerted by the great Jack Pringle during a presentation course he was giving to an unforgettable YouTube clip of Steve Jobs speaking to the local council as part of a planning application for his Apple Park in California, one of the great tech palaces that sprang up in the wake of the digital revolution. Jobs, in familiar black polo neck jumper and wire-rimmed spectacles, took the officials of Cupertino City Council on a journey of opportunity, awe and inspiration. More →