Entrepreneurs are set to be offered empty government 
office space.
The space will be offered to the SME’s on a one year lease under the ‘Business for You’ scheme.
David Cameron has announced the details for a new campaign that will see empty government office space being made available to Small-Medium Enterprises.
The space will be available under a one year lease and it is expected that more than 300 offices will be put on the market and will be available to entrepreneurs. (more…)
Research suggests half of the office space in Birmingham is low quality secondary.
DTZ also predicts that grade C availability will increase in some regions.
Research has shown that half of the office space in Birmingham is at grade C level.
The research by DTZ states that of the 15.4m sq ft of space that the city has, 50% is poor quality secondary space. (more…)
Take-up of Leeds City Centre office space increased last year.
The amount of leases secured increased for the whole year as well as Q4.
Leeds City Centre saw an increase in the amount of office space being taken up in 2011 it has been revealed.
According to the Leeds Agents’ Forum the amount of take-ups increased by 40% on the previous year, with the amount of office space being leased in Q4 rising to 87,050 sq ft. (more…)
The rate of office space take-up in Manchester City Centre has decreased.
Figures by the Manchester Office Agent’s Forum state that the City Centre did not perform well, but South Manchester did see a slight increase in take-up.
Office space take-up in Manchester decreased last year and even fell below the 10 year average according to new figures.
The figures, revealed by the Manchester Office Agents Forum (MOAF), stated that just 700,000 sq ft of space was let last year, down 600,000 sq ft from 2010′s figure of 1.3m. (more…)
Some government buildings have been empty for over a decade according to a report.
The empty office space is said to be costing the taxpayer thousands.
It has been revealed that some government buildings in the UK have been empty for up to 13 years in some cases.
According to the Coalition’s ‘transparency drive’ more than 456,000 sq m of space, spanning 550 sites across the country are vacant including areas of Buckinghamshire. (more…)
Office workers turn to alcohol to cope with job stresses.
Employees are suffering from extended hangovers after going on weekend binges.
A new report has suggested that office workers are suffering from two-day hangovers after binge drinking at the weekend to deal with their workload.
The study outlined that workers start drinking on a Thursday night through to Sunday evening, resulting in longer hangovers that can last until Tuesday afternoon.
(more…)
New research shows that Grade C office space exceeds that of A and B.
The low quality secondary space takes up over two-thirds of the total UK market.
Research has shown that grade C office space in the UK exceeds that of grade A and B, accounting for around 70% of total space.
The research by DTZ shows that there is around 721m sq ft of office space which is poor quality secondary space and highlights significant variations of grade C space across the UK market. (more…)
A property investment company has secured a major Surrey business park deal worth nearly £40 million.
Rockspring have acquired Mole Business park a 245,000 square foot site in Leatherhead, Surrey.
Rockspring Property Investment Managers, on behalf of Rockspring Hanover Property United Fund, has acquired 245,000 square feet of industrial and office space in Leatherhead, Surrey with the acquisition of Mole Business Park for £38,135 from Hermes Real Estate Investment Management.
(more…)
A new study has shown that employees favour ‘homely’ working conditions over reliable equipment.
A BCO office poll reveals figures that may surprise employers who think they know what their staff want went it comes to office expectations.
A new study released by the British Council for Offices has revealed that only 20 per cent of office employees work from home, damaging the popular myth that a conventional office is the thing of the past.
The poll carried out by YouGov of 1,000 office workers found that employees greatly value the social benefits that working in a communal space brings.
(more…)
Technology giant Accenture is moving from its current location in Newcastle-upon-Tyne to a larger premises in the city.
Accenture is to move from its current location in a converted hospital building in Newcastle-upon-Tyne to a larger base, after creating more than 50 jobs in the last year.
The world’s biggest global management, technology consulting and technology outsourcing firm Accenture, which last year turned over $25.5bn is to move from its current based to a large office space in the Jesmond distract of the city. Accenture opened its current operation 15 years ago to handle part of the UK technology consultancy service business, it originally focused on business in the North of England and it now employs 205 staff, having taken on nearly 70 staff in the past year alone.
(more…)
