With an average of 16.6 per cent occupancy, there was no significant increase in the number of office workers returning to their desks last week, according to the latest nationwide research from Remit Consulting.
Hybrid working strategies will trigger new investments across space and workplace software, says Verdantix survey
Independent research firm Verdantix has released its annual global survey of 285 senior corporate real estate & facilities management executives in the position to influence corporate real estate and facilities management decisions at their respective firms. The survey respondents – Heads of Real Estate, Directors of Facilities Management, Vice Presidents of Real Estate and Senior Managers of Facilities Management – reveal that firms are planning new technology investments across employee workplace experience, asset management and cloud-based security solutions.
Supercity Aparthotels, a specialist in luxury serviced apartments, is to launch at a new location in the heart of Leeds. Due to open in 2023, work will begin this winter to transform the former Jubilee Hotel into a signature new Supercity Aparthotel.
DC Byte, a data centre research and analytics platform, has shared the latest statistics and insights from its most recent ‘Data Centre Report’, published in partnership with Knight Frank, the leading global property adviser.
Panattoni, the largest logistics real estate developer in Europe, has signed a lease with Ocado Retail Limited, the online grocer, for a 346,132 sq ft speculatively developed logistics facility in Luton.
The UK healthcare sector has seen stifled supply growth in care home beds in the past year despite ever-increasing demand, with data from leading global property adviser Knight Frank revealing that UK care home supply has grown by only 6 per cent in the last decade, while the UK’s over 65 population has increased by 22 per cent over the same period.
Results from the latest pan-European INREV Quarterly Asset Level Index reveal the strong performance of European non-listed real estate. Total returns hit 3.01 per cent in Q2 2021, driven largely by capital growth of 2.10 per cent (up from 0.42 per cent the previous quarter) and marking the fourth consecutive quarter of positive performance, and the best quarterly result in three and a half years.
Over the next five years, additional logistics space demand of around four million square metres is expected in Germany and Austria, attributed solely to booming online retail. Real estate investors are aware of the development.
Edinburgh office take-up increased nearly 80 per cent in the second quarter of 2021 compared to the first three months of the year as the economy began to emerge from lockdown, according to analysis from Knight Frank.
Significantly more German commercial real estate transactions on the horizon in the second half of the year
Approximately EUR22.9 billion was invested in German commercial property during the first half of 2021, according to Savills. At around EUR13 billion, the investment volume in Q2 was the second highest of any quarter since the outbreak of the Covid-19 pandemic in the country but remained around 17 per cent below the five-year average quarterly volume prior to the pandemic.
Some 196,335 sq m of new office space will be delivered in Dublin this year, up 35 per cent on 2020, according to new data from property advisor, Savills Ireland.
Valmet to deliver turnkey biopower plant to produce green electricity and heat for the city of Salzburg in Austria
Valmet is to deliver a complete turnkey BioPower 5 power plant to produce green electricity and heat for the city of Salzburg, Austria. The order was placed by Salzburg AG, a leading Austrian energy and technology company.