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. […]
With JLL reporting the strongest Q3 on record for European office leasing, Alex Colpaert, JLL’s Head of EMEA Offices Research, discusses the drivers behind the uptick in occupier activity and considers where this will translate into strong rental growth in 2016.
Just recently official sources announced that unemployment in the UK has reached a seven-year low. Albeit great news for the economy, rapidly emerging vacancies create a new challenge for businesses. Top management consultancies say in unison that companies are increasingly concerned about attracting and retaining talent. There is a disappointing lack of diversity, skills, and […]
I am a man who loves his coffee. My mid-morning coffee run is an integral and non-negotiable part of my working day, as important as brushing my teeth and a reward for making it a quarter way through the day. You can therefore imagine my disappointment when, after a hectic morning recently, I ordered a […]
The last time I attended EXPO Real it was the immediate aftermath of one of the worst financial crashes in history. The atmosphere was ‘distinctly chilly’. Real estate was at the heart of the banking sector’s troubles and the half-empty halls and stands echoed with the noise from TV screens, which cascaded the latest market […]
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 […]
Despite the US Federal Reserve’s decision not to raise rates in September, the fixed income market still expects, with a 66% probability, that the Fed will raise rates within the next 6 months. In Europe, the rate hike cycle will come later given the problem of patchy economic growth and the specter of weak inflation. […]
The dictionary definition of ‘Agile’ is: to be fast, nimble, responsive and powerful. A great word, with many positive connotations. In recent years it has been co-opted into corporate vocabulary, coming to symbolise the aspirational qualities of ideal workplaces. I think it is a word we will hear used with greater frequency by businesses in […]
2015 is out of the starting blocks. For me, it has begun the same way as 2014 ended and by that I mean very busy! Business activity across the company is increasing. This is a positive sign for a service company, meaning that our clients are busier. Growth for UK companies seems to be back […]
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 […]
Following my recent blog ‘Better by design’, in which I highlight the strategic importance of interior office design solutions for corporates, I thought it would be interesting to illustrate with a close to home example, … JLL’s own new interior fit-out at 30 Warwick Street, London completed earlier this year. JLL appointed Tétris to plan, […]
A firm favourite of mine, The Great Interior Design Challenge is back on the BBC. I enjoy watching the ‘wannabe’ interior designers attempt to satisfy high expectations of both homeowners and judges, whilst working to a tight budget. The end results are, in the main, pleasing and a definite improvement on the original décor and […]
Thanks to Twitter I recently discovered a gem: footage from 1964 of Arthur C Clarke predicting the virtualisation of work and the rise of remote working. Clarke envisaged instant communication being possible between anyone anywhere on the planet. Remote working would replace the fixed workplace. The daily commute, Clarke promised, would be consigned to history. Source: http://workplaceinsight.net/video-arthur-c-clarke-predicts-the-virtualisation-of-work-in-1964/ Fifty […]
I’ve got used to booking my train tickets in advance online to get a good discount on the fare. I reach the final payment screen and I’m prompted to pay an extra £2 per journey to allow flexibility on travel times. Each time I decline! Usually, I can keep to my pre-booked times but plans […]
With an improving economic prognosis and increased corporate confidence in the air, companies with available funds are starting to position themselves for growth and formulate longer term plans. In considering growth strategies, it will be necessary to develop a focus on future talent requirements. There is no doubt in my mind that companies who recognise […]
More and more companies are shifting their growth to emerging markets, and technology multinationals are showing the way. According to Jones Lang LaSalle’s Global Corporate Real Estate (CRE) Survey, technology companies are the most aggressive in expanding their footprint in emerging markets, with key growth destinations being BRIC countries, Central and Eastern Europe and Southeast […]
