Eight years since it was first floated, the International Accounting Standards Board (IASB) has announced that it will issue its definitive guide to the new lease accounting standards by the end of 2015. The new standard has been in the pipeline long enough for many organisations to forget about its implications. And that’s no surprise. […]
Blogs by Karen
Pressure to optimise costs, deliver value to shareholders and maintain a healthy balance sheet is firmly on the corporate agenda. Leadership is increasingly looking to real estate to satisfy these pressures whether through optimising costs or generating meaningful cash through the disposal of assets. JLL’s Global Corporate Real Estate Trends report reveals 40% of survey […]
In recent weeks I’ve splurged on presents, drained my bank account and indulged in copious amounts of mulled wine and mince pies. Alas, it’s a new year and I’m back to watching the pennies and getting my fitness regime back on track! Much like me, companies are looking at their own financial health, testing the […]
Obsolescence is rapidly accelerating, office lifecycles are shortening and depreciation is quickening. If you’re an investor who doesn’t already have a firm control of your asset strategies, then ageing properties – particularly secondary product – could become a burden as sustainability, technology and and changing occupier needs increasingly impact the offices sector. Of all the […]
Sustainability – one of the most important issue for European offices now – will remain so for the next decade; 83% of real estate professionals identify it as the key strategic issue facing decision makers in the real estate industry. Sustainability, driven by strict legislation (e.g. 2011 Energy Act in the UK, Grenelle in France […]
Looking back to the beginning of 2010, Grade A supply peaked with vacancy rates at 5.4% on average across the UK regional markets. Fast forward to today and the supply crunch has driven Grade A vacancy rates down to below 4% in the majority of the UK regional markets, and trending downwards. The squeeze on […]
On my recent journey into the office it dawned on me that the overabundance of scarf, hat and glove-wearing tube travellers could mean only one thing: winter is on the way. It doesn’t seem that long ago that we were last reaching for our winter woollies but the decidedly cool air is a reminder that […]