Search Results for: refurbishment

The business case for the retrofit of existing buildings keeps getting stronger

The business case for the retrofit of existing buildings keeps getting stronger

by • Environment, Facilities management, Features, Property

The news last year that the M&S flagship Orchard House store on Oxford Street in London was to be demolished to make way for a new mixed-use development of shops, offices, restaurants and a gym sparked a very British sort of debate about the pros and cons of retrofit and refurbishmentThe news last year that the M&S flagship Orchard House store on Oxford Street in London was to be demolished to make way for a new mixed-use development of shops, offices, restaurants and a gym sparked a very British sort of debate about the pros and cons of retrofit and refurbishment. This is M&S after all. It may not be the cultural touchstone it once was but it remains an institution. But the debate was also about some things you might expect right now, including the ongoing deterioration of Oxford Street, the loss of a landmark building (and an art deco one at that) and the suitability of the ten-storey, mixed-use development that was to replace it. (more…)

BW showcases new Design and Build service

BW showcases new Design and Build service

by • Company news, Workplace design, Works Magazine

BW design and Build serviceBW: Workplace Experts has added to its expertise in fit out with a new design and build (D&B) service. BW Design and Build extends the company’s service portfolio, encompassing a pool of resources that are now able to design and deliver from within. This forms part of the firm’s commitment to ongoing and dynamic investment in supporting future client relationships. It is also in line with BW’s three layers: Innovation, Diversity and Net Zero, launched last year as part of its Purpose Report. (more…)

Office sector net zero targets require significant shift in thinking

Office sector net zero targets require significant shift in thinking

by • Environment, Facilities management, News, Property

An image of the Earth from space to illustrate what is at stake for the office sector, which is one of the main contributors to carbon emissionsA new report, Delivering Net Zero Carbon in the Workplace [BCO members only] produced by University College London Consultants (UCLC) for the British Council for Offices (BCO), claims to identify the barriers that businesses are facing as they strive to drastically reduce the carbon footprint of their offices. The report, informed by over 100 office occupiers and building professionals, outlines the measures that those working in the office sector can take to overcome these barriers at what the report suggests is low or zero cost. (more…)

Is carbon counting really the answer for the office furniture industry?

Is carbon counting really the answer for the office furniture industry?

by • Comment, Environment, JK

A footprint on a beach to illustrate how the office furniture sector and others need to take a more sophisticated approach to environmental issuesThere is an increasing awareness that carbon is contained within all the products we buy. As an example, a leading sports trainer manufacturer is now displaying carbon content labelling, rather like food retailers quote calories. Within the workplace sector, the environmental impact of the built environment and products such as office furniture and flooring are seemingly well known. This must include consideration regarding how refurbishments and changes to embrace new working practices are managed responsibly. (more…)

Commercial property sector should embrace circular economy, say BCO

Commercial property sector should embrace circular economy, say BCO

by • Environment, News, Property

A man relaxing in a green office space to illustrate the circular economy in the commercial property sectorA new report from the British Council for Offices (BCO) is urging the commercial property industry to ‘retain, extend life, reduce impact’ to futureproof offices. The report sets out to provide circular economy guidance to the office sector in relation to new-build, refurbishment and fit out. The Circular Economy in Offices report [BCO members only] claims to set out how offices can be designed and constructed in order to eliminate waste and pollution, circulate products and materials and regenerate nature. (more…)

Office fit out and rent rises will hit occupiers worldwide this year

Office fit out and rent rises will hit occupiers worldwide this year

by • News, Property, Workplace design

commercial property and office fit outOccupiers around the world are facing a 10 percent increase in office fit out costs with rental rises also squeezing budgets for those in EMEA, according to a new report from Savills. The firm’s Prime Office Costs (SPOC) analysis for Q3 2022 suggests that fit-out costs in key office markets around the world have continued to climb with inflation, rising an average of 10%, with increased rents in many markets also contributing to higher total net effective costs for office occupiers. Overall, the markets which have seen the largest increases in net effective costs (including fit-out costs, rents and other costs) over the quarter are largely clustered in the EMEA region, including Dublin (+7%), London City (+5%), Dubai (+3%), and Berlin (+3%). (more…)

Zumtobel create a consistent corporate identity with light

Zumtobel create a consistent corporate identity with light

by • Company news

Zumtobel The Zumtobel MIREL and PANOS infinity luminaires have been chosen for the latest FinTrU office refurbishment. A good brand provides a distinct experience and evokes emotion from its customers, which is why a business needs to care about branding all the way through to its interior spaces. Extending branding to the working environment helps staff and customers understand who the company is and what makes them unique. FinTrU, a multi-award-winning company specialising in the areas of KYC, Compliance, Legal, Risk & Controls, and Operations, works with Investment Banks around the globe designing technology-enabled solutions to help its clients meet their regulatory obligations. (more…)

Calls for tax measures to speed up decarbonisation of commercial property

Calls for tax measures to speed up decarbonisation of commercial property

by • Environment, News, Property

decarbonising commercial propertyIn its response to a consultation on the reform of capital allowances, the British Property Federation urges the Government to increase tax relief for capital expenditure on building projects that support the Government’s net zero and levelling-up ambitions and introduce a new tax credit system similar to that which applies to Research & Development spending. Buildings are responsible for around 30 percent of all greenhouse gas emissions in the UK and reaching net zero by 2050 will require significant capital investment in new types of building, building techniques and new technologies to improve the energy efficiency of domestic and commercial property. (more…)

BCO honours the best workplaces in South of England and South Wales

BCO honours the best workplaces in South of England and South Wales

by • News, Property

BCO South West AwardsSix South of England and South Wales workplaces have been recognised at the annual British Council for Offices’ (BCO) Regional Awards. The South of England and South Wales Awards Dinner returned in-person at We the Curious at Bristol Harbourside, recognising the highest quality developments in the South of England and South Wales and setting the standard for excellence in the office sector across the UK. (more…)

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

by • Environment, News, Property

Retrofit an opportunity for commercial propertyIn the context of a second major economic shock from war in Ukraine and continuing inflationary concerns, the PWC / ULI report Emerging Trends in Real Estate Global Outlook 2022 focuses on the global outlook for the real estate industry increasing pressure for finance to support the decarbonisation of real estate. The industry challenges lenders and their regulators to provide debt for the retrofit of existing buildings and the scale-up of the ‘climate tech’ needed. (more…)

Confidence sky high in London Office Crane survey

Confidence sky high in London Office Crane survey

by • Cities, News

LondonThe London Office Crane Survey Winter 2021 suggests dramatically improved confidence about London in the developments that are being undertaken in the office market. The survey, compiled by Deloitte, claims the volume of new starts has increased from 3.1 million to 3.4 million sq ft, above the long-term average of 2.4 million sq ft. (more…)

Commercial property markets in major UK cities won’t meet sustainability targets

Commercial property markets in major UK cities won’t meet sustainability targets

by • Environment, News, Property

Bristol commercial propertySix of the UK’s key regional economic centres risk not achieving their net zero targets, unless significant action is taken to upgrade and improve their commercial property in the next 10 years, according to new analysis by JLL. The report, Sustainability and Value in the Regions, suggests that 90 percent of the office stock in England and Wales’ largest regional office markets is at risk of not meeting the UK government’s target for all non-domestic properties to have an EPC B rating by 2030. These findings come at a time when three of the cities analysed – Birmingham, Bristol (pictured) and Cardiff – have committed to achieving net zero status by 2030. Leeds and Manchester, both aim to be net zero by 2038. (more…)

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