Search Results for: sustain

HNI Corp to acquire Steelcase in $2.2 billion deal

HNI Corp to acquire Steelcase in $2.2 billion deal

by • Company news, Furniture, News

HNI Corporation, whose brands include HON and Allsteel, has agreed to acquire Steelcase in a cash and stock transaction valued at approximately $2.2 billionHNI Corporation, whose brands include HON and Allsteel, has agreed to acquire Steelcase in a cash and stock transaction valued at approximately $2.2 billion, according to a report from Rob Kirkbride of office insight. The deal brings together two of the US office furniture sector’s largest players and will create a combined company with annual revenue of around $5.8 billion. Under the terms of the agreement, Steelcase shareholders will receive $7.20 in cash and 0.2192 shares of HNI common stock for each Steelcase share they hold. Based on HNI’s closing price of $50.62 on August 1, 2025, the deal implies a purchase price of $18.30 per share for Steelcase. Once the acquisition is completed, HNI shareholders will hold 64 percent of the merged entity, with Steelcase shareholders owning the remaining 36 percent. (more…)

Why winning the AI race starts with workforce readiness

Why winning the AI race starts with workforce readiness

by • AI, Comment, Workplace

While AI is heralded as a transformative force across industries, a quieter challenge threatens to slow its momentum: the growing shortage of skilled AI professionals. Behind the buzz of breakthroughs lies a stark reality — companies are racing to adopt AI, but many are leaving their people behind. Recent data shows the skills required for AI-exposed jobs are evolving 66 percent faster than for other roles — a dramatic leap from just 25 percent a year ago. The demand for AI talent is surging in the UK, where the job market is cooling off. Yet, as job postings requiring AI skills continue to climb, this only underscores a critical imbalance felt across the job market. (more…)

Calls for standardised product assessments address growing concerns about greenwashing

Calls for standardised product assessments address growing concerns about greenwashing

by • Environment, Facilities management, News

Built Environment Sector Calls for Standardised Product Assessments Amid Growing Concern Over GreenwashingA new industry-wide study has revealed widespread support for the introduction of mandatory Lifecycle Assessments (LCAs) on products used in the UK’s built environment to address widespread concerns about greenwashing. The findings, published in the report Greenhushing: Silence is Costing Credibility, show that 86 percent of professionals surveyed believe that LCAs are essential to reduce confusion and rebuild trust in environmental claims. Produced by Futurebuild in collaboration with The Anti-Greenwash Charter, The Carbon Literacy Project and communications agency Hattrick, the report draws on responses from over 3,000 people, including nearly 300 professionals in the built environment. It provides insight into the sector’s growing demand for standardisation and transparency in sustainability communications. (more…)

Better offices for all as occupiers shift focus away from cost cutting

Better offices for all as occupiers shift focus away from cost cutting

by • Flexible working, News, Property, Workplace design

New research suggests a worldwide shift in workplace strategy, with portfolio optimisation (better offices basically) now the top priority for corporate real estate leaders, overtaking cost reduction for the first time.New research suggests a worldwide shift in workplace strategy, with portfolio optimisation and better offices now the top priorities for corporate real estate leaders, overtaking cost reduction for the first time. JLL’s 2025 Occupancy Planning Benchmark Report found that 73 percent of respondents identified portfolio optimisation as their main focus, compared with 70 percent who cited cost reduction and improved reporting. (more…)

TRILUX and Sweco deliver circular lighting upgrade in Maidenhead

TRILUX and Sweco deliver circular lighting upgrade in Maidenhead

by • Company news, Environment, Facilities management

TRILUX partnered with Sweco UK Ltd to deliver a circular lighting upgrade at the consultancy's Maidenhead office.TRILUX has partnered with Sweco UK Ltd to deliver a circular lighting upgrade at the consultancy’s Maidenhead office. By refurbishing and upgrading the existing fluorescent luminaires, the project significantly reduced waste and improved the quality and efficiency of lighting in the open-plan workspace. Sweco UK Ltd, a leader in sustainable engineering and design, recently partnered with TRILUX to deliver a circular lighting refurbishment at its Maidenhead office. The project involved upgrading old fluorescent luminaires installed in multi-service chilled beams on the first floor, bringing a more sustainable, energy-efficient, and visually comfortable lighting solution to the space. (more…)

Cities must embrace the radical retrofit of buildings to meet future challenges

Cities must embrace the radical retrofit of buildings to meet future challenges

by • News, Property, Workplace design

The Radical Retrofit report by Economist Impact, supported by JLL, argues that making cities more sustainable and resilient will depend on retrofits that improve safety, health and accessibility, while also driving economic valueAs cities continue to grow, the pressure on infrastructure, resources and the environment is intensifying. A new global study warns that urban centres must move beyond new construction and reimagine the buildings they already have. Retrofitting – enhancing and upgrading existing structures -is emerging as a key strategy to cut emissions, improve energy performance and boost urban liveability. The Radical Retrofit report by Economist Impact, supported by JLL, argues that making cities more sustainable and resilient will depend on retrofits that improve safety, health and accessibility, while also driving economic value. Though still in its early stages, the movement is gaining traction across global cities such as Singapore, New York, Paris and Dubai. Yet the pace must accelerate dramatically from today’s retrofit rate of 1 percent per year to at least 3 percent to align with net-zero goals. (more…)

Office utilisation reaches equilibrium, and demands a rethink of workplace strategy

Office utilisation reaches equilibrium, and demands a rethink of workplace strategy

by • News, Property, Workplace design

The British Council for Offices (BCO) has published a new report which claims that while office utilisation rates have stabilised, there has been a fundamental shift in how offices are usedThe British Council for Offices (BCO) has published a new report which claims that while office utilisation rates have stabilised, there has been a fundamental shift in how offices are used, with major implications for developers, investors and occupiers. The report, authored by Nigel Oseland of Workplace Unlimited, shows that the long-standing benchmark of 80 percent office utilisation is no longer fit for purpose. Post-pandemic data suggests a more realistic, but nevertheless conservative, figure of 66 percent equating to an effective density of 15 sq. m per occupant, up from the previous 12.5 sq. m. This recalibration reflects a maturing flexible working model that empowers organisations to right-size their space, reduce waste and enhance employee experience. With high-profile organisations in financial services and the public sector under the spotlight for space misalignment, the report offers timely, evidence-based guidance for the sector. (more…)

Small changes to AI LLMs could cut energy use by 90 percent, claims UNESCO report

Small changes to AI LLMs could cut energy use by 90 percent, claims UNESCO report

by • AI, Environment, News

A new report from UNESCO and University College London claims that relatively minor changes in the way AI large language models (LLMs) are built and used can reduce their energy consumption by up to 90 percent without compromising performanceA new report from UNESCO and University College London claims that relatively minor changes in the way large language models (LLMs) are built and used can reduce their energy consumption by up to 90 percent without compromising performance. The report highlights the growing energy demands of generative AI systems and calls for a shift in approach to make them more sustainable. According to UNESCO, the annual energy footprint of generative AI is already equivalent to that of a low-income country, and continues to rise. (more…)

Workspace Design Show returns to Amsterdam with focus on sensory workplace design

Workspace Design Show returns to Amsterdam with focus on sensory workplace design

by • News, Workplace design

The Workspace Design Show 2025, returns to Amsterdam in November with a focus on how sensory workplace design is influencing the modern officeRegistration has opened for the Workspace Design Show 2025, which returns to Amsterdam on 5–6 November with a focus on how sensory workplace design is influencing the modern office. Held at the RAI exhibition centre, the event will bring together over 5,000 workplace professionals, including architects, designers and commercial interiors specialists. This year’s theme, Activate the Senses, explores how sight, sound, scent and touch can influence how we feel and function at work. (more…)

Flexible office market in EMEA enters new phase of growth

Flexible office market in EMEA enters new phase of growth

by • News, Property

The flexible office market across Europe, the Middle East and Africa is shifting into a new phase, according to new data from Colliers. The region’s flex workspace footprint grew by more than 348,000 square metres in 2024, despite difficult economic conditions and reduced capital availability. The firm’s Flexpansion: The Architecture of Agility report charts a 4.4 percent year-on-year increase in flexible space across 46 EMEA markets. The total now stands at 8.3 million square metres. (more…)

ROOM Launches The Room Collection: flexible architecture for today’s hybrid workplace 

ROOM Launches The Room Collection: flexible architecture for today’s hybrid workplace 

by • Company news, Flexible working, Workplace design

ROOM, the leading modular architecture company behind the award-winning Phone Booth and pioneer in hybrid workplace design, has introduced The Room Collection: a new series of scalable and adaptable rooms, designed to provide privacy in open floorplans and meet the dynamic needs of today’s businesses and office workers.ROOM, the leading modular architecture company behind the award-winning Phone Booth and pioneer in flexible workplace design, has introduced The Room Collection: a new series of scalable and adaptable rooms, designed to provide privacy in open floorplans and meet the dynamic needs of today’s businesses and office workers. A major pain point for employees is working in an office that hasn’t yet been optimized for the hybrid workplace. Simultaneously, businesses may find it difficult to swiftly adapt to changing workplace needs. While insufficient meeting spaces, poor acoustics and back-to-back virtual meetings plague workers, inflexible leases and hefty construction costs prevent business leaders from adapting accordingly. The Room Collection helps solve this through its easy-to-assemble, soundproof modular office system that can evolve to meet the needs of businesses at any stage. (more…)

Data centres are the real powerhouses behind AI

Data centres are the real powerhouses behind AI

by • AI, Comment

For many year data centres have remained anonymous and physically low-key with a light air of mystery and suspicion around what actually happens in these technical boxes on the landscape. Yet, they are so vital to our lives, and this is only set to increase as the players in the datacentre world need to stand up to be counted.The Datacloud Global Congress took place during the first week of June, handily nestled between BCO Milan and London Tech week where the government announced an £86 billion boost to science and tech, with the intention of propelling Britain to world-leading status for research and innovation. These are three events with very different content, yet are also intrinsically linked for progressive and high performance societies and organisations. This was the 20th anniversary of Datacloud Global Congress, the flagship event for the sector – “mipim for data centres” some say. (more…)

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