There’s no doubt about it, the way that we work has forever been altered by the COVID-19 pandemic. The previously traditional workspaces that we had all taken for granted must now be adapted to accommodate this new paradigm, as seen through the introduction of social distancing requirements and brand new working schedules. Just as we dared to dream that the end was in sight and normality could return, the Omicron variant and others like it have once again thrust the world into disarray, forcing us to question whether or not things will ever be the same again.
The repeated uncertainty associated with the pandemic has created dramatic moments in the commercial property sector, as businesses struggle to ascertain best practices that can allow employees to remain safe and happy whilst also maintaining productivity. Some businesses have opted for a hybrid working model, offering employees greater flexibility over when, how and where they work. Many employees, when provided the option, have opted for remote working schedules, something which has allowed certain businesses to downsize or sublease their office spaces in a bid to reduce overhead costs. Some organisations that can’t offer remote working, whether that be due to the nature of their businesses or their unique industry, are now looking for larger spaces to adhere to guidelines and safeguard employees.
Whatever the reason for your move to a new office location, if you’re preparing to relocate to a serviced office or coworking facility, an organised and planned approach will minimise disruptions. Here are a few things to consider when moving to a new office space…
Cobalt Park is a large-scale office park and the largest of its kind in the United Kingdom. Preparation for this project began in 1996 and construction work started 2 years later. The project was completed in 2002 thanks to the joint effort of local developer Highbridge Properties, engineering firm Cundall, and Ryder Architecture.
Birmingham Business Park is a 17-acre development located within easy reach of Birmingham International Airport and 12 miles east of the city centre. This site is owned by Canmoor Asset Management and Black Rock and is currently the place of employment of over 7,000 people.
Quorum Business Park is a large commercial property development located 4.5 miles north of Newcastle city centre. The park has been built on what was the North Tyneside Enterprise Zone until 2006. The site itself contains over 1 million square feet of commercial space (suitable for both office and retail), and is surrounded by nearly 50 acres of parklands. At the time of writing, there were 16 office buildings at the park, 7 of which were fully let. The remaining buildings offer office accommodation ranging from 500 to 104,000 square feet. Moreover, building Q16 offers office space on a per-desk basis.
Success is the ultimate aspiration of business owners and entrepreneurs. But what exactly does it take to succeed in today’s competitive business environment? While there is no single recipe for success, the TED talks listed below can help you position yourself on the right track.
With a combined GVA of nearly £700 million, there is no doubt that the creative sector is one of Birmingham’s economic pillars. In only six years, the local creative industry has gone from employing 20,000 people to providing more than 34,000 jobs, and the number of creative businesses in the city has grown from 3,400 in 2010 to nearly 6,000 in 2016. Such a booming industry needs suitable space, which is readily available at some of the top creative workspaces listed below.
Edinburgh has a thriving economy whose diversity and scope for growth attracts FTSE 100 companies and other large firms mainly in banking, insurance, finance, media, and technology. Since all these are office-based industry sectors, the demand for office space in the city is robust, and in fact Edinburgh is one of the six most important commercial property markets outside London. But how does demand affect office rental values in this Scottish city? Read on to find out.