Posted on May 26, 2015 by Offices.org.uk
Star Trek inspired office. Credit: YouTube.
A NEW office building in China has been built to look just like the USS Enterprise of Star Trek fame.
Reports say that the $160 million offices in China’s Fujian province belongs to software company NetDragon Websoft.
The company’s founder Liu Dejian, who also sits on the board of Chinese search engine Baidu, is a “huge fan” of Star Trek, says the Wall Street Journal.
The new star ship shaped office building is 260 metres long, 100 metres wide and rises to six storeys.
The WSJ also says that the building has a life-sized Tyrannosaurus rex skeleton replica inside.
Watch aerial footage of the office building that looks like the USS Enterprise.
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Posted on May 22, 2015 by Offices.org.uk
A TEMPORARY co-working space built in the canopy of a tree is to open this summer in London.
The pop-up tree office in trendy Hoxton Square will accommodate up to eight people and have its own wireless internet.
TREExOFFICE has been created by artist Natalie Jeremijenko, previously responsible for similar tree offices in New York and Berlin. She has worked in collaboration with artists Shuster + Moseley, architects Tate Harmer and briefing architects Gensler.
The unique park hack office experience is part of a Rethinking Parks initiative from charity Groundwork in association with Hackney Council and Gensler.
TREExOFFICE opens on June 8th and will remain in place until the end of the year. Income from bookings to use the offices will be invested back into the local area. Local community groups will be able to book the space free of charge at weekends.
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Posted on May 20, 2015 by Offices.org.uk
AN annual international office survey has shown that London’s West End remains the most expensive place in the world for desk space.
The research by DTZ, published yesterday, says that the West End of London is now almost a third more expensive than the second most costly location, Hong Kong.
While London has seen office prices continue to rise, many others have seen the cost of workstations fall with Moscow being the city to see the sharpest decline.
James Maddock, Head of Global Occupier Services in EMEA at DTZ, commented: “London’s West End continues to power ahead as the most expensive City on the planet to have a desk and there are no signs that this will slow in the near future. The lure of London remains strong for occupiers who see the value of having space in one of the world’s major financial and business centres.”
He added: “It will be interesting to see the debate around the proposed EU referendum and what this means for London’s position as a destination of choice for many of the world’s major corporations.”
Top 10 Most Expensive Cities, USD per workstation 2014
| London (West End) |
$29,340 |
| Hong Kong |
$21,110 |
| Lagos |
$19,080 |
| New York |
$19,020 |
| Zurich |
$15,210 |
| Geneva |
£15,160 |
| San Francisco |
$15,070 |
| Luxembourg |
$14,370 |
| Paris |
$13,690 |
| Doha |
$13,509 |
Elsewhere on Offices.org.uk: Search for London office space available to rent.
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Posted on May 19, 2015 by Offices.org.uk
120,000 sq ft of office space is to be redeveloped at Manchester’s historic Royal Exchange building after a multi-million pound revamp was given the go ahead.
The Grade-II listed building which also houses shops and a theatre will also have a new roof garden added as part of the overhaul.
Local planners have approved the scheme that was submitted by Starwood Capital and Trinity Investment Management.
Richard O’Boyle, executive director at Trinity IM, said: “This is the first in a series of planning applications we will be submitting, in our bid to bring The Royal Exchange, a stunning Grade II listed building in the heart of the city, back to its former glory.”
The current Royal Exchange building in Manchester was opened in 1921 and damaged by bombings during WWII and by the IRA in the 1990s.
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Posted on May 15, 2015 by Offices.org.uk
Vacancy rates for office space in the south east are at their lowest since 2001.
The research by Knight Frank says that availability within the M25 was down 13% in the first quarter of 2015 compared to a year earlier.
The M25 vacancy rate for 2015 Q1 stood at 5.9%, falling to just 4.2% when only new and Grade-A office space is considered.
Emma Goodford, head of national offices leasing team, Knight Frank, commented: “2015 has started positively supporting our view that take up in the M25 will be almost 30% ahead of 2014, and above the ten year average.
“Vacancy levels are heading towards crunch point in combination the market seeing rental growth across a growing number of key centres. In some cases rents are now at an all-time high- motivation for occupiers to identify and secure the best space now. The election has removed uncertainty and will drive demand.”
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Posted on May 1, 2015 by Offices.org.uk
LOCAL planners in Birmingham have approved plans for a new 210,000 sq ft office development in the city.
Construction work on 2 Arena Central in Broad Street is expected to begin next month following the planning decision by Birmingham City Council.
The brand new offices, situated in Birmingham Enterprise Zone, have been leased by HSBC for the head office of their ring-fenced bank for UK personal and business customers. About 1,000 positions will be moved from London Birmingham.
Speaking recently, Antonio Simoes, Chief Executive Officer of HSBC UK, said: “We want to be the bank of choice in the UK. Creating our ring-fenced bank head office in Birmingham gets us a step closer to that ambition for our 16 million personal and business customers.
“We have a strong track record of establishing banks outside of London, with first direct in Leeds and M&S Bank in Chester both recognised for great customer service. Birmingham City Council has worked hard and significantly invested to make the city an attractive home for UK businesses and their employees.”
Arena Central is a mixed development which will include over 600,000 sq ft of office space in total alongside leisure & retail, residential units and a hotel.
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Posted on April 29, 2015 by Offices.org.uk
AN OFFICE building in the heart of London’s Soho has been taken over by squatters who plan to create a “hub for homeless people.”
The building in Frith Street was formerly the head office of digital agency Reading Room but was bought by a pension fund with plans to turn it into flats and a restaurant.
According to the Evening Standard, a spokesperson for the group that have taken over the building said:
“We want to offer a safe space policy to vulnerable and homeless people – no drugs, no violence, racism or sexism.
“Our aim is to ensure no one has to sleep on the streets of London. There are thousands but to us one person is too many.”
The group previously occupied an office building in nearby Carlisle Street.
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Posted on April 24, 2015 by Offices.org.uk
SOCIAL media giant Facebook plans to expand its London presence at the Regent’s Place campus.
Developer British Land has announced that Facebook have signed an Agreement for Lease at 338 Euston Road.
The company will occupy nine floors in the seventeen storey building which is about to undergo a comprehensive refurbishment. This comes in addition to the almost 90,000 sq ft of space that Facebook already has at 10 Brock Street, also at Regent’s Place.
James Danby, Head of Office Leasing at British Land, said: “Facebook’s decision to expand their presence at Regent’s Place is a fantastic endorsement of the campus, and underlines their commitment to this location. While the area’s connectivity and the quality of the office space are of course significant factors, our work to make Regent’s Place a vibrant destination in its own right has been crucial in attracting high calibre media and technology businesses, of which Facebook is unquestionably one.”
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Posted on April 8, 2015 by Offices.org.uk
PLANS for a major new office building has been approved as part of the continued regeneration of Longbridge.
Councillors on the Planning Committee at Birmingham City Council have given the green light to the outline planning application for One Park Square, creating over 100,000 sq ft of Grade A office space.
The new office building is just part of the major Park Square development by St Mowden which is taking place on part of the former MG Rover Longbridge motor work.
Mike Murray from St Mowden told the Birmingham Post:
“This prime office space will create hundreds of new jobs and attract more professionals to Longbridge, adding to the thriving mixed-community we’re creating here.
“This is an ideal location for occupiers that need to be in easy reach of road link and public transport connections, and want to work in a high quality environment surrounded by amenities.”
Also on offices.org.uk: Office space to rent in Birmingham
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Posted on April 2, 2015 by Offices.org.uk
LAND SECURITIES has sold the Times Square building in the City of London to real estate investor, Blackstone.
The £268.4 million deal is for Land Securities’ 95% stake in the propertyat 160 – 162 Queen Victoria Street. Completion of the sale is due to take place by July.
Times Square is fully let and includes Bank of New York Mellon and law firm Dechert as its tenants.
Colette O’Shea, Managing Director, London Portfolio at Land Securities, said: “We’ve recently carried out some lease regearing activity at Times Square, and its sale reflects our strategy of recycling capital into our significant development programme.”
Anthony Myers, Head of Real Estate Europe at Blackstone, said: “This is our fourth investment in London as part of Blackstone Property Partners’ Core+ strategy, following the most recent acquisition of 125 Old Broad Street. Times Square fits the Core+ strategy extremely well as a high quality, well-leased asset in the centre of a global gateway city.”
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