Aukett Swanke’s Post

💡 Finding an #office is not always just about the workspace itself... Choosing the right #Landlord can be key to unlocking a working environment that improves well-being and cultivates a culture to be proud of. The Bedford Estates offer its' occupiers access to private gardens like Russell Square and Bedford Square, for example. Learn more about The Bedford Estates and its' offering in the short clip below #WorkSpace #WellBeing #WC1 #Bloomsbury

MCM’s Director of Consultancy Graeme A. Hart will be taking to the seminar stage at the British Council for Offices Conference in Birmingham on Thursday 23rd May with two sessions at 2pm (S2a) and 4pm (S2b). Culture Shaped Workplace, the Future of the Office – Register with BCO to attend. A company’s culture is intrinsic to their values and often a core part of their identity. The physical working environment we create intends to create better spaces. As employees are more selective about the type of companies they work for, where they work, and how they engage; a supportive and inclusive company culture can be vital to attracting and retaining talent, but how can the office of the future physically evolve to meet the needs of individuals whilst designing for the whole? #BCO #BCOConference #MCM #InteriorDesign #Architecture #Consultancy #PeopleBeforeSpace

"To the east, my brother, to the east" (a little X Clan reference there for my hip-hop heads) London’s Square Mile registered its highest proportion of office take-up in the capital in three years during the start of 2024, as occupiers look to the east for their new homes. The City of London captured 55% of the total space leased during Q1, the submarket’s highest quarterly share in three years, according to a new report from occupier-focused agency Devono. “This highlights the continuation of the flight eastwards that we have noted previously among occupiers, especially considering that only 21% of the space taken in central London this quarter was in the West End, its lowest quarterly share since Q4 2016,” said the team at Devono. The shift east was further proven by a 93% quarter-on-quarter lift in Docklands. “The market continues to look to reposition itself in the wake of news that key tenants will be leaving the Wharf over the coming years, and such repositioning and cost-effective rents could well draw in more businesses,” the agency said. More here in EG. https://lnkd.in/eDH49-ft

It’s been a great first half of 2024 for our UK property business, with demand for high quality workspaces and the successful launch of our flexible office portfolio driving office occupancy to a post-pandemic high of 99%.   Retail and Leisure leasing has also thrived, with 64 leases signed across all sectors, 60% can be attributed to the sector. Robust performance across all sectors has brought our overall portfolio vacancy to 97%, covering 127,000 sq. ft.   We're planning to invest £1.4 billion in London over the next 10 years, including a £90 million commitment to retrofit, ensuring our spaces are both sustainable and cost-effective. Read more here: https://bit.ly/3A0ysFn. #RealEstate #London #OfficeSpace #Grosvenor #Sustainability #Investment #FlexOffice 

The final stop on the CoreNet Global Australia Chapter State of the CRE Market tour – Melbourne. With panellists Jessica van Raay of JLL and Cameron Philippe Douglas Perrine of CBRE, the conversation brought to light the challenges the Melbourne market faces as vacancy increases. Read about it below. #cngau #CREview #melbourne #market #vacancy #commercialrealestate #realestate #challenges #cre #panel #australia

Early start today attending the Property Council of Australia Queensland Office Market Report Breakfast. It was a fascinating event with lots of knowledge shared by the panel. Here are my key takeaways from the event: - Investment in Road Transport: Crucial to future-proof growth. - Major Growth Predicted: Specifically in the donut (5-10km) radius around Brisbane. - Skills Shortage: Qld currently has current lack of trade skills to keep up with the development pipeline. - Office Supply: Long-term lack of supply doesn’t attract new tenants for A and B grade offices- specifically for tenants coming from Sydney and Melbourne markets. - Lease Renewals: Tenants are opting to renew leases due to a lack of capital for moving offices and high construction costs. - Capital Allocation: Capital is being directed towards hotels and accommodation, especially with the Olympics on the horizon, rather than office fitouts. - Office Fitout Trends: Focus on collaboration spaces, flexible floor plates, and environmental considerations like reducing landfill waste and carbon footprint mandates for the future. Exciting times ahead for the Brisbane property market! Did you attend the breakfast this morning? I'd love to hear your thoughts below... #PropertyCouncil #Queensland #OfficeMarket #KeyTakeaways #FutureGrowth #Development #Trends #Environment #CollaborationSpaces #Brisbane #Investment

Catching up on reading some of this year’s key reports, I was thinking about the British Council of Offices (BCO) updated specification from spring 2023. In particular, the BCO has updated its guidance on space allocation and density which has been increased from 8 sq.m to 10-12 sq.m. for one person’s workspace. The guidance also includes expert advice on how designers can create healthier offices that support changing working patterns. As facilities manager, we think hard about how we can provide a high-quality environment that maximises health and wellbeing and yet also contributes to productivity. Having great communal areas and access to natural light and places to make a private phone call are all important in serviced workspaces as is effective air handling, ventilation and means of preventing thermal gain, particularly in south facing locations. These can all be managed by both effective design specification (which is what the BCO is trying to address) but also by effective facilities management.  This is all facilitated if the design specification reflects these key issues from the outset. But our objective is to go beyond the delivery of safe, comfortable and productive places of work. At Creative Space, we want to ensure that our business communities have all of this as well as an environment in which their business is more likely to grow, where they are more likely to hire new staff and where the impact of their supply chain has a directly beneficial impact on the South Yorkshire economy. Where assets are held by local authorities, they need to be both exceptionally well managed but also adding value to the social and economic objectives of their communities. Through our work we aim to demonstrate that not only are the buildings we operate exceptional places to work, but they will have a measurable impact on the sectors and business communities that our clients have committed to support. The effective management of economic development assets needs to include the planning and delivery of events; to communicate in collaboration with their occupiers, to create opportunities for their suppliers and clients and to act as a facilitator, ultimately succeeding when occupiers outgrow the nurturing and supportive environments that we provide. So whilst we are also aiming to provide the optimum physical conditions for people working in our buildings we are also seeking to ensure that buildings such as Electric Works leverage maximum impact on behalf of our stakeholders. #Facilitiesmanagement #economicdevelopment 

So many cities need to really consider this pathway as it ticks so many boxes: ✔ Repurposing stranded office towers ✔ Reusing existing structure and saving upfront carbon emission, and most importantly, ✔ Providing another avenue to quickly deliver affordable housing Have a read through our latest white paper on transforming office spaces to housing for all the opportunities and challenges associated with the conversion. ADP Consulting Pty Ltd Alex Sear

And just like that...we have yet another new location in #Scotland 🏴󠁧󠁢󠁳󠁣󠁴󠁿for International Workplace Group plc This one more importantly is a beautiful addition to our network which has been thoughtfully developed and carefully operated to an exceptional standard in the past 3 years in the city of #Dunfermline by our latest new partner...we are very lucky to have this on board and I believe it will be a great addition, building on the outstanding work delivered already 👏🏻👏🏻👏🏻 We will transform this existing workspace into a new HQ-branded flexible workspace centre. The building is in the city centre, with adjacent car park, close to shops, restaurants, coffee shops, and easily accessible by bus and bicycle pathways. The city of #Dunfermline is yet another new city in #Scotland added to our network in 2024 📍 I cannot wait to see how #HQTheHiveDunfermline gets on, it is a lovely building, its got great workspace, excellent service options for clients and has been so well thought through since day one that its going to have really strong appeal to anyone looking for quality #FlexibleWorkspace in Dunfermline. Please get in touch to find out more about how working with #IWG can help transform your property. 📲 07464 905 135 📧 John.Bloomer@iwgplc.com #IWG #NewHQ #NetworkGrowth #PartnershipGrowth #FlexibleWorkspace #Dunfermline Julian Chambers Santino Colaluca Wayne Berger Iain Winton Karen Anderson Samuel Connell-Dunn Craig Lachlan Kyle Whittle Alison Fay Niamh Crowley Jon Horwood Ben Palmer Sean Power Patrick Ettore IWG continues to sign record-breaking numbers of partnership agreements with building owners in the UK and around the world to turn empty building space into profitable income-generating flexible workspaces. Reach out to me directly or visit our website to find out how you can partner with us. https://lnkd.in/eUHEd6HT

Vancouver will continue to be impacted by macroeconomic trends that have slowed leasing velocity, however, as the economy is expected to improve in late 2024 and into 2025, a dwindling development pipeline and stronger leasing activity should lead to falling vacancy and availability, especially in the Downtown Core.