Search Results for: values

Plans to convert offices may undermine innovation and growth

by • Comment, Legal news, Property, Public Sector, Workplace design

Old Street roundabout regenerationWhatever they might think, Governments don’t have a natural propensity for joined up thinking. Nor do they have a natural affinity with small businesses, especially those that emerge in non-traditional sectors. Governments may like to claim they can display both of these noble values, but experience tells us different. One thing they are prone to, however, is a frequent ability to fall victim to unfortunate juxtapositions of complex events that throw their inherent weaknesses into sharp relief.

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Happiness levels in UK workplaces growing, says Government.

by • Knowledge, News, Public Sector, Workplace

smiley faceThe general level of satisfaction in the UK’s workplaces has increased significantly in spite of ongoing economic uncertainty according to a report from the Government published yesterday. The study of more than 21,000 employees, found that job satisfaction levels actually increased in 2012 with a fifth (20 per cent) of employees either ‘satisfied’ or ‘very satisfied’ with all aspects of their job, compared to just 16 per cent in 2004 when the survey last appeared. The report also showed that levels of commitment to individual employers had also increased over the same period, with the proportion of employees who said they shared the values of their organisation up from 55 per cent to 65 per cent. (more…)

Europe’s commercial property investors opt for safe cities

by • News, Property

German cities dominate the investment prospects for Europe’s commercial real estate sector as investors favour safe havens according to a new report – Emerging Trends in Real Estate Europe 2013. Munich tops the league table followed closely by Berlin in second place and Hamburg in fifth position, with investors taking comfort from each of the cities’ strong local micro-economic climate and resilient property market conditions. London, which is seen by many as Europe’s safest investment, is the largest riser in this year’s report taking third position.  (more…)

Green retro fitting a ‘best bet’ for 2013

by • Environment, News, Property

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Refurbishing existing buildings to new standards and turning them into good green assets has been identified as one of the best bets for the property sector in the year ahead, according to new research from the Urban Land Institute and PwC. The survey of industry leaders across Europe found the move to ‘reactivate assets’ – refurbish good properties with green credentials – is taking hold. Sustainable properties are increasingly commanding higher rents and values, as governments move to force companies to increase building’s energy efficiency and reduce their environmental footprint.

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Job fulfilment, not pay, motivates Generation Y talent

by • Knowledge, News, Workplace

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Today’s 20-to-30-something workforce, representing the management class of the future, values job fulfilment over financial reward, according to research by the iOpener Institute, which analysed responses from over 18,000 professionals. The study shows that Generation Y, the digital cohort born after the early 1980s, are motivated to stay with their employer, and to actively recommend their organisation to friends, by the level to which they are fulfilled in their job, rather than their levels of pay. (more…)

Appetite for long leases presents challenges

by • Property

The news from the weekend that Axa Real Estate is looking to raise around £1bn  to invest in buildings with very long leases has resparked the debate into what sort of lease represents the best value for investors and tenants in these uncertain times. The new fund will target commercial properties with minimum twenty year leases even though investors have to pay a premium for such properties and the majority of occupiers don’t want them. (more…)

Regional slump responsible for overall UK property fall

by • News, Property

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The New Year starts with news from Chicago based property broker Jones Lang LaSalle that investors spent some £ 30 billion on  income generating property in the U.K. during 2012, about 9 percent less than in 2011. However there was a marked disparity between the London market and the rest of the UK. London deals totaled £18 billion in 2012, the highest figure for four years, while purchases outside the capital reached 12 billion pounds, the lowest amount over the same period. (more…)

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