Search Results for: sustain

London office market showing unmistakeable signs of life, especially for Grade A space

London office market showing unmistakeable signs of life, especially for Grade A space

The London office market is demonstrating strong signs of recovery, with declining vacancy rates and robust demand for high-quality spaces.The London office market is demonstrating strong signs of recovery, with declining vacancy rates and robust demand for high-quality spaces. Both occupier and investor activity surged in the third quarter of 2024, reflecting renewed confidence in the capital’s commercial real estate sector. Despite challenges posed by elevated supply levels, the market’s recovery trajectory points to a potential upswing in rents and investment activity heading into 2025, driven by stabilising vacancy rates and continued demand for Grade A office space. (more…)

The bill for upgrading office buildings worldwide could hit £1 trillion

The bill for upgrading office buildings worldwide could hit £1 trillion

A significant proportion of global office space is at risk of obsolescence, with up to £1 trillion required to revitalise aging office buildingsA significant proportion of global office space is at risk of obsolescence, with up to £1 trillion required to revitalise aging office buildings, according to a new report from real estate firm JLL. The report, titled Opportunity through Obsolescence, sets out to highlight the challenges posed by outdated structures, increasingly stringent regulations, and shifting tenant preferences, but also identifies opportunities for property owners and cities to create long-term value through investment and adaptation. (more…)

That conversation about hybrid working? Same as it ever was

That conversation about hybrid working? Same as it ever was

The term hybrid working may only have been in widespread use for a few years, but the ideas behind it stretch back decadesRecently I wrote a short article based on a 1993 Architects’ Journal interview with IBM’s then design manager of property, Peter Wingrave. It reminded me how discussions about new ways of working – now including that neologism hybrid working – have been a constant throughout my career. In that interview, Wingrave is quoted as saying: “I think there are interesting times ahead for offices. We are already seeing the slow breakdown of the traditional office which people come to in the morning and leave at night…We would like our offices to catch the social spirit of an old gentleman’s club; you just pop in when you need to. You get more out of people that way… we’re lucky if our marketing areas are ever 40 per cent occupied … It’s crazy to build, run, heat, light and decorate a building as if people were there when 60 per cent of the time you know they are not”. (more…)

Is salutogenic design the next big issue for the workplace?

Is salutogenic design the next big issue for the workplace?

Colleagues talk in a bright and lively office design

A number of progressive workplace issues have crossed into mainstream thinking over the past few years, and perhaps none more so than biophilia. It is now a principle that has become an issue talked about in the mass media, as shown by a CNN interview with one of Europe’s leading proponents of biophilic office design, Oliver Heath. The interview explores how biophilia taps into our embedded love of nature to evoke certain behaviours and emotions. (more…)

Why does colour psychology make so much difference to us?

Why does colour psychology make so much difference to us?

In 2013, two Australian academics set out to discover the answer to a deceptively simple question. Why is there such a thing as colour psychology, but not shape, line or texture psychology? The answers they come up with are complex, arcane and wide-ranging but they manage to sum them up to some extent in the conclusion to the paper they published. “No other visual attribute shares such diverse representations”, they wrote. “Study into shape, line, and texture hardly competes. For this reason, there are no proportion-shape-line-texture prediction agencies, and chromotherapy is not challenged by proportion-shape-line-texture therapies. Colour remains special and, given its rich and complex heritage, is likely to remain so.” (more…)

How commercial property owners can boost revenues and occupancy in light of the Autumn Budget

How commercial property owners can boost revenues and occupancy in light of the Autumn Budget

The Autumn Budget is anticipated to introduce a series of tax increases that could directly impact commercial property ownersThe Autumn Budget is anticipated to introduce a series of tax increases that could directly impact commercial property owners, including changes to capital gains tax (CGT), national insurance contributions, and business rates. These changes could have a ripple effect across the property market, influencing both investment decisions and tenant demand. These are the key areas of concern for commercial property owners. (more…)

If firms want people to ‘return to office’, they should offer a better experience

If firms want people to ‘return to office’, they should offer a better experience

A new report from the British Council for Offices (BCO) argues that if employers want their staff to 'return to office', they need to approach the workplace in the same way they would their customers by creating spaces that offer experiences workers actively seek outA new report from the British Council for Offices (BCO) argues that if employers want their staff to ‘return to office’, they need to approach the workplace in the same way they would their customers by creating spaces that offer experiences workers actively seek out. The report, titled Towards Experience Utopia, claims to serve as a comprehensive guide for creating optimal working environments that integrate the best aspects of both remote and in-office work. Commissioned by the BCO Occupiers Group, which includes major employers like NatWest, PwC, Deloitte, and Goldman Sachs, the report highlights how the shift towards hybrid working has transformed the expectations of employees. (more…)

Bosses are too cocky when it comes to modern risks to their businesses

Bosses are too cocky when it comes to modern risks to their businesses

CEOs face sleepwalking into reputational disaster through over-confidence which masks inadequate crisis planning to mitigate modern day risksCEOs face sleepwalking into reputational disaster through a concerning over-confidence which masks inadequate crisis planning to mitigate modern day risks, according to a new report [registration] from PHA Group. The survey questioned 150 CEOs across the UK’s £240bn professional services sector on confidence and planning in navigating business critical issues. Examining issues from workforce management and whistleblowing to climate change and regulation, CEOs from law firms, insurance, finance and accounting, consultancy and recruitment conveyed confidence but also revealed a lack of investment and planning. (more…)

Design Guild Mark Awards calls for 2025 entries

Design Guild Mark Awards calls for 2025 entries

The Design Guild Mark has opened entries for the 2025 edition, inviting designers and companies to submit entries for three categories: furniture, lighting and interior elements.The Design Guild Mark has opened entries for the 2025 edition, inviting designers and companies to submit entries for three categories: furniture, lighting and interior elements. Entry is open to British designers working in the UK or abroad, and designers with UK based design practices. The Design Guild Mark is a non-profit award programme that was established in 2008 by The Furniture Makers’ Company to raise the profile of British industrial design and to recognise excellence in this discipline. (more…)

Two students just proved that Meta’s new smart glasses are not rose-tinted

Two students just proved that Meta’s new smart glasses are not rose-tinted

By combining smart glasses with AI and face recognition software, two students have exposed something troublingBe honest, did you smirk a little when everyone was posting their ‘legal’ message to Instagram? You probably saw it doing the rounds, after all it was one of the most viral trends ever posted on the app. Stories were flooded with a message reading “Goodbye Meta Al. Please note an attorney has advised us to put this on, failure to do so may result in legal consequences. As Meta is now a public entity all members must post a similar statement. If you do not post at least once it will be assumed you are okay with them using your information and photos. I do not give Meta or anyone else permission to use any of my personal data, profile information or photos”. (more…)

UK’s best workplaces honoured at BCO Awards. And the winner isn’t an office

UK’s best workplaces honoured at BCO Awards. And the winner isn’t an office

The BCO has announced what it says is a list of the UK's best workplaces this year, with eight projects receiving accolades at its National AwardsThe British Council for Offices (BCO) has announced what it says are the UK’s most exceptional workplaces this year, with eight projects receiving accolades at its National Awards. The TTP Campus, a life sciences facility in Cambridgeshire, was the standout winner, claiming both the Best of the Best and Corporate Workplace awards. The awards, held at the JW Marriott Grosvenor House in London, celebrate excellence in office design, operation, sustainability, and community engagement. The event, attended by over 1,200 industry leaders and featuring guest speaker Clare Balding, highlighted the best workplaces that inspire creativity and positively impact local communities. (more…)

Accessible and inclusive design should be a priority for the property market

Accessible and inclusive design should be a priority for the property market

The joint report, Inclusive Spaces and Places: A collaborative approach to inclusive design, highlights the urgent need for inclusive design in the built environmentGrosvenor and The Crown Estate have launched a new report that aims to shed light on the challenges faced by people with physical and hidden disabilities when accessing and working within buildings and public spaces across the UK. The joint report, Inclusive Spaces and Places: A collaborative approach to inclusive design, highlights the urgent need for inclusive design in the built environment, emphasising the barriers that prevent millions from fully engaging with public and commercial spaces as well as the potential societal and economic losses this results in. (more…)