Search Results for: values

Green shoots detected for UK regional office rental markets

by • Facilities management, News, Property

Signs of recovery in UK regional office markets

There is evidence of improving fortunes for the UK’s regional office markets, latest figures suggest. CBRE has revealed national rental value grew by 1.7 per cent over the second quarter of this year with offices across all UK regions performing well, and none recording a drop in rents. The highest rate of rental growth over the last twelve months, as we reported earlier this month remains that of Central London at 5 per cent (and 1.7 per cent for the last quarter), but a number of the regions outside London and the South East have started to record rental growth for prime offices, whereas until recently the general trend has been down.

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Two thirds of UK managers complain of unethical demands by employers

by • Knowledge, Legal news, News, Workplace

Employee’s beliefs can differ from that of their employers, and that can cause them to face an ethical dilemma. Take yesterday’s news reports of an ex-CIA operative who alleges that the data-gathering centre GCHQ circumvented the law to gain information on UK citizens, or the recent (rejected) claims by three British Christians to the European Court of Human Rights in Strasbourg who argued their religious rights where being violated by their employers. Following the banking scandals, public expectations on business ethics have risen over the past few years, but are CSR policies being put into practise? It seems doubtful, as new research by the Institute of Leadership & Management (ILM) and Business in the Community (BITC) reveals that nearly two thirds (63 per cent) of managers have been expected to behave unethically at some point in their career.

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Crown Estate in £320m joint venture to redevelop area around Regent Street

by • Company news, News, Property

St James Market architect's impression-2

The Crown Estate, which manages the Queen’s property portfolio has announced a joint 50/50 – £320 million venture with Canadian real estate company, Oxford Properties. The Crown Estate, which will retain the freehold and take the lead role in the development says the St James’s scheme will provide 210,000 ft2 of prime office and 50,000 ft2 of flagship retail and restaurant space in two blocks located between London’s Regent Street and Haymarket. The project forms part of the Crown Estate’s ten-year investment strategy for St James’s and will transform a run-down back street service yard and taxi ‘rat-run’ with: “a fantastic new amenity for St James’s, revitalising half and acre of public realm and creating a new 10,000 ft2 pedestrian square for world-class business, shopping and dining.” (more…)

UK employee engagement and productivity lags behind most of world

by • Knowledge, News, Workplace

UK employee engagement and productivity lags behind most of world

You might regard the concept of employee engagement as just a new way to describe industrial relations, but there is a growing body of research that UK employers need to do more to keep their employees on side. According to the latest missive, low employee engagement and lagging productivity is the greatest employment challenge facing UK business in 2013. Global research by Right Management  found that this was the key concern for one in three (31 per cent ) employers compared to a global average of just one in five (21 per cent ) HR professionals, suggesting that after years of economic uncertainty and doing ‘more with less’, the UK workforce has reached a productivity impasse. (more…)

JSA launches latest league table of European office furniture companies

by • Company news, Furniture

EU FlagAs the world gets smaller and the communications revolution continues apace, one relatively unnoticed casualty is the design individuality of offices. Time was when you could walk into an office and the furniture would tell you whether you were in Paris, Frankfurt, New York, Milan, Moscow or London. The colours, shapes, materials, construction and image of the furniture were all very local, almost parochial. Who could fail to be struck by the muddy oranges and greens of a French office? Or the inevitable mahogany or teak real wood veneers used in the UK? The panels, worksurfaces and storage units which made up US cubicles were rarely seen outside North America and the massive, dark wood desks and cabinets in Central European deliberately overawed visitors and staff alike.

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BIM provides opportunities for the built environment finds report

by • Architecture, Facilities management, Knowledge, News, Public Sector

BIM provides built environment with opportunities for growth

Building Information Modelling (BIM) will raise productivity, provide better buildings, faster and cheaper and represents opportunities for the built environment to become a powerful international player. This is according to a major new report, Growth through BIM produced by Richard Saxon, the UK Government’s BIM Ambassador for Growth who concludes: “No wonder it has been mandated as government policy“. The Built Environment sector, for the purposes of his report, is defined as Property, Construction and Facilities Management, which accounts for about 15 per cent of GDP, and which he describes as: “an enabling sector, facilitating the performance of most other sectors”. (more…)

Global coalition to create universal standard of property measurement

by • Architecture, Facilities management, News, Property

Global coalition to create universal standard of property measurement

The world’s leading property institutions meet today to create a universal method of measuring property assets. At present, the way property assets – such as an office development is measured, varies widely from country to country. With so many different methods of measurement available, it makes it difficult for those looking to invest in these developments to compare like with like. This confusion can affect property values, lead to errors in financial reporting and, consequentially, undermine market confidence. Headed by RICS, this initial meeting of the International Property Measurement Standards Coalition (IPMSC) is the first step to delivering this consistency.

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Report claims empty offices could provide 11,500 homes

by • Knowledge, News, Property

Empty officesAccording to new research from Lambert Smith Hampton, there is nearly 12m sq. ft of obsolete office space in the UK’s regional markets which the firm estimates could yield as much as 7.4m sq. ft. of space suitable for conversion to residential use under the Government’s controversial new planning rules. The researchers claim that this equates to approximately 11,500 new homes. The government has relaxed the planning systems in the UK to encourage developers to shift the use of space although critics have argued that this may serve to distort the market for property in some areas as residential properties are potentially more lucrative than commercial properties.

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Will an upturn spark a revival of interest in the idea of employer branding?

by • Facilities management, Technology, Workplace, Workplace design

Employer brandingYou may recall that a few years ago there was a voguish interest in the idea of employer branding. This is the kind of thing that has always gone on but can always be defined and popularised,  in this case following the publication of a book on the subject in 2005. By 2008 Jackie Orme, the head of the Chartered Institute of Personnel and Development, was calling it ‘an integral part of business strategy’. Still, it appears to have dropped off the radar a bit over the last few years, a fact we might put down to the effect of the recession. Firms certainly seem to have their mind on other things. Research published last year by PriceWaterhouseCoopers showed that  in 2009, 54 per cent of businesses said they placed a special focus on retaining talent. By 2012 that had dropped to 36 per cent.

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Our hardwired response to patterns can be a useful trait for designers

by • Comment, Facilities management, Workplace design

Our ability to recognise patterns is hardwired. We instinctively and often unconsciously look for patterns everywhere. Where none exist we often impose them, grouping things  together according to their colour, shape, texture, number, taste, smell, touch or function. We do this to make sense of the world and to understand what goes on around us. And conversely, the patterns we perceive influence the way we think and how we feel. It was the psychologist Carl Jung who first explained how the innate human ability to recognise patterns is rooted in the need for primitive humans to perceive patterns in the world around them as a way of identifying threats.

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$16m revamp of High Commission in London to showcase Canada’s identity

by • Architecture, News, Property, Workplace design

Canada HouseAs part of the Canadian government’s consolidation of its diplomatic mission in the UK, it has put up for sale MacDonald House in Grosvenor Square in London and will look to develop its other main building Canada House in Trafalgar Square. MacDonald House was formerly the American Embassy until 1961 and the Canadian Government has been looking to consolidate its operations for a number of years. As well as moving its functions under one roof, the Government has earmarked $16 million for a revamp of Canada House which will also be designed to showcase Canadian values and know-how.

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Time to mothball facilities management’s stuffed shirts

by • Comment, Facilities management

Stuffed ShirtMuch hand-wringing and angst in the world of Facilities/Workplace Management at the moment. The usual existential paranoia about relevancy and the need for a seat at the top table; the search for differentiation when pretty much the whole industry does the same things in the same way; hoping to standardise as much as possible under the guise of best practice and looking for ways that add value that won’t put a further pinch on already tight margins. As ever, new legislative and regulatory frameworks will keep the talking heads occupied and BIM (and other new tools) will continue to keep the cash tills ringing at software companies.

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