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JLL report finds $1 trillion global investment needed to revitalise office space at risk of obsolescence

JLL’s latest research “Opportunity through obsolescence,” has revealed that of the 776 million square metres of existing office space across 66 markets globally, about half of that space, or 322-425 million square metres, is likely to require substantial investment to ...

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BCO names winners of the NextGen Awards 2024

Young professionals in the UK’s commercial property sector and their best achievements have been recognised at the annual British Council for Offices’ (BCO) NextGen Awards ceremony. The NextGen Awards are a key part of the BCO’s NextGen programme, a dedicated ...

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UK commercial property market continues to exhibit a relatively underwhelming performance

The commercial property market in the UK is still seeing an underwhelming market backdrop, according to the Royal Institution of Chartered Surveyors (RICS) UK Commercial Property Monitor Q3 2024. Some of the positivity seen in the last quarter has been ...

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BCO names the UK’s Best Workplaces

The British Council for Offices (BCO) has crowned the nations most outstanding workplaces at the BCO National Awards held at the JW Marriott Grosvenor House, London. The awards celebrated designs that demonstrate and drive best practice in office design, fit-out, ...

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London businesses could save £24k per annum by relocating their office to a different borough

London firms could save up to £2,000 a month by changing their office location, according to a new study by office interior design and build firm, Peldon Rose. With more companies adopting hybrid work, finding affordable yet functional office space ...

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Corporates leading flexspace revolution across EMEA

The corporate world is driving a profound transformation in the flexible office space sector, according to a new report ‘Flexpansion‘ by global property management and investment firm, Colliers. Major companies like HSBC, KPMG, and Microsoft are embracing flexible office solutions, ...

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Office Farms contribute to BREEAM & WELL Scores, enhancing commercial value

Square Mile Farms in collaboration with Hollen+ have created a model that rapidly shows the areas where an experiential office farm can contribute to elevating accreditation scores for a small capital investment and substantial ROI. Market data shows that buildings ...

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Spaces to Places unveils first London Flex Brand Index

Flexible space marketing and consultancy agency, Spaces to Places, has undertaken rigorous analysis of the London flex office market to understand the role brand plays in success for the first time. Published on Monday (23 September), its inaugural report assesses ...

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UK’s first 5.5 star rated NABERS UK building completes

11 Belgrave Road in London Victoria, the UK’s first building to achieve a NABERS UK Design for Performance 5.5-star rating for building efficiency has completed. The 150,000 sq. ft net zero carbon workplace, developed by global real estate development, investment ...

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BCO appoints chair of its Northern chapter

The British Council for Offices (BCO) has appointed Alex Stork as Chair of its Northern chapter. He takes over the position from Jon Moister, Executive Director of Curtins, who held the role since the end of 2021. Previously Vice Chair ...

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