November 15, 2022
A new US study conducted by IWG claims that employers view the hybrid working model as an essential part of their toolbox when it comes to recruitment, hiring and retention, with nearly 95 percent of HR leaders saying it is an effective recruitment tool. Released today, the ‘HR Leaders & Hybrid Working Report’ examines findings from a poll of more than 1,000 HR professionals at managerial and board level. (more…)
November 14, 2022
Research by ULI and PwC claims that nearly half of Europe’s real estate leaders are concerned about buildings becoming obsolete in the next five years in the face of long-term upheavals in demographics, climate change, technology and lifestyles. Most of the 900 or so industry leaders that participated are making long-term resources available to address the fit-for-purpose agenda. However, the challenging business environment has reshuffled priorities to financing and high construction costs, and scarcity of resources has made real estate renewal more expensive to achieve, consequently delaying much needed investment. (more…)
November 10, 2022
A new report from JLL claims that rising energy costs are expediting the move toward more efficient buildings. JLL’s Retrofitting Buildings to be Future-Fit research suggests that net-zero carbon (NZC) intervention measures directly impact a building’s bottom line and that failing to decarbonise leads to significant financial risk. For many buildings, meeting 2050 decarbonization targets put forward in the Paris Climate Agreement is grounded in retrofitting current spaces, which can also garner higher rents, reduce financial risk and generate higher occupancy rates and tenant satisfaction. (more…)
November 10, 2022
Havering Council has agreed to move forward with the £5.3bn East Havering project, which will bring Europe’s largest datacentre to the borough in Greater London, delivering a major piece of national infrastructure. The Cabinet agreed for the council and its prospective partner, Digital Reef, to continue to develop the proposals to bring forward the site. This decision means the Council in its capacity as Local Planning Authority can begin to take a view on the appropriate planning route for this project. (more…)
November 9, 2022
Fern is a new range of freestanding cabinets designed especially for the home by storage experts Bisley. With stylish utility at its core, the colourful capsule collection is elegant, flexible, functional and full of personality. The range, which is designed and made in Britain, reinvents traditional home storage formats of tallboys, linen presses, larder cupboards, credenzas and bed- or sofa-side cabinets in a no-nonsense, timeless aesthetic of hand-folded, vented sustainable steel. (more…)
November 4, 2022
Commercial Interiors UK, is to be the new name for the BCFA – the UK’s largest trade association representing the commercial interiors sector. Its 250+ members represent leading manufacturers, suppliers, and designers – all shaping inspirational commercial interiors internationally. The rebrand comes after an in-depth strategic review ensuring that this highly respected trade association continues to deliver unrivalled support to its members, addressing the business challenges they face, and in doing so, championing issues affecting the commercial interiors sector as a whole. (more…)
October 14, 2022
Occupiers 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…)
October 5, 2022
Sunderland City Hall was celebrated as ‘Best of the Best’ at the British Council for Offices’ (BCO) National Awards at the Grosvenor House hotel in London last night, also taking home the ‘Corporate Workplace’ award. The office was joined by six other award winners recognised as leading examples of excellence in office space across the UK. The BCO’s National Awards programme claims to recognises top quality office design and functionality and says it sets the standard for excellence across the office sector. (more…)
October 4, 2022
Reliance on a wise ‘guru’ leader or ‘hero CEO’ endangers progress in tackling the environmental crisis by shifting responsibility, according to a new report from CEMS. Instead, all leaders need to adopt a corporate culture of ‘collective’ responsibility, empowering all employees to make decisions with a generational outlook if real change is to take place. The new report – Leading for the Future of Our Planet – builds on findings from a CEMS survey of 4,206 professionals across 75 countries revealing that the environment is the single greatest concern facing modern-day business leaders, overtaking technological advancement. (more…)
September 22, 2022
Progress is being seen in some aspects of the built environment on the drive to be more sustainable, according to the latest annual sustainability report produced by RICS, however the rate of advancement needs to accelerate significantly and become more widespread. The 2022 RICS Sustainability Report, which collated sentiment from almost 4,000 chartered surveyor contributors, around 1200 of which are from the UK, across commercial and construction sectors globally, shows that some improvement in the push for sustainability has been made in the past year, notably in the commercial real estate sector as demand for sustainable commercial property continues to rise. (more…)
September 21, 2022
Real estate developer EDGE has announced the official opening of Valley, the high-rise designed by MVRDV, which was recently declared the world’s best new skyscraper by the Emporis Awards. The firm claims that the addition to Amsterdam’s business district will mark a shift in thinking for urban development as a whole, transforming the Zuidas district into a vibrant and lively urban quarter. The fully leased 75.000-square-meter development, was officially opened in the presence of Reinier van Dantzig, Alderman for Housing and Urban Development, Municipality of Amsterdam, the Board of RJB Group of Companies, Winy Maas, Founding Partner at MVRDV, Coen van Oostrom, Founder & CEO of EDGE and all parties involved in the project. (more…)
September 9, 2022
As businesses continue to evolve their workplaces to best meet the needs of their employees, JLL’s global Future of Work Survey claims that 72 percent of decision makers believe the office is critical to doing business. The research shows that over the next several years companies anticipate hybrid work to become the dominant model and will be looking across their real estate portfolios to re-think their office spaces, invest in new technology, including virtual offices, and prioritise sustainability. (more…)
