November 1, 2018

CBRE launches its offering for the flexible office sector

by Mark Eltringham • Company news, Property

CBRE, one of the world’s largest commercial property firms has launched a flexible office service that will compete with groups such as WeWork and IWG, who own the Regus brand, for corporate tenants. The company has appointed a former Zipcar executive, Andrew Kupiec, to head Hana, a new wholly owned subsidiary that will operate flexible offices aimed mainly at larger corporate clients. Unlike its competitors Hana will not lease office spaces from landlords; instead, it will partner with them through joint ventures.

November 1, 2018

Channel 4 confirms Leeds as National HQ with Bristol and Glasgow as Creative Hubs

by Mark Eltringham • Cities, News, Property

Channel 4 has confirmed that Leeds will be the location of its new National HQ with Bristol and Glasgow as the locations of its two new Creative Hubs. Channel 4 announced its 4 All the UK strategy in March 2018, the biggest change to the structure of the organisation in its 35-year history. At the heart of it is a significant increase in the organisation’s Nations and Regions content spend – from 35 percent to 50 percent of main channel UK commissions by 2023, worth up to £250m more in total.

October 31, 2018

What is in a name for the UK facilities management sector?

by Jo Sutherland • Comment, Facilities management

Westminster. Home to fiery debate, unwavering scrutiny, calls for change, and cries of “Order! Order!”. Once again, RICS’s HQ, on Parliament Square, was jam-packed with a passionate and feisty crowd, panellists and audience alike, all set on pushing the industry conversation forward. While some were keen to maintain order during FMJ’s most recent RICS-IFMA debate concerning facility management’s place in the 21st century, others were set on redefining FM in order to pinpoint what this yet unestablished definition means for the future of the profession.

October 31, 2018

Top global industries leading the way in remote work

by Neil Franklin • Features, Flexible working, Property

More business owners are swapping rigid 9-5 schedules and traditional office environments in favour of flexible space and remote work as an option for saving costs, retaining employees and encouraging a healthy work-life balance. With this in mind, Instant Offices has investigated what industries are leading the way for remote working and how to overcome the typical challenges of managing a remote team.

October 31, 2018

Business leaders agree that organisations must be digitised to compete

by Sara Bean • AI, Facilities management, News, Technology, Workplace

Over two thirds (67 percent) of business leaders agree their company must become significantly digitalised by 2020 to remain competitive, and they are looking for HR leaders to lead the transformation. This is according to Gartner, Inc whose latest research suggests that CEOs are sharing their focus on digitalisation with their investors; with mentions of “digital” on earnings calls increasing by 20 percent year-over-year since 2010. CEOs are seeking ways to keep costs down while achieving gains in efficiency and productivity, and the HR function is expected to lead digital transformation efforts across their organisations. More →

October 30, 2018

The workplace world responds to the UK Autumn Budget

by Mark Eltringham • News, Property, Workplace

Yesterday, the Chancellor Philip Hammond announced the details of the UK government’s latest budget. While Brexit and austerity inevitably cast their shadows over the whole thing, there were a number of announcements relevant to the workplace, construction, tech and built environment sectors, some of which have been broadly welcomed by commentators, industry bodies and experts. Some are decidedly less popular. Among the announcements in the budget were new plans for infrastructure and property, skills and training, tax regimes for the self-employed, productivity, business rates and mental health.

October 29, 2018

Majority of maternity returners say they lack support when they go back to work

by Neil Franklin • Flexible working, News, Wellbeing

Lack of support for maternity returners among UK businesses has been uncovered in a new survey of professional, mainly management-level women. More than four fifths of pregnant women begin their maternity leave unhappy and lacking in confidence about work – and over a third feel so isolated when they return that they want to hand their notice in. MMB, a working parents’ website, surveyed more than 1,000 mothers, 72 percent of whom were in jobs at management level or above.

October 24, 2018

Commercial property uptake shows finance sector remains committed to London

by Neil Franklin • News, Property

Undeterred by political and economic headwinds in recent years, London remains a world leading financial centre and is by far the most active centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. The industry contributed £119bn to the national economy (7% of UK GDP) – half of this was generated by London, where it accounted for 14 percent of the city’s economic output.

October 24, 2018

Central London office market maintains sustained levels of demand

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

London’s office market continues to attract occupiers and investors, despite political and economic uncertainty JLL’s recent Central London offices seminar revealed. The event highlighted the strength of the capital’s office market where Central London has seen sustained levels of both leasing and investment activity so far in 2018 and JLL anticipates that the final numbers will match, if not exceed those recorded in 2017. Take-up of offices across Central London reached 8.3m sq ft at the end of Q3 2018, with 3.1m sq ft leased in the West End and 4.5m sq ft in the City.

October 24, 2018

Two fifths of new recruits don’t have the right soft skills for the job

by Sara Bean • News, Workplace

Two-fifths of job-seekers are being hired into new roles only to discover they have the wrong soft skills for the job. This means over half are leaving companies because their personality or work style didn’t fit, claims news research published by HireVue. The 53 percent of those who had left for this reason saying the format of the hiring process had prevented them from discovering the mismatch earlier. While four-fifths (82 percent) of candidates are confident in their ability to articulate their soft skills and personality traits in an interview, many doubt that pre-hire assessments can showcase these important attributes. More →

October 23, 2018

Cultural attitudes define the race for 5G connectivity as Germany and Holland inch ahead

by Mark Eltringham • News, Technology

New research commissioned by international law firm Osborne Clarke claims that businesses in Germany and the Netherlands could be leading the global race to embrace next-generation 5G connectivity. The Next Generation Connectivity research of executives and managers from 11 countries, conducted by the Economist Intelligence Unit, also claims that approaches and attitudes to adopting connectivity vary country to country. This, Osborne Clarke says, could hinder future opportunities.

October 22, 2018

Nearly a quarter of London office take up is in financial sector, says CBRE

by Sara Bean • Facilities management, News, Property

Despite political and economic uncertainly and the aftermath of the global monetary crisis in 2008, London remains a leading global financial centre, with nearly a quarter (24 percent) of the capital’s office take-up attributed to banking and finance occupiers over the last ten years. London is by far the most active banking centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. More →