Top 5 Trends in Commercial Real Estate in 2020
2020 has been a tricky year for the commercial real estate (CRE) industry. Office-based companies have switched to remote working, with some even making the permanent shift to keep overheads down.
Crafting the perfect rental advert can be difficult. You’ve secured a fantastic property and completed renovation work; now you just need to find a tenant. But there’s a huge number of commercial lets on the market, so how can you make sure yours cuts through the noise?
Our environment can have a huge impact on how we feel, interact and work. By making a few strategic changes, employers can maximise their workers’ creativity throughout the day. But this isn’t the only benefit; having a more ‘creative’ space can do wonders for employees’ mood, mental wellbeing and job satisfaction.
Moving to a new office can be a stressful experience; it’s never just about hiring removal workers to transport your furniture and equipment. From booking an office cleaning service to notifying clients, setting up utilities to reserving temporary storage space, there are many tasks to complete as you prepare to make the move.
Whether your office lease is up, you’ve outgrown the space, or you simply fancy a change – moving offices can be a daunting experience. But it doesn’t have to be stressful if you plan for it properly and give yourself plenty of time. Here’s our go-to guide to moving offices in the least disruptive way, allowing you to have the most stress-free experience possible.
A typical person spends an average of 84,171 hours at work over the course of their career. And if you’re spending that many hours in a dull, cluttered office, it’s likely to make you feel uninspired and chaotic too. So, how can you apply queen of clean Marie Kondo’s approach to make sure that your office is sparking joy for you and your team? Here’s our guide to giving your office a Marie Kondo makeover.
You’ve found the ideal office space – it’s in the perfect location, has ideal facilities and is exactly the right size for your business. Now, all you need to do is turn it from a blank canvas into a welcoming office. So, the office fit out process begins.
The professional appeal of having a London address outweighs the many constraints like high cost and lack of space associated with the city. In addition to the general things you need to consider before renting office space anywhere, there are a number of things to consider when renting an office in London specifically.
However exciting an office move is for your business, it can also be incredibly overwhelming and stressful.That’s why we’ve put together this simple ten-step guide on things to consider when moving office - so that you can kick back and relax while the difficult planning work is done for you.
Looking for a new office space is never easy. Deciding whether you need a bigger space, a furnished space, a serviced office or a traditional lease is always going to be a challenge. Luckily for you, we’ve listed the benefits of serviced offices and traditional leases to help you make up your mind.
Thirty years ago, elements of biophilic design – a concept used within the building industry to increase occupant connectivity to the natural environment – were little more than impractical afterthoughts. From an extravagant water feature in an office lobby to a miniature ‘jungle’ as a shopping centre’s focal point, building managers and landscape contractors alike struggled to maintain these features.
Noise. Lack of privacy. No sense of personal space. No ability to focus. Funny smells. Messy colleagues and their trinkets. Colleagues with quirky tendencies. Trending viral videos. Headphones and Slack. Open-plan offices have been getting a bad rap these days, as public opinion and sensationalised news stories emphasise negative aspects of the design.
Is your business outgrowing the space it occupies? If so, it may be time to think about a new work environment. One option is to refresh and expand your existing location to accommodate your business’s current and future needs. Alternatively, you could take the plunge and move to a brand-new space.
When purchasing or leasing a space long term – whether for investment or for your own business – it's likely you'll need to make some modifications. This will involve hiring an expert or two, but who do you need? An architect? An interior designer? Both? Who is best qualified to lead your renovation project?
If your courtyard, outdoor space and car park are poorly designed and badly maintained, it substantially diminishes a building's appeal to potential renters and customers. Experts agree that outdoor landscaping should be just as much of a concern as the architecture of the building and the design of its interior.
As the open-plan office continues to become popular, while at the same time workers demand better-than-ever amenities from their employers, multi-function staff rooms are being designed with more care and creativity. Stodgy conference rooms are being replaced by huddle rooms, games areas, outdoor enclaves and cleverly-furnished pods.
Most entrepreneurs, start-ups, or young companies searching for a work space for the first time may not know where to start looking – and have plenty of questions that need answering. What are the rent prices in their market? How important is location? What are the basic needs for an office?
It’s not just start-ups and microbusinesses that are attracted to the idea of co-working. Corporations are moving towards it too. The growing need for greater workplace flexibility and agility is leading more corporate companies to use co-working spaces for some of their space needs.
There can be much more to renting an office than meets the eye, especially if you’re taking the plunge into leasing for the first time. The decisions you make now will affect the future course of your business in numerous ways not all immediately obvious at the start.
If you’ve never rented an office before, your experience of the property market is probably all based on renting or buying a house. While there are some similarities between the residential and commercial markets, there is more that separates them, and much more to get your head around when you’re starting out on this journey.
Finding the perfect office is a complicated business. Besides the big things like location, size of office, and local amenities, there are lots of details that can easily be overlooked when you’re being shown round a property, and questions you might wished you’d asked while you were there.