Capital’s boom economy key to Workspace rise June 3, 2015 PROPERTY rental group Workspace reported expectation-beating growth yesterday as the London’s booming business community sent profits up over 40 per cent. In addition, the firm announced a new acquisition to its burgeoning portfolio of prime london properties with the purchase of Angel House for £44m. Workspace recorded growth across the board with total net rental [...]
The tech changes every office needs: Get rid of fixed desks and invest in meeting room management June 1, 2015 Insisting on traditional desks and not quantifying use of space will hit your business financially. Companies are facing a real headache trying to make the most of their space and turn it into a modern, workable office. With the cost of space continuing to rise, it is vital that they can make every inch [...]
Reports reveal services leading the UK recovery – London Report May 31, 2015 THE UK service sector is once again expected to be the star turn as purchasing managers (PMI) reports this week show continued economic growth. Figures due out on Wednesday are expected to show the sector held up well in May, remaining stable at 59.5 (with 50 and above denoting growth) after rising to this level [...]
Workspace acquires Amnesty building in Clerkenwell for £17m May 27, 2015 SMALL business landlord Workspace has bought human rights charity Amnesty International’s offices in Clerkenwell for £16.55m. The FTSE 250 company said yesterday it has exchanged contracts with Amnesty to buy 25 & 28 Easton Street, bolstering its presence in Clerkenwell, where it already owns a cluster of buildings. The site near Exmouth Market consists of [...]
Banking brain drain: Why finance risks losing its best talent to the FinTech sector May 27, 2015 Britain's FinTech sector is a particularly bright spot in the UK’s recovering economy. Investment in London FinTech grew by 136 per cent last year, with the capital receiving 42 per cent of all European FinTech investment in 2014. But one less-discussed aspect of this is the potential impact on talent within the wider financial services [...]
Taking off: London City airport’s £16m lounge revamp May 26, 2015 London City airport, a favourite with travellers who abhor long check-in queues, snaking lines for security checks and yearn for a respite from traditional public lounges, is giving a £16m revamp to its western pier which houses 70 per cent of the departure gates. New shops, restaurants and watering holes, quiet areas with mobile-device charging [...]
The workplace designs that combat ageism: Floating desks and a paperless environment won’t suit the whole team May 14, 2015 There has been much hype recently about what makes an office “cool”. Respondents to a survey from a design company ranked a slide, personal barista and a puppy/kitten room as the top three “cool” requirements. These may appear on the wish lists of so-called millennials, but are they likely to represent the views of employees [...]
British Land profits lifted by lucrative London property market May 14, 2015 The figures: British Land said that underlying profit before tax rose 5.4 per cent to £313m for this financial year, up from £297m a year earlier. Diluted underlying earnings per share rose 4.1 per cent to 30.6p, an increase from 29.4p in 2014. The developer's total portfolio valuation rose by 12.1 per cent to £13.63bn. This was [...]
Serviced offices march on London as smaller firms embrace temporary workspaces May 12, 2015 The number of landlords providing temporary workspace in London has boomed over the past decade, fuelled by small-to medium-sized businesses avoiding burdensome leases in favour of more flexible and creative offices. The serviced office market has grown by 67 per cent over the last 10 years and now comprises of five million square feet across [...]
How to build workplaces fit for Generation Y April 16, 2015 You don’t need the budget of Google to ensure your office attracts new talent. The UK population is ageing, and as older employees edge closer to retirement, the less influence they will have on how the workplace of the future is shaped. Instead, it is Generation Y – those under the age of 35 – [...]